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type="main" xml:id="obes12055-abs-0001" <title type="main">Abstract</title> <p>Helpman, Melitz and Rubinstein [Quarterly Journal of Economics (2008) Vol. 123, pp. 441–487] (HMR) present a rich theoretical model to study the determinants of bilateral trade flows across countries. The model is then empirically implemented...</p>
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