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Domestic Market Integration and the Law of One Price in Brazil

Góes, Carlos - 2015

This paper presents the first assessment domestic market integration in Brazil using the law of one price. The law of one price is tested using two panel unit root methodologies and a unique data set comprising price indices for 51 products across 11 metro-areas. We find that the law of one...

Persistent link: https://www.econbiz.de/10013011194

Agricultural Market Integration in India

Andrle, Michal - 2020

We assess the degree of cross-market price discrepancy (a proxy for market integration), its evolution over time, and proximate determinants, using monthly price data for 21 agricultural goods and 60 markets in India. Econometric analysis shows that cross-market price integration is positively...

Persistent link: https://www.econbiz.de/10012827586

The Price of Capital Goods : A Driver of Investment Under Threat

Lian, Weicheng - 2019

Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided...

Persistent link: https://www.econbiz.de/10012866217

Rebalancing : Evidence from Current Account Adjustment in Europe

Atoyan, Ruben - 2013

After the 2003-2007 economic boom, European countries with large pre-crisis current account imbalances are undergoing adjustments. Countries are adjusting at different paces and ways reflecting the source and magnitude of imbalances, availability of financing, competitiveness of the tradable...

Persistent link: https://www.econbiz.de/10013083623

Export Performance in Europe : What Do We Know from Supply Links?

Rahman, Jesmin - 2013

One of the most important recent developments in international trade is the increasing interconnectedness of export production through a vertical trading chain network that streches across many countries, with each country specializing in particular stages of a good's production. Using value...

Persistent link: https://www.econbiz.de/10013084473

Attaining Selected Sustainable Development Goals in Guatemala : Spending, Provision, and Financing Needs

Perez Ruiz, Esther - 2019

Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for Guatemala couched within the United Nations...

Persistent link: https://www.econbiz.de/10012889135

Doing More with Less : How Can Brazil Foster Development While Pursuing Fiscal Consolidation?

Flamini, Valentina - 2019

Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in education (up to 1.5 percentage point of GDP) and...

Persistent link: https://www.econbiz.de/10012858952

Natural Gas, Public Investment and Debt Sustainability in Mozambique

Melina, Giovanni - 2014

DIGNAR model to simulate alternative public investment scaling-up plans in alternative LNG market scenarios. Results show … that while a conservative approach, which simply awaits LNG revenues, would miss significant current growth opportunities … allows anticipating some, though not all, of the LNG revenue and, even in an adverse scenario, keeping public debt at …

Persistent link: https://www.econbiz.de/10013055604

How Should Shale Gas Extraction Be Taxed?

Daniel, Philip John - 2018

This paper suggests that the environmental and commercial features of shale gas extraction do not warrant a significantly different fiscal regime than recommended for conventional gas. Fiscal policies may have a role in addressing some environmental risks (e.g., greenhouse gases, scarce water,...

Persistent link: https://www.econbiz.de/10012928619

Natural Gas, Public Investment and Debt Sustainability in Mozambique

de Gregorio, Jose - 2014

simulate alternative public investment scaling-up plans inalternative LNG market scenarios. Results show that while a …, of the LNG revenue and, even in an adverse scenario, keeping public debt at sustainable levels. Structural reforms …

Persistent link: https://www.econbiz.de/10013061161

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