What is the Gravity Model of Trade?
Explaining a trade model based on country location and size
Published in
3 min readMay 1, 2021
The gravity model, initially made popular by the cartographer E.G. Ravenstein in 1889, was originated to study the impact of country size and location on migration patterns.
In 1954, economists Walter Isard and Merton Peck expanded the gravity model to examine the impact of…
