Gravity for Undergrads

Yoto Yotov

No 202519, Working Papers from Center for Global Policy Analysis, LeBow College of Business, Drexel University

Abstract: The gravity equation is the "workhorse" model of international trade and the most popular tool for trade policy analysis. Yet, despite its solid theoretical foundations, remarkable empirical success, intuitive appeal, and ease of implementation, the gravity equation has not received proper introduction and well-deserved coverage that would enable and enhance research by undergraduate students and novices to the gravity literature. The objective of this chapter to introduce the gravity model of trade to the undergraduate student and to translate the theoretical gravity equation into an econometric model that can be used for a wide range of research projects and policy analysis.

Keywords: Gravity model; Methods; Teaching; Theory; Estimation (search for similar items in EconPapers)
JEL-codes: F10 F14 F16 (search for similar items in EconPapers)
Pages: 23
Date: 2025-04
New Economics Papers: this item is included in nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.lebow.drexel.edu/sites/default/files/2 ... avity-undergrads.pdf First version, 2025 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:drx:wpaper:202519

Access Statistics for this paper

More papers in Working Papers from Center for Global Policy Analysis, LeBow College of Business, Drexel University Contact information at EDIRC.
Bibliographic data for series maintained by Yoto V. Yotov ().