Isphording, Ingo E.; Otten, Sebastian - Rheinisch-Westfälisches Institut für … - 2012
Linguistic distance, i.e. the dissimilarity between languages, is an important factor influencing international … increasing transaction costs. To measure these costs, we suggest to use a new measure of linguistic distance. The Levenshtein … distance is an easily computed and transparent approach of including linguistic distance into econometric applications. We show …