Showing 1 - 10 of 377
, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank …
Persistent link: https://www.econbiz.de/10008519501
, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also … reduces growth; and, when aid increases exports and imports, it also increases growth. This evidence is consistent with a DD …
Persistent link: https://www.econbiz.de/10011242264
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances....
Persistent link: https://www.econbiz.de/10011242364
would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate …
Persistent link: https://www.econbiz.de/10011142116
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of growing interest in forming a currency union in the region. The analysis suggests that currency unions with China tend to generate higher average welfare gains for East Asian...
Persistent link: https://www.econbiz.de/10005826046
Since the 1997 Asian currency crisis, new interest has emerged in the formation of a common currency area in East Asia. This paper provides estimates of trade and welfare effects of East Asian currency unions, using a micro-founded gravity model. Counter-factual experiments to assess the effects...
Persistent link: https://www.econbiz.de/10005769256
This paper investigates whether banking crises are associated with declines in bilateral exports. We first develop a … simple open economy model in which banking crises translate into negative liquidity shocks, leading to collapses in exports … countries over the period 1988-2010. The results suggest that crisis-hit countries experience lower levels of bilateral exports …
Persistent link: https://www.econbiz.de/10010790269
lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …
Persistent link: https://www.econbiz.de/10011242206
understanding of European exports: where exports values are created, the role of vertical supply links in export growth, what is …
Persistent link: https://www.econbiz.de/10011242362
conclusions. First, further steps in regional integration would enhance competition and produce large economic benefits for both …
Persistent link: https://www.econbiz.de/10005768829