Showing 1 - 10 of 537
conventional trade cost channel and trade effects deriving from 'implicit currency misalignment'. Econometric estimation reveals … that the currency misalignment channel exerts a significant trade effect on bilateral exports. We retrieve country specific …
Persistent link: https://www.econbiz.de/10010300380
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United States, such as China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its economic growth and eventually cause deflation but...
Persistent link: https://www.econbiz.de/10010297476
. For these purposes, panel unit root tests are employed to improve power against univariate counterparts. Since cross … section correlation is a distinct feature of the underlying panel data, results are based on various second generation panel …
Persistent link: https://www.econbiz.de/10010297530
problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 … applying an instrumental variable estimation approach. …
Persistent link: https://www.econbiz.de/10010301689
from content analysis of party manifestos as measures of party preferences. In a panel of 23 OECD countries, we detect a …
Persistent link: https://www.econbiz.de/10010303002
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United States, such as China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its economic growth and eventually cause deflation but...
Persistent link: https://www.econbiz.de/10005097704
conventional trade cost channel and trade effects deriving from 'implicit currency misalignment'. Econometric estimation reveals … that the currency misalignment channel exerts a significant trade effect on bilateral exports. We retrieve country specific …
Persistent link: https://www.econbiz.de/10008494183
We use comparable micro level panel data for 14 countries and a set of identically specified empirical models to … investigate the relationship between exports and productivity. Our overall results are in line with the big picture that is by now … controlled for, and these exporter productivity premia tend to increase with the share of exports in total sales; there is strong …
Persistent link: https://www.econbiz.de/10010331061
employs a panel data technique is used. This estimator is suited for integrated annual macroeconomic panel data sets to … estimate long-run relationships between GDP per capita and its determinants of the underlying cross-section of 12 industrial … explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next …
Persistent link: https://www.econbiz.de/10010297400
We propose four different GMM estimators that allow almost consistent estimation of the structural parameters of panel …
Persistent link: https://www.econbiz.de/10010297847