We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...

We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...

Chapter 1. Introduction -- Chapter 2. A Review of Regional Development, Disparities, and Public Policies in Mexico: Reflections on an Environment of Strategic Reconfigurations -- Chapter 3. Regional Advantages: Why U.S -- Mexico Trade Is Robust and Permanent -- Chapter 4. Regional Economic...