New nonlinear estimators of the gravity equation
The gravity model of international trade is often applied by economists to explain bilateral trade between countries. Nevertheless, some estimation practices have been subject to criticism, namely how zero trade values and the heteroskedasticity are handled. This paper proposes new nonlinear estimat...
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| Format: | article |
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2020
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| Online Access: | http://dx.doi.org/10.1016/j.econmod.2020.12.011 https://www.sciencedirect.com/science/article/pii/S0264999320312761 http://hdl.handle.net/10576/40171 |
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