A Global Review of Gravity Model Applications: Trends, Methods and Future Directions
Author: Jitendra Rabada DOI Link: https://doi.org/10.70798/Bijmrd/04011007 Abstract: The gravity model is one of the most influential and empirically robust frameworks in international economics for explaining bilateral trade flows. Over time, it has evolved from Tinbergen’s descriptive formulation into a theoretically grounded structural model incorporating multilateral resistance terms, advanced estimators such as PPML, and sector-specific extensions. …
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