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This chapter discusses the political economy of trade policy. In principle, a political-economy model of trade policy … choice among alternative trade policy instruments and elaborates the consequences of viewing trade policy from political-economy …
Persistent link: https://www.econbiz.de/10014025036
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for...
Persistent link: https://www.econbiz.de/10014401492