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Gravity Equation Analysis in the Context of International Trade: Model Specification Implications in the Case of the European Union

Paas, Tiiu; Tafenau, Egle; Scannell, Nancy J. - In: Eastern European Economics 46 (2008) 5, pp. 92-113

We examine model specification implications pursuant to gravity equation analysis in assessing the validity of new trade theory (NTT) models. The testing is conducted on twenty-three EU members, consisting of eight postsocialist transitional countries and fifteen developed countries, for the...

Persistent link: https://www.econbiz.de/10005818654