Showing 1 - 10 of 1,344
-related finance declined sharply. However, trade may also be affected by other variables such as world demand, domestic demand …
Persistent link: https://www.econbiz.de/10014404046
We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has … risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK … index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the …
Persistent link: https://www.econbiz.de/10012796347
Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper investigates the nature of the link between trade linkages and the comovement of...
Persistent link: https://www.econbiz.de/10012022016
The sheer size of mandated trade among members of the Council for Mutual Economic Assistance (CMEA), and its composition and quality, means that its reorientation toward other markets entails a whole complex of structural adjustment policies. To be successful, policy reform must be...
Persistent link: https://www.econbiz.de/10014396289
improved since the mid-1980s; that private investment is mostly influenced by the risk of expropriation, the degree of civil … liberty, and the degree of independence of the bureaucracy; and that economic growth is affected by the risk of expropriation …
Persistent link: https://www.econbiz.de/10014400780
With China''s accession to the WTO in 2001, Russia is by far that organization''s most prominent nonmember. This paper … applies the gravity model to gauge whether this ""outsider"" status has been affecting Russia''s export structure. On the … the model''s predictions. The paper discusses possible explanations of this result, including Russia''s exclusion from …
Persistent link: https://www.econbiz.de/10014404162
We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in … Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results … point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered …
Persistent link: https://www.econbiz.de/10014402216
Persistent link: https://www.econbiz.de/10009488607
The "Great Trade Collapse" triggered by the 2008-09 crisis calls for a careful assessment of the trade losses from financial crises. We adopt a more detailed perspective by looking at the response of different types of trade (i.e. agricultural, mining, and manufactured goods, and services)...
Persistent link: https://www.econbiz.de/10012610647
activity around the world. We present a parsimonious two-country-SIR model with some degree of substitutability between home …
Persistent link: https://www.econbiz.de/10012392567