Market integration is often associated with economic growth spillovers, to the extent that strengthened trade linkages … data approach to analyze the extent to which Africa and its major regional groupings have been able to generate shared … and a large rate of return to physical capital. The results also suggest that space has more to do with bilateral trade …

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 …