We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports …, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also …

lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …

diversified their economies. Third, to analyze the relationship between diversification, growth, and volatility. …

GDP indicate non-oil export volumes are relatively responsive while service exports are less responsive. Downward … Europe and emerging markets presents further downside risks for exports. The Maghreb countries are particularly sensitive to …

offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of …

components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large …