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institutional quality foster financial development in developing economies while economic growth and trade openness are key …
Persistent link: https://www.econbiz.de/10013009668
Persistent link: https://www.econbiz.de/10012588419
This study attempts to fill the prior knowledge gap in the nexus between trade openness and economic growth in Nigeria … indicators of trade openness including total trade, import trade, and export trade. Cointegration among the variables is examined … estimates suggest that export trade has a significant positive impact on economic growth while the impact of import trade on …
Persistent link: https://www.econbiz.de/10013183741
Persistent link: https://www.econbiz.de/10010212354
the institutional environment on international trade. Additionally, we address the heterogeneous effect of trade … institutional quality of trade agreements leads to an increase in both the intensive and the extensive margins of trade. The … institutional quality of trade agreements exerts a differential effect on regional exports at different locations within a country …
Persistent link: https://www.econbiz.de/10011614253
The impact of opening to trade on economic institutions is likely to be multifaceted and depend crucially on country … why international trade opening has the potential to transform institutions. What is needed to effect institutional change … distribution of political power as the determinant of how institutions react to trade opening. If "rent seekers" are in power when …
Persistent link: https://www.econbiz.de/10012248248
Persistent link: https://www.econbiz.de/10011685508
Many scholars are concerned with why the U.S. and Canada have been so much more successful over time than other New World economies. Since all New World societies enjoyed high levels of product per capita early in their histories, the divergence in paths can be traced back to the achievement of...
Persistent link: https://www.econbiz.de/10012473960
Persistent link: https://www.econbiz.de/10011804175
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 … offers robust evidence that stronger institutions promote trade. A counterfactual analysis reveals that the changes in …
Persistent link: https://www.econbiz.de/10011800710