The effect of trade and political institutions on economic institutions
(2017) In Journal of International Trade and Economic Development 26(1). p.89-110- Abstract
This study examines the relationship between trade and the quality of economic institutions under different political institutions. It uses panel data of 138 countries from 1984 to 2010 and employs instrumental variables and identification through heteroscedasticity to mitigate the problem of endogeneity. The findings suggest that the effect of trade on economic institutions reduces significantly in the presence of extractive political institutions. The findings indicate that ‘trade’ is not a sufficient tool for improving economic institutions; rather, trade policies need to be embedded in distinct political institutions to trigger the substantive improvement of economic institutions.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/ba370348-40d4-4d2c-9247-1025cedfbddb
- author
- Khalid, Usman LU
- organization
- publishing date
- 2017-01-02
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- economic institutions, institutional change, political institutions, Trade
- in
- Journal of International Trade and Economic Development
- volume
- 26
- issue
- 1
- pages
- 22 pages
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:84978743892
- wos:000390660400005
- ISSN
- 0963-8199
- DOI
- 10.1080/09638199.2016.1206142
- language
- English
- LU publication?
- yes
- id
- ba370348-40d4-4d2c-9247-1025cedfbddb
- date added to LUP
- 2017-01-16 14:47:56
- date last changed
- 2024-07-14 02:21:16
@article{ba370348-40d4-4d2c-9247-1025cedfbddb,
abstract = {{<p>This study examines the relationship between trade and the quality of economic institutions under different political institutions. It uses panel data of 138 countries from 1984 to 2010 and employs instrumental variables and identification through heteroscedasticity to mitigate the problem of endogeneity. The findings suggest that the effect of trade on economic institutions reduces significantly in the presence of extractive political institutions. The findings indicate that ‘trade’ is not a sufficient tool for improving economic institutions; rather, trade policies need to be embedded in distinct political institutions to trigger the substantive improvement of economic institutions.</p>}},
author = {{Khalid, Usman}},
issn = {{0963-8199}},
keywords = {{economic institutions; institutional change; political institutions; Trade}},
language = {{eng}},
month = {{01}},
number = {{1}},
pages = {{89--110}},
publisher = {{Taylor & Francis}},
series = {{Journal of International Trade and Economic Development}},
title = {{The effect of trade and political institutions on economic institutions}},
url = {{http://dx.doi.org/10.1080/09638199.2016.1206142}},
doi = {{10.1080/09638199.2016.1206142}},
volume = {{26}},
year = {{2017}},
}