Economic Integration and the Civilising Commerce Hypothesis
Economic integration lowers one form of trade costs, tariffs and stimulates changes in other trade costs. This paper offers a model in which integration may raise or lower the important trade cost associated with insecurity. The model can help to explain the varied experience with integration and it points to the usefulness of combining enforcement-policy integration with trade-policy integration. Copyright 2008 The Author.
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Volume (Year): 31 (2008)
Issue (Month): 1 (01)
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References listed on IDEAS
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