García, Eduardo Cuenca; Pabsdorf, Margarita Navarro; … - In: Journal of Economic Policy Reform 16 (2013) 4, pp. 336-348
This paper explores the determinants of bilateral trade flows between Mercosur countries. To this aim, a gravity model is applied to annual bilateral exports between 75 countries in 1980--2008. The model is augmented with variables that are relevant in determining the volume and direction of...