Dutt, Pushan; Mihov, Ilian; Van Zandt, Timothy - In: Journal of International Economics 91 (2013) 2, pp. 204-219
We use 6-digit bilateral trade data to document the effect of WTO/GATT membership on the extensive and intensive … product margins of trade. We construct gravity equations for the two product margins motivated by Chaney (2008). The empirical … results show that standard gravity variables provide good explanatory power for bilateral trade on both margins. Importantly …