Showing 1 - 10 of 421
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital … markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for …
Persistent link: https://www.econbiz.de/10014403900
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 … various WTO procedures, although own-export restrictions could have a similar effect. The model points to Russia''s further …
Persistent link: https://www.econbiz.de/10014404162
diversification of the export sector. The latter, in turn, has been influenced by capital accumulation and economic growth. The growth … export expansion and its interaction with saving and investment …
Persistent link: https://www.econbiz.de/10014398124
The export performance of Sub-Saharan Africa has lagged behind that of developing countries in other regions for the … past two decades, and total export proceeds have fallen significantly since 1980. Many factors explain this outcome … new agricultural products and light manufactures could boost export earnings, but only if the region can compete …
Persistent link: https://www.econbiz.de/10014398229
through two channels. First, by reducing export income volatility and allowing for a smoother consumption path. Second, by … against future export income). Under plausibly calibrated parameters, the second channel may lead to much larger welfare gains …
Persistent link: https://www.econbiz.de/10014402269
This paper reviews Nigeria’s non-oil export performance during the period 1970-90, analyzes the factors underlying the … distinguishing feature of the analysis is the incorporation of the effect of domestic demand in the export supply equation for … demand competes with export demand. The results provide evidence of the adverse effects of restrictive government policies on …
Persistent link: https://www.econbiz.de/10014396366
Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the …-level domestic and international input-output data. The results suggest that, at the industry-level, higher export linkages lead to a …. Furthermore, the decomposition of aggregate BC comovement shows that the increase in trade with China has contributed the most to …
Persistent link: https://www.econbiz.de/10012022016
This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as...
Persistent link: https://www.econbiz.de/10014400074
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
This paper analyzes the effects of exchange rate volatility on bilateral trade flows. Through use of a gravity model and panel data from western Europe, exchange rate uncertainty is found to have a negative effect on international trade. The results seem to be robust with respect to the...
Persistent link: https://www.econbiz.de/10014403368