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Sizing up the effects of technological decoupling
Cerdeiro, Diego A.; Eugster, Johannes; Mano, Rui; Muir, Dirk - 2021
This paper proposes channels through which technological decoupling can affect global growth, and embeds these different layers in a global dynamic macroeconomic model. Multiple scenarios are considered that differ along two dimensions: (i) the coalition of countries (hubs) that initiate the...
Persistent link: https://www.econbiz.de/10012518889
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Measurement of aggregate trade restrictions and their economic effects
Estefania-Flores, Julia; Furceri, Davide; Ahmed Hannan, … - 2022
We develop a new Measure of Aggregate Trade Restrictions (MATR) using data from the IMF's Annual Report on Exchange Arrangements and Exchange Restrictions. MATR is an empirical measure of how restrictive official government policy is towards the international flow of goods and services. MATR is...
Persistent link: https://www.econbiz.de/10013170594
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Does import competition induce R&D reallocation? : evidence from the U.S.
Xu, Rui; Gong, Kaiji - 2017
We analyze the impact of rising import competition from China on U.S. innovative activities. Using Compustat data, we …
Persistent link: https://www.econbiz.de/10011763631
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China'S Integration Into the World Economy : Implications for Developing Countries
Yang, Yongzheng - 2003
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital … markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for …
Persistent link: https://www.econbiz.de/10014403900
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Reforming energy policy in India : assessing the options
Parry, Ian W. H.; Mylonas, Victor; Vernon, Nate - 2017
Spreadsheet models are used to assess the environmental, fiscal, economic, and incidence effects of a wide range of options for reducing fossil fuel use in India. Among the most effective options is ramping up the existing coal tax. Annually increasing the tax by INR 150 (USD 2.25) per ton of...
Persistent link: https://www.econbiz.de/10011704409
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Collateral Damage : Exchange Controls and International Trade
Zhang, Zhiwei - 2007
While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To...
Persistent link: https://www.econbiz.de/10014400231
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Estimation of Trade Protection in Middle East and North African Countries
Oliva, Maria-Angels - 2000
This paper studies the structure and evolution of trade protection in the Middle East and North African (MENA) countries in the 1990s. MENA countries use tariffs and nontariff barriers, and tariff dispersion and nontariff barriers, as substitute protection measures. Tariff levels and tariff...
Persistent link: https://www.econbiz.de/10014399827
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Credit booms - is China different?
Chen, Sally; Kang, Joong Shik - 2018
carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing … risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current …
Persistent link: https://www.econbiz.de/10011799612
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Is China's Export-Oriented Growth Sustainable?
Guo, Kai - 2009
This paper assesses the sustainability of China''s export-oriented growth over the medium to longer term. It shows that …
Persistent link: https://www.econbiz.de/10014404301
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International knowledge spillovers
Eugster, Johannes L.; Ho, Giang; Jaumotte, Florence; … - 2018
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both...
Persistent link: https://www.econbiz.de/10011978592