Journal
ECONOMICS LETTERS
Volume 134, Issue -, Pages 144-147Publisher
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2015.06.023
Keywords
Preferential economic integration agreements; Standard errors; Confidence interval; Gravity; GLM
Categories
Ask authors/readers for more resources
This paper analyzes the consequences of ignoring the multi-indexed structure with cross-sectional and panel-data gravity models of bilateral trade for inference. We estimate log-linear and generalized-linear gravity equations of bilateral trade. Ignoring multi-way clustering in the data at hand leads to misleading inference regarding the relevance of preferential trade-agreement memberships of different kinds. (C) 2015 Elsevier B.V. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available