Showing 1 - 10 of 995
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling … for initial income per capita, population growth, human capital, investment, openness and natural resource dependence … the black box and conditioning the variance of growth shocks on several country characteristics. Natural resource …
Persistent link: https://www.econbiz.de/10010276228
We examine the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries vis-à-vis 69 exporters. Competition...
Persistent link: https://www.econbiz.de/10010264318
This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in …
Persistent link: https://www.econbiz.de/10010264092
corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource … exports are no longer significant while the value of subsoil assets has a significant positive effect on growth. But the World … longer significant. However, the same evidence suggests that resource exports or rents boost growth in stable countries, but …
Persistent link: https://www.econbiz.de/10010270478
introducing three indicators of uncertainty for export markets, we investigate their effects on economic growth. We find that all … destinations leads to a slower growth rate of up to two quarters. Pandemic-induced uncertainty negatively affects economic growth …
Persistent link: https://www.econbiz.de/10012269474
introducing three indicators of uncertainty for export markets, we investigate their effects on economic growth. We find that all … destinations leads to a slower growth rate of up to two quarters. Pandemic-induced uncertainty negatively affects economic growth …
Persistent link: https://www.econbiz.de/10012828978
Rising current account and merchandise trade imbalances marked the years before the global financial and economic crisis. These imbalances either contributed to or precipitated the crisis and to the extent that they create systemic risks, it is desirable that they be reduced. There are many...
Persistent link: https://www.econbiz.de/10010291488
Using the new unit root test by Phillips et al. (2011) we show that the Target balances of the German Bundesbank have been exploding from the beginning of 2009 to the beginning of 2013. By implementing a full-allotment policy and reducing the required minimum quality of collaterals in October...
Persistent link: https://www.econbiz.de/10010316993
We develop a dynamic general equilibrium framework with firm heterogeneity and monopsonistic labour markets, for quantification of the impact of trade and FDI liberalisation episodes. Firms make standard extensive margin investment choices into exporting and multinational statuses. The labour...
Persistent link: https://www.econbiz.de/10014290157
Previous empirical research has assumed that goods trade responds to goods trade preferentialism only, while other forms of preferentialism – such as services trade or investment preferentialism – are irrelevant for goods trade. This paper provides novel evidence for the gains from a broader...
Persistent link: https://www.econbiz.de/10010293903