Using The Gravity Equation To Differentiate Among Alternative Theories Of Trade (1999)
James A. Markusen, Robert C. Feenstra, Robert C. Feenstra, Professor James, R. Markusen, Andrew K. Rose, ...
One of the most enduring results of empirical international economics is that a simple gravity equation explains a great deal about the data on bilateral trade flows. This is consistent with several...
James A. Markusen, Robert C. Feenstra, Robert C. Feenstra, Professor James, R. Markusen, Andrew K. Rose, ...
This paper argues that the theoretical foundations for the gravity equation are general, while the empirical performance of the gravity equation is specific to the type of goods examined. Most...