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Nonlinear estimation of the gravity model with Poisson/negative binomial methods has become popular to model international trade flows, because it permits a better accounting for zero flows and extreme values in the distribution tail. Nevertheless, as trade flows are not independent from each...
Persistent link: https://www.econbiz.de/10011703385
Nonlinear estimation of the gravity model with Poisson/negative binomial methods has become popular to model international trade flows, as it permits a better accounting for large numbers of zero flows. Nevertheless, as trade flows are not independent of each other due to spatial...
Persistent link: https://www.econbiz.de/10011881105