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of states to common cluster logit model is used and find that smaller is the relative difference between them in terms of …
Persistent link: https://www.econbiz.de/10010969042
, called betit, nests both logit and probit and allows for various skewed and peaked disturbance densities. Because the shape … paper considers asymptotic biases of the logit and probit models under conditions where betit should have been used. It also …
Persistent link: https://www.econbiz.de/10008532015
This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...
Persistent link: https://www.econbiz.de/10008642254