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"External exposure can be measured by the sensitivity of first and second moments of economic growth to openness and foreign shocks. This paper provides an empirical evaluation of external exposure using panel data methods for a worldwide sample of countries. Controlling for domestic conditions,...
Persistent link: https://www.econbiz.de/10010522467
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How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization...
Persistent link: https://www.econbiz.de/10010524100
In 2008 the Government of Pakistan agreed with the International Monetary Fund (IMF) to increase the tax/Gross Domestic Product (GDP) ratio by 3.5 percentage points over the medium term. This commitment has rekindled the debate regarding the agricultural income tax. Advocates of an agricultural...
Persistent link: https://www.econbiz.de/10012557330
"The current account can be understood as the outcome of investment decisions made by domestic and foreign investors. These decisions can be decomposed into a portfolio rebalancing and a portfolio growth component. This paper provides empirical evidence of the importance of portfolio rebalancing...
Persistent link: https://www.econbiz.de/10011394155
successful institutional reform and productivity growth are likely to lead to more negative net foreign asset positions than …
Persistent link: https://www.econbiz.de/10010522399
interpreted as reflecting exogenous changes in perceived or real productivity, while budget deficits are usually understood as a …
Persistent link: https://www.econbiz.de/10010522528
Persistent link: https://www.econbiz.de/10003640788
small firms. Measures to boost the productivity of micro and small firms in general will both help overall economic growth …
Persistent link: https://www.econbiz.de/10011393388
productivity of small informal firms. Using data from firm surveys, national household surveys, and qualitative data from focus … groups, the study conducts a gender analysis of formality and productivity in six different sectors in Bolivia. The findings … productivity and scale of women-owned businesses. Two general priorities emerge: promoting women's access to productive assets to …
Persistent link: https://www.econbiz.de/10011393399