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developing countries and especially the least developed among them secure a share in the growth in international trade … diversify production, linking to the Global Value Chains and developing adequate infra-structures facilitating digital trade as … overcoming some of these issues through various programs, all geared towards trade capacity building. It is argued that the work …
Persistent link: https://www.econbiz.de/10012436848
and trade finance, particularly those receiving trade loans. Results show that a percent increase in trade finance loan is … associated with 0.067-0.083 percent increase in export earnings depending on the model. When we proxy trade finance by the sum of … trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the …
Persistent link: https://www.econbiz.de/10014634742
century. Secondly, in one area of economic activity - trade in government procurement markets - the revised WTO Agreement on … Government Procurement (GPA) is emerging as a multi-dimensional tool of trade, governance and development. The thesis of this …
Persistent link: https://www.econbiz.de/10010426539
subsequently estimated. This social componentʺ of migration is then tested on international trade, providing a direct measure of … the impact of social networks on the economy. -- Social interaction ; non-market interaction ; international Trade …
Persistent link: https://www.econbiz.de/10003806050
This paper surveys a wide body of economic literature on the relationship between currencies and trade. Specifically …, two main issues are investigated: the impact on international trade of exchange rate volatility and of currency … misalignments. On average, exchange rate volatility has a negative (even if not large) impact on trade flows. The extent of this …
Persistent link: https://www.econbiz.de/10009376106
In this paper we study the impact of digitalization on trade costs in 58 economies over the period 2014 - 2018 …. Improvements in digital connectivity can reduce trade costs through multiple channels, including better access to information … active mobile broadband subscriptions per capita, on a broad measure of trade costs that captures all impediments that make …
Persistent link: https://www.econbiz.de/10014432117
This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R …&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent … countries and a link between the nodes indicates the existence of a trade agreement. In this framework, the multilateral trade …
Persistent link: https://www.econbiz.de/10003806057
presents a comprehensive study of its trade impacts by incorporating recent insights from both the global value chain (GVC) and … time in trade literatures. Inserting tariffs directly into the gravity equation breaks the ITAs impact down into four … positive non-tariff effects on both imports (layer 3) and exports (layer 4). These commitment effects suggest that higher trade …
Persistent link: https://www.econbiz.de/10010482005
Geopolitical conflicts have increasingly been a driver of trade policy. We study the potential effects of global and … persistent geopolitical conflicts on trade, technological innovation, and economic growth. In conventional trade models the …-specific knowledge diffusion, which magnifies welfare losses of trade conflicts. Idea diffusion is mediated by the input-output structure …
Persistent link: https://www.econbiz.de/10013270793
, inter alia, by the IMF (2016) and by us (2017), with a view to explaining the "missing" trade flows unpredicted by GDP …-based import models during the trade collapse of 2009 and subsequent recovery from it. At the time, it appeared that the …/global imports, over entire economy cycles (a phase of trade expansion, a sudden collapse and a recovery). Moreover, by weighting …
Persistent link: https://www.econbiz.de/10013198184