Showing 1 - 10 of 129
from different countries. We investigate the validity of this assumption by estimating manufacturing export equations for … 56 countries over 26 years. We find that the hypothesis of CES is rejected and that the export equations that contain two …
Persistent link: https://www.econbiz.de/10013212031
Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the …-level domestic and international input-output data. The results suggest that, at the industry-level, higher export linkages lead to a …
Persistent link: https://www.econbiz.de/10012868264
Analysis of firm-level panel data from three sub-Saharan African economies shows that exporting manufacturers have a total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by selection of more efficient producers into exporting or...
Persistent link: https://www.econbiz.de/10013317891
This paper analyzes the domestic and external drivers of local staple food prices in Sub-Saharan Africa. Using data on domestic market prices of the five most consumed staple foods from 15 countries, this paper finds that external factors drive food price inflation, but domestic factors can...
Persistent link: https://www.econbiz.de/10014079900
The COVID-19 crisis has had a tremendous economic impact for all countries. Yet, assessing the full impact of the crisis has been frequently hampered by the delayed publication of official GDP statistics in several emerging market and developing economies. This paper outlines a machine-learning...
Persistent link: https://www.econbiz.de/10014083501
More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the performance of these frameworks in six countries -- Kenya, Namibia, South Africa,...
Persistent link: https://www.econbiz.de/10012946901
This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Growth accelerations are generally associated with improved external conditions,...
Persistent link: https://www.econbiz.de/10012946903
The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity...
Persistent link: https://www.econbiz.de/10012950389
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries using a dynamic stochastic general equilibrium (DSGE) model augmented with financial frictions. Empirical results indicate that remittances - as a share of GDP - have a significant...
Persistent link: https://www.econbiz.de/10013024443
This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a sample of 41 African economies from 1985-2015, the results suggest that signing treaties with investment hubs is not associated with additional investments; yet, these treaties tend...
Persistent link: https://www.econbiz.de/10012907945