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Distance, Globalization, and International Trade
Borchert, Ingo - 2017
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10012963770
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Trade Linkages and the Globalisation of Inflation in Asia and the Pacific
Auer, Raphael - 2014
Some observers argue that increased real integration has led to greater co-movement of prices internationally. We examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production networks. Starting with country-level data, we find that...
Persistent link: https://www.econbiz.de/10013054011
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Trade and Investment in the Global Economy
Anderson, James E. - 2017
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state....
Persistent link: https://www.econbiz.de/10012947623
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The Theory of the Firm Goes Global
Marin, Dalia - 2013
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to...
Persistent link: https://www.econbiz.de/10013071383
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The Bazaar Effect, Unbundling of Comparative Advantage, and Migration
Kohler, Wilhelm - 2007
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
Persistent link: https://www.econbiz.de/10012777491
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Economic Growth in Africa : Comparing Recent Improvements with the 'Lost 1980s and Early 1990s' and Estimating New Growth Trends
Leibfritz, Willi - 2013
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa's average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …
Persistent link: https://www.econbiz.de/10013082614
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The Negative Consequences of Overambitious Curricula in Developing Countries
Pritchett, Lant - 2013
. Using data from three recent studies in South Asia and Africa, we show that a majority of students spend years of …
Persistent link: https://www.econbiz.de/10013089159
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Energy Consumption and Economic Growth Revisited in African Countries
Eggoh, Jude Comlanvi - 2014
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10013067360
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Fiscal Policy During Business Cycles in Developing Countries : The Case of Africa
Leibfritz, Willi - 2013
procyclicality Africa's resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009 …
Persistent link: https://www.econbiz.de/10013072104
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A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth
Funke, Michael - 2009
with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …
Persistent link: https://www.econbiz.de/10013158311