A generalized design for bilateral trade flow models

The pro-trade effect of the brain drain: Sorting out confounding factors

“…2 We focus on a balanced panel of low-income Southern sending countries and high-income Northern receiving countries. 3 Our sample covers more than 92 percent of total South-North migration.…”

“…Odd numbered columns present the most parsimonious model; even numbered columns include covariates related to cultural 2 The dependent variable is the geometric average of trade flows between the two countries; see Baldwin and Taglioni (2006). 3 A country with per capita GDP above the 80th quantile is classified North and South else. This strategy yields the same classification for 1990 and 2000, except for Greece.…”

Can Gravity Model Explain BIMSTEC's Trade?

“…Drawing on econometric specification of Egger (2000Egger ( , 2002, Baltagi et al (2003), and Serlenga and Shin (2007), we specify the following augmented gravity model to estimate bilateral trade for BIMSTEC countries: where VFC denotes the value of flow of commodities from local (i) to destination (j) countries; and TGDP is the sum of their GDP with the expected sign of α 1 >0. RFE indicates relative factor endowment, and SIM stands for similarity index.…”

“…The econometric specification followed Egger (2000, 2002), Baltagi et al (2003) and Serlenga and Shin (2007). Diagnostic checks imply the presence of serial correlation, heteroscedasticity and contemporaneous correlation in both import and export panels, which are allowed for in the PraisWinsten regression with panel-specific AR(1).…”

El efecto de China en el comercio internacional de América Latina

“…Así, mientras que en Lederman et al (2009) Siguiendo a Baltagi et al (2003), con el fin de obtener estimadores confiables debería controlarse por la mayor heterogeneidad posible, ya que los datos de comercio bilateral varían en el tiempo y sobre exportadores e importadores. Es por esta razón que se incluyen interacciones entre grupos de países.…”