Trade, insecurity, and home bias an empirical investigation

Corruption and imperfect contract enforcement dramatically reduce trade. This paper estimates the reduction, using a structural model of import demand in which transactions costs impose a price markup on traded goods. We find that inadequate institutions constrain trade far more than tariffs do. We...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Anderson, James E. 1943- (VerfasserIn), Marcouiller, Douglas (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge, Mass. 1999
Schriftenreihe:	National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 7000
Schlagworte:	Commerce international - Modèles économétriques Commerce international - Pratiques déloyales - Modèles économétriques Contrats - Modèles économétriques Coût de transaction - Modèles économétriques Vol (droit) - Aspect économique - Modèles économétriques Ökonometrisches Modell Contracts > Economic aspects > Econometric models International trade > Corrupt practices > Econometric models International trade > Econometric models Markup > Econometric models Theft > Economic aspects > Econometric models Transaction costs > Econometric models
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