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Politicians travel extensively abroad, for various reasons. One purpose of external visits is to improve bilateral economic relations. In this paper, I examine the effect of state visits on international trade. I use a large data set covering the travel activities of the heads of state of...
Persistent link: https://www.econbiz.de/10003202927
We assess the impact of China's bilateral political relations with three main trading partners-the US, Germany, and the UK-on current account balances and exchange rates, over the 1960Q1-2022Q4 period. Relying on the lag-augmented VAR approach with time-varying Granger causality tests, we find...
Persistent link: https://www.econbiz.de/10014443830
its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non …
Persistent link: https://www.econbiz.de/10012213052
We review recent research linking international trade to the environment, with a focus on new results and methods. The review is given structure by a novel decomposition linking changes in emissions to changes in productive activity at the plant, firm, industry, and national levels. While some...
Persistent link: https://www.econbiz.de/10011544125
International trade is highly imbalanced both in terms of values and in terms of embodied carbon emissions. We show that the persistent current value trade imbalance patterns contribute to a higher level of global emissions compared to a world of balanced international trade. Specifically, we...
Persistent link: https://www.econbiz.de/10014414198
This study concentrates on the signal approach for Kazakhstan. It focuses on the properties of individual indicators … in 2009 is signalled in advance. -- currency crises ; leading economic indicators ; signal approach ; Kazakhstan …
Persistent link: https://www.econbiz.de/10003883094
-prudential indicators. The system will be tested using a case study referring to Kazakhstan. The main novelty of the study lies in designing … economic environment of Kazakhstan and in studying the interaction of these composite indicators. An additional innovation is … data which until now have not been used much in this area of research. -- banking crisis ; leading indicators ; Kazakhstan …
Persistent link: https://www.econbiz.de/10003897420
Persistent link: https://www.econbiz.de/10003496805
We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...
Persistent link: https://www.econbiz.de/10011565667
This paper investigates the economic returns to language skills and bilingualism. The analysis is staged in Kazakhstan …
Persistent link: https://www.econbiz.de/10010438031