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General form of the gravity model that economists typically estimate is given by: upper t subscript ij baseline equals upper a times startfraction upper y subscript i superscript a baseline times upper y subscript j superscript b over upper d subscript ij superscript c endfraction . empirical studies have found that the values of the exponents: 'a', 'b', and 'c' are very close to
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General form of the gravity model that economists typically estimate is given by: upper t subscript...
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