Trading Partners and Trading Volumes: Implementing the Helpman-Melitz-Rubinstein Model Empirically

Helpman, Melitz, and Rubinstein (2008)-HMR-present a rich theoretical model to study the determinants of bilateral trade flows across countries. The model is then empirically implemented through a two-stage estimation procedure. This note seeks to clarify some econometric aspects of the estimation approach used by HMR and explore the consequences of possible departures from the maintained distributional assumptions.

MoreLess

Year of publication:	2009-06
Authors:	Silva, J. M. C. Santos ; Tenreyro, Silvana
Institutions:	Centre for Economic Performance, LSE
Subject:	Gravity equation \| Heteroskedasticity \| Jensens inequality

More details

Extent:	application/pdf
Series:	CEP Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The price is 5 pounds sterling
Classification:	C13 - Estimation ; C50 - Econometric Modeling. General ; F10 - Trade. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005256475