Dear Statalist,
I am trying to calculate a variable called "Mdistance" that was introduced in Baier et al. "Economic Determinants of FTAs Revisited" (2014)".
This is the equation of the variable.
MDistij = ln (1/N)× (ΣNk=1 Dtik + ΣNk=1 Dtjk)
Dt is a bilateral distance between country i and j.
The question is that I am very beginner and I don't know how to calculate this variable.
Could you kindly suggest what I should do?
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