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real geography into account. Countries close to fast growing economies experience faster growth in aggregate demand for …
Persistent link: https://www.econbiz.de/10005155256
higher imports, or the financial channel, via an increase in the net external asset position of these countries. Our results … show that around 50% of the windfall revenue has been used to increase imports, while the rest has been directed towards … perception of a more permanent increase in the price of oil in the context of rising demand, and (ii) the gradualism of the …
Persistent link: https://www.econbiz.de/10005155310
The aim of the paper is to obtain a relaible indicator of the level and growth rate of an economic variable, when there is a trend break. This is a frequent phenomenon and has implications for short-term analysis and forecasting, besides rendering more difficult signal extraction. We propose a...
Persistent link: https://www.econbiz.de/10004981594
Persistent link: https://www.econbiz.de/10005099925
The purpose of this paper is to estimate elasticities of scale in the demand for money by firms using firm level panel …
Persistent link: https://www.econbiz.de/10005590720
We face uncertainty in most economic decisions we take. This is particularly true in the case of a firm entering a foreign market where there is uncertainty about the size of the market, the distribution channels, the adequacy of the firm's product to local tastes, etc. Despite its obvious...
Persistent link: https://www.econbiz.de/10005155213
Despite the general belief among economists on the growth-enhancing role of international trade and significant trade opening over the past 25 years, the growth performance of many developing economies, especially of those in Latin America and Africa, has been disappointing. While this poor...
Persistent link: https://www.econbiz.de/10005138500
consideration. The aim of this paper is showing the results obtained once traditional demand functions for imports and exports of …During the last decades the exchange trade in Spain overseas has experienced a major boost, firstly related to European … changes make the analysis of the conditioning main factors for explaining the evolution of exchange trade flows in Spain by …
Persistent link: https://www.econbiz.de/10008603024
Persistent link: https://www.econbiz.de/10000546928
Persistent link: https://www.econbiz.de/10000601296