Siliverstovs, Boriss; Schumacher, Dieter - KOF Swiss Economic Institute, Department of Management, … - 2008
This study analyzes the stability of the distance coefficient values over time in the generalized gravity equation of Bergstrand (1989) using both aggregate and disaggregated trade flows among 22 OECD countries recorded for the sample period covering 1970 until 2000. We estimate the gravity...