| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2994
|
| DP2994 Blessing or Curse? Domestic Plants' Survival and Employment Prospects After Foreign Acquisition |
| Sourafel Girma; Holger Görg
|
| 发表日期 | 2001-10-17
|
| 出版年 | 2001
|
| 语种 | 英语
|
| 摘要 | Globalization, governance and economic performance affect each other in very complex mutual relationships. In this Paper, we establish a clear and well-circumscribed hypothesis: ?Is there an effect of globalization on governance?? To test this hypothesis or, even more specifically, to test how openness can affect the quality of domestic institutions, we survey available theoretical explanations of causal relationships between globalization and governance. Microeconomic theory helps us identify trade policy, competition by foreign producers and international investors, and openness-related differences in institution building costs and benefits, as three major transmission mechanisms through which openness affects a country?s corruption levels. Examining a large sample of countries covering a 20-year long period, we found robust empirical support for the fact that increases in import openness do indeed cause reductions in corruption, a crucial aspect of governance. The magnitude of the effect is also quite strong. After controlling for many cross-country differences, openness? influence on corruption is close to one third of that exercised by the level of development. Some cautious policy conclusions are derived. |
| 主题 | International Trade and Regional Economics
; Public Economics
|
| 关键词 | Corruption
Globalisation
Governance
International trade
|
| URL | https://cepr.org/publications/dp2994
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532031
|
推荐引用方式
GB/T 7714 |
Sourafel Girma,Holger Görg. DP2994 Blessing or Curse? Domestic Plants' Survival and Employment Prospects After Foreign Acquisition. 2001.
|
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