Commerce and institutions: Trade, scope, and the design of regional economic organizations

Commerce and institutions: Trade, scope, and the design of regional economic organizations
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商业和机构:贸易、范围和区域经济组织的设计

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发表时间:
2013
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通讯作者:
Yoram Z. Haftel
Yoram Z. Haftel
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文献类型:
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作者:
Yoram Z. Haftel

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当前区域经济组织的设计非常多样化。一些区域经济办事处处理许多经济问题,而另一些区域经济办事处只有有限的任务。一些区域选举事务处有独立的官僚机构和合法的争端解决机制,而另一些则没有。是什么决定了这种制度差异?制度主义者认为这些机构是产生对基于规则的区域合作的可信承诺的手段,认为商业联系的强度决定了区域制度化和机构独立性。许多研究质疑这种逻辑,认为它是“天真的”。然而,关于商业、经济范围和区域制度之间联系的经验证据却很少。使用原始数据集,包含详细的信息的经济活动和制度结构的28个区域经济组织在三十年,本文提出了第一个系统的分析,这些关系之一。实证分析表明,制度主义的智慧毕竟是正确的。它表明,更高水平的区域贸易与更大的制度化和经济范围相关联,但只有当执行签署的协议是占,区域商业和更大的经济范围与更独立的官僚机构和更多的合法化DSM。
The design of current regional economic organizations (REOs) is remarkably diverse. Some REOs address numerous economic issues, while others have only limited mandates. Some REOs have an independent bureaucracy and a legalized dispute settlement mechanism (DSM), while others do not. What determines this institutional variation? Thinking about these institutions as devices that generate credible commitment to a rule-based regional cooperation, institutionalists maintain that the intensity of commercial ties determine regional institutionalization and institutional independence. A number of studies question this logic and argue that it is “naïve.” Empirical evidence on the links between commerce, economic scope, and regional institutions is scant, however. Using an original data set that contains detailed information on the economic activities and institutional structure of twenty-eight REOs over three decades, this paper presents one of the first systematic analyses of these relationships. The empirical analysis indicates that the institutionalist wisdom is right after all. It shows that higher levels of regional trade are associated with greater institutionalization and economic scope, but only if implementation of signed agreements is accounted for, and that regional commerce and greater economic scope are associated with more independent bureaucracies and more legalized DSMs.