More Open – Better Governed? Evidence from High- and Low-income Countries
(2013) In IFN Working Paper- Abstract
- Using World Bank data on institutional quality and the KOF Globalization Index, we examine over 100 countries from 1992 to 2010 to analyze the relationship between economic and social globalization and six measures of institutional quality. Theoretically, the incentives of elites to respond to globalization by improving institutions should differ between low-income and high-income countries. Empirically, increasing economic flows and social globalization are followed by improving institutions in rich countries, while the effect is the opposite for low-income countries. Previous findings of positive effects of trade on institutional quality are likely driven by rich countries.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4580951
- author
- Bergh, Andreas LU ; Mirkina, Irina and Nilsson, Therese LU
- organization
- publishing date
- 2013
- type
- Working paper/Preprint
- publication status
- published
- subject
- in
- IFN Working Paper
- issue
- 997
- pages
- 41 pages
- publisher
- Research Institute of Industrial Economics, Stockholm
- language
- English
- LU publication?
- yes
- id
- 82252fa9-58d0-42df-97b4-e51bcb0810ca (old id 4580951)
- alternative location
- http://www.ifn.se/publikationer/working_papers/2013/997
- date added to LUP
- 2016-04-04 11:58:20
- date last changed
- 2018-11-21 21:08:17
@misc{82252fa9-58d0-42df-97b4-e51bcb0810ca, abstract = {{Using World Bank data on institutional quality and the KOF Globalization Index, we examine over 100 countries from 1992 to 2010 to analyze the relationship between economic and social globalization and six measures of institutional quality. Theoretically, the incentives of elites to respond to globalization by improving institutions should differ between low-income and high-income countries. Empirically, increasing economic flows and social globalization are followed by improving institutions in rich countries, while the effect is the opposite for low-income countries. Previous findings of positive effects of trade on institutional quality are likely driven by rich countries.}}, author = {{Bergh, Andreas and Mirkina, Irina and Nilsson, Therese}}, language = {{eng}}, note = {{Working Paper}}, number = {{997}}, publisher = {{Research Institute of Industrial Economics, Stockholm}}, series = {{IFN Working Paper}}, title = {{More Open – Better Governed? Evidence from High- and Low-income Countries}}, url = {{http://www.ifn.se/publikationer/working_papers/2013/997}}, year = {{2013}}, }