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Pakistan is widely believed to be underperforming as far as its agricultural export potential is concerned. However … first necessary step in the analysis of Pakistan's comparative advantage in agricultural export markets. However, little or … quantifying the degree of comparative advantage of Pakistan agricultural export products in major overseas markets. This …
Persistent link: https://www.econbiz.de/10012557331
export goods which do not rely on external finance. The authors demonstrate this effect empirically using data on financial … development and export patterns in a panel of 96 countries over the period 1970-99. Using trade data, they construct a summary …
Persistent link: https://www.econbiz.de/10010522171
Agriculture is a small but stable part of the Lebanese economy. Approximately 20 to 25 percent of Lebanon's active population is involved in the sector in one way or another. This note is a synthesis of previous work written on agriculture development in Lebanon and related public expenditures...
Persistent link: https://www.econbiz.de/10012557441
"The Subprime crisis largely resulted from failures to internalize systemic risk evenly across financial intermediaries and recognize the implications of Knightian uncertainty and mood swings. A successful reform of prudential regulation will need to integrate more harmoniously the three...
Persistent link: https://www.econbiz.de/10011394136
"It is so widely recognized that innovation is a key driver of economic growth that it is cliche to say so. This article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing sectors. The author assesses the predictions of...
Persistent link: https://www.econbiz.de/10011394134
"The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country and panel regressions, this paper finds an...
Persistent link: https://www.econbiz.de/10011394156
"Empirical evidence suggests that the higher-order effects of natural disasters, which affect intangible assets, may be even more important than the material inter-industry effects. However, most existing general equilibrium models ignore higher order effects concerning human capital. Moreover,...
Persistent link: https://www.econbiz.de/10011394168
"The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory...
Persistent link: https://www.econbiz.de/10010522202
"A rapidly growing empirical literature is studying the causes and consequences of bank fragility in contemporary economies. The authors reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their...
Persistent link: https://www.econbiz.de/10010522481
"The author presents evidence that balance sheet effects are critical determinants of both the likelihood of a crisis and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis. Both models predict that the occurrence of a balance of...
Persistent link: https://www.econbiz.de/10010522552