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The Gravity Model

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  • James E. Anderson

    ()
    (Department of Economics, Boston College, Chestnut Hill, Massachusetts 02467, and NBER, Cambridge, Massachusetts 02138)

Abstract

Gravity has long been one of the most successful empirical models in economics. Incorporating deeper theoretical foundations of gravity into recent practice has led to a richer and more accurate estimation and interpretation of the spatial relations described by gravity. Wider acceptance has followed. Recent developments are reviewed here, and suggestions are made for promising future research.

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File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-111809-125114
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Bibliographic Info

Article provided by Annual Reviews in its journal Annual Review of Economics.

Volume (Year): 3 (2011)
Issue (Month): 1 (09)
Pages: 133-160

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Handle: RePEc:anr:reveco:v:3:y:2011:p:133-160

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Related research

Keywords: incidence; multilateral resistance; trade costs; migration;

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References

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  1. Martin, Philippe & Rey, Helene, 2004. "Financial super-markets: size matters for asset trade," Journal of International Economics, Elsevier, vol. 64(2), pages 335-361, December.
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  4. Novy, Dennis, 2010. "International Trade and Monopolistic Competition without CES: Estimating Translog Gravity," The Warwick Economics Research Paper Series (TWERPS) 929, University of Warwick, Department of Economics.
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  9. Grogger, Jeffrey & Hanson, Gordon H., 2011. "Income maximization and the selection and sorting of international migrants," Journal of Development Economics, Elsevier, vol. 95(1), pages 42-57, May.
  10. Jörn Kleinert & Farid Toubal, 2010. "Gravity for FDI," Review of International Economics, Wiley Blackwell, vol. 18(1), pages 1-13, 02.
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  12. Baier, Scott L. & Bergstrand, Jeffrey H., 2001. "The growth of world trade: tariffs, transport costs, and income similarity," Journal of International Economics, Elsevier, vol. 53(1), pages 1-27, February.
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