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This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to … verifications and logical critiques. A useful supplement is provided in terms of Staffan Linder's theory of "overlapping demand … trade theory, with strategic trade providing inputs to industrial policy. Issues relating to trade, growth, and development …
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Recently, discussion about the appropriate estimation of gravity trade models has started in agriculture. Here, we are going to review recent developments in the literature. It appears that fixed effects Poisson Pseudo Maximum Likelihood is not only the only consistent estimator [Santos Silva...
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