Bilateral relatedness: knowledge diffusion and the evolution of bilateral trade

Abstract During the last two decades, two important contributions have reshaped our understanding of international trade. First, countries trade more with those with whom they share history, language, and culture, suggesting that trade is limited by information frictions. Second, coun...

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Bibliographic Details
Main Authors: Jun, Bogang, Alshamsi, Aamena, Gao, Jian, Hidalgo, César A
Other Authors: Massachusetts Institute of Technology. Media Laboratory
Format: Article
Language:English
Published: Springer Berlin Heidelberg 2021
Online Access:https://hdl.handle.net/1721.1/131439