Bonus vetus OLS: A simple method for approximating international trade-cost effects using the gravity equation

Using a Taylor-series expansion, we solve for a simple reduced-form gravity equation revealing a transparent theoretical relationship among bilateral trade flows, incomes, and trade costs, based upon the model in Anderson and van Wincoop [Anderson, James E., and van Wincoop, Eric. “Gravity with Grav...

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Bibliographic details

Volume:	77
Main Author:	Baier, Scott L Bergstrand, Jeffrey H
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	AMSTERDAM Elsevier B.V 2009 ELSEVIER Elsevier Elsevier Science Publishers
published in:	Journal of international economics Vol. 77; no. 1; pp. 77 - 85
Data of publication:	2009
ISSN:	0022-1996 1873-0353
EISSN:	1873-0353
Discipline:	Economics Business
Series:	Journal of International Economics
Subjects:	International trade Gravity equation Multilateral resistance terms Border barriers Economics Business & Economics Social Sciences International trade Gravity equation Multilateral resistance terms Border barriers International trade F1 Gravity equation Multilateral resistance terms Border barriers DETERMINANTS
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2009 Web of Knowledge Web of Science RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS