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In this paper we obtain bounds under weaker nonparametric assumptions and explore how the bounds with assumptions imposed.
Persistent link: https://www.econbiz.de/10005200440
Persistent link: https://www.econbiz.de/10005795268
Examining the accuracy of the monopolistic competition theory's predictions for import volumes, we assess whether this theory accounts for the empirical success of the gravity equation. Since certain factor-endowment based theories have the same prediction for import volumes, we employ...
Persistent link: https://www.econbiz.de/10005136837