Showing 1 - 10 of 152
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both...
Persistent link: https://www.econbiz.de/10012892917
economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from …
Persistent link: https://www.econbiz.de/10013252019
How can governments reduce the prevalence of cross-border tax fraud? This paper argues that the use of digital technologies offers an opportunity to reduce fraud and increase government revenue. Using data on intra-EU and world trade transactions, we present evidence that (i) cross-border trade...
Persistent link: https://www.econbiz.de/10013252038
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
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
relationship between trade and inequality. Does this reflect a causalrelationship? We adopt the Frankel and Romer (1999 … and inequality. Our cross-country estimates for trade's impact on real income areconsistently positive and significant … inequality.Heeding previous concerns in the literature (e.g. Rodriguez and Rodrik, 2001; Rodrik,Subramanian and Trebbi, 2004), we …
Persistent link: https://www.econbiz.de/10012942337
This paper assesses the extent to which Sub-Saharan Africa (SSA)'s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA's business cycle has not only moved in the same direction as that of the RoW, but has also gradually drifted away from the G7 in...
Persistent link: https://www.econbiz.de/10013057309
Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic … growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the … weakness in economic activity, particularly investment, has been the primary restraint on trade growth, accounting for over 80 …
Persistent link: https://www.econbiz.de/10012928627
Raising Armenia’s long-term growth prospects is critical to meet the pressing need for jobs, achieve higher living … standards, and arrest emigration. Armenia’s long-term growth prospects have weakened since the global COVID-19 crisis, while …’s growth rate. It provides an overview of Armenia’s export performance, analyzes factors and policy valuables that affect …
Persistent link: https://www.econbiz.de/10014238500
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using global input-output matrices, we construct four different tariff measures that capture the direct and indirect exposure to tariffs at different stages of the production chain for...
Persistent link: https://www.econbiz.de/10013295005