Abstract: This study tests two theories as to why democracies might trade more, using a bilateral gravity trade model covering approximately 150 countries from 1950 to 1999. It is shown that quality of governance variables have broad economic and statistical significance.
Author(s): Balding, Christopher
Source(s): , Working papers / UNU-WIDER; 2011/59 22 p., ill., graphs, tabs Working papers / UNU-WIDER 2011/59
Published: 2011 United nations university. World institute for development economics research (UNU-WIDER), Helsinki (English