Gravity for Undergrads   |   Theory, Data, Estimation & Applications

In response to inquiries by fellow professors, based on feedback from undergraduate students who have been exposed to the gravity model of trade, and consistent with my own teaching and consulting experience, I firmly believe that gravity can and should be taught to undergrads. This is why I wrote the "Gravity for Undergrads" Chapter.

The Chapter starts with an introduction of the gravity model of trade and a description of the properties that have made the gravity equation so popular and successful. Then, it provides an intuitive theoretical foundation for the gravity equation and translates it into an econometric model. The chapter concludes with hands-on analysis with real data and simple codes and a series of real-world policy applications.

The chapter combines my two greatest professional passions -- my love for teaching and my dedication to the gravity model of trade. As such, I consider it one of my most valuable contributions and I hope that it is useful to many undergraduate students and to others who may benefit from an introduction to the gravity model. Enjoy!

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