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...

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Bibliographic Details
Main Authors: Juan Felipe Mejia, Andrés Ramírez Hassan
Format: Article
Language:Portuguese
Published: Universidade de São Paulo 2017-04-01
Series:Economia Aplicada
Subjects:
Online Access:http://www.revistas.usp.br/ecoa/article/view/135138