Fillable Trade and Harmonization: If Your Institutions are Good, Does it ...

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Trade and Harmonization: If Your Institutions are Good, Does it Matter if they are Different? 1 Roumeen Islam World Bank Ariell Reshef University of Virginia October 21, 2011 Abstract Good institutional quality (function) and similar institutional design (form) can promote international trade by reducing transaction costs. We evaluate the relative importance of function versus form in a gravity model, using an...
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