Trade Openness and Democracy: The Case of Gabon

Assoumou Ondo
2017 Modern Economy  
This article analyzes the relation between trade openness and democracy in Gabon. Unlike traditional approaches based on the estimation of linear gravity models, we first estimate a nonlinear model characterizing the relation between democracy and trade openness. We then determine an optimal threshold beyond which democracy has a positive effect on trade openness in Gabon.
doi:10.4236/me.2017.82013 fatcat:bs7a56fl5fdthhgereubef4oh4