Do Autocratic States Trade Less?
Does the political regime of a country influence its involvement in international trade? A theoretical model that predicts that autocracies trade less than democracies is developed, and the predictions of the model are tested empirically using a panel of more than 130 countries for 1962–2000. In contrast to the existing literature, data on the regime type of individual countries are used rather than information about the congruence of the regime type of pairs of trading countries. In line with the model, autocracies are found to import substantially less than democracies, even after controlling for official trade policies. This finding is very stable and does not depend on a particular setup or estimation technique.
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Format: | Journal Article biblioteca |
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World Bank
2010-02-15
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Subjects: | barriers, democracies, democracy, developing countries, economic development, economic structure, free trade, good governance, internal control, international trade, liberalization, political economy, political regime, political regimes, political systems, red tape, share, shares, trade, trade taxes, |
Online Access: | http://hdl.handle.net/10986/4514 |
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dig-okr-1098645142021-04-23T14:02:18Z Do Autocratic States Trade Less? Aidt, Toke S. Gassebner, Martin barriers democracies democracy developing countries economic development economic structure free trade good governance internal control international trade liberalization political economy political regime political regimes political systems red tape share shares trade trade taxes Does the political regime of a country influence its involvement in international trade? A theoretical model that predicts that autocracies trade less than democracies is developed, and the predictions of the model are tested empirically using a panel of more than 130 countries for 1962–2000. In contrast to the existing literature, data on the regime type of individual countries are used rather than information about the congruence of the regime type of pairs of trading countries. In line with the model, autocracies are found to import substantially less than democracies, even after controlling for official trade policies. This finding is very stable and does not depend on a particular setup or estimation technique. 2012-03-30T07:12:38Z 2012-03-30T07:12:38Z 2010-02-15 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/4514 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article Slovak Republic Nigeria Myanmar Liberia Ukraine |
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barriers democracies democracy developing countries economic development economic structure free trade good governance internal control international trade liberalization political economy political regime political regimes political systems red tape share shares trade trade taxes barriers democracies democracy developing countries economic development economic structure free trade good governance internal control international trade liberalization political economy political regime political regimes political systems red tape share shares trade trade taxes |
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barriers democracies democracy developing countries economic development economic structure free trade good governance internal control international trade liberalization political economy political regime political regimes political systems red tape share shares trade trade taxes barriers democracies democracy developing countries economic development economic structure free trade good governance internal control international trade liberalization political economy political regime political regimes political systems red tape share shares trade trade taxes Aidt, Toke S. Gassebner, Martin Do Autocratic States Trade Less? |
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Does the political regime of a country influence its involvement in international trade? A theoretical model that predicts that autocracies trade less than democracies is developed, and the predictions of the model are tested empirically using a panel of more than 130 countries for 1962–2000. In contrast to the existing literature, data on the regime type of individual countries are used rather than information about the congruence of the regime type of pairs of trading countries. In line with the model, autocracies are found to import substantially less than democracies, even after controlling for official trade policies. This finding is very stable and does not depend on a particular setup or estimation technique. |
format |
Journal Article |
topic_facet |
barriers democracies democracy developing countries economic development economic structure free trade good governance internal control international trade liberalization political economy political regime political regimes political systems red tape share shares trade trade taxes |
author |
Aidt, Toke S. Gassebner, Martin |
author_facet |
Aidt, Toke S. Gassebner, Martin |
author_sort |
Aidt, Toke S. |
title |
Do Autocratic States Trade Less? |
title_short |
Do Autocratic States Trade Less? |
title_full |
Do Autocratic States Trade Less? |
title_fullStr |
Do Autocratic States Trade Less? |
title_full_unstemmed |
Do Autocratic States Trade Less? |
title_sort |
do autocratic states trade less? |
publisher |
World Bank |
publishDate |
2010-02-15 |
url |
http://hdl.handle.net/10986/4514 |
work_keys_str_mv |
AT aidttokes doautocraticstatestradeless AT gassebnermartin doautocraticstatestradeless |
_version_ |
1756571514523615232 |