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The Gravity Model

James Anderson ()

Annual Review of Economics, 2011, vol. 3, issue 1, 133-160

Abstract: Gravity has long been one of the most successful empirical models in economics. Incorporating deeper theoretical foundations of gravity into recent practice has led to a richer and more accurate estimation and interpretation of the spatial relations described by gravity. Wider acceptance has followed. Recent developments are reviewed here, and suggestions are made for promising future research.

Keywords: incidence; multilateral resistance; trade costs; migration (search for similar items in EconPapers)
JEL-codes: F10 F22 J61 R40 (search for similar items in EconPapers)
Date: 2011
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Handle: RePEc:anr:reveco:v:3:y:2011:p:133-160