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We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business cycles in emerging Asian economies generally displays a low degree of synchronization with the OECD countries, which is consistent with the decoupling hypothesis. By contrast,...
Persistent link: https://www.econbiz.de/10013095773
America, Asia and MENA). It covers the period 1979-2004, and carries out “second-generation” tests for non-stationary panels …
Persistent link: https://www.econbiz.de/10013155428
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more … intermediate inputs for economies in the Asia-Pacific region and examine the impact on domestic producer prices of changes in costs … price dynamics in the Asia-Pacific region …
Persistent link: https://www.econbiz.de/10013054011
emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …
Persistent link: https://www.econbiz.de/10012954357
Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the … toward rising middle class of Asia. To successfully implement the new initiative of “Make in India”, India needs to be …
Persistent link: https://www.econbiz.de/10013009855
ascertain that today's trade issues in Northeast Asia go beyond the traditional mechanisms of tariffs, and include "behind … transaction costs along with trade infrastructure facilities have significant influence on regional trade flows in Northeast Asia …. On average, 10 percent saving in transaction costs increases imports by about 5 percent in Northeast Asia. This paper …
Persistent link: https://www.econbiz.de/10013317394
This study seeks to determine the extent to which the former communist states of Central and South-West Asia are …
Persistent link: https://www.econbiz.de/10013064144
We investigate how tariff liberalization has affected exporting in emerging countries. We use a highly disaggregated bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round and episodes of bilateral liberalization. Our...
Persistent link: https://www.econbiz.de/10013074397
We employ two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal equilibrium exchange rate based on a monetary model....
Persistent link: https://www.econbiz.de/10013079876
either the inflation or the output gap varies in terms of magnitude and/or statistical significance across the high and low … inflation regimes in all countries. In particular, the exchange rate has an impact in the former but not in the latter regime …
Persistent link: https://www.econbiz.de/10012986234