Institutions and export dynamics
We study the role of contract enforcement in shaping the dynamics of international trade at the firm level. We develop a theoretical model to describe how agents build reputations to overcome the problems created by weak enforcement of international contracts. We find that, all else equal, exporters start their activities with higher volumes and remain as exporters for a longer period in countries with better contracting institutions. However, conditional on survival, the growth rate of a firm’s exports to a country decreases with the quality of the country’s institutions. We test these predic... Mehr ...
Verfasser: | |
---|---|
Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2012 |
Verlag/Hrsg.: |
Brussels: National Bank of Belgium
|
Schlagwörter: | ddc:330 / F10 / F12 / L14 / Firm Exports / Contract enforcement / Contracting institutions / Firm dynamics / Institutionenökonomik / Vertragsrecht / Internationale Wirtschaftsbeziehungen / Außenwirtschaftsförderung / Export / Belgien |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-26935260 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/144432 |