Showing 1 - 10 of 95
According to the Washington Consensus, developing countries' growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not … intermediate goods, did lead to faster growth in a manner consistent with theory. …
Persistent link: https://www.econbiz.de/10011314046
those countries pursuing trade liberalization initiatives to know how their specialization profiles would look like under … lower trade costs. This paper examines the impact of trade policy on production specialization patterns in ten Latin …-consistent measure of specialization is derived from the standard international trade theory: the share of the industry in a country …
Persistent link: https://www.econbiz.de/10011314048
As Latin America and the Caribbeans "Great Liberalization" reaches its 30th anniversary, we revisit the trade and … growth debate by updating and expanding Estevadeordal and Taylors 2013 paper. To better understand the regions heterogeneity … liberalization is likely to have made a significant contribution to the acceleration in growth observed in the postliberalization …
Persistent link: https://www.econbiz.de/10012534447
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … improved appropriability and long-term growth. …
Persistent link: https://www.econbiz.de/10011314116
economic development and growth is still in its infancy. In order to facilitate further necessary research on this topic, this …
Persistent link: https://www.econbiz.de/10010328244
spending across different functions to achieve higher growth. While most papers restrict their analysis to the size of … government, much less is known about the composition of spending and its implications for long-term growth. This paper sheds … expenditures, enhance growth in Latin America. This paper uses a novel dataset on physical and human capital and detailed public …
Persistent link: https://www.econbiz.de/10014518147
This study is a first contribution to prioritization across productivity determinant capabilities that attempts to obtain the equivalent of a "shadow price" for each of these capabilities by estimating their impact on the success a country may have in reaching higher income per capita groups....
Persistent link: https://www.econbiz.de/10011535762
and unambiguously assert that trade openness is conducive to growth and poverty reduction, the preponderance of evidence … supports this conclusion. However, the majority of empirical studies also show that the impact of trade on growth and poverty …Despite the growing political priority given to making trade work for the majority in Latin America, a notable gap …
Persistent link: https://www.econbiz.de/10011314087
In this paper we use Colombian manufacturing data on exports and external financing for the period 1998 - 2006 to estimate the credit elasticity of exports. We use bank-firm linked data to construct a supply side instrument for a manufacturer's demand of credit, which we use to address the...
Persistent link: https://www.econbiz.de/10011314144
, which may potentially negatively affect international trade. Customs around the world have therefore implemented security …-motivated certification programs to facilitate licit trade. These programs offer trustworthy trading firms, i.e., Authorized Economic …
Persistent link: https://www.econbiz.de/10011535778