Similar Search Results

Helping thy neighbour: productivity, welfare and international trade

Nahuis, Niek; Geurts, Ben - EconWPA - 2004

We describe the relation between welfare growth and productivity growth. We argue that differences in productivity and productivity growth between sectors or countries are irrelevant from a policy perspective. Specialisation is based on the comparative advantages of countries. Since, by nature,...

Persistent link: https://www.econbiz.de/10005124907

Do asymmetric terms of trade shocks affect private savings in a transition economy?

Chowdhury, Abdur R. - EconWPA - 2003

This paper examines whether terms of trade shocks have an asymmetric effect on private savings in transition economies … of nature, savings rates can be sensitive to favorable movements in the permanent component of the terms of trade. This … effect on private savings, the magnitude of the effect is relatively small. The results are robust for alternative estimators …

Persistent link: https://www.econbiz.de/10005125030

IS INFLATION ALWAYS AND EVERYWHERE A NON-MONETARY PHENOMENON: EVIDENCE FROM UGANDA

David, KIHANGIRE Asiimwe; Albert, MUGYENYI - EconWPA - 2005

This paper examines the determinants of Uganda’s inflation rate during 1994M7-2005M6. We test the central hypothesis that Uganda’s inflation rate is always and everywhere a non-monetary phenomenon. A theoretical background relating inflation to monetary and other non-monetary factors is...

Persistent link: https://www.econbiz.de/10005125496

Output Fluctuations in Latin America: What Explains the Recent Slowdown?

Herrera, Santiago; Perry, Guillermo; Quintero, Neile - EconWPA - 2000

The object of the paper is to explain Latin America’s growth slowdown experienced in 1998/99. To do so we used two complementary methodologies. The first one aimed at determining how much of the slowdown could be explained by specific external factors, namely, the terms of trade, international...

Persistent link: https://www.econbiz.de/10005126407

International-price and terms-of-trade effects on factor productivity: international comparisons

Sfreddo, Claudio - EconWPA - 2004

In this paper, we present a technique to decompose changes in factor prices into the contribution of major determinants, namely movements in domestic and international prices, changes in capital and labour quantities, and technological progress. This is done in an open-economy framework. While...

Persistent link: https://www.econbiz.de/10005408035

The commodity terms of trade and their strategic implications for development

Ocampo, José Antonio; Parra, María Angela - EconWPA - 2004

Although the empirical literature is not unanimous about the existence of a continuous long-term deterioration in the terms of trade for commodities (the original and most common formulation of the Prebisch- Singer hypothesis) and, hence, about the possibility of inferring their future behaviour...

Persistent link: https://www.econbiz.de/10005556455

THE TERMS OF TRADE FOR COMMODITIES IN THE TWENTIETH CENTURY

Ocampo, Jose Antonio; Parra, Maria Angela - EconWPA - 2004

This paper looks at the evolution of the terms of trade between commodities and manufactures in the twentieth century. A statistical analysis of the relative price series for 24 commodities and of eight indices reveals a significant deterioration in their barter terms of trade over the course of...

Persistent link: https://www.econbiz.de/10005119305

Foreign Direct Investment and International Business Cycle Comovement

Jansen, W. Jos; Stokman, Ad C.J. - EconWPA - 2004

This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more synchronized business cycles during 1995–2001. Before 1995, we...

Persistent link: https://www.econbiz.de/10005076717

Gains and losses: the same or different choices? A “non-ideal” economics approach.

Harin, Alexander - EconWPA - 2005

Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...

Persistent link: https://www.econbiz.de/10005124942

Economic Impact of Capital Flight from Russia and its Institutional Context: Why Capital Controls cannot be a Part of a Pro- Growth Policy.

Kadochnikov, Denis - EconWPA - 2005

The research presented in this paper is undertaken in response to the debate on capital flight from Russia. This debate usually involves discussion of its determinants but misses the question of its ultimate effects on the economy. Lack of understanding of the economic nature of capital flight...

Persistent link: https://www.econbiz.de/10005125555

1
2
3
4
5
6
7
8
9
10
Next
Last