Showing 1 - 10 of 28
With China's share in global trade increasing rapidly, some argued in 2002-03 that China was exporting deflation to …
Persistent link: https://www.econbiz.de/10005263709
This paper assesses the extent to which crashes in emerging market currencies are predictable using simple logit models based on lagged macroeconomic and financial data. To evaluate our model, we calculate trading strategies in which an investor goes long or short in the currency depending on...
Persistent link: https://www.econbiz.de/10005825803
A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun impact on the real exchange rate. A decline in the traded sector occurs because...
Persistent link: https://www.econbiz.de/10005825842
Hicksian measure). The distinction between the two measures is important to the extent that trade patterns are inconsistent …
Persistent link: https://www.econbiz.de/10005825862
This paper analyzes export performance in the Middle East and North Africa (MENA) using a gravity model applied to panel data. It addresses two questions: (i) are there significant unexploited export markets for the MENA region?; and (ii) have integration efforts with the EU since the mid-1990s...
Persistent link: https://www.econbiz.de/10005825913
, the external terms of trade, and productivity in the manufacturing sector. A once-and-for-all unit increase in the ratio …
Persistent link: https://www.econbiz.de/10005825972
The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of...
Persistent link: https://www.econbiz.de/10005825986
if China's relative presence continues to rise in the regional trade. …
Persistent link: https://www.econbiz.de/10005826046
India's exports nearly tripled in the 1990s. Decomposing export growth shows that it has been driven by incumbent firms rather than the entry of new firms. By using a new panel on Indian firms and estimating a dynamic discrete-choice model of the firm's decision to export, we find evidence that...
Persistent link: https://www.econbiz.de/10005826229
The paper analyses the potential trade impact of the forthcoming East African Community (EAC) customs union. It … examines the trade linkages among the member countries of the EAC and the extent to which the introduction of the EAC common … external tariff will liberalize their trade regimes. To gauge the potential trade impact of the formation of the customs union …
Persistent link: https://www.econbiz.de/10005826317