Showing 1 - 10 of 227
The exposure of low-income countries to natural disasters has a significant impact on food production and food security …. This paper provides a framework for assessing a country's vulnerability to food crisis in the event of natural disasters …-income countries to adverse external shocks are equally important for minimizing the occurrence of food crisis in the event of natural …
Persistent link: https://www.econbiz.de/10012993722
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
LICs, those with a higher import component of intermediate inputs seem to be more shielded from the negative impacts of …
Persistent link: https://www.econbiz.de/10012889166
This paper examines the implications of elevated global food prices for inflation in select Central Asian economies … - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant …
Persistent link: https://www.econbiz.de/10013107077
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
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
Global merchandise trade expanded rapidly over the last 6 1/2 decades and its relationship with global income has seen ebbs and flows. This paper examines the shifts in this relationship using time series data over 1950-2014 and situates it in the current and longer term context. The...
Persistent link: https://www.econbiz.de/10012977826
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
We examine how Korea's capital flows and trade have been affected by the quantitative easing (QE) of the United States and the quantitative and qualitative easing (QQME) of Japan. Korea is an intriguing case due to its borderline position between advanced and emerging market country groups, and...
Persistent link: https://www.econbiz.de/10013055255
This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995–2012. In a panel framework, we identify a strong positive impact of trade intensity on BCS - conditional...
Persistent link: https://www.econbiz.de/10013055257