Advanced Search
MyIDEAS: Login to save this paper or follow this series

A Gravity Model under Monopolistic Competition

Contents:

Author Info

Registered author(s):

    Abstract

    This paper presents an alternative derivation of the gravity equation for foreign trade, which is explicitly based on monopolistic competition in the export markets and which is more general than previously seen in the literature. In contrast with the usual specification, our model allows for the realistic assumption of asymmetry in mutual trade flows. The model is estimated for trade in Europe, producing evidence that trade flows and barriers do indeed reveal strong asymmetry. We then carry out a simulation, based on the estimated model, of the general equilibrium effects (through trade) of the UK’s possible entrance into the economic and monetary union.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.enepri.org/Publications/WP033.pdf
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (CEPS)
    Download Restriction: no

    Bibliographic Info

    Paper provided by European Network of Economic Policy Research Institutes in its series Economics Working Papers with number 033.

    as in new window
    Length: 14 pages
    Date of creation: Mar 2005
    Date of revision:
    Handle: RePEc:epr:enepwp:033

    Contact details of provider:
    Postal: ENEPRI c/o CEPS Place du Congrès 1 1000 Brussels Belgium
    Phone: +32 2 229 3911
    Fax: +32 2 219 4151
    Email:
    Web page: http://www.enepri.org
    More information through EDIRC

    Order Information:
    Postal: ENEPRI c/o CEPS Place du Congrès 1 1000 Brussels Belgium
    Email:
    Web: http://www.enepri.org

    Related research

    Keywords: Gravity model; trade barriers; asymmetry;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:epr:enepwp:033. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CEPS) The email address of this maintainer does not seem to be valid anymore. Please ask CEPS to update the entry or send us the correct address.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.