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Learning, political regimes and the liberalization of trade | |
COVADONGA MESEGUER YEBRA Abel Escribà-Folch | |
Acceso Abierto | |
Atribución-NoComercial-SinDerivadas | |
Free trade -- 1970-1999 -- Econometric models. | |
We relate the probability of opening to trade with countries’ propensity to learn from other countries in the same region. We argue that countries have different motivations to learn, depending on how responsive and accountable their political regimes are. Whereas democracies cannot afford being dogmatic, authoritarian regimes are less motivated to learn from the experience of others, even if they embrace policies that fail. Using data on trade liberalization for fifty-seven developing countries in the period 1970-1999, we find that democracies confronting economic crises are more likely to liberalize trade as a result of learning; among democracies, presidential systems seem to learn more, whereas personalist dictatorial regimes with their small winning coalitions are the most resistant to the lessons that the experience of others offer. | |
Centro de Investigación y Docencia Económicas A. C. | |
2009 | |
Documento de trabajo | |
Inglés | |
Estudiantes Investigadores | |
CIENCIAS SOCIALES | |
Versión publicada | |
publishedVersion - Versión publicada | |
Aparece en las colecciones: | División de Estudios Internacionales, Documentos de Trabajo |
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