Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86016
Authors: 
de Groot, Henri L.F.
Linders, Gert-Jan
Rietveld, Piet
Year of Publication: 
2003
Series/Report no.: 
Tinbergen Institute Discussion Paper 03-092/3
Abstract: 
Ineffective institutions increase transaction costs and reduce trade. This paper shows that differences in the effectiveness of institutions offer an explanation for the tendency of OECD countries to trade disproportionately with each other, and with non-OECD countries.
Subjects: 
bilateral trade
gravity model
institutions
OECD
JEL: 
F14
F15
Document Type: 
Working Paper

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