Hayakawa, Kazunobu - Institute of Developing Economies, Japan External Trade … - 2011
In this paper, using the worldwide dataset of bilateral tariff rates, we explore how serious the omission of bilateral … tariff rates in gravity is. Our findings are as follow. Firstly, the omission of bilateral tariff rates seems not to be so … alternative role in place of tariff rates, the inclusion of time-invariant pair fixed effects in addition to the time …