This paper models the effect of the indicators of the domestic business environment on services trade in a sample of low, middle and high-income OECD countries. The findings reveal that the time required to enforce a contract is strongly negatively correlated with the growth in services exports...

Countries pass through different stages of structural transformation. In the early stage of development, economic activity is dominated by agriculture and mining. As a country develops, firms adopt new technology and move toward industrialization and faster economic growth. Eventually, the...

This paper examines the monitoring of illegal trade, and restrictions on the legal trade, of secondhand goods. We assume that the home (foreign) country exports (imports) secondhand goods both legally and illegally. We demonstrate that when the trade restriction is nonbinding, and part of the...