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来源类型Working Paper
规范类型报告
DOI10.3386/w24052
来源IDWorking Paper 24052
Intrinsic Openness and Endogenous Institutional Quality
Yang Jiao; Shang-Jin Wei
发表日期2017-11-27
出版年2017
语种英语
摘要Quality of public institutions has been recognized as a crucial determinant of macroeconomic outcomes. We propose that a country's intrinsic level of openness (due to population size, geography, or exogenous trade opportunities) affects its incentives in investing in better institutions. We present a simple theory and extensive empirical evidence validating the role of intrinsic openness in determining governance quality. This suggests an indirect but important channel for globalization to improve welfare by raising the quality of governance.
主题International Economics ; Trade ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w24052
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581726
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GB/T 7714
Yang Jiao,Shang-Jin Wei. Intrinsic Openness and Endogenous Institutional Quality. 2017.
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