Showing 1 - 10 of 118
, investment, capital stock and current account. The saving rate is determined according to an estimated equation which suggests … deficits depending on the degree of capital account openness. Business sector investment is derived from the capital stock … baseline scenario, but a public investment shock can be simulated in alternative scenarios. The current account balance is …
Persistent link: https://www.econbiz.de/10011823725
Persistent link: https://www.econbiz.de/10009569763
Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process. High consumer price inflation and a wide current account deficit are sources of vulnerability. Even though below-potential growth helps rebalancing and disinflation, these...
Persistent link: https://www.econbiz.de/10010464946
This paper explores the effects of offshoring, technology and Chinese import competition on labor market polarization … we also find some tentative evidence that Chinese import competition contributed as well. In other private industries … find that Chinese import competition contributed to the decline of employment in the less polarized manufacturing …
Persistent link: https://www.econbiz.de/10011793081
This paper examines how import penetration affects firms' productivity growth taking into account the heterogeneity in … large number of OECD countries, the analysis reveals non-linear effects of both sectoral import penetration and de jure … consistent with a neo-Schumpeterian view of trade and regulation. Close to the technology frontier, import competition has a …
Persistent link: https://www.econbiz.de/10009690932
Persistent link: https://www.econbiz.de/10009684389
International grain prices experienced a sharp increase during the 2020/2021 marketing season, most likely due to the unprecedented increase of imported grains by China. What would be the possible impact on international grain markets if China remains a strong grain importer? The scenario...
Persistent link: https://www.econbiz.de/10012886682
associated with large changes in trade balances and despite the polarisation of international investment positions large currency …
Persistent link: https://www.econbiz.de/10011392842
Persistent link: https://www.econbiz.de/10009614161