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Trade, productivity and (mis)allocation
Berthou, Antoine; Chung, Jong Hyun; Manova, Kalina; … - 2020
We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and productivity, while import liberalization has ambiguous effects....
Persistent link: https://www.econbiz.de/10012301837
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Product Variety and Economic Growth : Empirical Evidence for the Oecd Countries
Funke, Michael - 2000
This paper uses panel data for 19 OECD countries and finds support for the hypothesis that a greater degree of product variety relative to the United States helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10014399925
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Determinants of Argentina's External Trade
Falcetti, Elisabetta - 1999
elasticities have increased as a result of structural changes in the economy. It finds that the high income elasticity of imports … and the responsiveness of exports to changes in world commodity prices, domestic absorption, and economic activity in …
Persistent link: https://www.econbiz.de/10014401657
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China's Trade Flows : Changing Price Sensitivies and the Reform Process
Dayal-Gulati, Anuradha - 1999
Over the past 20 years, the Chinese authorities have undertaken wide-ranging reforms of their exchange and trade systems that have steadily reduced the role of planning and increased the importance of market forces. As these reforms have taken root, relative prices and domestic and foreign...
Persistent link: https://www.econbiz.de/10014403429
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An Evaluation of the World Economic Outlook Forecasts
Timmermann, Allan - 2006
The World Economic Outlook (WEO) is a key source of forecasts of global economic conditions. It is therefore important to review the performance of these forecasts against both actual outcomes and alternative forecasts. This paper conducts a series of statistical tests to evaluate the quality of...
Persistent link: https://www.econbiz.de/10014401878
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India’s Recent Macroeconomic Performance : An Assessment and Way Forward
Kapur, Muneesh - 2014
would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate …
Persistent link: https://www.econbiz.de/10014411209
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The Uruguay Round and Net Food Importers
Eiteljörge, Uwe - 1995
than 4 percent of net food imports over a period of six years for the countries considered, although for some of the larger …
Persistent link: https://www.econbiz.de/10014395317
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China'S Imports : An Empirical Analysis Using Johansen'S Cointegration Approach
Yuan, Mingwei - 1994
In this paper, the behavior of China’s imports during the period 1980-92 is studied. The estimation of cointegration … and error correction mechanisms enables the separation of the long-run and short-run determinants of imports in China. The … estimated cointegrating vector using Johansen’s cointegration approach shows that, in the long run, China’s imports are …
Persistent link: https://www.econbiz.de/10014398203
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India’s recent macroeconomic performance : an assessment and way forward
Kapur, Muneesh; Mohan, Rakesh - 2014
Persistent link: https://www.econbiz.de/10010388634
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Pass-through of imported input prices to domestic producer prices : evidence from sector-level data
Ahn, JaeBin; Park, Chang-Gui; Park, Chanho - 2016
Motivated by stylized facts pointing to a dominant role of imported inputs in transmitting external price shocks to domestic prices, this paper zooms in to study the pass-through of imported input costs to domestic producer prices. Our approach constructs effective input price indices from...
Persistent link: https://www.econbiz.de/10011436732