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Quota Brokers
International Monetary Fund - 2004
This paper examines the role of middlemen (brokers) in an imperfect secondary market for quota licenses. Middlemen facilitate trade when markets are thin, as potential buyers and sellers find it difficult to meet and transact directly. However, in thin markets, middlemen also have the ability to...
Persistent link: https://www.econbiz.de/10014404111
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Trade Policy and Market Structure Interactions in Developing Countries
International Monetary Fund - 1989
This paper shows that the presence of quotas on imported inputs that are based on installed capacity can lead to capacity underutilization in manufacturing industries of developing countries. A replacement of such quotas, by tariffs leads to full capacity utilization under assumptions of both...
Persistent link: https://www.econbiz.de/10014396017
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Trade Costs and Location of Foreign Firms in China
International Monetary Fund - 2005
This study examines the determinants of entry into by foreign firms, using information on 515 Chinese industries at the provincial level during 1998-2001. The analysis, rooted in the new economic geography, focuses on market and supplier access within and outside the province of entry, as well...
Persistent link: https://www.econbiz.de/10014400961
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Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful?
International Monetary Fund - 2005
diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the …
Persistent link: https://www.econbiz.de/10014399872
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Asia Rising : A Sectoral Perspective
International Monetary Fund - 2007
This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …
Persistent link: https://www.econbiz.de/10014401163
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Interpreting Real Exchange Rate Movements in Transition Countries
International Monetary Fund - 2001
that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …
Persistent link: https://www.econbiz.de/10014403602
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Republic of Estonia : Selected Issues
International Monetary Fund - 2006
This paper assesses Estonia’s flexibility from two angles. The paper focuses on one aspect of that performance—the ability to sustain competitiveness. Then, a more forward-looking angle is the flexibility of Estonia’s labor and product markets. Estonia has made great progress in achieving...
Persistent link: https://www.econbiz.de/10014404653
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Republic of Estonia : Selected Issues
International Monetary Fund - 2007
This Selected Issues paper on the Republic of Estonia highlights its growth performance relative to other countries in the European Union (EU). Estonia has experienced a period of unprecedented growth since the mid-1990s. Between 1995 and 2005, Estonia’s real GDP per capita rose by an average...
Persistent link: https://www.econbiz.de/10014404814
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Republic of Estonia : Selected Issues
International Monetary Fund - 2004
This Selected Issues paper examines developments in Estonia’s expanding net external obligations, as well as in domestic income flows and balance sheets. The paper discusses external current account and net international investment positions. Domestic investment and saving and balance sheet...
Persistent link: https://www.econbiz.de/10014406461
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Republic of Estonia : Selected Issues
International Monetary Fund - 2009
This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two …-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit …
Persistent link: https://www.econbiz.de/10014406738