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Trade Flows, Multilateral Resistance, and Firm Heterogeneity
Behar, Alberto - 2013
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...
Persistent link: https://www.econbiz.de/10013085999
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The Effect of Tariffs in Global Value Chains
Eugster, Johannes L.; Jaumotte, Florence; MacDonald, Margaux - 2022
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …
Persistent link: https://www.econbiz.de/10013295005
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Trade and Income in the Long Run : Are There Really Gains, and are They Widely Shared?
Cerdeiro, Diego - 2017
In the cross section of countries, there is a strong positive correlation between trade andincome, and a negative relationship between trade and inequality. Does this reflect a causalrelationship? We adopt the Frankel and Romer (1999) identification strategy, and exploitcountries' exogenous...
Persistent link: https://www.econbiz.de/10012942337
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Export Spillovers from Global Shocks for the Middle East and Central Asia
Behar, Alberto - 2014
This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively...
Persistent link: https://www.econbiz.de/10013053037
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How Accurate are Private Sector Forecasts? Cross-Country Evidence from Consensus Forecasts of Output Growth
2021
This paper evaluates the performance of Consensus Forecasts of GDP growth for industrialized and developing countries from 1989 to 1998. The questions addressed are (1) How do forecast errors differ across industrialized and developing countries? (2) How well do forecasters predict recessions?...
Persistent link: https://www.econbiz.de/10013212035
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The Intensive Margin in Trade
Fernandes, Ana M. - 2019
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50 percent of variation in exports is along the...
Persistent link: https://www.econbiz.de/10012895125
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Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia
Abdih, Yasser - 2012
This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for remittance-receiving countries in the Middle East, North Africa, and Central Asia,...
Persistent link: https://www.econbiz.de/10013101521
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Corporate Vulnerabilities in the Middle East, North Africa, and Pakistan in the Wake of COVID-19 Pandemic
Abidi, Nordine; Belkhir, Mohamed - 2022
This paper analyzes corporate vulnerabilities in the Middle East, North Africa and Pakistan (MENAP hereafter) in the wake of the COVID-19 pandemic shock. Using a sample of nearly 700 firms from eleven countries in MENAP, we assess the non-financial corporate (NFC) sector’s liquidity and...
Persistent link: https://www.econbiz.de/10013288802
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Does Public-Sector Employment Fully Crowd Out Private-Sector Employment?
Behar, Alberto - 2013
We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled datasets for a large cross-section of developing and advanced countries, and discuss the implications for countries in the Middle East, North Africa, Caucasus and Central Asia....
Persistent link: https://www.econbiz.de/10013079880
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Personal Income Taxes in the Middle East and North Africa : Prospects and Possibilities
Mansour, Mario; Zolt, Eric M. - 2023
Personal income taxes (PITs) play little or no role in the Middle East and North Africa, often yielding less than 2 percent of GDP in revenue—with the exception of few North African countries. This paper examines how PITs have evolved in recent decades, and what they might look like in the...
Persistent link: https://www.econbiz.de/10014255592