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Persistent link: https://www.econbiz.de/10001602568
Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country characteristics are controlled for? There exists a large empirical literature providing an affirmative answer to this question. We argue that methodological problems with the empirical...
Persistent link: https://www.econbiz.de/10013229058
differ across countries and issue areas. Case studies of export subsidization in Korea, Brazil, Turkey, India, Kenya, and …
Persistent link: https://www.econbiz.de/10013222055
Despite the well-known gains from trade, trade liberalization is politically one of the most contentious actions that a government can take. We propose and formalize a new argument, having to do with uncertainty, which is complementary to the usual explanations for why that is the case; many...
Persistent link: https://www.econbiz.de/10013224337
formally and adduce some empirical support for it. We construct an index of the "income level of a country's exports," document …
Persistent link: https://www.econbiz.de/10013219717
, however, and high rates of affiliate export growth were associated with rapid growth of host country GDP and exports …U.S.-owned manufacturing affiliates in foreign countries tended to become more export-oriented between 1966 and 1977 … affiliate activities in almost all cases. The most export-oriented were subsidiaries in machinery industries in Southeast Asia …
Persistent link: https://www.econbiz.de/10013230213
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10013225933
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...
Persistent link: https://www.econbiz.de/10013311905
We estimate the interrelationships among economic institutions, political institutions, openness, and income levels, using identification through heteroskedasticity (IH). We split our cross-national dataset into two sub-samples: (i) colonies versus non-colonies; and (ii) continents aligned on an...
Persistent link: https://www.econbiz.de/10013227787
exports and export shares of the United States, Germany, and Japan. The effects of relative price changes on export shares are … delays between order and delivery may affect measures of export quantity and of its response to price. Equations for … individual countries suggest that exports by the United States are most responsive to relative price changes and those of Germany …
Persistent link: https://www.econbiz.de/10013224881