which the coefficient of distance is allowed to change over time. In a standard specification, in which transport costs are … proxied only, it is found paradoxically that the absolute value of the elasticity of bilateral trade to distance has been … significantly increasing. The result is attributed to a relatively larger decline in costs independent of distance (such as handling …

shows that borders and distance impede trade by much more than tariffs or transports costs can explain. We therefore … inadequate information manifest themselves most strongly at national borders and over distance. …

. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …

distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …

It is generally assumed that distance in the gravity model strictly reflects frictions impeding bilateral trade … trade. This paper investigates the hypothesis that if we control for distance in the ordinary sense, differences North … influence of distance that has been occurring since World War II. This last hypothesis receives confirmation as well. Finally …

We investigate a novel dynamic choice problem in an experiment where emotions are measured through self-reports. The … of emotions, using the emotion data from the experiment and recent psychological findings. We also find that people …