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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Abstract
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 |
| Rights: | http://www.lse.ac.uk/library/rights/LSERO.htm |
| Identification Number: | 935 |
| URL: | http://eprints.lse.ac.uk/25505/ |
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