Showing 1 - 10 of 231
(2016) to compare different exchange rate policies, and empirically by estimating elasticities of imports and commodity … exports with respect to exchange rates using Papua New Guinean data. In the empirical part, using various econometric methods …, I find the statistically significant elasticities of commodity exports to real exchange rates. In the theoretical part …
Persistent link: https://www.econbiz.de/10011763833
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
episodes from 1970-2009, we find that there is a sharp decline in a country’s imports in the year following a crisis-19 percent …, on average-and this decline is persistent, with imports recovering to their gravity-predicted levels only after 10 years …. In contrast, exports of the crisis country are not adversely affected, and they remain close to the predicted level in …
Persistent link: https://www.econbiz.de/10014403222
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
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
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
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
We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies: China, India, Indonesia, Malaysia, South Korea, and Thailand. We focus on measuring the impact of quality upgrading on the changes in these countries' sectoral export shares...
Persistent link: https://www.econbiz.de/10012154895
. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around … 50 percent of variation in exports is along the extensive margin-a quantitative victory for the Melitz framework. The … remaining 50 percent on the intensive margin (exports per exporting firm) contradicts a special case of Melitz with Pareto …
Persistent link: https://www.econbiz.de/10011978438
provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s …
Persistent link: https://www.econbiz.de/10014403788