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:
F1
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
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Academic OneFile (A&I only)
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