Proposing a new measure of distance in the gravity setting: evidence from Latin America
The gravity model is a workhorse tool that has been widely used in international trade. However, one empirical question that frequently arises is related to the conceptualization and measurement of an economic distance index. Our study proposes an index based on Multiple Factor Analysis. This techni...
Main Authors: | , |
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Format: | Article |
Language: | Portuguese |
Published: |
Universidade de São Paulo
2017-04-01
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Series: | Economia Aplicada |
Subjects: | |
Online Access: | http://www.revistas.usp.br/ecoa/article/view/135138 |