QQ客服 官方微博 反馈留言

	Trade, Democracy, and the Gravity Equation
	Miaojie Yu
	2012-04-24 ; 2012-04-24
关键词	Trade Democracy Gravity Equation Transportation Costs
中文摘要	Democracy has scale and selection effects on trade. Importer’s democratization could change various trade barriers and hence affect trade flow (scale effect). Simultaneously, a democratic country would become a favorable exporter due to mutual ideological recognition and other concerns (selection effect). Thus, the net effect of democratization on trade remains an empirical issue. In this paper, we present a theoretical gravity model with democracy. Using a rich panel dataset while clearly controlling for the endogeneity of democracy, we find robust empirical evidence that democracy significantly fosters trade. Overall, democratization accounts for around 3% trade growth via scale effect and 8% via selection effect, ceteris paribus.
语种	英语
内容类型	期刊论文
源URL	[http://ir.calis.edu.cn/hdl/211010/3888]
专题	北京大学
推荐引用方式 GB/T 7714	Miaojie Yu. Trade, Democracy, and the Gravity Equation[J],2012, 2012.
APA	Miaojie Yu.(2012).Trade, Democracy, and the Gravity Equation..
MLA	Miaojie Yu."Trade, Democracy, and the Gravity Equation".(2012).

个性服务

查看访问统计

相关权益政策

暂无数据

收藏/分享

除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。