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Geography vs. institutions at the village level
Grimm, Michael; Klasen, Stephan - 2008
There is a well-known debate about the roles of geography versus institutions in explaining the long-term development … Robinson (2001) was to address this last point by using settler mortality as an instrument for geography-induced endogenous … mechanisms from geography via institutions to economic development outcomes. In particular, we examine the determinants of …
Persistent link: https://www.econbiz.de/10010264330
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Exchange rate regimes and trade
Adam, Christopher; Cobham, David - Money Macro and Finance Research Group - 2007
A ‘new version’ gravity model, is used to estimate the effect of a full range of de facto exchange rate regimes, as classified by Reinhart and Rogoff (2004), on bilateral trade. The results indicate that, while participation in a common currency union is typically strongly...
Persistent link: https://www.econbiz.de/10004971113
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Geography vs. Institutions at the Village Level
Grimm, Michael; Klasen, Stephan - CESifo - 2008
There is a well-known debate about the roles of geography versus institutions in explaining the long-term development … Robinson (2001) was to address this last point by using settler mortality as an instrument for geography-induced endogenous … mechanisms from geography via institutions to economic development outcomes. In particular, we examine the determinants of …
Persistent link: https://www.econbiz.de/10005094269
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Alternative Exchange Rate Regimes for MENA countries: Gravity Model Estimates of the Trade Effects
Adam, Christopher; Cobham, David - Centre for Economic Reform and Transformation, School … - 2008
Middle East and North African (MENA) countries have traditionally anchored their currencies largely on the US dollar, but the creation of the euro means that there is now for the first time a real alternative numéraire and anchor available. This paper estimates the effect of a menu of exchange...
Persistent link: https://www.econbiz.de/10005649927
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Exchange Rate Regimes and Trade
Adam, Christopher; Cobham, David - Centre for Economic Reform and Transformation, School … - 2005
A 'new version' gravity model is used to estimate the effect of de facto exchange rate regimes, as classified by Reinhart and Rogoff (2004), on bilateral trade. The results indicate that, while participation in a common currency union is typically strongly 'protrade' - as first suggested by Rose...
Persistent link: https://www.econbiz.de/10005518424
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Modelling multilateral trade resistance in a gravity model with exchange rate regimes
Cobham, David; Adam, Christopher - Centre for Dynamic Macroeconomic Analysis, University … - 2007
In estimating a gravity model it is essential to analyse not just bilateral trade resistance, the barriers to trade between a pair of countries, but also multilateral trade resistance (MTR), the barriers to trade that each country faces with all its trading partners. Without correctly modelling...
Persistent link: https://www.econbiz.de/10005673188
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Geography vs. Institutions at the Village Level
Grimm, Michael; Klasen, Stephan - Institute for the Study of Labor (IZA) - 2008
There is a well-known debate about the roles of geography versus institutions in explaining the long-term development … Robinson (2001) was to address this last point by using settler mortality as an instrument for geography-induced endogenous … mechanisms from geography via institutions to economic development outcomes. In particular, we examine the determinants of …
Persistent link: https://www.econbiz.de/10005762190