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European and American Regionalism: Effects on and Options for Asia
Anderson, Kym; Snape, Richard H - C.E.P.R. Discussion Papers - 1994
> the European Union (EU) and the North American Free Trade Association (NAFTA). First, is there evidence from the past that … EU membership contribute to, or slow this past trend for increasing economic integration across regions as well as within …
Persistent link: https://www.econbiz.de/10005667022
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Exchange Rate Pass-Through, Domestic Competition, and Inflation: Evidence from the 2005/08 Revaluation of the Renminbi
Auer, Raphael - C.E.P.R. Discussion Papers - 2015
pronounced increase of aggregate US producer price inflation. …
Persistent link: https://www.econbiz.de/10011145441
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Trade linkages and the globalisation of inflation in Asia and the Pacific
Auer, Raphael; Mehrotra, Aaron - C.E.P.R. Discussion Papers - 2014
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …
Persistent link: https://www.econbiz.de/10011083958
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Competition, Globalization and the Decline of Inflation
Chen, Natalie; Imbs, Jean; Scott, Andrew - C.E.P.R. Discussion Papers - 2004
markups. Using disaggregated data for EU manufacturing over the period 1988-2000 we find increased openness exerts a negative … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 … restraint caused by greater imports, assuming unchanged monetary policy, can explain a fall in inflation of up to 0.14% per …
Persistent link: https://www.econbiz.de/10005667140
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It's Not What You Make, It's How You Use IT: Measuring the Welfare Benefits of the IT Revolution Across Countries
Bayoumi, Tamim; Haacker, Markus - C.E.P.R. Discussion Papers - 2002
This Paper analyses the welfare benefits from falling relative prices of IT (Information Technology) goods across a wide range of countries. Using two separate methodologies and datasets, we find that welfare benefits mainly accrue to users of IT, not their producers, because of falling relative...
Persistent link: https://www.econbiz.de/10005124148
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TFPG Controversies, Institutions, and Economic Performance in East Asia
Rodrik, Dani - C.E.P.R. Discussion Papers - 1997
The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has overlooked a fundamental indeterminacy in measurement. As a result, we cannot rule out the possibility that East Asia has in fact experienced a tremendous amount of technological...
Persistent link: https://www.econbiz.de/10005124261
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Dynamic Factor Price Equalization & International Convergence
Francois, Joseph; Shiells, Clinton R. - C.E.P.R. Discussion Papers - 2008
We offer a duality-based methodology for incorporating multi-sector effects of international trade into open economy macroeconomic models, developing the concepts of the dynamic factor price equalization set and the integrated intertemporal equilibrium. Under this approach, the aggregate...
Persistent link: https://www.econbiz.de/10005504202
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Productivity Differences
Acemoglu, Daron; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2000
Many technologies used by the LDCs are developed in the OECD economies and are designed to make optimal use of the skills of these richer countries' workforces. Differences in the supply of skills create a mismatch between the requirements of these technologies and the skills of LDC workers, and...
Persistent link: https://www.econbiz.de/10005114308
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The Global Welfare Impact of China: Trade Integration and Technological Change
di Giovanni, Julian; Levchenko, Andrei A.; Zhang, Jing - C.E.P.R. Discussion Papers - 2013
This paper evaluates the global welfare impact of China's trade integration and technological change in a multi-country quantitative Ricardian-Heckscher-Ohlin model. We simulate two alternative growth scenarios: a "balanced" one in which China's productivity grows at the same rate in each...
Persistent link: https://www.econbiz.de/10011084266
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Does PPP-Adjusted Data Exaggerate the Relative Size of Poor Economies
Honohan, Patrick - C.E.P.R. Discussion Papers - 1998
Conventional PPP-adjusted real output measures, invaluable for making international comparisons of living standards, may greatly exaggerate the productive capacity of poor countries. The equilibrium prices of an hypothetical world of full economic integration provide an instructive basis for...
Persistent link: https://www.econbiz.de/10005656364