The gravity equation is applied to the East Asia economies' trade flows. A new variable is added, the technological distance, and regional dummies are used. The results support the enlarged gravity equation.
The determinants of East Asian trade flows: a gravity equation approach
FILIPPINI, CARLO;
2003
Abstract
The gravity equation is applied to the East Asia economies' trade flows. A new variable is added, the technological distance, and regional dummies are used. The results support the enlarged gravity equation.
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