capture patterns in returns on regional and global portfolios of stocks; (ii) size-effect models substantially outperform …

), pages 855-873.<P> This paper studies the impact of physical distance and different relational proximity types on the … physical distance survives in virtual geography even after controlling for relational proximities. In order to do so, a unique … infrastructure from a spatial network perspective. Our results indicate that physical distance, but also different relational …

We empirically examine the heterogeneity in the effects of multiple dimensions of distance on trade across detailed … categories into an, a priori unknown, number of segments based on estimated coefficients of multiple dimensions of distance in … the gravity equation. We find that institutional distance, whether countries belong to the same trade block and especially …