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and bank asset holdings, which yield gravity equations that can be tested empirically. We then use these models to test … contributions to the empirical literature in international economics. These contributions argue that single-equation gravity models … suffer from an endogeneity bias, culminating in a request for the estimation of systems of gravity equations. Yet, the …
Persistent link: https://www.econbiz.de/10010286439
general, interpreted as being harmful to aid recipients. However, in this paper, using a gravity model, we show that aid is …
Persistent link: https://www.econbiz.de/10010321422
Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken …
Persistent link: https://www.econbiz.de/10010280634
This paper studies the nature of spillover effects in bank lending flows from advanced to the emerging market economies … and identifies specific channels through which such effects occur. Based on a gravity model we examine a panel data set on … cross-border bank flows from 17 advanced to 28 emerging market economies in Asia, Latin America and central and eastern …
Persistent link: https://www.econbiz.de/10010301350
leakage. Using a gravity model of carbon trade, we analyze the effect of the Kyoto Protocol on the carbon content of bilateral …
Persistent link: https://www.econbiz.de/10010299938
In this paper we examine the impact of major disasters on international trade flows using a gravity model. Our panel …
Persistent link: https://www.econbiz.de/10010326694
The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...
Persistent link: https://www.econbiz.de/10010277794
a large number of business services are intangible and non-storable, gravity model estimates show that geographical …
Persistent link: https://www.econbiz.de/10010281652
specification, namely a log-linear gravity model of export and import flows augmented with the logarithm of the stock of immigrants …
Persistent link: https://www.econbiz.de/10010282213
tested using 'gravity estimates,' which are based on countries' geographic characteristics as appropriate instruments for …
Persistent link: https://www.econbiz.de/10010397715