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International trade can have profound effects on domestic institutions. We examine this proposition in the context of … institutions that facilitated long-distance trade e.g., the colleganza. However, starting in 1297, a small group of particularly …
Persistent link: https://www.econbiz.de/10010676267
ongoing relationship have little incentive to honor deals. Therefore, all economies have developed institutions to support … weakens the effectiveness of community enforcement. By relating the effectiveness of enforcement institutions to changes in …
Persistent link: https://www.econbiz.de/10011090830
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light on the dynamic relation between the two distinct trading systems: a formal system of markets and a issues in the infinitely repeated multi-player prisoner's dilemma...
Persistent link: https://www.econbiz.de/10010277495
-aggregated level. Our idea builds on the well documented interdependence between institutions and exports, which allows estimating the … that neglect regional differences in the effectiveness of institutions. …
Persistent link: https://www.econbiz.de/10012179778
-aggregated level. Our idea builds on the well documented interdependence between institutions and exports, which allows estimating the … that neglect regional differences in the effectiveness of institutions. …
Persistent link: https://www.econbiz.de/10012138865
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light on the dynamic relation between the two distinct trading systems: a formal system of markets and a decentralised system of networks. We investigate the issues in the infinitely...
Persistent link: https://www.econbiz.de/10010781897
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light on the dynamic relation between the two distinct trading systems: a formal system of markets and a decentralised system of networks. We investigate the issues in the infinitely...
Persistent link: https://www.econbiz.de/10008568153
We develop a theoretical model that explores the impact of international trade on both institutions and infrastructure …. As a result, when some firms have stronger political ties than others, trade leads to weaker institutions and more …
Persistent link: https://www.econbiz.de/10010662547
Domestic institutions can have profound effects on international trade. This chapter reviews the theoretical and … empirical underpinnings of this insight. Particular attention is paid to contracting institutions and to comparative advantage … advantage to domestic institutions. …
Persistent link: https://www.econbiz.de/10014025381
pressure in the field of locational competition and also raises pressure to reform institutions and policy patterns in a way …
Persistent link: https://www.econbiz.de/10008540493