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French (2011) can analytically show that the standard Anderson and van Wincoop (2003) gravity trade model is only correctly specified for disaggregate data; gravity trade model analysis should be done at product level and then estimation results should be reaggregated. If however gravity trade...
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intuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensive trade …
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lead to biased and frequently misinterpreted results. There are now several theory-consistent estimation methods and we …
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This study sought to approximate trade potentials of the TPP Agreement with a special consideration at the level of complementarity. To accomplish the objective, we utilized an augmented gravity model on agriculture and manufacturing sectors, spanning the period 2000-2010. Our results suggested...
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