Showing 1 - 10 of 1,823
A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on current account balances: countries specializing in sectors that face relatively high trade costs, such as services, tend to run current account deficits, and similarly, countries...
Persistent link: https://www.econbiz.de/10012001519
This paper finds that the estimates of Armington elasticities (the elasticity of substitution between groups of products identified by country of origin) obtained from multilateral trade data can differ from those obtained from bilateral trade data. In particular, the former tends to be higher...
Persistent link: https://www.econbiz.de/10014404121
Persistent link: https://www.econbiz.de/10009487129
A reduction in the U.S. current account deficit vis-à-vis emerging Asia involves a shift in demand from U.S. to … emerging Asia tradable goods and a change in international relative prices. This paper quantifies the required adjustment in … Asia. We compare scenarios where both Chinese and other emerging Asian export prices change by the same proportion to the …
Persistent link: https://www.econbiz.de/10011779741
This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we distinguish between productivity gains arising from lower tariffs on final goods relative to lower tariffs on intermediate inputs. Lower output tariffs can produce productivity...
Persistent link: https://www.econbiz.de/10014400616
prediction of the theory with a new dataset that comprises monthly information on trade measures across 77 countries and 33 food …
Persistent link: https://www.econbiz.de/10014411694
gravity model to analyze remittance flows in Russia and Caucasus and Central Asia (CCA) countries. Standard gravity …
Persistent link: https://www.econbiz.de/10012299334
Persistent link: https://www.econbiz.de/10010388711
We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced...
Persistent link: https://www.econbiz.de/10012392600
In the cross section of countries, there is a strong positive correlation between trade and income, and a negative relationship between trade and inequality. Does this reflect a causal relationship? We adopt the Frankel and Romer (1999) identification strategy, and exploit countries' exogenous...
Persistent link: https://www.econbiz.de/10011763524