Bosquet, Clément; Boulhol, Hervé - In: Review of World Economics (Weltwirtschaftliches Archiv) 151 (2015) 1, pp. 1-21
This paper studies the change in the distance elasticity of trade between 1948 and 2006. The elasticity sharply increased, when gravity equations are estimated by ordinary least squares in log form (log-OLS), while it was broadly stable or slightly increasing, depending on the specification,...