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Does distance matter for the volatility of international real and financial transactions? We show that it does, in … a broad range of real and financial transactions measures, as well as several different metrics of distance (physical … between countries that are more distant along the various metrics, and find that the different distance measures magnify each …
Persistent link: https://www.econbiz.de/10011988553
Does distance matter for the volatility of international real and financial transactions? We show that it does, in … a broad range of real and financial transactions measures, as well as several different metrics of distance (physical … between countries that are more distant along the various metrics, and find that the different distance measures magnify each …
Persistent link: https://www.econbiz.de/10012004150
Does distance matter for the volatility of international real and financial transactions? We show that it does, in … a broad range of real and financial transactions measures, as well as several different metrics of distance (physical … between countries that are more distant along the various metrics, and find that the different distance measures magnify each …
Persistent link: https://www.econbiz.de/10011994537
To estimate correctly the effect of variable trade costs on firms’ exports, the gravity equation should control for the number of firms that participate in foreign markets. Due to the absence of these data, previous studies control for this omitted variable using econometric strategies that...
Persistent link: https://www.econbiz.de/10009766156
that adoption of broadband internet makes trade patterns more sensitive to distance and economic size. Going from no … broadband availability to full coverage increases the magnitude of the elasticity of trade with respect to distance by 0.12, and … the elasticity of trade with respect to destination size by 0.06. For distance, this means that an increase in internet …
Persistent link: https://www.econbiz.de/10011797041
and between U.S. states. After controlling for distance and country size, we find that relative to state-to-state trade …
Persistent link: https://www.econbiz.de/10003902081
find that the speed depends on distance, political borders, and on the political importance of a city. Furthermore …
Persistent link: https://www.econbiz.de/10009242313
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern …
Persistent link: https://www.econbiz.de/10010371905
We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the...
Persistent link: https://www.econbiz.de/10011506440
This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their relationship, at the sectoral level in a group of EU countries. Our main objective is to test at the sectoral level the conclusions of previous aggregate analyses which find that an...
Persistent link: https://www.econbiz.de/10009682333