Metulini, Rodolfo; Patuelli, Roberto; Griffith, Daniel A. - In: Econometrics : open access journal 6 (2018) 1, pp. 1-15
Nonlinear estimation of the gravity model with Poisson-type regression methods has become popular for modelling international trade flows, because it permits a better accounting for zero flows and extreme values in the distribution tail. Nevertheless, as trade flows are not independent from each...