Trade and Harmonization : If Your Institutions are Good, Does it Matter if They are Different ?

Good institutional quality (function) and similar institutional design (form) can promote international trade by reducing transactions costs. The authors evaluate the relative importance of function versus form in a gravity model, using an indicator of different legal systems as a proxy for differen...

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Bibliographic Details
Main Authors: Islam, Roumeen, Reshef, Ariell
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
WTO
Online Access:http://documents.worldbank.org/curated/en/2006/05/6762296/trade-harmonization-your-institutions-good-matter-different
http://hdl.handle.net/10986/8678