INSTITUTIONS, GOVERNANCE AND INTERNATIONAL TRADE
Ineffective institutions and bad governance increase transaction costs and reduce international transport flows. In this paper, we empirically investigate this basic notion, and we show that it can account for several, so far, somewhat puzzling results in the empirical literature estimating gravity...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2005-01-01
|
| Series: | IATSS Research |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S0386111214601308 |