Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present paper is to quantify the importance of infrastructure...

Along with the increasing pace of globalization, recent decades faced a dramatically increase in international migrant flows as well. Compared to the flows of trade, capital and knowledge, we observe that contemporaneous complex institutional differences, historical backgrounds, and individuals'...