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Economic Globalisation and Africa's Quest for Greener and More Inclusive Growth : The Missing Link

Ofori, Isaac K; Freytag, Andreas; Asongu, Simplice A. - 2023

This study examines the contingency and threshold effects of economic freedom in the economic globalisation (EG) and inclusive green growth (IGG) relationship in Africa. Based on macro data for 22 African countries and the Driscoll-Kraay standard errors with fixed effects instrumental variable...

Persistent link: https://www.econbiz.de/10014347989

The Global Effects of COVID-19-Induced Uncertainty

Caggiano, Giovanni - 2020

We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world industrial production to simulate the effects of the jump in financial uncertainty observed in correspondence of the Covid-19 outbreak. We predict the cumulative loss in world...

Persistent link: https://www.econbiz.de/10012834352

Globalization in the Time of COVID-19

Sforza, Alessandro - 2020

The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...

Persistent link: https://www.econbiz.de/10012837986

Globally Engaged Firms in the COVID-19 Crisis

Constantinescu, Cristina; Fernandes, Ana M.; Poupakis, … - 2022

This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...

Persistent link: https://www.econbiz.de/10013291442

Globalization and Outbreak of COVID-19 : An Empirical Analysis

Farzanegan, Mohammad Reza - 2020

The purpose of this study is to examine the relationship between globalization, Coronavirus Disease 2019 (COVID-19 … countries with higher levels of socio-economic globalization are exposed more to COVID-19 outbreak. Nevertheless, globalization … cannot explain cross-country differences in COVID-19 confirmed deaths. The fatalities of coronavirus are mostly explained by …

Persistent link: https://www.econbiz.de/10012832195

COVID-19 shocking global value chains

Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2021

In early 2020, the disease Covid-19 caused a drastic lockdown of the Chinese economy. We use a quantitative trade model with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through international trade and global value chains (GVCs). We find...

Persistent link: https://www.econbiz.de/10013315297

Characterizing Sustainability in Discrete Time

Asheim, Geir B. - 2018

We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...

Persistent link: https://www.econbiz.de/10012908689

Tracking Weekly State-Level Economic Conditions

Baumeister, Christiane; Leiva-Leon, Danilo; Sims, Eric R. - 2021

In this paper, we develop a novel dataset of weekly economic conditions indices for the 50 U.S. states going back to 1987 based on mixed-frequency dynamic factor models with weekly, monthly, and quarterly variables that cover multiple dimensions of state economies. We show that there is...

Persistent link: https://www.econbiz.de/10013220135

Is There Job Polarization in Developing Economies? A Review and Outlook

Martins-Neto, Antonio; Mathew, Nanditha; Mohnen, Pierre; … - 2022

This paper analyses the evidence of job polarization in developing and emerging economies. We carry out an extensive literature review, revealing that job polarization in these countries is only incipient compared to other advanced economies. We then examine the possible moderating aspects...

Persistent link: https://www.econbiz.de/10013312077

Tear down this wall : on the persistence of borders in trade

Nitsch, Volker; Wolf, Nikolaus - 2009

evolution of intra-German trade flows after reunification then provides new insights for both the globalization and border …

Persistent link: https://www.econbiz.de/10010266027

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