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This paper studies the intangible costs of international trade by extending the basic gravity equation with measures of … cultural and institutional distance, and institutional quality. Analyzing a sample of bilateral trade flows between 92 … countries in 1999, we find that institutional distance has a negative effect on bilateral trade, presumably because the …
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of the presence of significant gravity effects of culture. The paper seeks to highlight three new research issues: (i …This paper introduces cultural gravity as a new concept for analyzing socio-economic disparities among immigrants. It … tests the existence of cultural gravity effects on the geographic concentration and human capital productivity of immigrants …
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