Institutions and trade: competitors or complements in economic development?
| dc.contributor.author | Bhattacharyya, Sambit | |
| dc.contributor.author | Dowrick, StevE. | |
| dc.contributor.author | Golley, Jane | |
| dc.date.accessioned | 2025-05-27T23:49:36Z | |
| dc.date.available | 2025-05-27T23:49:36Z | |
| dc.date.issued | 2008-03 | |
| dc.description.abstract | In this paper we contribute to the debate over the empirical relationship between trade openness and economic development. Unlike previous studies which treat trade openness and institutions as competitors in economic development, we find evidence that they are in fact complements. We also find that in order for a country to benefit from trade, its institutional quality has to be above a threshold level. These results are suggestive of a very important complementary role of both trade openness and institutions in economic development. | |
| dc.identifier.issn | 0816-5181 | |
| dc.identifier.uri | https://hdl.handle.net/1885/733754183 | |
| dc.language.iso | en_AU | |
| dc.provenance | The publisher permission to make it open access was granted in November 2024 | |
| dc.publisher | Crawford School of Public Policy, The Australian National University | |
| dc.relation.ispartofseries | Working papers in trade and development | |
| dc.rights | Author(s) retain copyright | |
| dc.source | Working papers in trade and development | |
| dc.source.uri | https://crawford.anu.edu.au/ttpi-working-papers | |
| dc.title | Institutions and trade: competitors or complements in economic development? | |
| dc.type | Working/Technical Paper | |
| dcterms.accessRights | Open Access | |
| dspace.entity.type | Publication | |
| local.bibliographicCitation.issue | 2008/12 | |
| local.type.status | Published Version |