Showing 1 - 10 of 77
This paper explores the economic impacts of preferential trade agreements, conditional on their level of ambition. We cluster 278 agreements, encompassing 910 provisions over 18 policy areas and estimate the trade elasticity for the different clusters. We then use these elasticities in a series...
Persistent link: https://www.econbiz.de/10013305568
In this paper we quantify the Cost of Non-Europe, i.e. the trade-related welfare losses that would occur under different scenarios of undoing the European Union. Thirty years after the terminology of Non-Europe was used to give estimates of the gains from further integration, we use modern...
Persistent link: https://www.econbiz.de/10012921952
This paper develops a method to measure difficulties in market access over a large set of countries (both developing and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to estimate the impact of national borders on global and regional...
Persistent link: https://www.econbiz.de/10013112665
This study focuses on the impact of financial inclusion and bank concentration on the performance of firms in developing and emerging countries. Using firm-level data for a sample of 55,596 firms in 79 countries, we find that financial inclusion, i.e. the distribution of financial services...
Persistent link: https://www.econbiz.de/10012964847
some previous studies, we find that the relation between entry barriers and productivity is negative. This relation is …
Persistent link: https://www.econbiz.de/10013119082
constraints act as a barrier to firm export expansion by decreasing the firm ability to finance the entry costs into new export … information on export destinations of individual firms and allows us to construct various firm-level measures of financial … of newly served destinations. Second, higher probability of exit from the export market is also associated with credit …
Persistent link: https://www.econbiz.de/10013125601
In most advanced economies, both real interest rates and productivity growth have decreased since the early 1990s. In … this paper, we explore the mechanism whereby a circular relationship links these two quantities. While productivity is a … the expected return from investment projects, and thus of the productivity level required for investment. In our model …
Persistent link: https://www.econbiz.de/10012860721
second part of our analysis, we estimate the impacts of our new measures on Total Factor Productivity (TFP) in the framework …
Persistent link: https://www.econbiz.de/10012921949
The productivity slowdown has been analysed as an effect of weaker technological progress, of the digital economy or of … frontier, productivity has accelerated, especially over the recent period, which contradicts the hypothesis of a decline in …' productivity does not seem to have slowed down in the 2000s, which does not confirm the hypothesis of a decrease in the …
Persistent link: https://www.econbiz.de/10012926458
fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor …-intensive inputs to the labor-abundant countries than low-productivity firms. Differently from the traditional versions of factor … in skill intensity that is positively correlated with firm productivity. Using French firm-level data for the years 1996 …
Persistent link: https://www.econbiz.de/10013010085