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This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that …. I test the translog gravity equation and find strong empirical support in its favor. … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …
Persistent link: https://www.econbiz.de/10009643556
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that …. I test the translog gravity equation and find strong empirical support in its favor. … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …
Persistent link: https://www.econbiz.de/10008596576
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 …
Persistent link: https://www.econbiz.de/10010617223
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 …
Persistent link: https://www.econbiz.de/10011126685
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 …
Persistent link: https://www.econbiz.de/10011083929
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … to be zero. I test the translog gravity equation and find strong empirical support in its favor. In an application to the … allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity …
Persistent link: https://www.econbiz.de/10010270479
Persistent link: https://www.econbiz.de/10009719622
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that …. I test the translog gravity equation and find strong empirical support in its favor. … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …
Persistent link: https://www.econbiz.de/10010758426
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 …
Persistent link: https://www.econbiz.de/10010758469
Gravity model of international trade states that trade interaction between two countries is in direct proportion to … their size measured by Gross Domestic Product and in inverse proportion to the geographic distance. Conley and Ligon (2001 …) argued that the relevant economic distance between countries is often not the geographic distance. Thus, this study uses …
Persistent link: https://www.econbiz.de/10010898339