Gravity Model Specification and Estimation: Revisited

    Research output: Contribution to journalArticle

    Abstract

    The gravity model is one of the most frequently estimated empirical relationships in economics. However, the most commonly used form of the relationship is not correctly specified. This article discusses the specific sources of imprecision in modelling and estimation of gravity equations and suggests a method to correct the specification bias.
    Original languageEnglish
    Pages (from-to)1037-1039
    JournalApplied Economics Letters
    Volume15
    Issue number13
    DOIs
    Publication statusPublished - 2008

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