Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88599
Authors: 
Krenz, Astrid
Year of Publication: 
2013
Series/Report no.: 
Discussion Papers, Center for European Governance and Economic Development Research 182
Abstract: 
We examine the long-run effects of the political institutional framework, measured by the political risk component of the International Country Risk Guide, on trade. Our results suggest that an improved political institutional framework is both a cause and a consequence of increased trading activity. However, we find no significant relationship in case of exporting activity for the high-income countries and the countries that possess better political institutions.
Subjects: 
political institutions
trade
cointegration analysis
JEL: 
F14
F55
Document Type: 
Working Paper

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