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We review and interpret the main theoretical developments in the gravity literature from its very early, a-theoretical applications to the latest structural contributions. We also discuss challenges and implement methods to estimate empirical gravity equations. We finish with a presentation and...
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The paper reexamines the empirical relationship between external indebtedness and the interest premium on government bonds. We use a broad sample of countries between 1980-2017 that includes advanced, emerging and less-developed economies. We show that the relationship is strongly...
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primitives using maximum likelihood estimation and illustrate the good performance of estimators using Monte Carlo experiments …
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functional forms can overcome different sources of bias. The analysis is particularly relevant to the estimation of spillovers …
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This paper provides a survey and synthesis of econometric tools that have been employed to study economic growth. While these tools range across a variety of statistical methods, they are united in the common goals of first, identifying interesting contemporaneous patterns in growth data and...
Persistent link: https://www.econbiz.de/10014023779