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In this study, we evaluate whether survey-based indicators produce lower forecast errorsfor export growth than … expectations. However, largecountry differences in the forecast accuracy of survey-based indicators emerge. Thesedifferences are …. For hard indicators, we find only weak evidence for the export composition toexplain differences in forecast accuracy. …
Persistent link: https://www.econbiz.de/10011198482
This article aims to analyze how the financial crisis that bursted in the mid-2008 led to a global and regional drop in trade flows. It starts from a comparison of the Great Depression shock to what happened during the Great Recession. Based on the similarities and differences found in the...
Persistent link: https://www.econbiz.de/10010929250
The increasing returns revolution in trade is incomplete in an important respect --there exists no compelling empirical demonstration of the role of increasing returns in determining production and trade structure. One reason is that trade patterns of the canonical increasing returns models are...
Persistent link: https://www.econbiz.de/10005245674
In 2011 the world economy has registered an involution compared to 2010, due to diminished economic growth in countries with advanced economies. Also, a significant decrease in growth of international trade contributed to the evolution below expectations of the international economy as a whole....
Persistent link: https://www.econbiz.de/10011145137
It is generally accepted that the recent economic crisis of 2007-2010 has caused widespread economic recession in different countries. Since the ports and coastal regions are of great importance to economic infrastructure, this study examined the possible impact resulting from such a global...
Persistent link: https://www.econbiz.de/10011108429
Inequality is a lively topic. With the trends in the US and Europe, researchers have formulated two major explanations for the problem. Trade/Openness on the one hand and Skills/Computers on the other. The quot;conventionalquot; explanation is the dominant view, primarily because empirical...
Persistent link: https://www.econbiz.de/10012785276
This paper explores the impact of past and future growth in the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (PRC), and India—the ACI countries—on aggregate welfare, relative wages, and global emissions in the rest of the world. It outlines several...
Persistent link: https://www.econbiz.de/10010991097
The international economic relations have changed within the context of world trade in recent decades. This change have been observed by examining the rank of leading exporter countries in manufacture and commercial services trade and their sub sectors. The shifts have showed that the effects in...
Persistent link: https://www.econbiz.de/10010850439
In Asien entsteht eine neue Freihandelszone, und auch Lateinamerika plant den Abschluss eines Handelsabkommens. Führt der Aufstieg der neuen Wachstumsmärkte zu einem neuen Kräfteverhältnis auf dem Weltmarkt und einer Verschiebung des Schwerpunkts des Welthandels? Für Barbara Dluhosch,...
Persistent link: https://www.econbiz.de/10010877465
Based on a massive collection of data, this paper tries to make a detailed comparison between the foreign trade development patterns of two export-oriented regional economies: the Yangtze River Delta and the Pearl River Delta. It is shown that both of the deltas have made spectacular progress in...
Persistent link: https://www.econbiz.de/10010944932