Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2003-11-13
Number: 03-092/3
Author-Name: Henri L.F. de Groot
Author-Email: hgroot@feweb.vu.nl
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Author-Name: Gert-Jan Linders
Author-Email: glinders@feweb.vu.nl
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Author-Name: Piet Rietveld
Author-Email: prietveld@feweb.vu.nl
Author-Workplace-Name: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Title: Why do OECD-Countries trade more?
Abstract: 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.
Classification-JEL: F14; F15
Keywords: bilateral trade; gravity model; institutions; OECD
File-Url: https://papers.tinbergen.nl/03092.pdf
File-Format: application/pdf
File-Size: 156107 bytes
Handle: RePEc:tin:wpaper:20030092