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We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States...
Persistent link: https://www.econbiz.de/10013230593
Persistent link: https://www.econbiz.de/10011758943
restate bilateral investment positions to better reflect the true financial linkages connecting countries around the world. We … nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 …
Persistent link: https://www.econbiz.de/10012839470
the state of food insecurity in the world can be assessed from the perspectives of the availability of and the access to …
Persistent link: https://www.econbiz.de/10013085501
We describe the theory and practice of real GDP comparisons across countries and over time. Effective with version 8 …, the Penn World Table (PWT) will be taken over by the University of California, Davis and the University of Groningen, with …
Persistent link: https://www.econbiz.de/10013078590
The relationship between history and economics as academic disciplines is methodologically subtle and sociologically contested. If the Cliometric revolution can be characterized as an acquisition of economics by history, the most recent trends in Historical Economics appear to turn this...
Persistent link: https://www.econbiz.de/10014257164
The paper considers the problem of choosing a multilateral system of index numbers in order to make aggregate price and quantity comparisons between many countries and regions. The problems involved in choosing functional forms in order to make these comparisons are both theoretically and...
Persistent link: https://www.econbiz.de/10013137597
This paper characterizes the frequency domain properties of feedback control rules in linear systems in order to better understand how different policies affect outcomes frequency by frequency. We are especially concerned in understanding how reductions of variance at some frequencies induce...
Persistent link: https://www.econbiz.de/10012758345
The debate between quot;structuralquot; and quot;reduced-formquot; approaches has generated substantial controversy in applied economics. This article reviews a recent literature in public economics that combines the advantages of reduced-form strategies -- transparent and credible...
Persistent link: https://www.econbiz.de/10012769875
Most empirical policy work requires the aggregation of policies. Trade policy aggregation exemplifies the aggregation problem poignantly, with thousands of highly dispersed trade barriers. This paper provides methods of policy aggregation that are consistent with two common objectives of...
Persistent link: https://www.econbiz.de/10012771785