Hirte, Georg; Lessmann, Christian - 2013 - This version: February 20, 2013
most studies focus on single countries and only some use a small panel of countries, we use the two largest databases … measures are instrumented based on constructed trade shares and trade costs fitted from a gravity panel model of bilateral … in comparison to the Gennaioli et al. data. This raises our confidence that using the Lessmann data in a panel approach …