Hello to all of you.

I have been working in a gravity model with 133 countries from 2005 to 2018 (Observations: 246.727).

The result test in 2 of 3 specifications are 0.000. One of the results is 0.36.

My question is: ¿This result may be acceptable taking into account the amount of observations? or ¿even with this big panel the specification should be improved de the reset result?

Hope you can help me.

Kind regards.

Carlos.