摘要:Institutions got great consideration in 1990s as a significant factor that can affect the economic prosperity of countries. With the reason, that several countries with the same endowments and geographic characteristics, were experiencing different level of growth levels. International trade being important factor economic development is also affected by the institutions. This paper inspects the effect of different institutions of Pakistan like Business Freedom, Freedom from Corruption, Trade Freedom, Property Rights, and Monetary Freedom is tested on the international trade of Pakistan. For this purpose, Multiple Linear Regression Model is used. The study concludes that all the institutions have significant impact on the global trade of Pakistan.
关键词:Institutions; Economic Freedom; Business Freedom; Freedom from Corruption; Trade Freedom; Property Rights; International Trade