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...

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Chi tiết về thư mục
Những tác giả chính: Neary, P, Carrère, C, Mrázová, M
Định dạng: Working paper
Được phát hành: University of Oxford 2020