Trade and Harmonization : If Your Institutions are Good, Does it Matter if They are Different ?

Trade and Harmonization : If Your Institutions are Good, Does it Matter if They are Different ?

Good institutional quality (function) and similar institutional design (form) can promote international trade by reducing transactions costs. The authors evaluate the relative importance of function versus form in a gravity model, using an indicator of different legal systems as a proxy for differen...

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Bibliographic Details
Main Authors: Islam, Roumeen, Reshef, Ariell
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
AGRICULTURE
AUTHORITY
BILATERAL TRADE
CIVIL LAW
CIVIL LAW SYSTEMS
COMMON LAW
COMPARATIVE ADVANTAGE
COMPETITION LAW
CONSUMER PREFERENCES
CONTROL
CONTROL OF CORRUPTION
CORRUPTION
CUSTOMS
CUSTOMS PROCEDURES
DECENTRALIZATION
ECONOMIC OUTCOMES
ECONOMICS LITERATURE
ELASTICITY
EUROPEAN UNION
EXPORTS
EXTERNALITIES
FACE VALUE
FEDERALISM
FINANCIAL SECTOR
FREE TRADE
GATT
GDP
GDP PER CAPITA
GENERAL SYSTEM OF PREFERENCES
GOVERNMENT SUBSIDIES
INDUSTRIALIZED COUNTRIES
INFORMAL INSTITUTIONS
INTELLECTUAL PROPERTY
INTELLECTUAL PROPERTY RIGHTS
INTERNATIONAL AGREEMENTS
INTERNATIONAL TRADE
LANDLOCKED COUNTRIES
LAWS
LEGAL DEVELOPMENT
LEGAL LITERATURE
LEGAL PROCEDURES
LEGAL RECOURSE
LEGAL SYSTEM
LEGAL SYSTEMS
LEGISLATION
LESS DEVELOPED COUNTRIES
MARKET ACCESS
MARKET SHARE
POLICY RESEARCH
POSITIVE EFFECTS
PRICE LEVELS
PRIVATE PROPERTY
PROPERTY RIGHTS
QUALITY
REDISTRIBUTION
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
SHIPMENTS
SUFFICIENT EVIDENCE
SYSTEM OF PREFERENCES
TRADE AGREEMENTS
TRADE FLOWS
TRANSACTIONS COSTS
TRANSITION ECONOMIES
WTO
Online Access:http://documents.worldbank.org/curated/en/2006/05/6762296/trade-harmonization-your-institutions-good-matter-different
http://hdl.handle.net/10986/8678

Internet

http://documents.worldbank.org/curated/en/2006/05/6762296/trade-harmonization-your-institutions-good-matter-different
http://hdl.handle.net/10986/8678

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