Title: Trade integration, institutions and export specialization
Other Titles: Trade integration, Institutions and export specialisation
Authors: CrabbĂ©, Karen
Beine, Michel
Vandenbussche, Hylke
Issue Date: 2007
Conference: Midwest Theory and Trade meetings location:Twin Cities Campus of the University of Minnesota, USA date:20-22 April 2007
Abstract: Traditional and new trade theories predict increasing specialization as trade costs are reduced. Moreover, a growing literature points out the importance of institutions for trade and economic performance. This paper combines both literatures and investigates the empirical link between trade integration, institutions and export specialization. We study the evolution of export specialization in thirteen Central European countries over the period 1989-2000 as a result of decreasing tariffs and institutional reforms. Our estimates indicate that a reduction in tariffs between EU15 and Central Europe results in increased export specialization in Central Europe. In addition to trade integration, our results show that institutional reforms and in particular enterprise reforms such as credit and subsidy policies speed up export specialization signiffcantly.
Publication status: published
KU Leuven publication type: IMa
Appears in Collections:Research Center Accountancy, Leuven
LICOS - Centre for Institutions and Economic Performance, Leuven
Formerly "Subfaculteit Antwerpen/Handelswetenschappen - TM A"

Files in This Item:
File Description Status SizeFormat
mwit2007-47.%5b1%5d.pdf Published 269KbAdobe PDFView/Open


All items in Lirias are protected by copyright, with all rights reserved.