Similar Search Results

External adjustment in oil exporters : the role of fiscal policy and the exchange rate

Behar, Alberto; Fouejieu, Armand - 2016

After the decline in oil prices, many oil exporters face the need to improve their external balances. Special characteristics of oil exporters make the exchange rate an ineffective instrument for this purpose and give fiscal policy a sizeable role. These conclusions are supported by regression...

Persistent link: https://www.econbiz.de/10011711426

Real effective exchange rate and trade balance adjustment : the case of Turkey

Iossifov, Plamen; Fei, Xuan - 2019

There is an ongoing debate in the literature on whether global trade flows have become disconnected from the large real effective exchange rate movements in the wake of the global financial crisis. The question has important policy implications for the role of exchange rates in supporting growth...

Persistent link: https://www.econbiz.de/10012102059

The Euro’s Effecton Trade Imbalances

Berger, Helge - 2010

When does trade become a one-way relationship? We study bilateral trade balances for a sample of 18 European countries over the period from 1948 through 2008. We find that, with the introduction of the euro, trade imbalances among euro area members widened considerably, even after allowing for...

Persistent link: https://www.econbiz.de/10014397576

Comparative Advantage, Exchange Rates, and G-7 Sectoral Trade Balances

Golub, Stephen S. - 1994

This paper uses a Ricardian framework to clarify the role of microeconomic and macroeconomic factors governing the time series and cross-section behavior of sectoral trade balances. Unit labor costs and trade balances are calculated for several sectors for the seven major industrial countries....

Persistent link: https://www.econbiz.de/10014398683

Are bilateral trade balances irrelevant?

Eugster, Johannes L.; Jaumotte, Florence; MacDonald, Margaux - 2020

Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of unobservable bilateral trade costs. Second, the...

Persistent link: https://www.econbiz.de/10012391997

The Balance of Trade, the Terms of Trade, and the Real Exchange Rate : An Intertemporal Optimizing Framework

International Monetary Fund - 1988

This paper uses an intertemporal optimizing model of a small open economy to analyze how terms of trade changes affect real exchange rates and the trade balance. We consider temporary current, anticipated future, and permanent changes in the terms of trade. The results suggest that the...

Persistent link: https://www.econbiz.de/10014396150

Determinants of non-oil growth in the CFA-zone oil producing countries : how do they differ?

Tabova, Alexandra; Baker, Carol - 2011

Persistent link: https://www.econbiz.de/10009422662

E-commerce as a potential new engine for growth in Asia

Kinda, Tidiane - 2019

The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and generate a larger share of their revenues from...

Persistent link: https://www.econbiz.de/10012102077

Quality upgrading and export performance in the Asian growth miracle

Papageorgiou, Chris; Perez-Sebastian, Fidel; Spatafora, … - 2019

We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies … changes in these countries' sectoral export shares during 1970-2010. We build a multisector Ricardian trade model which allows … for changes in product quality, and calibrate it to generate predictions about export volumes. Unlike previous literature …

Persistent link: https://www.econbiz.de/10012154895

Exports, Inflation, and Growth

Gylfason, Thorvaldur - 1997

World Bank, covering 160 countries in the period 1985-1994. First, the linkages between the propensity to export and …

Persistent link: https://www.econbiz.de/10014399605

1
2
3
4
5
6
7
8
9
10
Next
Last