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I show how abundant land and scarce labor shaped African institutions before colonial rule. I present a model in which … the model, the existence of land rights, slavery, and polygyny occurred in those parts of Africa that were the most … suitable for agriculture, and in which population density was greatest. Next, I use the model to explain institutions among the …
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This paper studies the intangible costs of international trade by extending the basic gravity equation with measures of cultural and institutional distance, and institutional quality. Analyzing a sample of bilateral trade flows between 92 countries in 1999, we find that institutional distance...
Persistent link: https://www.econbiz.de/10011346486
Ineffective institutions increase transaction costs and reduce trade. This paper shows that differences in the … effectiveness of institutions offer an explanation for the tendency of OECD countries to trade disproportionately with each other …
Persistent link: https://www.econbiz.de/10011334343
institutional quality from developed to developing countries. First, a PTA may affect institutions because it can serve as a network … for political exchange and second, the regulations and commitments stipulated in it may affect local institutions in the … South. I empirically investigate if there are positive effects of being a member in a PTA on the quality of institutions in …
Persistent link: https://www.econbiz.de/10011956930
The literature that addresses the role of institutions in bilateral trade is extensive. However, research that link … measure how institutions affect the trade performance of the top 26 coconut producing countries to the top 15 importing …
Persistent link: https://www.econbiz.de/10011922124