| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4405 |
| DP4405 Bargained Wages, Wage Drift and the Design of the Wage-Setting System | |
| Ana Cardoso; Pedro Portugal | |
| 发表日期 | 2004-06-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This Paper analyses to which extent domestic institutions affect trade flows. We use two complementary approaches, one focusing on the size of total trade flows and one focusing on bilateral trade patterns (gravity equation). We also control for two other domestic policy variables: trade policy and domestic infrastructure. We find that the quality of institutions has a positive and significant impact on a country?s level of openness. Domestic tariffs have no statistically significant impact alone, but do affect total trade flows when combined with good institutions. Domestic institutions also have a positive and significant impact on bilateral trade flows, but the parameter of our institution variables is reduced by almost a half and may turn insignificant when the quality of domestic infrastructure is included in the regression. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Openness Bilateral trade flows Gravity model Institutional quality |
| URL | https://cepr.org/publications/dp4405 |
| 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/533359 |
| 推荐引用方式 GB/T 7714 | Ana Cardoso,Pedro Portugal. DP4405 Bargained Wages, Wage Drift and the Design of the Wage-Setting System. 2004. |
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