Trade, Insecurity, and Home Bias: An Empirical Investigation
收藏NBER1999-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7000
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资源简介：
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
提供机构：
美国国家经济研究局
创建时间：
1999-03-01
