Dutt, Pushan; Santacreu, Ana Maria; Traca, Daniel A. - 2021
In this paper, we establish the importance of experience in international trade in reducing unmeasured trade costs and … facilitating bilateral trade. We find a strong role for experience, measured in years of positive trade, for both aggregate and … sectoral bilateral trade. In an augmented gravity framework, with a very comprehensive set of fixed-effects and trend variables …