Gravity Equation and Trade Agreements: A Different Econometric Approach
This paper is aimed at multiplicatively estimating the parameters of the gravity equation by using the Poisson Pseudo-Maximum-Likelihood (PPML) estimator, and taking heteroskedasticity into account at the same time. Besides, in order to compare the results, the model will be estimated trough OLS and...
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Formato: | Artículo revista |
Lenguaje: | Español |
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Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
2008
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Acceso en línea: | https://revistas.unc.edu.ar/index.php/REyE/article/view/3853 |
Aporte de: |
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I10-R10article-3853 |
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institution |
Universidad Nacional de Córdoba |
institution_str |
I-10 |
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R-10 |
container_title_str |
Revistas de la UNC |
language |
Español |
format |
Artículo revista |
topic |
preferential trade agreements gravity model trade creation and trade diversion generalized lineal models F14 F15 |
spellingShingle |
preferential trade agreements gravity model trade creation and trade diversion generalized lineal models F14 F15 Recalde, María Luisa Florensa, Marcelo Iturralde, Ivan Gravity Equation and Trade Agreements: A Different Econometric Approach |
topic_facet |
preferential trade agreements gravity model trade creation and trade diversion generalized lineal models F14 F15 |
author |
Recalde, María Luisa Florensa, Marcelo Iturralde, Ivan |
author_facet |
Recalde, María Luisa Florensa, Marcelo Iturralde, Ivan |
author_sort |
Recalde, María Luisa |
title |
Gravity Equation and Trade Agreements: A Different Econometric Approach |
title_short |
Gravity Equation and Trade Agreements: A Different Econometric Approach |
title_full |
Gravity Equation and Trade Agreements: A Different Econometric Approach |
title_fullStr |
Gravity Equation and Trade Agreements: A Different Econometric Approach |
title_full_unstemmed |
Gravity Equation and Trade Agreements: A Different Econometric Approach |
title_sort |
gravity equation and trade agreements: a different econometric approach |
description |
This paper is aimed at multiplicatively estimating the parameters of the gravity equation by using the Poisson Pseudo-Maximum-Likelihood (PPML) estimator, and taking heteroskedasticity into account at the same time. Besides, in order to compare the results, the model will be estimated trough OLS and Tobit, and the precision of the different estimators will be assessed by a set of specification tests. Results indicate that the effects of Preferential Trade Agreements are very sensitive to the method chosen to estimate the gravity model and the results obtained under PPML are the most reliable. |
publisher |
Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. |
publishDate |
2008 |
url |
https://revistas.unc.edu.ar/index.php/REyE/article/view/3853 |
work_keys_str_mv |
AT recaldemarialuisa gravityequationandtradeagreementsadifferenteconometricapproach AT florensamarcelo gravityequationandtradeagreementsadifferenteconometricapproach AT iturraldeivan gravityequationandtradeagreementsadifferenteconometricapproach |
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Revistas |
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1764819783855898627 |