Showing 1 - 10 of 26
This paper employs a weighted network approach to study the empirical properties of the web of trade relationships among world countries, and its evolution over time. We show that most countries are characterized by weak trade links; yet, there exists a group of countries featuring a large...
Persistent link: https://www.econbiz.de/10011003413
This paper studies the statistical properties of the web of import-export relationships among world countries using a weighted-network approach. We analyze how the distributions of the most important network statistics measuring connectivity, assortativity, clustering and centrality have...
Persistent link: https://www.econbiz.de/10010929051
Over the past four decades the High Performing Asian Economies (HPAE) have followed a development strategy based on the exposure of their local markets to the presence of foreign competition and on an outward oriented production. In contrast, Latin American Economies (LATAM) began taking steps...
Persistent link: https://www.econbiz.de/10010764719
In this paper we compare the degree and patterns of trade and financial integration exploiting network analysis. We start from a simple binary analysis and then move to a more appropriate weighted approach, presenting a detailed overview of international goods and financial markets integration,...
Persistent link: https://www.econbiz.de/10010764783
In this paper we adopt both a nonparametric and a semi- parametric IV estimator to show that the relationship between inflation and output growth is non-linear and that there exists a threshold level below which ination has no effects on growth.
Persistent link: https://www.econbiz.de/10011003401
This paper addresses the issue of a coordinated adjustment plan (“new Plaza") to close global imbalances. We show that the complexity of the network of bilateral trade imbalances has increased, revealing that any plan focusing on industrialised countries only is likely to be ineffective. By...
Persistent link: https://www.econbiz.de/10011003422
Questo studio riprende e approfondisce alcuni degli spunti emersi dal rapporto sulla dinamica dell'export pubblicato dall'Eurobs lo scorso anno. Le tre province che fanno parte dell'Euregio sono caratterizzate da alcune interessanti regolarità e differenze nella propria struttura economica. In...
Persistent link: https://www.econbiz.de/10011003535
Global imbalances are not new as much as the effort to address them. In the mid 1980s the phenomenon led the most industrialised countries to orchestrate a devaluation of the US dollar so as to reduce the US trade deficit. Some economists have called for a similar "New Plaza" agreement to tackle...
Persistent link: https://www.econbiz.de/10010929047
The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.
Persistent link: https://www.econbiz.de/10010929064
The paper analyzes the link between financial constraints and firms' export decisions, using a large micro-level data set on French Manufacturing firms over the 1996-2004 period. Our main finding is that firms enjoying better ex-ante financial heath are more likely to start exporting. This...
Persistent link: https://www.econbiz.de/10010812568