Series: IMF Working Papers
Author(s): Alberto Behar , and Benjamin D. Nelson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 December 2012
Keywords: Gravity models, multilateral resistance, firm heterogeneity, trade costs, trade flows, changes in trade, bilateral trade, exporter, and Firm Heterogeneity, firm heterogeneity.
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of export...