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the investment returns. A suitable method for panel data is the seemingly unrelated regressions …
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Barriers to international trade are known to be large but due to data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions from...
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Proper measurement and aggregation of trade costs is of paramount importance for sound academic and policy analysis of … significant new developments, both on the theoretical and on the empirical side, concerning the measurement and decomposition of …. The objectives and main contributions of this project are to offer guidance for proper measurement, aggregation, and …
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