A Perfect Specialization Model for Gravity Equation in Bilateral Trade based on Production Structure

Although initially originated as a totally empirical relationship to explain the volume of trade between two partners, gravity equation has been the focus of several theoretic models that try to explain it. Specialization models are of great importance in providing a solid theoretic ground for gravi...

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Veröffentlicht in:	arXiv.org 2018-03
Hauptverfasser:	Einian, Majid, Farshad Ranjbar Ravasan
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic models Gravitation International trade Quantitative Finance - General Finance Scientific papers Specialization
Online-Zugang:	Volltext
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