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Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing

Hakobyan, Shushanik - 2017

Using data on net exports and factor endowments for more than 100 countries, this paper studies the relationship between factor endowments and comparative advantage in 28 manufacturing sectors between 1975 and 2010. The authors allow for systematic technological differences across countries,...

Persistent link: https://www.econbiz.de/10012966005

Commodity price co-movement and global economic activity

Alquist, Ron; Coibion, Olivier - 2014

Guided by a macroeconomic model in which non-energy commodity prices are endogenously determined, we apply a new factor-based identification strategy to decompose the historical sources of changes in commodity prices and global economic activity. The model yields a factor structure for commodity...

Persistent link: https://www.econbiz.de/10010385286

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

The Volatility of International Trade Flows in the 21st Century : Whose Fault is it Anyway?

Bennett, Federico Roberto - 2017

After investment, exports and imports are the most volatile components of aggregate demand within countries. Moreover, the volatility of growth and the volatility of trade flows tend to move together; they declined from the 1990s until 2009, followed by an increase since 2009. This paper...

Persistent link: https://www.econbiz.de/10012966001

Structural Reforms and Labor Market Outcomes : International Panel Data Evidence

Hollweg, Claire H. - 2017

collected from a variety of sources, including the World Bank World Development Indicators, the International Monetary Fund …

Persistent link: https://www.econbiz.de/10012972444

Anatomy and Impact of Export Promotion Agencies

Cruz, Marcio José Vargas da - 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

Inequality and Economic Growth : The Role of Initial Income

Brückner, Markus - 2018

-income countries, inequality has a significant negative effect on transitional growth. For the median country in the world that in 2015 …

Persistent link: https://www.econbiz.de/10012917240

A blessing in disguise : the implications of high global oil prices for the North American market

Alquist, Ron; Guénette, Justin-Damien - 2013

We examine the implications of increased unconventional crude oil production in North America. This production increase has been made possible by the existence of alternative oil-recovery technologies and persistently elevated oil prices that make these technologies commercially viable. We first...

Persistent link: https://www.econbiz.de/10009767984

What does the convenience yield curve tell us about the crude oil market?

Alquist, Ron; Bauer, Gregory H.; Díez de los Ríos, Antonio - 2014

that the convenience yield curve is well explained by a level and a slope factor. Consistent with the theory of storage …

Persistent link: https://www.econbiz.de/10010401755

Innovation and Development Around the World, 1960-2000

Lederman, Daniel - 2005

The authors present a database of indicators of innovative activity around the world since the early 1960s. The data …

Persistent link: https://www.econbiz.de/10014060398