Trade, Inequality, and the Political Economy of Institutions

Trade, Inequality, and the Political Economy of Institutions
We analyze the relationship between international trade and the quality of economic institutions, such as contract enforcement, rule of law, and property rights. In our model, firms differ in their preferences for institutional quality, which is determined endogenously in a political economy framework. We show that trade opening can worsen... READ MORE...

Publication date: February 2006
ISBN 9781451863161
$15.00

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