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, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting …This paper surveys the literature on the relationship between international trade and inclusive growth. It examines … claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
Persistent link: https://www.econbiz.de/10012518909
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prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions … and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of …
Persistent link: https://www.econbiz.de/10012021886
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This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open...
Persistent link: https://www.econbiz.de/10014411171
taxes on goods and services—in particular, the VAT— followed by a smaller negative impact on corporate income and trade …
Persistent link: https://www.econbiz.de/10014394357
This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are … during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …
Persistent link: https://www.econbiz.de/10014400547
cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal … a sectoral reallocation between cities in China …
Persistent link: https://www.econbiz.de/10011978605
, bilateral economic interactions like trade, FDI and portfolio investment, positively correlate with lending. Chinese banks …' lending to EMDEs also strongly correlates with trade, but not with FDI and, unlike other banks, it correlates negatively with …
Persistent link: https://www.econbiz.de/10012392600