Similar Search Results

Return of the tariffs : the interwar trade collapse revisited

Adam, Marc C. - 2019

Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...

Persistent link: https://www.econbiz.de/10012023385

Natural resources, demand for external finance and financial development

Hattendorff, Christian - 2014

affects financial development. This is done with cross-sectional and panel analysis, using an instrument for credit demand …

Persistent link: https://www.econbiz.de/10010433905

The Effect of Aid on Growth : Evidence from a Quasi-Experiment

Galiani, Sebastian - 2016

The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...

Persistent link: https://www.econbiz.de/10012456511

Trade, Investment, and Growth : Nexus, Analysis, and Prognosis

Krishna, Kala - 1998

This paper looks at the patterns of causation between income, export, import, and investment growth for 25 developing countries. Our approach differs from previous efforts in a number of ways. First, we examine each country individually in order to allow for complete heterogeneity and properly...

Persistent link: https://www.econbiz.de/10012471951

Trade and Growth : An Empirical Investigation

Frankel, Jeffrey A. - 1996

Countries' geographic characteristics have important effects on their trade, and are plausibly uncorrelated with other determinants of their incomes. This paper therefore constructs measures of the geographic component of countries' trade and uses those measures to obtain instrumental variables...

Persistent link: https://www.econbiz.de/10012473383

Epidemic trade

Börner, Lars; Severgnini, Battista - 2011

This paper studies the spread of the Black Death as a proxy for the ow of medieval trade between 1346 and 1351. The Black Death struck most areas of Europe and the wider Mediterranean. Based on a modified version of the gravity model, we estimate the speed (in kilometers per day) of transmission...

Persistent link: https://www.econbiz.de/10009242313

German wage moderation and European imbalances : feeding the global VAR with theory

Bettendorf, Timo; León-Ledesma, Miguel A. - 2015

German labor market reforms in the 1990s and 2000s are generally believed to have driven the large increase in the dispersion of current account balances in the Euro Area. We investigate this hypothesis quantitatively. We develop an open economy New Keynesian model with search and matching...

Persistent link: https://www.econbiz.de/10011292316

Estimating Gravity from the Short to the Long Run : A Simple Solution to the 'International Elasticity Puzzle'

Anderson, James E.; Yotov, Yoto - National Bureau of Economic Research - 2022

We propose a simple and flexible reduced-form econometric approach to estimate gravity models in the short and the long run. The theoretical lens for interpreting our methods amends the canonical Lucas-Prescott adjustment formulation to allow for time-interval-varying...

Persistent link: https://www.econbiz.de/10013477301

The fade away effect of initial nonresponse bias in regression analysis

Alho, Juha M.; Rendtel, Ulrich; Khan, Mursala - 2023

High nonresponse rates have become a rule in survey sampling. In panel surveys there occur additional sample losses due … to panel attrition, which are thought to worsen the bias resulting from initial nonresponse. However, under certain … conditions an initial wave nonresponse bias may vanish in later panel waves. We study such a "Fade away" of an initial …

Persistent link: https://www.econbiz.de/10013494126

Spatial multivariate regressions with panel data

Mendonça, Mário Jorge; Medrano, Luis Alberto Toscano - 2016

We develop a new Bayesian estimator that is able to deal with multivariate panel data structure in the presence of … spatial correlation. The analysis of panel data introduced here allows us to analyze not only the fixed effect but also the …

Persistent link: https://www.econbiz.de/10012059270