Showing 1 - 10 of 2,442
Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation of these PTAs, discusses their characteristics and...
Persistent link: https://www.econbiz.de/10014400652
This paper applies the maximum likelihood panel cointegration method of Larsson and Lyhagen (2007) to test the strong …
Persistent link: https://www.econbiz.de/10014401245
remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel …
Persistent link: https://www.econbiz.de/10014402929
Long-run movements of real exchange rates are studied using a panel data set comprising 51 economies. The purchasing …
Persistent link: https://www.econbiz.de/10014403431
The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose''s (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not...
Persistent link: https://www.econbiz.de/10014402393
The introduction of the euro generated substantial interest in measuring the impact of currency unions (CUs) on trade flows. Rose''s (2000) initial estimates suggested a tripling of trade and created a literature in search of ""more reasonable"" CU effects. A recent meta-analysis of this...
Persistent link: https://www.econbiz.de/10014401849
This paper examines the macroeconomic effects of the erosion of trade preferences, with a focus on the export of Caribbean bananas to Europe. Estimates are made of the magnitude of implicit assistance provided over a period of three decades to eastern Caribbean countries through banana trade...
Persistent link: https://www.econbiz.de/10014402726
Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the … causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the costs of corruption in terms … of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from …
Persistent link: https://www.econbiz.de/10014400769
The paper discusses some channels through which corruption affects growth such as the impact of corruption on … enterprises, on the allocation of talent, and on investment. It also discusses the impact of corruption on some aspects of public …
Persistent link: https://www.econbiz.de/10014403515
the period 1985–98. The association between military spending and corruption is ascertained by using panel regression …Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such … techniques. The results suggest that corruption is indeed associated with higher military spending as a share of both GDP and …
Persistent link: https://www.econbiz.de/10014399916