Corruption and trade regulations: an instrumental variable approach
We find that tariff rates decreased less rapidly in more corrupt countries in instrumental variables (IV) estimation, using mortality rates of European settlers at the time of colonization as IV. Our finding implies that tariff rates are endogenous to corruption.
Year of publication: |
2007
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Authors: | Lee, Young ; Azfar, Omar |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 15.2007, 3, p. 231-234
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Publisher: |
Taylor & Francis Journals |
Saved in:
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