Showing 1 - 10 of 295
This paper investigates when trade facilitation reform should be undertaken at the regional level. First, looking at both efficiency and implementation considerations, it confirms the perception that the regional dimension matters. Investigating where efficiency gains can be made, this research...
Persistent link: https://www.econbiz.de/10012773563
This paper measures the impact of low-cost transport by rail in Malawi on the dispersion of agricultural commodities prices across markets by exploiting the quasi-experimental design of the nearly total collapse of domestic transport by rail in January 2003 due to the destruction of a railway...
Persistent link: https://www.econbiz.de/10012951507
related to transaction costs also earn higher gross returns on their investments before accounting for transaction costs …
Persistent link: https://www.econbiz.de/10012954306
A growing body of work has shown that the quality of national institutions that enforce written contracts plays an … margin than the extensive margin of exporting. In addition, better contracting institutions increase the probability of … developing countries that seek to boost export growth but many of which suffer from poor contracting institutions …
Persistent link: https://www.econbiz.de/10012908606
derives a novel methodology for projecting output data. The empirical implementation sheds light on the role of institutions …
Persistent link: https://www.econbiz.de/10012936812
This paper presents evidence on the determinants of cross-border mergers and acquisitions in services sectors. It develops a stylized model of mergers and acquisitions that predicts that the incidence of merger and acquisition deals depends, inter alia, on the target economy's size, industrial...
Persistent link: https://www.econbiz.de/10012973145
Under financial constraints, exporting may have less to do with productivity and more to do with financial resources. The established relationship between exporting and productivity would differ when examined through the lens of the working capital needs of the firm. The hypothesis that working...
Persistent link: https://www.econbiz.de/10012973315
Transaction costs are major challenge to moving forward toward low-carbon economic growth, as new technologies or policies tend to have higher transaction costs compared with those in the business as usual situation. However, neither a well-developed theoretical foundation nor a consensus...
Persistent link: https://www.econbiz.de/10012974104
The paper proposes a modification of Baulch's parity bounds model to measure the market integration of food markets in developing countries. Instead of extrapolating a single observation of transaction costs, it estimates transaction costs. Predicted transaction costs compare well with survey...
Persistent link: https://www.econbiz.de/10012974673
The authors use newly collected data on trade and production in 178 countries to infer estimates of trade costs in agriculture and manufactured goods for the 1995-2010 period. The data show that trade costs are strongly declining in per capita income. Moreover, the rate of change of trade costs...
Persistent link: https://www.econbiz.de/10012974712