The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence
- 1 August 1985
- journal article
- Published by JSTOR in The Review of Economics and Statistics
- Vol. 67 (3) , 474
- https://doi.org/10.2307/1925976
Abstract
Despite the gravity equations' empirical successes in "explaining" trade flows, the model's predictive potential has been inhibited by an abse...Keywords
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