Institutions and bilateral agricultural trade

被引:18
作者
de Mendonca, Talles Girardi [1 ]
Lirio, Viviani Silva [2 ]
Braga, Marcelo Jose [2 ]
da Silva, Orlando Monteiro [2 ]
机构
[1] Univ Fed Sao Joao del Rei, BR-36307352 Sao Joao Del Rei, MG, Brazil
[2] Univ Fed Vicosa, BR-36570900 Vicosa, MG, Brazil
来源
INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS (ICOAE 2014) | 2014年 / 14卷
关键词
institutions; international trade; gravity model; institutional heterogeneity; intagible barriers;
D O I
10.1016/S2212-5671(14)00699-6
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study aimed to investigate the effect of institutional differences between countries on trade flows of agricultural products. The analysis was carried out by estimating the gravity model as proposed by Anderson and van Wincoop (2003) and Anderson and van Wincoop (2004). The sample covered a total of 59 countries for the period from 2005 to 2010. The results showed that the institutional differences between countries have a significant and negative effect on agricultural trade. Furthermore, the greater is the difference in the quality of institutions between countries, the higher its restrictive effect on trade. (C) 2014 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/3.0/).
引用
收藏
页码:164 / 172
页数:9
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