Journal article
Institutions, trade, and development: identifying the impact of country-specific characteristics on international trade
Oxford economic papers, v 76(2), pp 469-494
01 Apr 2024
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
We quantify the impact of country-specific institutions on international trade and development in a structural gravity framework. The econometric analysis offers robust evidence that stronger institutions promote trade. A counterfactual analysis reveals that the changes in institutional quality in the poor countries in our sample between 1996 and 2006 have had, via their impact on imports from rich countries, significant and heterogeneous welfare effects, varying between -2% and 5%. Our approach is readily applicable to identifying the impact of any country-specific variable on international trade in the structural gravity framework.
Metrics
Details
- Title
- Institutions, trade, and development: identifying the impact of country-specific characteristics on international trade
- Creators
- Cosimo Beverelli (Corresponding Author) - World Trade OrganizationAlexander Keck - World Trade OrganizationMario Larch - University of BayreuthYoto Yotov - Drexel University, Economics (School of Economics)
- Publication Details
- Oxford economic papers, v 76(2), pp 469-494
- Publisher
- Oxford University Press
- Number of pages
- 26
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000984133400001
- Scopus ID
- 2-s2.0-85166657807
- Other Identifier
- 991021807112204721
UN Sustainable Development Goals (SDGs)
This publication has contributed to the advancement of the following goals:
Source: SDGs in the Output
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Economics