Gravity without apology: the science of elasticities, distance, and trade
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade tends to fall with distance. We then introduce some exp...
| Главные авторы: | , , |
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| Формат: | Working paper |
| Опубликовано: |
University of Oxford
2020
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