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The Log of Gravity at 15

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We review the contribution of “The Log of Gravity” (Santos Silva and Tenreyro, Rev Econ Stat 88:641–658, 2006), summarize the main results in the ensuing literature, and provide a brief review of the state-of-the-art in the estimation of gravity equations and other constant-elasticity models.

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Gravity equation Incidental parameters Jensen’s inequality Poisson regression Separation

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Citation

Silva, J. M. C. Santos e Silvana Tenreyro (2022). "The Log of Gravity at 15". Portuguese Economic Journal, 21(3):423-437

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