REAL

The Gravity Model for Trade Theory

Borges Aguiar, Giovanna Maria and Cossu, Elena (2019) The Gravity Model for Trade Theory. KÖZ-GAZDASÁG, 14 (3). pp. 293-299. ISSN 1788-0696

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Abstract

This article delivers a theoretical overview of the gravity model and some of its main applications. The goal is as well to provide some criticism and to discuss the effectiveness of this widely used model. The model, in fact, not only did not lose its appeal over time but, on the contrary, it continued to develop and to become more reliable and relevant. It becomes clear that, although it has some problems and limitations, the gravity model is still a widely used and compelling tool, especially in the trade flow area.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 09 Mar 2023 15:45
Last Modified: 09 Mar 2023 15:45
URI: http://real.mtak.hu/id/eprint/161910

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