《BILATERALTRADEFLOWS》.pdf

Bilateral Trade Flows, The Gravity Equation, and Functional Form Author(s): Marcos Sanso, Rogelio Cuairan, Fernando Sanz Source: The Review of Economics and Statistics, Vol. 75, No. 2 (May, 1993), pp. 266-275 Published by: The MIT Press Stable URL: /stable/2109432 Accessed: 24/08/2010 04:35 Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at /page/info/about/policies/terms.jsp. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at /action/showPublisher?publisherCode=mitpress. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@. The MIT Press is collaborating with JSTOR to digitize, preserve and extend access to The Review of Economics and Statistics. BILATERAL TRADE FLOWS, THE GRAVITY EQUATION, AND FUNCTIONAL FORM MarcosSanso,Rogelio Cuairan,andFernandoSanz* Abstract-The gravityequationhas been frequentlyand suc- victionthat the loglinearformis the correctspec- cessfullyused for nearlythirtyyearsto furtherunderstanding ificationfor it. of the determinantsof bilateraltrade flows acrosscountries