Melting constants in trade gravity’s rainbow
نویسندگان
چکیده
Customary empirical gravity models are parametric and rely on the assumption that exports from country i to j depend an additive index of three components: i-specific supply potential which is common across importers j; j-specific demand exporters i; bilateral trade frictions indexed by ij within in a generic period. We demonstrate data reject constancy these components category. The variation trade-agreement-depth effects category pairs time striking.
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2021
ISSN: ['1873-7374', '0165-1765']
DOI: https://doi.org/10.1016/j.econlet.2021.109803