The Gravity Model
2011; Annual Reviews; Volume: 3; Issue: 1 Linguagem: Inglês
10.1146/annurev-economics-111809-125114
ISSN1941-1391
Autores Tópico(s)Global trade and economics
ResumoGravity has long been one of the most successful empirical models in economics. Incorporating deeper theoretical foundations of gravity into recent practice has led to a richer and more accurate estimation and interpretation of the spatial relations described by gravity. Wider acceptance has followed. Recent developments are reviewed here, and suggestions are made for promising future research.
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