Publication:
Institutions, Infrastructure, and Trade

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dc.contributor.authorFrancois, Joseph
dc.contributor.authorManchin, Miriam
dc.date.accessioned2012-06-05T21:25:06Z
dc.date.available2012-06-05T21:25:06Z
dc.date.issued2007-03
dc.description.abstractThe authors examine the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. They are interested in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. The authors depart from the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. They also depart from this literature by mixing principal components (to condense the institutional and infrastructure measures) with a focus on deviations in the resulting indexes from expected values for given income cohorts to control for multicollinearity. The authors work with a panel of 284,049 bilateral trade flows from 1988 to 2002. Matching bilateral trade and tariff data and controlling for tariff preferences, level of development, and standard distance measures, they find that infrastructure and institutional quality are significant determinants not only of export levels, but also of the likelihood exports will take place at all. Their results support the notion that export performance, and the propensity to take part in the trading system at all, depends on institutional quality and access to well-developed transport and communications infrastructure. Indeed, this dependence is far more important, empirically, than variations in tariffs in explaining sample variations in North-South trade.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/03/7412729/institutions-infrastructure-trade
dc.identifier.doi10.1596/1813-9450-4152
dc.identifier.urihttps://hdl.handle.net/10986/7201
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4152
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADMINISTRATIVE BURDENS
dc.subjectAIR
dc.subjectAIR TRANSPORT
dc.subjectAPPLIED TARIFF
dc.subjectBILATERAL TARIFF
dc.subjectBILATERAL TARIFFS
dc.subjectBILATERAL TRADE
dc.subjectCHANGES IN TRADE
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCUSTOMS
dc.subjectCUSTOMS UNION
dc.subjectDEVELOPMENT AGENCIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDRIVING
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMETRICS
dc.subjectECONOMIC RESEARCH
dc.subjectEXCHANGE RATE
dc.subjectEXPANSION OF TRADE
dc.subjectEXPECTED VALUES
dc.subjectEXPORT GROWTH
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTERS
dc.subjectEXPORTING COUNTRY
dc.subjectEXPORTS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN TRADE
dc.subjectFREIGHT
dc.subjectGDP DEFLATOR
dc.subjectGENERAL EQUILIBRIUM MODELING
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL TRADING
dc.subjectGRAVITY EQUATION
dc.subjectGRAVITY MODEL
dc.subjectGRAVITY VARIABLES
dc.subjectHUMAN RIGHTS
dc.subjectIMPACT OF TRADE
dc.subjectIMPERFECT COMPETITION
dc.subjectIMPORT DATA
dc.subjectIMPORT PROTECTION
dc.subjectIMPORTING COUNTRY
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINDUSTRIALIZATION
dc.subjectINFLATION RATE
dc.subjectINTERNATIONAL TRADE
dc.subjectLEGAL SYSTEM
dc.subjectM1
dc.subjectM2
dc.subjectMARGINAL EFFECTS
dc.subjectMARKET ACCESS
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectNON-TARIFF BARRIERS
dc.subjectOPENNESS
dc.subjectPATTERN OF TRADE
dc.subjectPOLICE
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPRODUCT DIFFERENTIATION
dc.subjectPROPERTY RIGHTS
dc.subjectREAL GDP
dc.subjectREGIONALIZATION
dc.subjectREGULATIONS
dc.subjectROADS
dc.subjectRULE OF LAW
dc.subjectSPECIALIZATION
dc.subjectSUNK COSTS
dc.subjectTARIFF BARRIERS
dc.subjectTARIFF DATA
dc.subjectTARIFF PREFERENCES
dc.subjectTARIFF RATE
dc.subjectTARIFF RATES
dc.subjectTAX
dc.subjectTAX BASE
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL OUTPUT
dc.subjectTRADE
dc.subjectTRADE BARRIERS
dc.subjectTRADE COSTS
dc.subjectTRADE DATA
dc.subjectTRADE FACILITATION
dc.subjectTRADE FLOWS
dc.subjectTRADE IN GOODS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENNESS
dc.subjectTRADE ORIENTATION
dc.subjectTRADE PATTERNS
dc.subjectTRADE PERFORMANCE
dc.subjectTRADE POLICY
dc.subjectTRADE PREFERENCES
dc.subjectTRADE PROMOTION
dc.subjectTRADE REGIME
dc.subjectTRADE REGIMES
dc.subjectTRADE RELATIONSHIPS
dc.subjectTRADE TAXES
dc.subjectTRADE VOLUMES
dc.subjectTRADING SYSTEM
dc.subjectTRAINS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORT SYSTEM
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION COSTS
dc.subjectTRANSPORTATION SERVICES
dc.subjectUNILATERAL TRADE
dc.subjectVALUE OF EXPORTS
dc.subjectVALUE OF IMPORTS
dc.subjectVALUE OF TRADE
dc.subjectVOLUME OF TRADE
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleInstitutions, Infrastructure, and Tradeen
dspace.entity.typePublication
okr.crossref.titleInstitutions, Infrastructure, And Trade
okr.date.doiregistration2025-04-10T10:41:19.711419Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/03/7412729/institutions-infrastructure-trade
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeTrade and Competitiveness
okr.guid622621468338352070
okr.identifier.doi10.1596/1813-9450-4152
okr.identifier.externaldocumentum000016406_20070223142906
okr.identifier.internaldocumentum7412729
okr.identifier.reportWPS4152
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/02/23/000016406_20070223142906/Rendered/PDF/wps4152.pdfen
okr.topicInternational Economics and Trade::Trade Policy
okr.topicEconomic Theory and Research
okr.topicTransport Economics Policy and Planning
okr.topicLaw and Development::Trade Law
okr.topicInternational Economics and Trade::Free Trade
okr.topicTransport
okr.topicInternational Economics and Trade
okr.topicMacroeconomics and Economic Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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