In this paper we examine the empirical relationship between economic openness and nationalism. We replicate and extend the cross-country analysis of Lan and Li (2015) using additional measures of nationalism and additional years of data from the World Values Survey. We fail to find the negative...

In existing literature, economic uncertainty may have positive, negative, or insignificant effect on crude oil prices. Based on our newly proposed two-stage tests and empirical analysis, we show that such disagreement is often caused by the conventional assumption on time-invariant market...

This article explores the impact of language proficiency on international trade by using panel data analysis. To do so, we construct a time-variant test-score-based measure of common language. Controlling for the standard gravity model variables, we find strong empirical evidence that English...