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manufacturing and pre-existing trade links with China and India help advanced countries to maximise the growth dividend resulting …This paper evaluates the impact of the rise of large emerging manufacturing exporters such as China and India on … based on 3-year average data augmented with country-specific measures of import and export competition from China and India …
Persistent link: https://www.econbiz.de/10011605665
countries. We test how trade costs dampen the effect of real exchange rate movements on bilateral exports, and show that the … results are highly consistent with the existence of an hysteresis effect of real exchange rate movements on trade, as …
Persistent link: https://www.econbiz.de/10011604966
This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro’s influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …
Persistent link: https://www.econbiz.de/10011604987
The purpose of this paper is to explain the relation between the Border Effect and industrial concentration. This is achieved by founding this relation on the Home Market Effect and testing the robustness of this foundation through an application to the European Single Market. A sectorial...
Persistent link: https://www.econbiz.de/10011605162
substantial empirical evidence for the existence of such an intertemporal trade-off for 45 industrialised and emerging market …
Persistent link: https://www.econbiz.de/10011604394
We investigate the impact of movements in the real exchange rate on economic growth based on five-year average data for a panel of over 150 countries in the post Bretton Woods period. Unlike previous literature, we use external instruments to deal with possible reverse causality from growth to...
Persistent link: https://www.econbiz.de/10011605966
This paper develops composite indicators of financial integration within the euro area for both price-based and quantity-based indicators covering money, bond, equity and banking markets. Prior to aggregation, individual integration indicators are harmonised by applying the probability integral...
Persistent link: https://www.econbiz.de/10012142163
This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export … effect of trade openness on growth volatility. Indeed, the effect of openness on volatility is shown to be negative for a …
Persistent link: https://www.econbiz.de/10013098217
at the EMU periphery. It identifies international trade, international capital flows and macroeconomic stability as …
Persistent link: https://www.econbiz.de/10012773503
We investigate the impact of movements in the real exchange rate on economic growth based on five-year average data for a panel of over 150 countries in the post Bretton Woods period. Unlike previous literature, we use external instruments to deal with possible reverse causality from growth to...
Persistent link: https://www.econbiz.de/10012988596