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Trade Effects of Currency Unions
Albertin, Giorgia - 2008
This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the...
Persistent link: https://www.econbiz.de/10012677679
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In Search of WTO Trade Effects
Eicher, Theo S. - 2009
The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose's (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not...
Persistent link: https://www.econbiz.de/10012677726
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Trade Diversion Effects from Global Tensions-Higher Than We Think
Wang, Mengqi - 2023
The paper builds a unique industry-level dataset by combining Mexico's nationally sourced inputoutput data (INEGI) with cross-country sources (WIOD, UN Comtrade). Using this dataset to exploit higher supply linkages across a larger number of industries than what is available in cross-country...
Persistent link: https://www.econbiz.de/10015059041
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Trade Effects of Currency Unions : Do Economic Dissimilarities Matter?
Albertin, Giorgia - 2008
This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the...
Persistent link: https://www.econbiz.de/10014409072
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Regional Trade Arrangements in Africa; Past Performance and the Way Forward
Yang, Yongzheng; Gupta, Sanjeev - International Monetary Fund (IMF) - 2005
Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport...
Persistent link: https://www.econbiz.de/10005768946
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Russia and the WTO; The "Gravity" of Outsider Status
Lissovolik, Yaroslav; Lissovolik, Bogdan - International Monetary Fund (IMF) - 2004
With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's export structure. On the basis of cross-section and panel regressions for 1995-2002,...
Persistent link: https://www.econbiz.de/10005599345
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Raising Armenia's Export Potential
Akepanidtaworn, Klakow - 2022
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 recent global and regional the geopolitical developments...
Persistent link: https://www.econbiz.de/10015060013
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The Impact of Research and Development Tax Incentives on Colombia's Manufacturing Sector
Mercer-Blackman, Valerie - 2008
-2002 Survey of Manufacturers database in Colombia to analyze this question. We estimate the effect of the R&D tax deduction … instituted in Colombia using Zellner's Seemingly Unrelated Regressions method, and find that the elasticity of demand of R …&D investment in manufacturing is quite high in Colombia compared to other countries, particularly for smalle …
Persistent link: https://www.econbiz.de/10012677634
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Are Capital Controls Effective in the 21st Century? The Recent Experience of Colombia
Clements, Benedict J. - 2009
This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate … the appreciation of Colombia's currency, or increased the degree of independence of monetary policy. We also find that …
Persistent link: https://www.econbiz.de/10012677725
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Social Security Reforms in Colombia
Clavijo, Sergio - 2009
of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement … security system in Colombia is roughly 160 percent of GDP for pensions and about 97 percent of GDP for the health system …
Persistent link: https://www.econbiz.de/10012677742