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Consumption and Aggregate Constraints: International Evidence

DeJuan, Joseph; Luengo-Prado, Maria J. - EconWPA - 2005

sensitivity to lagged region-specific income. Also, excess sensitivity is inversely related to standard measures of openness and …

Persistent link: https://www.econbiz.de/10005126188

Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation

Söderbom, Måns; Teal, Francis - EconWPA - 2004

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … 1970-2000 period. Controlling for fixed effects as well as endogeneity, the results show a significant effect of openness … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will …

Persistent link: https://www.econbiz.de/10005556098

A NOTE ON INCOME CONVERGE EFFECTS IN REGIONAL INTEGRATION AGREEMENTS

Carmignani, Fabrizio - EconWPA - 2005

This paper investigates the extent of per-capita income convergence in regional integration initiatives. Panel unit root testing is performed on 28 regional groupings. There is evidence of convergence in South- South integration, but this might be taking place to the bottom.

Persistent link: https://www.econbiz.de/10005062610

A Comprehensive Analysis of Economic Community in East Asia: Japan's Leadership in the Regional Development on both Economic and Financial Sides

Kitagawa, Masaomi - EconWPA - 2005

East Asian nations are currently undertaking the future development of an economic community by creating a viable framework for closer cooperation and deeper integration. However, the intractable problem is that there are a lot of diversities and heterogeneity that have prevented the East Asian...

Persistent link: https://www.econbiz.de/10005408050

Are Preferential Trade Agreements with Non-trade Objectives a Stumbling Bloc for Multilateral Liberalization?

Limão, Nuno - EconWPA - 2002

Increasingly, in regional agreements, large economies, e.g. U.S. and E.U., offer lower trade barriers in exchange for cooperation by small economies in environmental, intellectual property and other issues. What is the effect of such agreements on multilateral trade liberalization? We show that,...

Persistent link: https://www.econbiz.de/10005556407

Regional Trade Integration in East Africa: Trade and Revenue Impacts of the Planned East African Community Customs Union

Castro, Lucio - EconWPA - 2005

The paper provides empirical estimates for import and revenue implications that would follow implementation of the planned customs union between the East African Community member states Kenya, Tanzania, and Uganda. We use 2002 trade and trade policy data for the three countries to simulate the...

Persistent link: https://www.econbiz.de/10005556453

New Zealand: A Typical Australasian Economy?

Grimes, Arthur - EconWPA - 2005

We examine trend economic developments in New Zealand and in each of Australia’s six states and two territories (i …

Persistent link: https://www.econbiz.de/10005076558

Recovery from Depression: Australia in an Argentine Mirror: 1895- 1913

McLean, Ian W. - EconWPA - 2005

The recovery from the 1890s depression in Australia was prolonged, and economic growth 1895-1913 was below that in the … comparable settler economies of Argentina and Canada. Why? Australia’s hesitant initial recovery is typically attributed to the …

Persistent link: https://www.econbiz.de/10005124971

An Estimated, New Keynesian Policy Model for Australia

Melecky, Martin; Buncic, Daniel - EconWPA - 2005

A two-block open economy model is estimated in this paper using Australian and U.S. data. Evaluation of the estimated model is carried out in relation to a simple closed economy alternative. Namely, we inspect the implied transmission mechanisms, and examine the relative out-of-sample...

Persistent link: https://www.econbiz.de/10005125001

Radiocommunications

Commission, Productivity - EconWPA - 2003

On 16 July 2001 the Assistant Treasurer referred a range of legislation and associated regulations relating to spectrum management processes which are provided for under radiocommunications and other legislation, for inquiry and report.The Commission made a series of recommendations designed to...

Persistent link: https://www.econbiz.de/10005135050