Showing 1 - 10 of 281
SOURCES AND VARIABLE CONSTRUCTION -- V. ESTIMATION METHODOLOGY AND RESULTS -- VI. CONCLUSIONS -- APPENDIXES …
Persistent link: https://www.econbiz.de/10012682183
This paper estimates the impact of external demand shocks on real income. We utilize a first order approximation to a wide class of small open economy models that feature sector-level gravity in trade flows, which allows us to measure foreign shocks and characterize their welfare impact in terms...
Persistent link: https://www.econbiz.de/10015058607
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...
Persistent link: https://www.econbiz.de/10012677612
This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies … volatility reduces firm productivity growth. Exploring channels, its finds that the results are driven by countries with low …
Persistent link: https://www.econbiz.de/10015059411
countries. Simulations on the impact of productivity shocks in Chinese textiles and machinery suggest that the required …
Persistent link: https://www.econbiz.de/10009622526
Do geopolitical tensions between countries influence the cross-border asset allocation of investment funds? Our answer is yes. We estimate gravity models and find that investment funds allocate smaller shares of their portfolios to recipient countries that are geopolitically more distant to...
Persistent link: https://www.econbiz.de/10015328570
This paper theoretically and empirically investigates export sensitivity to exchange rates in the context of intra-industry trade (IIT). It is assumed that more IIT implies a smaller elasticity of substitution among differentiated products and vice versa. The model presented suggests the gap in...
Persistent link: https://www.econbiz.de/10012677452
countries. Simulations on the impact of productivity shocks in Chinese textiles and machinery suggest that the required …
Persistent link: https://www.econbiz.de/10011242327
productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence … of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also …
Persistent link: https://www.econbiz.de/10005769318
(sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors … and FDI could improve productivity and export performance. …
Persistent link: https://www.econbiz.de/10005605063