Does Trade Foster Institutions?

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Title: Does Trade Foster Institutions?
Authors: Nicolini, Marcella
Paccagnini, Alessia
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Date: 2011
Abstract: 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.
Type of material: Journal Article
Publisher: University of Perugia
Copyright (published version): 2011 University of Perugia Electronic Press
Keywords: Institutional quality;Granger causality test;Panel data;Zero trade flow
DOI: 10.5202/rei.v2i2.28
Language: en
Status of Item: Peer reviewed
Appears in Collections:Economics Research Collection

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