Gravity, distance, and traffic flows in Mexico
This paper presents an econometric analysis that compares the performance of different measures of distance in a gravity model using state data for Mexico. The estimation shows that at this geographic scale, the definition of distance does not affect the explanatory power of the model significantly. However, time-based definitions of distance have a marginal improvement on the model fit in comparison to length-based measures. When geographic specific fixed effects are unknown, the model shows...Expand abstract
- Publication status:
- Peer review status:
- Peer reviewed
- Publisher copy:
- Copyright holder:
- Elsevier Ltd.
- Copyright date:
- © 2014 Elsevier Ltd. All rights reserved.
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