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Export Discoveries, Diversification and Barriers to Entry

Klinger, Bailey - 2017

The literature on the relationship between economic diversification and development has grown rapidly in recent years, partly due to the surprising finding that diversification rises with gross domestic product per capita up to a certain point. Export diversification along the extensive margin...

Persistent link: https://www.econbiz.de/10012976443

A wake-up-call theory of contagion

Ahnert, Toni; Bertsch, Christoph - 2015

We propose a novel theory of financial contagion. We study global coordination games of regime change in two regions … attacks, bank runs and debt crises, our theory of contagion is supported by existing evidence and generates a new testable …

Persistent link: https://www.econbiz.de/10010508402

Cheap but flighty : how global imbalances create financial fragility

Ahnert, Toni; Perotti, Enrico C. - 2015

We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety premium to invest in countries with good property rights. Domestic intermediaries compete for such cheap funding by carving out...

Persistent link: https://www.econbiz.de/10011304762

Export Promotion Agencies : What Works and What Doesn't

Lederman, Daniel - 2016

The number of national export promotion agencies (EPAs) has tripled over the past two decades. While more countries have made them part of their national export strategy, studies have criticized their efficiency in developing countries. Partly in reaction to these critiques, EPAs have been...

Persistent link: https://www.econbiz.de/10012747937

Is 3D Printing a Threat to Global Trade? The Trade Effects You Didn't Hear About

Freund, Caroline - 2019

In the mid-2000s, the production of hearing aids shifted almost entirely to 3D printing. Using difference-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade increased roughly 60 percent following the...

Persistent link: https://www.econbiz.de/10012859518

Incidence of the Digital Economy and Frictional Unemployment : International Evidence

Lederman, Daniel - 2020

This paper is the first to quantify the relationship between the incidence of the digital economy and long-term frictional unemployment across countries. The resulting evidence indicates that there is a robust, negative partial correlation between national unemployment rates and the incidence of...

Persistent link: https://www.econbiz.de/10012840289

Stages of Development of Payment Systems : Leapfrogging Across Countries and Mena's Place in the World

Gevaudan, Clement - 2020

This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple...

Persistent link: https://www.econbiz.de/10012844587

Trade Effects of the New Silk Road : A Gravity Analysis

Baniya, Suprabha - 2019

This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New Silk Road, on the 71 countries potentially involved. The initiative consists of several infrastructure investment projects to improve the land and maritime transportation in the...

Persistent link: https://www.econbiz.de/10012895212

Deep Trade Agreements and Global Value Chains

Laget, Edith - 2018

, but the impact varies by income group. Provisions outside the current mandate of the World Trade Organization (investment … under the current World Trade Organization mandate (tariff reduction and customs facilitation) drive the effect of trade …

Persistent link: https://www.econbiz.de/10012912338

Anatomy and Impact of Export Promotion Agencies

Cruz, Marcio - 2018

Recent literature has shown evidence of positive contributions of export promotion agencies around the world in raising … their products. This paper describes the characteristics of export promotion agencies around the world, using a novel … database from the World Bank, in collaboration with the International Trade Center in Geneva, covering 2005-10. In addition, it …

Persistent link: https://www.econbiz.de/10012917117