Institutional quality as a barrier to trade

Briggs, Kristie

doi:10.1080/13504851.2013.826862

Cited by 11 publications

(5 citation statements)

References 18 publications

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“…This confirms that the improvement in the control of corruption will enhance exports as better control of corruption tends to reduce the costs associated with trade. Our result is consistent with a number of previous empirical studies on the effects of institutions on international trade Kekkat, 2004, 2008;de Jong and Bogmans, 2011;Faruq, 2011;Briggs, 2013;Francois and Manchin, 2013).…”

Section: Empirical Results and Discussionsupporting

confidence: 92%

“…This finding is expected, as better quality of public services, policy formulation and implementation, as well as government's commitment to these policies creates a better environment for business transactions and exchanges, leading to a reduction in trade costs. This result is also in line with the previous empirical studies by Méon and Kekkat (2008) and Briggs (2013). Political stability, which is indispensable for the development for many countries, is also found to be an important determinant of Cambodia's exports (Table 5).…”

Section: Empirical Results and Discussionsupporting

confidence: 91%

“…Depken and Sonora (2005) show that exports of the United States are positively affected by the improved economic freedom of the rest of the world. Using the World Bank's Worldwide Governance Indictors as proxies for institutions, Briggs (2013) confirms for the United States that stronger domestic institutions of U.S. trading partners are associated with an increase of U.S. exports to the markets of its partners.…”

Section: Introductionmentioning

confidence: 90%

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Domestic institutions and export performance: Evidence for Cambodia

Soeng

Cuyvers

2017

The Journal of International Trade & Economic Development

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The paper analyzes the relevance of domestic institutions for export performance of Cambodia. Regulatory quality, control of corruption, rule of law, government effectiveness and political stability are introduced in an augmented gravity model with a panel data set over 1996-2015. The research is the first application to Cambodia, until 2015 a least developed country which is generally believed to have poorly developed institutions. Due to high multicollinearity among the variables, the institutional variables are introduced in the model one by one. Estimation is by the Hausman-Taylor method, which reduces or removes the correlation between the composite error terms and the included variables. All institutional variables show a highly significant positive relationship with Cambodia's exports, with rule of law having the largest impact. It is concluded that the government should give high priority to the further improvements of the legal environment and to strong enforcement of property rights and contracts. 1 We are grateful for useful comments by three anonymous referees.

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Section: Empirical Results and Discussionsupporting

confidence: 92%

Section: Empirical Results and Discussionsupporting

confidence: 91%

Section: Introductionmentioning

confidence: 90%

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Domestic institutions and export performance: Evidence for Cambodia

Soeng

Cuyvers

2017

The Journal of International Trade & Economic Development

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“…Thus, understanding how managers perceive export barriers is particularly important, since their attitudes and preferences are at the core of internationalization activities (Santos-Álvarez and García-Merino, 2012). Based on the idea that the managers' perception of the macro-environment is more important than facts when it comes to determining internationalization strategies (Briggs, 2013), it can be argued that their perception of export barriers will influence their decisions, not only to enter foreign markets, but also which markets and the level of international involvement (Kahiya, 2013).…”

Section: The Internationalization Process Smesmentioning

confidence: 99%

A Descentralização das Políticas Públicas para a Promoção da Internacionalização das PME. Uma Explicação Teórica

Teixeira

Barros

2014

Rev. Port. de Estud. Reg.

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As PME enfrentam vários obstáculos no seu processo de internacionalização que não podem superar sozinhas, forçando-as a permanecer domésticas e, portanto, em desvantagem em relação a concorrentes que adotam uma perspetiva de negócios mais global. A ação do governo pode ajudar as PME a superar as suas limitações e tem vindo a desempenhar um papel cada vez mais importante na promoção das exportações, uma área onde o Governo é normalmente um ator muito ativo. Isso contribuiu para a ideia de que os programas e agências de promoção de exportação são hoje instrumentos fundamentais no apoio às PME. Por estas razões, a formulação de uma estratégia nacional de promoção das exportações tem estado na agenda dos países em todo o mundo. A política de descentralização é hoje uma realidade enquanto reforma do modelo do setor público e estratégia de desenvolvimento. Do ponto de vista da descentralização, é reconhecido que as iniciativas se devem basear no território e ser geridas localmente, sendo a descentralização do poder e a responsabilidade para o nível local um fator importante no desenvolvimento local e regional. Apesar de extensa investigação sobre a descentralização, o papel dos governos locais na promoção da internacionalização das empresas tem sido bastante negligenciado na literatura, quer na área da ciência regional, quer na dos negócios internacionais. Este artigo procura preencher esta lacuna fornecendo uma sistematização da literatura que liga as políticas de promoção da internacionalização, da descentralização e da internacionalização das empresas.

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“…While the coefficient of control on corruption for Pakistan is negative and significant. This negative relation might be due to the fact as Pakistan got control on corruption their domestic production increased due to proper management and implementation of laws that enable them to produce goods and services domestically that lead to the reduction of bilateral imports Briggs (2013). andSaputra (2014) favors for positive relation while Sheikh et al (2018) favors for negative relation among them.…”

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confidence: 99%

Does Governance Wax or Wane the Bilateral Trade of Pakistan? An Application of Gravity Model

Ali

Bakar

2022

J. Professional Business Review

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Purpose: This paper aims to present an analysis on the effect of governance and its indicators on bilateral exports and bilateral imports of Pakistan with its major trading partner countries separately. Theoretical framework: This study has implemented the six indicators of governance for Pakistan and its exporting and importing partners in gravity trade model to demonstrate the influence of governance on bilateral trade. Design/methodology/approach: Indicators of governance (a disaggregate analysis) and a governance index (an aggregate analysis) in a panel data over the period 2000 to 2020 have been analyzed by using panel least square estimation technique. Findings: The findings reveal that the average effect of governance on bilateral exports is positive indicating that in general, the better quality of institutions boosts up the bilateral trade, and the outcome of the institutional quality on trade has “waxed rather than waned” with time. Further, the positive effect of governance on bilateral imports indicates that it is uncomplicated to trade with those trading partners having better institutions. Research, Practical & Social implications: Research, Practical & Social implications: This study suggests that there is a clear need to adopt the practices of good governance,accountability, rule of law, etc. for enhancing bilateral trade and would follow the rules developed by the institutions. Originality/value: This study is an attempt to examine the significance of governance in enhancing the bilateral trade of Pakistan. Findings of the study has elaborated with the economic reasonings that have never been explained in previous researches.

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Institutional quality as a barrier to trade

Cited by 11 publications

References 18 publications

Domestic institutions and export performance: Evidence for Cambodia

Domestic institutions and export performance: Evidence for Cambodia

A Descentralização das Políticas Públicas para a Promoção da Internacionalização das PME. Uma Explicação Teórica

Does Governance Wax or Wane the Bilateral Trade of Pakistan? An Application of Gravity Model

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