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its estimation using panel data. We suggest to employ K-mean clustering to group countries according to the gravity … separately, the estimated coefficients and their standard errors vary sufficiently. Moreover, we show that the pooled estimation …
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rate decreases import flow in a low growth market. The Markov Switching Probability Estimation notes that Thailand …
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The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
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We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models …
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Starting with Tinbergen (1962), quantifying the effects of regional trade agreements (RTAs) on international trade flows has always been among the most popular topics in the trade literature. Also not surprisingly, to estimate the effects of RTAs, most researchers and policy analysts have relied...
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