Are Bilateral Trade Balances Irrelevant? /

Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of unobservable bilateral trade costs. Second, the model f...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: MacDonald, Margaux
अन्य लेखक: Eugster, Johannes, Jaumotte, Florence, Piazza, Roberto
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2020.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2020/210
ऑनलाइन पहुंच:Full text available on IMF