The literature has paid very little attention to a potential positive endogenous nexus between trade globalization and political liberalization. In this paper, I apply a structural approach to investigate two-way causality between the two based on the gravity trade theory, using data from a...

Does democracy affect trade? There are several channels by which democracy may affect trade, with differing implications. First, democratization in the exporting country can improve product quality and reduce trade costs, increasing bilateral trade. Second, democratization in the importing...

The literature has paid very little attention to a potential positive endogenous nexus between trade globalization and political liberalization. In this paper, I apply a structural approach to investigate two-way causality between the two based on the gravity trade theory, using data from a...

The aim of this paper is to extensively review empirical studies that analyze the globalization phenomena by using micro data. First, we set up a flow chart describing how the policy measures on globalization lead to national productivity enhancement. Second, we summarize the hypotheses and the...

This paper extensively reviews empirical studies that analyze the various impacts of the globalization phenomenon on corporate activities by using micro data. First, we set up a flow chart describing how globalization leads to national productivity enhancement. Secondly, we summarize the...

Some major policy changes towards a more open trade and investment regime occurred in Indonesia during the 1980s and 1990s. The impact of these policy changes on the country's industrialisation has been generally favourable. However, little is known about the impact on the dynamics of plant in...