Bayesian inference for the gravity model
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Priya Ranjan; Justin L. Tobias
📂
Article
📅
2007
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John Wiley and Sons
🌐
English
⚖ 200 KB
## Abstract This paper seeks to empirically extend the __gravity model__, which has been widely used to analyze volumes of trade between pairs of countries. We generalize the basic threshold tobit model by allowing for the inclusion of country‐specific effects into the analysis and also show how on