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This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. The paper exploits a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 87...
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The "distance effect" measuring the elasticity of trade flows to distance has been rising since the early 1970s in a … host of studies based on the gravity model, leading observers to call it the "distance puzzle" . This paper reviews the … estimate that low-income countries exhibit a significant rising distance effect on their trade, around 18 percent between 1970 …
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