Vigani, Mauro; Raimondi, Valentina; Olper, Alessandro - LICOS Centre for Institutions and Economic Performance, … - 2010
This paper deals with the quantification of GMO regulations on bilateral trade flows. A composite index of the æ … developed. Using a gravity model, we show how bilateral 憇imilarity?in GMO regulations, affect trade flows for the composite … index and its components. Results show that bilateral distance in GMO regulations negatively affect trade flows, especially …