Comparing the fit of the gravity model for different cross-border flows

Comparing the fit of the gravity model for different cross-border flows

This paper investigates how well the gravity model explains various cross-border flows that may lead to knowledge spillovers. It turns out that the model works well for trade and telephone traffic, but less satisfactorily for merger and acquisition flows.

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Veröffentlicht in:Economics letters 2008-06, Vol.99 (3), p.474-477
1. Verfasser: Wong, Wei-Kang
Format: Artikel
Sprache:eng
Schlagworte:
Acquisitions
Economic models
Gravity model
Merger and Acquisition
Mergers
Spillovers
Telecommunications
Telephone traffic
Trade
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Beschreibung
Zusammenfassung:This paper investigates how well the gravity model explains various cross-border flows that may lead to knowledge spillovers. It turns out that the model works well for trade and telephone traffic, but less satisfactorily for merger and acquisition flows.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2007.09.018