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Trade Openness and Democracy: The Case of Gabon
CIREGED, Omar Bongo University, Libreville, Gabon
- 1 CIREGED, Omar Bongo University, Libreville, Gabon
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Abstract
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.
KeywordsTrade OpennessDemocracyNonlinear Relation
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