制度相似性必然导致双边贸易增长吗?

Vu Thi Hong Van, Nguyen Thi Thanh Huyen, N. K. Doanh
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引用次数: 1

摘要

为了阐明制度相似性是否总是会增加双边贸易的问题,我们将制度质量分为低水平(低于平均值一个标准差)、中等水平(介于平均值的负一到一个标准差之间)和高水平(高于平均值一个标准差)。通过系统- gmm估计,我们发现除了一国或两国的制度质量较低的情况外,两国之间的制度相似性具有促进贸易的作用。这意味着提高制度相似性的措施必须伴随着促进制度适应性的政策。
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Does Institutional Similarity Necessarily Lead to Increased Bilateral Trade?
To shed light on the question of whether or not institutional similarity always increases bilateral trade, we divide institutional quality into the low level (one standard deviation below the mean), medium level (in between minus one and one standard deviation from the mean), and high level (one standard deviation above the mean). By applying the system-GMM estimator, we found that the institutional similarity between the two countries has a trade-boosting effect, except in cases where one or both countries have low-institutional quality. These imply that measures to enhance institutional similarity must be accompanied by policies to promote institutional adaptability.
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来源期刊
CiteScore
1.50
自引率
0.00%
发文量
18
期刊介绍: Journal of International Commerce, Economics and Policy (JICEP) is a peer-reviewed journal that seeks to publish high-quality research papers that explore important dimensions of the global economic system (including trade, finance, investment and labor flows). JICEP is particularly interested in potentially influential research that is analytical or empirical but with heavy emphasis on international dimensions of economics, business and related public policy. Papers must aim to be thought-provoking and combine rigor with readability so as to be of interest to both researchers as well as policymakers. JICEP is not region-specific and especially welcomes research exploring the growing economic interdependence between countries and regions.
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