G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4405
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
URLhttps://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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