Title: Institutional Quality Analysis of Trade Policy:A Literature Review Based on Institutional Stability
Abstract: The institutional quality analytical framework of trade policy should consist of not only the analysis of institutional effectiveness but also the analysis of institutional stability.The importance of trade institutional stability lies that it is needed by long-run economic growth,and what's more,it is the necessary condition of for the trade institutional change to enter the ladder type ascending evolution channel.The equilibrium of trade institutional stability mainly depends on interest group,political risk,rational expectations and policy commitment.It will indirectly influence the trade development and economic growth through the channel of investment,trade,economic reform etc.So we should spare no pains to construct the institutional quality analytic system with Chinese characteristics,which includes the policy stability,to guide China's trade institution development,which includes a variety of problems like its path dependence,quality promotion and system construction.And this will be an important direction for follow-up study.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
Access and Citation
Cited By Count: 1
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot