Santos Silva, Joao and Tenreyro, Silvana (2009) Trading partners and trading volumes: implementing the Helpman-Melitz-Rubinstein model empirically. CEP Discussion Papers, 935. Centre for Economic Performance, London School of Economics and Political Science, London, UK.
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Helpman, Melitz, and Rubinstein (2008)–HMR–present a rich theoretical model to study the determinants of bilateral trade flows across countries. The model is then empirically implemented through a two-stage estimation procedure. This note seeks to clarify some econometric aspects of the estimation approach used by HMR and explore the consequences of possible departures from the maintained distributional assumptions.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 2009 the authors|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Journal of Economic Literature Classification System:||F - International Economics > F1 - Trade > F10 - General
C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C13 - Estimation
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
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