A Spatial-Filtering Zero-Inflated Approach to the Estimation of the Gravity Model of Trade

A Spatial-Filtering Zero-Inflated Approach to the Estimation of the Gravity Model of Trade

Nonlinear estimation of the gravity model with Poisson-type regression methods has become popular for modelling international trade flows, because it permits a better accounting for zero flows and extreme values in the distribution tail. Nevertheless, as trade flows are not independent from each oth...

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Bibliographic Details
Main Authors: Rodolfo Metulini, Roberto Patuelli, Daniel A. Griffith
Format: Article
Language:English
Published: MDPI AG 2018-02-01
Series:Econometrics
Subjects:
bilateral trade
unconstrained gravity model
eigenvector spatial filtering
zero flows
backward stepwise
zero-inflation
Online Access:http://www.mdpi.com/2225-1146/6/1/9

Internet

http://www.mdpi.com/2225-1146/6/1/9

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