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Business Cycles, International Trade and Capital Flows : Evidence from Latin America
Caporale, Guglielmo Maria - 2013
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10013089557
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Substitutability and Protectionism : Latin America's Trade Policy and Imports from China and India
Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri A.; … - 2021
This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the 'protection for sale' model to allow for different...
Persistent link: https://www.econbiz.de/10013317170
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Growth and Volatility of Tax Revenues in Latin America
Fricke, Hans - 2011
Against the background of a notoriously high macroeconomic instability and the need to raise tax revenues to meet the demands of public spending, this paper analyzes the tradeoff between growth and volatility of tax revenues in Latin America. We use a two-step Engle-Granger-type model to...
Persistent link: https://www.econbiz.de/10013130748
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Schooling, Cognitive Skills, and the Latin American Growth Puzzle
Hanushek, Eric A. - 2009
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10013158651
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Engineering Growth : Innovative Capacity and Development in the Americas
Maloney, William F.; Valencia Caicedo, Felipe - 2021
This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...
Persistent link: https://www.econbiz.de/10013315467
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Does Pension Privatization Increase Economic Growth? Evidence from Latin America and Eastern Europe
Altiparmakov, Nikola - 2016
Analyses of pension funding effects on economic growth need to differentiate between ‘carve-out' pension privatization in Latin America and Eastern Europe and typical ‘add-on' pension funding in Western Europe and North America. We find no evidence that pension privatization in Latin America...
Persistent link: https://www.econbiz.de/10012980582
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Economy Wide Impact of the Trade Integration between Japan and India : A Computable General Equilibrium Analysis
Bhattacharyay, Biswanath - 2014
Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The …, the study evaluates the economy wide impact of the proposed CEPA between India and Japan at 2020. The study has used a … India and Japan in 2020 after tariff reduction compared to Business as Usual (BAU) scenario. A marginal export growth is …
Persistent link: https://www.econbiz.de/10013060469
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Border Effects Without Borders : What Divides Japan's Internal Trade?
Wrona, Jens - 2018
This paper identifies a “border” effect in the absence of a border. The finding that trade between East- and West-Japan … contemporaneous structure of Japan's business and social networks, rather than cultural differences, induced by long …
Persistent link: https://www.econbiz.de/10012915201
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Elite Education, Mass Education, and the Transition to Modern Growth
Strulik, Holger - 2015
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10013009852
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Exchange Rate Regime, Financial Market Bubbles and Long-Term Growth in China : Lessons from Japan
Schnabl, Gunther - 2016
constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan – at different points of time – self-fulfilling runs …
Persistent link: https://www.econbiz.de/10012988972