@misc{10481/31562, year = {2010}, url = {http://hdl.handle.net/10481/31562}, abstract = {The gravity equation has been traditionally used to predict trade flows across countries. However, several problems related with its empirical application still remain unsolved. In this paper, I provide a survey of the recent literature concerning the specification and estimation methods of this equation. In addition, I compare the performance of two widely extended estimators, panel OLS and Poisson Pseudo Maximum Likelihood (PPML), for a dataset covering 80% of world trade.}, publisher = {Universidad de Granada. Departamento de Teoría e Historia Económica}, keywords = {International trade}, keywords = {Gravity model}, keywords = {Estimation methods}, title = {Comparing alternative methods to estimate gravity models of bilateral trade}, author = {Gómez-Herrera, Estrella}, }