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stylized reputation game is used to explain how village-level corruption (subsidy underpayment), along with uncertainty …
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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 …
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Industrial policy has attracted considerable controversy in the development context. This paper makes a case for a pragmatic and limited approach to interventions as a means of stimulating industrialization in the context of current and future challenges facing newly industrializing economies....
Persistent link: https://www.econbiz.de/10009366432
ofthe world. The issues considered include changing patterns in trade, capital flows,and commodity prices. Both positive …
Persistent link: https://www.econbiz.de/10008670281
The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the concept and instruments of industrial policy,...
Persistent link: https://www.econbiz.de/10008671386
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … over 30 years (1980 to 2010). As there is no clear theoretical relationship between trade (exports) and inequality, and as …
Persistent link: https://www.econbiz.de/10011165764