Institutions, Infrastructure, And Trade:
The authors examine the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. They are interested in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. The author...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2007
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| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | The authors examine the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. They are interested in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. The authors depart from the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. They also depart from this literature by mixing principal components (to condense the institutional and infrastructure measures) with a focus on deviations in the resulting indexes from expected values for given income cohorts to control for multicollinearity. The authors work with a panel of 284,049 bilateral trade flows from 1988 to 2002. Matching bilateral trade and tariff data and controlling for tariff preferences, level of development, and standard distance measures, they find that infrastructure and institutional quality are significant determinants not only of export levels, but also of the likelihood exports will take place at all. Their results support the notion that export performance, and the propensity to take part in the trading system at all, depends on institutional quality and access to well-developed transport and communications infrastructure. Indeed, this dependence is far more important, empirically, than variations in tariffs in explaining sample variations in North-South trade |
| Beschreibung: | 1 Online-Ressource (38 Seiten)) |
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| 520 | 3 | |a The authors examine the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. They are interested in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. The authors depart from the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. They also depart from this literature by mixing principal components (to condense the institutional and infrastructure measures) with a focus on deviations in the resulting indexes from expected values for given income cohorts to control for multicollinearity. The authors work with a panel of 284,049 bilateral trade flows from 1988 to 2002. Matching bilateral trade and tariff data and controlling for tariff preferences, level of development, and standard distance measures, they find that infrastructure and institutional quality are significant determinants not only of export levels, but also of the likelihood exports will take place at all. Their results support the notion that export performance, and the propensity to take part in the trading system at all, depends on institutional quality and access to well-developed transport and communications infrastructure. Indeed, this dependence is far more important, empirically, than variations in tariffs in explaining sample variations in North-South trade | |
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Datensatz im Suchindex
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| index_date | 2024-07-03T22:27:46Z |
| indexdate | 2024-07-10T09:54:30Z |
| institution | BVB |
| language | English |
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| spelling | Francois, Joseph Verfasser aut Institutions, Infrastructure, And Trade Francois, Joseph Washington, D.C The World Bank 2007 1 Online-Ressource (38 Seiten)) txt rdacontent c rdamedia cr rdacarrier The authors examine the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. They are interested in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. The authors depart from the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. They also depart from this literature by mixing principal components (to condense the institutional and infrastructure measures) with a focus on deviations in the resulting indexes from expected values for given income cohorts to control for multicollinearity. The authors work with a panel of 284,049 bilateral trade flows from 1988 to 2002. Matching bilateral trade and tariff data and controlling for tariff preferences, level of development, and standard distance measures, they find that infrastructure and institutional quality are significant determinants not only of export levels, but also of the likelihood exports will take place at all. Their results support the notion that export performance, and the propensity to take part in the trading system at all, depends on institutional quality and access to well-developed transport and communications infrastructure. Indeed, this dependence is far more important, empirically, than variations in tariffs in explaining sample variations in North-South trade Online-Ausg Air Air Transport Common Carriers Industry Driving Economic Theory and Research Emerging Markets Free Trade Freight Industry Infrastructure International Economics & Trade Law and Development Macroeconomics and Economic Growth Policies Private Sector Development Property Rights Public Sector Development Roads Tax Taxes Trade Law Trade Policy Training Trains Transp Transparency Transport Transport Economics, Policy and Planning Transport and Trade Logistics Francois, Joseph Sonstige oth Manchin, Miriam Sonstige oth Francois, Joseph Institutions, Infrastructure, And Trade http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4152 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Francois, Joseph Institutions, Infrastructure, And Trade Air Air Transport Common Carriers Industry Driving Economic Theory and Research Emerging Markets Free Trade Freight Industry Infrastructure International Economics & Trade Law and Development Macroeconomics and Economic Growth Policies Private Sector Development Property Rights Public Sector Development Roads Tax Taxes Trade Law Trade Policy Training Trains Transp Transparency Transport Transport Economics, Policy and Planning Transport and Trade Logistics |
| title | Institutions, Infrastructure, And Trade |
| title_auth | Institutions, Infrastructure, And Trade |
| title_exact_search | Institutions, Infrastructure, And Trade |
| title_exact_search_txtP | Institutions, Infrastructure, And Trade |
| title_full | Institutions, Infrastructure, And Trade Francois, Joseph |
| title_fullStr | Institutions, Infrastructure, And Trade Francois, Joseph |
| title_full_unstemmed | Institutions, Infrastructure, And Trade Francois, Joseph |
| title_short | Institutions, Infrastructure, And Trade |
| title_sort | institutions infrastructure and trade |
| topic | Air Air Transport Common Carriers Industry Driving Economic Theory and Research Emerging Markets Free Trade Freight Industry Infrastructure International Economics & Trade Law and Development Macroeconomics and Economic Growth Policies Private Sector Development Property Rights Public Sector Development Roads Tax Taxes Trade Law Trade Policy Training Trains Transp Transparency Transport Transport Economics, Policy and Planning Transport and Trade Logistics |
| topic_facet | Air Air Transport Common Carriers Industry Driving Economic Theory and Research Emerging Markets Free Trade Freight Industry Infrastructure International Economics & Trade Law and Development Macroeconomics and Economic Growth Policies Private Sector Development Property Rights Public Sector Development Roads Tax Taxes Trade Law Trade Policy Training Trains Transp Transparency Transport Transport Economics, Policy and Planning Transport and Trade Logistics |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4152 |
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