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It is common practice in empirical development macroeconomics to use cross-country samples for econometric analyses. One issue that is rarely addressed in this literature is the appropriateness of pooling when panels are used. In particular, does it matter to the results if the countries exhibit...
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Given the significant inflows of foreign aid to sub-Saharan Africa (SSA) the possibility of Dutch Disease has been a concern. Most macroeconomic models predict that aid inflows, especially if large and/or unanticipated (shocks), will lead to an appreciation of the real exchange rate and...
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on imports from the EU under Economic PartnershipAgreements (EPAs), considering trade, welfare and revenue effects. Even … assuming ‘immediate’complete elimination of all tariffs on imports from the EU, some two-thirds of ACP countries arelikely to … isidentifying the sensitive products (SPs) to be excluded from tariff reduction. We exclude productswhere ACP imports compete with …
Persistent link: https://www.econbiz.de/10009445731
on imports from the EU under Economic Partnership Agreements (EPAs), considering trade, welfare and revenue effects. Even … assuming ‘immediate’ complete elimination of all tariffs on imports from the EU, some two-thirds of ACP countries are likely to … imports compete with the EU (as SPs have to be agreed at the regional ACP level). In general, excluding SPs on these criteria …
Persistent link: https://www.econbiz.de/10005039381
An important feature of aid to developing countries is that it is given to the government. As a result aid has the potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on policy, it has tended to neglect the effect of aid on...
Persistent link: https://www.econbiz.de/10005468577
The direct effects of EPAs on ACP countries arise from the requirement to eliminate tariffs on most imports from the EU …. While consumers gain from cheaper imports, the government losses tariff revenue and producers face increased completion … eliminating tariffs on imports from the EU under an EPA, and discusses the associated adjustment costs. Although the ACP overall …
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