Front Matter Page
Asia and Pacific, Research, and Policy Development and Review Departments
Contents
I. Introduction
II. The Missing Globalization Puzzle
III. Equation Specifications
IV. Estimation Results
A. Cross-Section Estimates
B. Robustness
C. The Distance Coefficients
D. Nonlinear versus Log-Linear Specifications
E. Panel Estimates
V. Conclusion
Appendix
Data Sources and Definitions
References
Tables
1. Data Summary Statistics
2. Cross-Section Gravity Model Estimates
3. Nonlinear Cross-Section Gravity Model Estimates: Robustness to Alternative Measures of Trade and Economic Size
4. Nonlinear Panel Gravity Model Estimates
Figures
1. Annual Estimated Coefficients from the Nonlinear Models
2. Estimated Distance Coefficients and the Price of Oil