Institutional quality and trade: which institutions? Which trade?
Pierre-Guillaume Méon () and
No 06-06.RS, DULBEA Working Papers from ULB -- Universite Libre de Bruxelles
Using a panel of countries over 1920-2000, this paper examines the extent to which different dimensions of the institutional framework affect exports of total, manufactured, and non-manufactured goods. It is observed that exports of manufactured goods are positively affected by the control of corruption, the rule of law, government effectiveness, and the lack of political violence. This result does not hold for non-manufactured and total exports. Instrumental variable regressions finally confirm that the control of corruption, but not the other dimensions of governance, robustly cause manufactured exports.
Keywords: Institutions; governance; trade; manufactured exports; non-manufactured exports. (search for similar items in EconPapers)
JEL-codes: F15 O17 (search for similar items in EconPapers)
Pages: 23 p.
New Economics Papers: this item is included in nep-dev, nep-int and nep-pol
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Published by: DULBEA - Université libre de Bruxelles, Bruxelles
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Journal Article: INSTITUTIONAL QUALITY AND TRADE: WHICH INSTITUTIONS? WHICH TRADE? (2008)
Working Paper: Institutional quality and trade: which institutions? Which trade? (2008)
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