This paper investigates the influence of the legal framework quality on trade. Our sample includes trade flows between European countries over the period 1995-1999. During this period, transition economies of Central and Eastern Europe have attempted to set up market-oriented legal systems to...

This article investigates the effects of a public labelling system in a context of international trade. A simple framework allows to present some distortions linked to such a policy. A trade liberalisation situation may lead to a change in the label policy, where the foreign seller incurs the...