Theoretical Foundations of the Gravity Trade Model
Micro-foundations for the well-known gravity trade model are investigated. A new framework is adopted, together with assumptions that while strong are rather less restrictive than those typically employed in this context, thus enabling rather more complex and interesting results to be obtained than are available in the literature.
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|Date of creation:||Jan 2005|
|Date of revision:|
|Contact details of provider:|| Postal: Edgbaston, Birmingham, B15 2TT|
Web page: http://www.economics.bham.ac.uk
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