Why do OECD-Countries trade more?

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.

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Year of publication:	2003-11-13
Authors:	Groot, Henri L.F. de ; Linders, Gert-Jan ; Rietveld, Piet
Institutions:	Tinbergen Institute
Subject:	bilateral trade \| gravity model \| institutions \| OECD

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Extent:	application/pdf
Series:	Tinbergen Institute Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Tinbergen Institute Discussion Papers Number 03-092/3
Classification:	F14 - Country and Industry Studies of Trade ; F15 - Economic Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005209492