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We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models. Non-linear solvers of estimated models are replaced by (constrained) regressions. Applied economists can more readily generate results, with more intuition about the working of...
Persistent link: https://www.econbiz.de/10013010483
, and we outline recent methods to obtain theory-consistent GE effects of trade policy with a simple estimation procedure …
Persistent link: https://www.econbiz.de/10012984506