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This paper uses a Ricardian model to generate predictions about the influence of institutions on trade in differentiated (complex) and commoditized (simple) products and then uses a rich international trade data set for empirical tests. The model draws the distinction between the role of...
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Die Welt erfährt auch zu Beginn des 21. Jahrhunderts keine Wende in der lang anhaltenden divergenten Entwicklung … Polarität in der Entwicklung der Weltwirtschaft dokumentiert, dass die von den herrschenden neoklassischen Entwicklungs- und …. Ist dies darauf zurückzuführen, dass die herrschende Theorie defekt ist und die Wirtschaftswirklichkeit nicht zutreffend …
Persistent link: https://www.econbiz.de/10002200470
We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10012920756
We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10011800710
Persistent link: https://www.econbiz.de/10011804175
Persistent link: https://www.econbiz.de/10008991968
Persistent link: https://www.econbiz.de/10009769270
The spectacular economic development of South Korea in recent decades has continuously intrigued economists, academic community and general public. Whether such a development model be applied to other, less developed countries is one of the topics often explored in a number of studies and...
Persistent link: https://www.econbiz.de/10012888063
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