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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
estimate the determinants of Spanish regional exports and we apply quantile regressions for panel data. We find that better …
Persistent link: https://www.econbiz.de/10011614253
examine the long-run effects of the political institutional framework on trade for a panel of 87 countries for the period from … 1990 to 2007. We employ recent panel econometric methods for testing and estimating in the presence of non …-stationarity, investigate panel causality and use methods that are robust to slope heterogeneity. Our results imply that an improved political …
Persistent link: https://www.econbiz.de/10011437616
This paper studies the intangible costs of international trade by extending the basic gravity equation with measures of cultural and institutional distance, and institutional quality. Analyzing a sample of bilateral trade flows between 92 countries in 1999, we find that institutional distance...
Persistent link: https://www.econbiz.de/10011346486
́trading activity. Using a panel quantile estimation framework from Powell (2014), we find a stronger relationship at the lower … international trade. With a new estimation strategy, we analyze this relationship taking a look at the distribution of countries … variables estimation. Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least …
Persistent link: https://www.econbiz.de/10010513375
institutional quality, based on three indicators from the World Bank, and its indicator-specific effects on bilateral coconut trade …
Persistent link: https://www.econbiz.de/10011922124
panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect of …
Persistent link: https://www.econbiz.de/10011373517
Persistent link: https://www.econbiz.de/10010223099
Persistent link: https://www.econbiz.de/10010231080
different approaches, the panel data analysis and fuzzy logic, and to compare the results. To a panel with the crosssection …. Then, this traditional panel approach is contrasted with an alternative investigation based on fuzzy logic. The key …
Persistent link: https://www.econbiz.de/10013082345