Showing 1 - 10 of 3,686
There are many stories of democracy but little consensus over which variables robustly determine its emergence and … million regressions. The most robust determinants of the transition to democracy are GDP growth (a negative effect), past … countries are less likely to see democracy emerge, although the latter finding is driven entirely by oil producing Muslim …
Persistent link: https://www.econbiz.de/10014208614
One of the key goals of political economy is to understand how institutional arrangements shape policy outcomes. This paper studies a comparatively neglected aspect of this - the forces that shape heterogeneous performance of autocracies. The paper develops a simple theoretical model of...
Persistent link: https://www.econbiz.de/10014218461
As a democracy develops and matures, the number of interest groups attempting to voice their interests with respect to … trade policies tends to increase, and sometimes governments collide with them in the process of enacting restraints. This … paper aims to investigate empirically the role of interest groups in Korea's trade policy, utilizing the Grossman and …
Persistent link: https://www.econbiz.de/10013048238
This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two … by studying the endogenous interaction between the form of government and trade policy. The paper's second contribution … is to show how a dictatorship can manipulate trade policy to maintain its grip on power in the face of permanent world …
Persistent link: https://www.econbiz.de/10012945109
to democracy and vice versa (consistent with the recent theoretical work by Acemoglu and Robinson) but, unlike older … significant policy implications - it increases the volatility of both trade and fiscal policies. Furthermore, policy volatility …
Persistent link: https://www.econbiz.de/10014064089
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and …
Persistent link: https://www.econbiz.de/10014335080
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012269824
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012287974
question, providing detailed coverage on three key design features of the GATT/WTO: reciprocity, nondiscrimination as embodied … GATT/WTO and we argue that an economic perspective can go a long way toward revealing a consistent logic to the inclusion …What does economics have to say about the design of international trade agreements? We review a literature on this …
Persistent link: https://www.econbiz.de/10014023454
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and …
Persistent link: https://www.econbiz.de/10013162399