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Gravity for Undergrads

Author

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  • Yoto Yotov

    (School of Economics, Drexel University)

Abstract

La ecuación de gravedad es el modelo de referencia en el comercio internacional y la herramienta más utilizada para el análisis de políticas comerciales. No obstante, a pesar de sus sólidas bases teóricas, su notable éxito empírico, su atractivo intuitivo y su facilidad de aplicación, la ecuación de gravedad no ha sido debidamente presentada ni ha recibido la divulgación que merece en aras de facilitar y potenciar la investigación por parte del alumnado universitario y personas que se inician en la literatura sobre el tema. El objetivo de este capítulo es presentar el modelo de gravedad del comercio al alumnado universitario y traducir la ecuación teórica de gravedad a un modelo econométrico que pueda emplearse en una amplia variedad de proyectos de investigación y análisis de políticas económicas.

Suggested Citation

  • Yoto Yotov, 2025. "Gravity for Undergrads," Working Papers 202534, Center for Global Policy Analysis, LeBow College of Business, Drexel University.
  • Handle: RePEc:drx:wpaper:202534
    as

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    File URL: https://www.lebow.drexel.edu/sites/default/files/2025-08/cgpa_paper_2025_34.pdf
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    References listed on IDEAS

    as
    1. Baldwin, Richard & Taglioni, Daria, 2006. "Gravity for Dummies and Dummies for Gravity Equations," CEPR Discussion Papers 5850, C.E.P.R. Discussion Papers.
    2. James E. Anderson & Eric van Wincoop, 2003. "Gravity with Gravitas: A Solution to the Border Puzzle," American Economic Review, American Economic Association, vol. 93(1), pages 170-192, March.
    3. Yoto V. Yotov, 2024. "The evolution of structural gravity: The workhorse model of trade," Contemporary Economic Policy, Western Economic Association International, vol. 42(4), pages 578-603, October.
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    5. repec:oup:ecpoli:v:15:y:2000:i:30:p:7-46 is not listed on IDEAS
    6. Andrew K. Rose, 2000. "One money, one market: the effect of common currencies on trade," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 15(30), pages 08-45.
    7. Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-116, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions

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