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. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …
Persistent link: https://www.econbiz.de/10012252077
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 …, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting …
Persistent link: https://www.econbiz.de/10012518909
and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal …
Persistent link: https://www.econbiz.de/10011978605
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
Over the last two decades, world trade and production have become increasingly organized around global value chains … evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a … the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract …
Persistent link: https://www.econbiz.de/10012001583
general equilibrium (CGE) trade model calibrated to 165 countries. The first scenario estimates effects from potential U … to capture dynamic effects, such as those stemming from trade policy uncertainty. More generally, our results both …
Persistent link: https://www.econbiz.de/10012102091
disentangle effects from various channels that interact at the same time, such as flows of tourists, trade of goods, and changes …
Persistent link: https://www.econbiz.de/10012154832
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
exchange rate, foreign prices, and terms of trade have long-run effects on inflation, while the money supply and interest rate …
Persistent link: https://www.econbiz.de/10014401118
both advanced and developing economies; and for the influence of shifts in the terms of trade …
Persistent link: https://www.econbiz.de/10014403431