Showing 1 - 10 of 129
Persistent link: https://www.econbiz.de/10003319365
This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...
Persistent link: https://www.econbiz.de/10012299347
This paper investigates the impact of domestic fuel price increases on export growth in a sample of 77 developing countries over the period 2000-2014. Using a fixed-effect estimator and the local projection approach, we find that an increase in domestic gasoline or diesel price adversely affects...
Persistent link: https://www.econbiz.de/10012001601
Assessing a country''s competitiveness routinely starts with an analysis of the real exchange rate. However, in low-income countries, empirical analysis of the real exchange rate is often subject to important limitations that seriously weaken the results. This paper summarizes the methodologies...
Persistent link: https://www.econbiz.de/10014399528
We examine one of the most important and intriguing puzzles in economics: why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. We look for a possible offset to the beneficial effects of aid, using a methodology that exploits...
Persistent link: https://www.econbiz.de/10014400208
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital …
Persistent link: https://www.econbiz.de/10014403900
Attracting capital and foreign exchange flows is crucial for developing countries. Yet, these flows could lead to real exchange rate appreciation and may thus have detrimental effects on competitiveness, jeopardizing exports and growth. This paper investigates this dilemma by comparing the...
Persistent link: https://www.econbiz.de/10014403232
This paper attempts to extend the range of countries covered by the IMF’s multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permits calculation of REER-ULCs for 23 newly industrialized, developing, and...
Persistent link: https://www.econbiz.de/10014403305
Persistent link: https://www.econbiz.de/10000902242