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through which major emerging economies (BRICs, i.e., Brazil, Russian Federation, India and China) could catch up with advanced … source countries in terms of total factor productivity (TFP). We find that the importance of these transmission mechanisms …
Persistent link: https://www.econbiz.de/10010479372
This paper estimates the costs of EU restraints on trade in textiles and clothing. After explaining the methods used …, we examine the impact of an opening up of EU trade in textiles and clothing, inter alia to those economies where the …
Persistent link: https://www.econbiz.de/10011472459
This paper analyzes the horizontal productivity effects of foreign direct investment (FDI) from industrialized and …, and North Africa. We find strong evidence of horizontal productivity spillovers to domestic firms derived from foreign …-firm presence. However, these effects are clearly dependent on domestic firms’ absorptive capacity. The largest productivity effects …
Persistent link: https://www.econbiz.de/10010461743
productivity growth between Northern and Southern FDI, irrespective of how the latter is defined. However, we find that employment …
Persistent link: https://www.econbiz.de/10011658781
We explore the export performance of Africa’s underperforming female entrepreneurs, using the Ghanaian ISSER-IGC panel, a comprehensive dataset of manufacturing firms for 2011–2015. Uniquely, the data provides information about the severity of key business constraints, across both male and...
Persistent link: https://www.econbiz.de/10012300585
addition to data on supplier credit, equity and other finance sources. Our regressions reveal a female-to-male productivity gap … between gender and productivity is mediated by financial constraints, the gender performance gap disappears. Accordingly …, female business-owners who indicate that funding is not a problem, are associated with higher productivity than males, all …
Persistent link: https://www.econbiz.de/10014247662
During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....
Persistent link: https://www.econbiz.de/10003832101
This paper estimates a series of shocks to hit the US economy during the Great Depression, using a New Keynesian model with unemployment and bargaining frictions. Shocks to long-run inflation expectations appear to account for much of the cyclical behavior of employment, while an increase in...
Persistent link: https://www.econbiz.de/10003872040
This paper studies external sovereign bonds as an asset class. We compile a new database of 266,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering up to 91 countries. Our main insight is that, as in...
Persistent link: https://www.econbiz.de/10012807817
Die wirtschaftliche Entwicklung in den neuen Ländern ist im Begriff, sich immer mehr auszudifferenzieren. Standorte, die im Windschatten der Wachstumsknoten liegen, haben dabei das Nachsehen. Der Nordosten Brandenburgs ist einer dieser Standorte. Um zu einer Arbeitsteilung mit den benachbarten...
Persistent link: https://www.econbiz.de/10011476062