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Gravity for Dummies and Dummies for Gravity Equations

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NBER2006-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12516
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This paper provides a minimalist derivation of the gravity equation and uses it to identify three common errors in the literature, what we call the gold, silver and bronze medal errors. The paper provides estimates of the size of the biases taking the currency union trade effect as an example. We
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2006-09-01
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