This short note tries to argue that distance is not necessarily harmful for trade. It is shown that there may be an … increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a … positive effect of distance on the volume of trade. It is also shown that exploitation of time zone difference raises welfare …

bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity … actions reduce the volume of trade; a doubling in the number of terrorist incidents is associated with a decrease in bilateral … trade by about 4 percent. …

This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …

itself) to a sizable and statistically significant increase in trade between the member countries of EMU. In this paper, we … put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … strong evidence of a gradual increase in trade intensity between European countries. Once we control for this trend in trade …

This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …

itself) to a sizable and statistically significant increase in trade between the member countries of EMU. In this paper, we … put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … strong evidence of a gradual increase in trade intensity between European countries. Once we control for this trend in trade …

This paper argues that distance is not necessarily harmful to trade. It is shown that there may be an increase in the … production and volume of trade if time zones of the trading nations are non-overlapping. This implies a positive effect of … distance on the volume of trade in general and virtual trade in particular. It is also shown that exploitation of time zone …