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Record W1507506531 · doi:10.1111/jmcb.12233

Distance, Language, Religion, and the Law of One Price: Evidence from Canada and Nigeria

2015· article· en· W1507506531 on OpenAlexaffabout
David Fielding, Christopher Hajzler, James MacGee

Bibliographic record

VenueJournal of money credit and banking · 2015
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicGlobal trade and economics
Canadian institutionsWestern UniversityBank of Canada
Fundersnot available
KeywordsPopulationEconomicsLaw of one priceEconometricsLawGeographyDemographic economicsSociologyDemographyPolitical sciencePrice levelMacroeconomics

Abstract

fetched live from OpenAlex

We examine the impact of physical distance, language, and religion on Law of One Price (LOP) deviations across interwar Canadian and modern Nigerian cities. The data comprise monthly average retail prices for narrowly defined goods collected by national statistical agencies. We find that differences in the fraction of the city population sharing a common language and religion have a significant impact on LOP deviations. The impact of language differences is consistent with a recently developed theory in which both trade costs and differences in signal–noise ratios contribute to LOP deviations.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.006
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.017
Threshold uncertainty score0.075

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.006
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.006
Science and technology studies0.0040.003
Scholarly communication0.0020.001
Open science0.0010.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.038
GPT teacher head0.211
Teacher spread0.173 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations10
Published2015
Admission routes2
Has abstractyes

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