Browsing İktisat Bölümü Koleksiyonu by Subject "Dynamic Gravity"
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Competing specifications of the gravity equation: a three-way model, bilateral interaction effects, or a dynamic gravity model with time-varying country effects? (Physica-Verlag Gmbh & Co, 2014)We investigate bilateral trade flows across the EU-15 countries from 1962 to 2003 by different specifications of the gravity model. We augment the basic gravity model with population and exchange rate variables, and then ...