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Gravity model specification and estimation: revisited

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Author Info
Kaliappa Kalirajan

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Abstract

The gravity model is one of the most frequently estimated empirical relationships in economics. However, the most commonly used form of the relationship is not correctly specified. This article discusses the specific sources of imprecision in modelling and estimation of gravity equations and suggests a method to correct the specification bias.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850600993499&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Publisher Info
Article provided by Taylor and Francis Journals in its journal Applied Economics Letters.

Volume (Year): 15 (2008)
Issue (Month): 13 ()
Pages: 1037-1039
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Handle: RePEc:taf:apeclt:v:15:y:2008:i:13:p:1037-1039

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