Munasib, Abdul; Roy, Devesh - Agricultural and Applied Economics Association - AAEA - 2013
(multilateral resistance) in empirical trade models; in reduced form gravity models, the effect of regulation cannot be identified … as it varies at the level of importing country over time. This happens because correct accounting for multilateral … resistance mandates exporter x time and importer x time fixed effects. However, the effect of BTC can still be identified because …