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Corruption, Public Investment, and Growth

Tanzi, Vito - 1997

Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i)...

Persistent link: https://www.econbiz.de/10014401205

Putting the Parts together : Trade, Vertical Linkages, and Business Cycle Comovement

Levchenko, Andrei A. - 2009

Countries that trade more with each other exhibit higher business cycle correlation. This paper examines the mechanisms underlying this relationship using a large cross-country industry-level panel dataset of manufacturing production and trade. We show that sector pairs that experience more...

Persistent link: https://www.econbiz.de/10014402276

Seasonality and Capacity : An Application to Italy

Mini, Federico - 2000

Information on seasonal frequencies can provide valuable insights for understanding economic fluctuations. This is particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to seasonal factors. This paper discusses the option of...

Persistent link: https://www.econbiz.de/10014399929

The size distribution of manufacturing plants and development

Kothari, Siddharth - 2014

Persistent link: https://www.econbiz.de/10010479484

Price Imputation and Other Techniques for Dealing with Missing Observations, Seasonality and Quality Change in Price Indices

Armknecht, Paul A. - 1999

Price index compilers frequently face situations where price observations are missing due to seasonal unavailability … indices. This paper presents statistical imputation techniques that index compilers can use to prevent bias and suggests the …

Persistent link: https://www.econbiz.de/10014400856

A New Index of Currency Mismatch and Systemic Risk

Ranciere, Romain - 2010

This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to unhedged borrowers. This measure explicitly takes into account the indirect exchange rate risk that banks undertake when they lend to borrowers that will not be able to repay in the...

Persistent link: https://www.econbiz.de/10014402704

An Index Number Formula Problem : The Aggregation of Broadly Comparable items

Silver, Mick - 2009

Index number theory informs us that if data on matched prices and quantities are available, a superlative index number … formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give … as to why such formulas differ and proposes a solution to this index number problem …

Persistent link: https://www.econbiz.de/10014404313

Index Number Biases During Price Liberalization

Osband, Kent - 1991

When a formerly centrally-planned economy frees prices and allows or compels producers to respond to market signals, conventional measures tend to severely overstate short–run output decline and inflation. In part the overstatement stems from neglect of private sector activity, or from belated...

Persistent link: https://www.econbiz.de/10014398096

Trade linkages and international business cycle comovement : evidence from Korean industry data

Lee, Dongyeol - 2019

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

Trade Liberalization, Intermediate Inputs, and Productivity : Evidence From Indonesia

Amiti, Mary - 2005

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

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