Showing 1 - 10 of 598
This paper examines the role of removing obstacles to competition in product markets in raising growth and productivity. Using firm-level data from Italy during 2003-13 and OECD measures of product market regulation, we estimate the effect of deregulation in network sectors on value added and...
Persistent link: https://www.econbiz.de/10012977836
Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five...
Persistent link: https://www.econbiz.de/10013019027
The COVID-19 pandemic has accelerated the shift toward digital services. Meanwhile, the race for technological and economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from the worst global recession since the Great Depression....
Persistent link: https://www.econbiz.de/10013252019
This paper investigates the performance of the IMF WEO growth forecast revisions across different horizons and country groups. We find that: (i) growth revisions in horizons closer to the actual are generally larger, more volatile, and more negative; (ii) on average, growth revisions are in the...
Persistent link: https://www.econbiz.de/10013300855
-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10013096278
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from …
Persistent link: https://www.econbiz.de/10012895100
important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic …-wide integration and the associated growth spillovers are discussed. Actions policymakers in sub-Saharan Africa can take to capture the … benefits of these spillovers, while limiting exposure to the associated risks, are also proposed …
Persistent link: https://www.econbiz.de/10012864108
We use micro data collected at the border and at retailers to characterize the effects brought by recent changes in US trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by documenting that the tariffs were almost fully passed...
Persistent link: https://www.econbiz.de/10012858385
The COVID-19 pandemic has led to an unprecedented collapse in global economic activity and trade. The crisis has also highlighted the role played by global value chains (GVC), with countries facing shortages of components vital to everything from health systems to everyday household goods....
Persistent link: https://www.econbiz.de/10012827584
Empirical research on structural reforms has focused primarily on their impact on growth and productivity. Yet an often-invoked rationale for structural reforms is their impact on external adjustment. This paper finds little evidence that structural reforms improve the current account in the...
Persistent link: https://www.econbiz.de/10012948521