constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and … industries. The empirical analysis finds that export diversification may promote economic growth and reduce economic volatility …

Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its … currency while maintaining capital controls. This prompts two questions addressed in this paper: How far advanced is renminbi … integration of offshore and onshore markets for the renminbi using a Threshold Autoregression (TAR) model and finds that there are …

This paper estimates the impact of China''s exchange rate changes on exports of competitor countries in third markets … that a 10 percent appreciation of China''s real exchange rate boosts on average a developing country''s exports of a … between China and its developing country competitors in specific products and destinations plays a key role. We exploit the …

Among emerging market currencies, the RMB holds the most potential to become widely used internationally, due to China …‘s large economic size, diversified trade structure and network, macroeconomic stability, and high growth rates - both current …

rates limited access to domestic credit and hence limited the supply of exports; and that “competitive depreciation …” neutralized the effects on demand for exports. This paper considers the plausibility of these two mechanisms using a new monthly … database on exports of selected industries. We find evidence that “competitive depreciation” did play a fundamental role in the …

unclear. One candidate is intangible capital - a rising driver of economic growth that, being non-pledgeable as collateral, is … policy could strengthen longer-term growth, particularly so where strong product market competition prevents firms from self …

Spain's export performance strengthened after the global financial crisis, and exports now represent more than a third … after the crisis; and competitiveness gains, reflecting in part changes in the labor market following structural reforms … adopted in 2010 and 2012. Based on cross-country panel regressions linking real export growth to employment protection …

In recent years, the link between the real effective exchange rate (REER) and exports in South Africa has weakened …. While exports still rise in response to REER depreciations, the REER-export elasticity is below historical estimates. The …-through. This research explores the role of policy uncertainty in reducing the responsiveness of exports to relative price changes …