This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …. I test the translog gravity equation and find strong empirical support in its favor. …

This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …. I test the translog gravity equation and find strong empirical support in its favor. …

This paper derives a micro-founded gravity equation based on a translog demand system that allows for flexible … substitution patterns across goods. In contrast to the standard CES-based gravity equation, translog gravity generates an … trade flows predicted to be zero. I test the translog gravity equation and find empirical evidence that is in many ways …

This paper derives a micro-founded gravity equation based on a translog demand system that allows for flexible … substitution patterns across goods. In contrast to the standard CES-based gravity equation, translog gravity generates an … trade flows predicted to be zero. I test the translog gravity equation and find empirical evidence that is in many ways …

This paper derives a micro-founded gravity equation based on a translog demand system that allows for flexible … substitution patterns across goods. In contrast to the standard CES-based gravity equation, translog gravity generates an … trade flows predicted to be zero. I test the translog gravity equation and find empirical evidence that is in many ways …

ChinaÕs Customs Statistics, we examine the impact of oil prices on tradeÕs sensitivity to distance. We find that higher oil … prices increase tradeÕs elasticity to distance, but that the economic effect is small. We also find that the effect is more …

questions, in particular how much distance, Ricardian productivity, factor endowments, and institutional conditions each matter …

questions, in particular how much distance, Ricardian productivity, factor endowments, and institutional conditions each matter …

This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity … to be zero. I test the translog gravity equation and find strong empirical support in its favor. In an application to the …

gravity model fits the data quite well. Specifically, while economic sizes of the host and source (measured by GDP, population … etc) appear to positively impact bilateral flows in most cases, distance -- broadly proxying some sort of transactions and … / or information frictions -- stands out as consistently hindering all types of capital flows. But does greater distance …