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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
the world. We also find that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports …
Persistent link: https://www.econbiz.de/10013154980
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The Rise of the East and the Far East : German Labor Markets and Trade Integration
Dauth, Wolfgang - 2012
We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe … and export exposure. We find that the rise of "the East" in the world economy caused substantial job losses in German …
Persistent link: https://www.econbiz.de/10013104067
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Cross-Country Connectedness in Inflation and Unemployment : Measurement and Macroeconomic Consequences
Pham, Binh Thai; Sala, Hector - 2021
We bring the notion of connectedness (Diebold and Yilmaz, 2012) to a set of two critical macroeconomic variables as inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro setting– to explore the extent and consequences of...
Persistent link: https://www.econbiz.de/10013236402
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Capital Account Policies, IMF Programs and Growth in Developing Regions
Bicaba, Zorobabel - 2015
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10013029623
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Migration Policy, African Population Growth and Global Inequality
Mountford, Andrew - 2014
According to recent UN projections more than 50 percent of the growth in world population over the next half century … significant impact on the world distribution of income. In this paper we discuss the potential for migration policies to affect … more or less restrictive/selective migration policies and derive their implications for the evolution of world inequality …
Persistent link: https://www.econbiz.de/10013050612
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Immigration, Human Capital Formation and Endogenous Economic Growth
Ehrlich, Isaac - 2016
Census data from international sources covering 77% of the world's migrant population indicate that the skill …
Persistent link: https://www.econbiz.de/10013001874
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Birthplace Diversity and Economic Prosperity
Alesina, Alberto F. - 2013
We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...
Persistent link: https://www.econbiz.de/10013076803
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Does Openness to International Financial Flows Contribute to Productivity Growth?
Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2021
Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...
Persistent link: https://www.econbiz.de/10013325040
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An Injury to One is an Injury to All : Terrorism's Spillover Effects on Bilateral Trade
Doucouliagos, Hristos - 2017
In this paper we investigate whether the effects of terrorism in one country spillover to affect trade in neighboring nations. Using a sample of more than 160 countries from 1976 to 2014, we report robust evidence that terrorist attacks in a nation's contiguous neighbors significantly reduce...
Persistent link: https://www.econbiz.de/10012952616