Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints

The 'border effects' literature finds that political boundaries have a large impact on relative prices across locations. In this paper, we show that the standard empirical specification suffers from selection bias and propose a new methodology based on binned-quantile regressions. We use a...

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Bibliographic Details
Main Authors: Borraz, Fernando (Author), Zipitria, Leandro (Author), Cavallo, Alberto F. (Contributor), Rigobon, Roberto (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor), Sloan School of Management (Contributor)
Format: Article
Language:English
Published: John Wiley & Sons, 2016-10-20T18:35:56Z.
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