Siroën, Jean-Marc; Granger, Clotilde; Duc, Cindy - Université Paris-Dauphine (Paris IX) - 2004
During the three past decades, most developing countries have opted for both a higher degree of political democracy as … well as increased trade openness. This trend raises the question of the effect of democracy on trade liberalization. To … model has led to a gravity equation so that the expected positive relation between democracy and trade can be tested …