Showing 1 - 10 of 24
We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … robust for different estimators and financial development measures-suggest that inflation presented deleterious effects on … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for …
Persistent link: https://www.econbiz.de/10010265091
This study aims at evaluating the relation between South-South trade agreements, location of production and inequality in Latin Amer- ican RTAs. Following Sanguinetti et al.(2004) and Midelfart-Knarvik et al.(2000), an empirical model will be estimated to check whether industry localization was...
Persistent link: https://www.econbiz.de/10010265058
This paper evaluates the static effects of preferential agreements between several economic blocs and areas using a dynamic gravity equation. The main aim is to investigate whether regionalism has fostered intra or/and extra blocs international trade, taking into account the existence of...
Persistent link: https://www.econbiz.de/10010291867
In this article we present evidence of the long-run effect of trade openness on income per worker for two regions that have followed different liberalization strategies, namely Asia and Latin America. A model that re-examines these questions is estimated for two panels of Asian and Latin...
Persistent link: https://www.econbiz.de/10010332686
This is one of the first studies which systematically investigate whether specific characteristics of foreign affiliates that reflect their MNE investment motivations prolong or undermine affiliate survivorship when the host country becomes member of a regional economic union. Using a unique...
Persistent link: https://www.econbiz.de/10010332687
This study uses a theoretically justified gravity model of trade to examine the impact of the ASEAN-China Free Trade Agreement (ACFTA) on exports, focusing on trade creation and diversion effects. The model is tested on a sample of 31 countries over the period dating from 1995 to 2010 using...
Persistent link: https://www.econbiz.de/10010332689
In this study, MERCOSUR\'s past exports to the EU under the protectionist environment of the period between 1988 and 1996 are examined and an attempt is made to determine MERCOSUR\'s exports\' growth potential in a liberalised EU market. A sectoral study is considered indispensable since tariff...
Persistent link: https://www.econbiz.de/10010291861
Bilateral Free Trade Agreements (FTAs) and unilateral trade liberalization have been two strategies used extensively by Chile to expand its exports and improve its competitive position in the world markets. It is the objective of this paper to analyze the role of trade agreements, price...
Persistent link: https://www.econbiz.de/10010291863
It is the objective of this paper to analyze Chile's development of market shares in the EU market in the period of 1988 to 2002, testing for the impact of price competitiveness on market shares with panel data. Price competitiveness is considered a decisive determinant of Chile's market shares...
Persistent link: https://www.econbiz.de/10010291865
The objective of this paper is twofold: First, the applicability of a widely used dynamic model, the autoregressive distributed lag model (ARDL), is scrutinized in a panel data setting. Second, Chile's development of market shares in the EU market in the period of 1988 to 2002 is then analyzed...
Persistent link: https://www.econbiz.de/10010291866