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Gygli, Savina - 2019

country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 …

Persistent link: https://www.econbiz.de/10012892154

The volatility curse: revisiting the paradox of plenty

van der Ploeg, Frederick; Poelhekke, Steven - 2009

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling …. This effect is significant and robust over a wide range of specifications. We unravel the effects of volatility by opening … dependence, physical and institutional barriers to trade and associated policy shocks increase volatility sharply and harm growth …

Persistent link: https://www.econbiz.de/10010276228

Natural disasters and the effect of trade on income: A new panel IV approach

Felbermayr, Gabriel J.; Gröschl, Jasmin - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10010277354

The KOF Globalisation Index - Revisited

Gygli, Savina; Haelg, Florian; Potrafke, Niklas; Sturm, … - 2018

country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 …

Persistent link: https://www.econbiz.de/10012018121

The Dynamics of Outsourcing: From Labor Cost-Saving to Preference-Based Outsourcing

Cheng, Wan-Jung; Riezman, Raymond G.; Wang, Ping - 2020

-based outsourcing may arise in a dynamic world equilibrium. We address this problem in a North-South model in which the outsourcing … that, as both agricultural and manufacturing technologies grow over time, the dynamic world equilibrium switches from the …

Persistent link: https://www.econbiz.de/10012214175

Identifying the Effects of Sanctions on the Iranian Economy Using Newspaper Coverage

Laudati, Dario; Pesaran, M. Hashem - 2021

This paper considers how sanctions affected the Iranian economy using a novel measure of sanctions intensity based on daily newspaper coverage. It finds sanctions to have significant effects on exchange rates, inflation, and output growth, with the Iranian rial over-reacting to sanctions,...

Persistent link: https://www.econbiz.de/10012657923

Identifying the Effects of Sanctions on the Iranian Economy Using Newspaper Coverage

Laudati, Dario; Pesaran, M. Hashem - 2021

Persistent link: https://www.econbiz.de/10013217359

The Dynamics of Outsourcing : From Labor Cost-Saving to Preference-Based Outsourcing

Cheng, Wan-jung - 2020

Persistent link: https://www.econbiz.de/10012834869

Product Variety and Economic Growth - Empirical Evidence for the OECD Countries

Funke, Michael; Ruhwedel, Ralf - 2000

Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 6-digit OECD export...

Persistent link: https://www.econbiz.de/10010314847

Unemployment in the Euro Area and Unconventional Monetary Policy Surprises

Hülsewig, Oliver; Rottmann, Horst - 2022

We examine the impact of the European Central Bank’s monetary policy on the euro area labor markets over the period 2010-2018. Using Jordà’s (2005) local projection method, we find that unemployment rates decline in response to expansionary monetary policy surprises that can be related to...

Persistent link: https://www.econbiz.de/10014241612