Essays in Applied Econometrics
Journal: Digital Repository (National Repository of Grey Literature)
Year: 2023

These three chapters contain three applications of econometric techniques on empirical data describing the behavior of networks of actors. Chapter 1 shows that much of the commonly reported decline in international trade associated with increasing distance between countries is attributable to cultural (in-)compatibility among trading partners. The estimates show that cultural closeness is nearly as important for trade as is geographical proximity. Chapter 2 investigates the imposition of sanctio