Prehn, Sören; Brümmer, Bernhard; Glauben, Thomas - Institut für Agrarökonomie, Georg-August-Universität … - 2012
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...