Somatic distance, or differences in physical appearance, proves to be extremely important in the gravity model of bilateral trade in conformity with results in other areas of economics and outside of it in the social sciences. This is also true quite independently of survey evidence about...

We investigate how the state's intervention in the investment decisions of Chinese local SOEs is affected by corporate control distance in the form of pyramidal layers and the geographical distance between the SOEs and their government controllers. Although both the corporate control distance...

This paper investigates the impacts of distance to school and other factors on residential housing prices in Oshkosh, Wisconsin, US. To better address the effect of potential outlier problems, we employ quantile regression techniques. Our estimation results show that distance to all three school...

Using a sample of U.S. listed firms in the period from 1994 to 2011, we examine how the geographic dispersion of a firm affects the earnings management's choice between accrual based management and real activities management. We show that geographically dispersed firms have lower accrual based...

We exploit the domestic portfolios of US mutual funds to provide microeconomic evidence that investors are more likely to liquidate geographically remote investments at times of high aggregate market volatility. This has important implications for asset prices. The valuations of stocks with ex...