Similar Search Results

Financial integration, globalization, and real activity

De Nicolò, Gianni; Juvenal, Luciana - 2012

distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial … financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …

Persistent link: https://www.econbiz.de/10009490605

Global financial transmission of monetary policy shocks

Ehrmann, Michael (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003363952

Global and regional financial integration in emerging Asia : evidence from stock markets

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; You, Kefei - 2017

This paper employs a price-based measure of integration, namely stock return differentials between ten emerging Asian economies and the US (as an indicator of global integration), as well as Japan and the Asian region (as two alternative indicators of regional integration), to test for mean...

Persistent link: https://www.econbiz.de/10011654611

Corporate Social Responsibility along the global value chain

Herkenhoff, Philipp; Krautheim, Sebastian; Semrau, Finn Ole - 2021

Firms are under increasing pressure to meet stakeholders’ demand for Corporate Social Responsibility (CSR) along their global value chains. We study the incentives for and investments in CSR at different stages of the production process. We analyze a model of sequential production with...

Persistent link: https://www.econbiz.de/10012796989

A counterfactual economic analysis of Covid-19 using a threshold augmented multi-country model

Chudik, Alexander; Mohaddes, Kamiar; Pesaran, M. Hashem; … - 2020

This paper develops a threshold-augmented dynamic multi-country model (TG-VAR) to quantify the macroeconomic effects of Covid-19. We show that there exist threshold effects in the relationship between output growth and excess global volatility at individual country levels in a significant...

Persistent link: https://www.econbiz.de/10012293790

World market access of emerging-market firms : the role of foreign ownership and access to external finance

Raff, Horst; Trofimenko, Natalia - 2013

This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...

Persistent link: https://www.econbiz.de/10009772816

Spreading the good apples out : market entry dynamics of quality-differentiated products

Jaimovich, Esteban; Madzharova, Boryana; Merella, Vincenzo - 2024

This paper examines firms’ market entry strategies for quality-differentiated goods, focusing on both initial and subsequent product-level entry decisions. Using a theoretical framework incorporating nonhomothetic preferences, we show that premium products are more likely to enter wealthier...

Persistent link: https://www.econbiz.de/10015145012

Foreign market access’ role for export quality

Hillrichs, Dorothee - 2025

This paper studies how foreign demand affects product quality specialization in international trade. In a model with non-homothetic CES preferences, firms choose quality levels based on global demand conditions, and countries with better access to high-income markets host more high-end...

Persistent link: https://www.econbiz.de/10015407395

The quantification of structural reforms : taking stock of the results for OECD and non-OECD countries

Égert, Balázs - 2020

This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes. It overviews i.) insights obtained for the linear relationships linking policies and economic outcomes (including multi-factor productivity, capital deepening and employment) for...

Persistent link: https://www.econbiz.de/10012388225

Trends and patterns of growth, development, achievements of China and India : a comparative analysis

Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2016

Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...

Persistent link: https://www.econbiz.de/10011444894