Economics Dictionary of ArgumentsHome
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| Gravity Model (Economics) - Economics Dictionary of Arguments | |||
| Gravity Model: The Gravity Model in economics predicts that trade between two countries is directly proportional to their economic sizes (e.g., GDPs) and inversely proportional to the distance between them. Essentially, larger economies trade more, and trade decreases as the distance (and associated trade costs) increases. It's a highly empirically successful model in international economics. See als International trade, Gross domestic Product, Trade, Cost._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Feenstra, Robert C. | Gravity Model (Economics) | Feenstra, Robert C. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-06-09 | |||
