Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/260153 
Authors: 
Year of Publication: 
2015
Series/Report no.: 
Working Paper No. 2015:15
Publisher: 
Lund University, School of Economics and Management, Department of Economics, Lund
Abstract: 
Recent empirical studies confirm a positive relationship between trade liberalization or trade openness and the quality of domestic economic institutions. An isolated analysis of trade openness per se, however, may grossly simplify the mechanisms at work, as the linkage between open trade and quality of economic institutions is likely to vary for different political regimes. This study examines the causal relationship between trade openness and quality of economic institutions under different political institutions. We find that in the presence of extractive political institutions, the effect of trade openness on economic institutions is reduced significantly.
Subjects: 
trade openness
political institutions
economic institutions
institutional change
JEL: 
F13
F14
P14
P16
Document Type: 
Working Paper

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