Research Output
1 - 1 of 1
Publication
Does Trade Foster Institutions?
2011, Nicolini, Marcella, Paccagnini, Alessia
The field of institutional economics stresses the role of institutions as a possibledeterminant of many economic phenomena (see among many others North, 1990). On the other hand, recent contributions suggest that economicfeatures may determine the development of a country’s institutional setting(Acemoglu and Robinson, 2006). Therefore, the issue of the endogeneity of institutions is well known and widely debated whenever a causal relationship between economic variables and institutions is suggested.