On the Role of Distance for Bilateral Trade
This study addresses the role of distance in a partial equilibrium model of bilateral trade and tests hypotheses in a large panel data-set of trade flows. The analysis obtains three implications regarding the empirical specification of trade frictions in gravity models. Two results illustrate the relevance of the approach. Copyright 2008 The Author.
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Volume (Year): 31 (2008)
Issue (Month): 5 (05)
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