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This paper surveys recent developments in the evaluation of point forecasts. Taking West's (2006) survey as a starting point, we briey cover the state of the literature as of the time of West's writing. We then focus on recent developments, including advancements in the evaluation of forecasts...
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China has virtually dominated the trade scene in nearly all manufacturing sectors, this study also looks at the tripartite … dynamics of trade in pharmaceutical items among India, Pakistan and China. An analysis of the China-Pakistan and the South Asia … Free Trade Area Agreements reveals that while Pakistan does not give any favourable treatment to China in items on Pakistan …
Persistent link: https://www.econbiz.de/10010404687
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Sign-restricted Structural Vector Autoregressions (SVARs) are increasingly common. However, they usually result in a set of structural parameters that have very different implications in terms of impulse responses, elasticities, historical decomposition and forecast error variance decomposition...
Persistent link: https://www.econbiz.de/10012037315
With the trade normalization process between India and Pakistan gathering momentum since November 2011, new opportunities for enhancing bilateral trade have opened between the two countries. This study estimates the trade potential between India and Pakistan, and examines how this potential can...
Persistent link: https://www.econbiz.de/10010208653
Trade facilitation policies intend to simplify administrative processes and accelerate the handling of shipments across borders. Recent research shows that these policies have substantial effects on trade flows. In this chapter, we discuss what the existing evidence for trade implies for the...
Persistent link: https://www.econbiz.de/10011625949
The year 2018 was a milestone year for India-Bhutan relationship as the countries celebrated the accomplishments of the last fifty years of time-tested and special ties. The mutually beneficial economic ties have been the centre-piece of India-Bhutan relationship. India is Bhutan's largest...
Persistent link: https://www.econbiz.de/10012098363
We estimate import processing costs based on the time it takes to import. Our theory extends existing time-cost measures to account for uncertainty in import processing. We use detailed, highly disaggregated data on import processing dates and import values to provide evidence for our theory and...
Persistent link: https://www.econbiz.de/10014461570
We analyze how the structure of organizational form of legislative institutions affects interest groups ’incentives to lobby.Lobbying is modelled the strategic provision of information by an interest group to a multi-person legislature.We show that the effectiveness of lobbying lies in...
Persistent link: https://www.econbiz.de/10012142251