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The effect on foreign direct investment of membership in the European Union
Bruno, Randolph; Campos, Nauro; Estrin, Saul - 2020
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the effects of such deep integration differ from other forms and investigates what drives these effects. Using a structural gravity framework on annual bilateral FDI data for almost...
Persistent link: https://www.econbiz.de/10012288695
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Can intra-regional trade act as a global shock absorber in Africa?
Brixiova, Zuzana; Meng, Qingwei; Ncube, Mthuli - 2015
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to output and other shocks originated in the rest of the world. A comparison of two regional economic communities - the East African Community (EAC) and the Southern Africa Customs...
Persistent link: https://www.econbiz.de/10011307945
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On the bilateral trade effects of free trade agreements between the EU-15 and the CEEC-4 countries
Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2008
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10003769782
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Trade and economic growth: theories and evidence from the Southern African Development Community
Farahane, Matias Jaime; Heshmati, Almas - 2020
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...
Persistent link: https://www.econbiz.de/10012290621
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Trade, wages, and productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2008
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10003755333
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Are the East African Community's countries ready for a common currency?
Rusuhuzwa, Thomas Kigabo; Heshmati, Almas - 2022
We use data from online job postings listed on a job board to study how the demand for jobs linked to new technologies during the COVID-19 crisis responded to pandemic mitigation policies. We classify job postings into a standard occupation classification, using text analytics, and we group...
Persistent link: https://www.econbiz.de/10013173227
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Trade and capital flows: substitutes or complements? : an empirical investigation
Belke, Ansgar; Domnick, Clemens - 2019
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012099470
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Does official development assistance affect donor's export? : case of Korea
Noh, Bobae; Heshmati, Almas - 2017
This paper aims to estimate the impact of bilateral Official Development Assistance (ODA) provided by Korea on its bilateral export to recipient countries. The empirical analysis is based on data from 1996 to 2014 with 121 recipient countries. Although the two models of determinants of ODA and...
Persistent link: https://www.econbiz.de/10011612988
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Unequal consequences of COVID-19 across age and income: representative evidence from six countries
Belot, Michèle; Choi, Syngjoo; Tripodi, Egon; Van den … - 2020
been affected across six countries (China, South Korea, Japan, Italy, UK and US). We first document changes in income …
Persistent link: https://www.econbiz.de/10012239013
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The economic burden of chronic diseases : estimates and projections for China, Japan and South Korea
Bloom, David E.; Chen, Simiao; Kuhn, Michael; McGovern, … - 2017
China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular … non-communicable diseases over the period 2010-2030 are $16 trillion for China (measured in real USD with the base year … 2010), $5.7 trillion for Japan, and $1.5 trillion for South Korea. Our results also highlight the limits of cost …
Persistent link: https://www.econbiz.de/10011704338