last decade. It has been suggested that Brazil.s unexpected successes are the outcome of a new model of development. The …

increased international trade. This study tests two theories as to why democracies might trade more. First, political freedom … trade more. Second, democracy implies higher quality governance either through institutions or policy-making procedures. I … utilize a bilateral gravity trade model covering approximately 150 countries from 1950 to 1999, with fixed effects for time …

differential effects of the countries? exports and imports and by postulating trans-logarithmic models that allow for non …-linear effects of literacy levels and measures of openness. The main findings were that literacy rates affected growth rates in a … rates showed non-linear and differential effects of the export/GDP and import/GDP ratios. Third, the models indicated that …