Arbeitspapier
Trade globalization and political liberalization: A gravity approach
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 sample of 134 IMF countries over the pe- riod 1974-1998. An extensive search shows that trade globalization dampens political liberalization, though political liberalization fosters trade globalization. The paper also presents ample evidence of simultaneous bias when such bidirectional causality is ignored. Finally, it contains a thorough exploration of parameter heterogeneity by income and by region.
- Sprache
-
Englisch
- Erschienen in
-
Series: TIGER Working Paper Series ; No. 104
- Klassifikation
-
Wirtschaft
Trade Policy; International Trade Organizations
Capitalist Systems: Political Economy
- Thema
-
Trade
Democracy
Gravity Equation
Internationale Wirtschaft
Globalisierung
Demokratisierung
Gravitationsmodell
Theorie
Schätzung
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Yu, Miaojie
- Ereignis
-
Veröffentlichung
- (wer)
-
Transformation, Integration and Globalization Economic Research (TIGER)
- (wo)
-
Warsaw
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Yu, Miaojie
- Transformation, Integration and Globalization Economic Research (TIGER)
Entstanden
- 2007
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