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Persistent link: https://www.econbiz.de/10011823532
We propose a novel way to measure the rule of law intensity of exports at the goods level based on nearly 100 million disaggregated bilateral trade flows around the globe. We categorise goods into three groups: fragmented, primary and other. The theoretical literature on holdup problems...
Persistent link: https://www.econbiz.de/10011516584
Recent literature has analyzed three channels through which size and patterns of a country's involvement in international trade may affect the quality of its institutions: openness, the institutional intensity of exports and the natural resources exports. Our contribution is threefold. First, we...
Persistent link: https://www.econbiz.de/10012911048
The paper extends the literature on the political economy of labor market institutions by developing a framework in which owners of capital can benefit from both greater labor market flexibility and better rule of law. Their choice of location of manufacturing centres can, therefore, by...
Persistent link: https://www.econbiz.de/10012543557
This article examines the power of labor market rigidities (LMR) to influence export flows of 113 countries from 1995 to 2013 for up to 5018 different goods. Since LMR can alter the productive use of factors in the production process, I expect that the interplay of a country's LMR and the...
Persistent link: https://www.econbiz.de/10012902078
National economies are linked through flows of capital and goods. This book addresses those linkages, analyzes their benefits for economic development, and evaluates a country’s opportunities to reap the best possible rewards by influencing the linkages. The book focuses on the role of product...
Persistent link: https://www.econbiz.de/10013256177
Persistent link: https://www.econbiz.de/10013282605