The Structural Gravity Model and Its Implications on Global Forest Product Trade
The gravity model of trade is one of the most common approaches in modern econometrics. In its basic form, the model assumes that income and distance between two partners most likely play a major role in the occurrence of trade. Despite the long history of the gravity model and its high, universal e...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-02-01
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Series: | Forests |
Subjects: | |
Online Access: | https://www.mdpi.com/1999-4907/11/2/178 |