Does Trade Foster Institutions?
نویسندگان
چکیده
منابع مشابه
Does Trade Foster Contract Enforcement?
Contract enforcement is probabilistic, but the probability depends on rules and processes. A stimulus to trade may induce traders to alter rules or processes to improve enforcement. In the model of this paper, such a positive knock-on effect occurs when the elasticity of supply of traders is sufficiently high. Negative knock-on is possible when the elasticity is low. Enforcement strategies in c...
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ژورنال
عنوان ژورنال: Review of Economics and Institutions
سال: 2011
ISSN: 2038-1379,2038-1344
DOI: 10.5202/rei.v2i2.28