Trade and harmonization: if your institutions are good, does it matter if they are different ?
"Good institutional quality (function) and similar institutional design (form) can promote international trade by reducing transactions costs. The authors evaluate the relative importance of function versus form in a gravity model, using an indicator of different legal systems as a proxy for di...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C]
World Bank
2006
|
| Series: | Policy research working paper
3907 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "Good institutional quality (function) and similar institutional design (form) can promote international trade by reducing transactions costs. The authors evaluate the relative importance of function versus form in a gravity model, using an indicator of different legal systems as a proxy for differences in form, together with indicators of overall institutional quality. They find that good institutions promote trade much more than similar legal systems and have much more explanatory power. This effect is economically large-up to 10 times the effect of different legal systems. Moreover, better infrastructure matters as much as good institutions. "--World Bank web site |
| Item Description: | Includes bibliographical references. - Title from PDF file as viewed on 5/8/2006 Erscheinungsjahr in Vorlageform:[2006] Weitere Ausgabe: Reshef, Ariell : Trade and harmonization |
| Physical Description: | 1 Online-Ressource (64 Seiten) |
Staff View
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| spellingShingle | Reshef, Ariell Trade and harmonization if your institutions are good, does it matter if they are different ? |
| title | Trade and harmonization if your institutions are good, does it matter if they are different ? |
| title_auth | Trade and harmonization if your institutions are good, does it matter if they are different ? |
| title_exact_search | Trade and harmonization if your institutions are good, does it matter if they are different ? |
| title_full | Trade and harmonization if your institutions are good, does it matter if they are different ? Ariell Reshef, Roumeen Islam, Research working paper Collection Title:Policy |
| title_fullStr | Trade and harmonization if your institutions are good, does it matter if they are different ? Ariell Reshef, Roumeen Islam, Research working paper Collection Title:Policy |
| title_full_unstemmed | Trade and harmonization if your institutions are good, does it matter if they are different ? Ariell Reshef, Roumeen Islam, Research working paper Collection Title:Policy |
| title_short | Trade and harmonization |
| title_sort | trade and harmonization if your institutions are good does it matter if they are different |
| title_sub | if your institutions are good, does it matter if they are different ? |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3907 |
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