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Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?

Alan V. Deardorff

in The Regionalization of the World Economy

Published in print:
1997
Published Online:
February 2013
ISBN:
9780226259956
eISBN:
9780226260228
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226260228.003.0002
Subject:
Economics and Finance, International

It has long been recognized that bilateral trade patterns are well described empirically by the so-called gravity equation, which relates trade between two countries positively to both of their ... More


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