Comparing the fit of the gravity model for different cross-border flows
Wei-Kang Wong ()
Economics Letters, 2008, vol. 99, issue 3, 474-477
This paper investigates how well the gravity model explains various cross-border flows that may lead to knowledge spillovers. It turns out that the model works well for trade and telephone traffic, but less satisfactorily for merger and acquisition flows.
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:99:y:2008:i:3:p:474-477
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