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Recently gravity trade models are applied to disaggregated trade data. Here many zeros arecharacteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood(PPML) is still consistent, the variance covariance matrix however is invalid. Correcteconomic interpretation however...
Persistent link: https://www.econbiz.de/10009446184
This article deals with the analysis of the positive side of the foreign direct investments in the World´s economy. The …
Persistent link: https://www.econbiz.de/10009443658
competition increase as a result of China's recent accession to the World Trade Organization? Will Indonesia, Malaysia, the … model suggest that, beyond the underlying international repercussions generated by China's emergence into the international … economy, China's WTO accession per se is likely to generate additional substantial benefits for China and have little …
Persistent link: https://www.econbiz.de/10009451727
Reform of the international monetary system is under discussion after three decades of apathy. Tectonic shifts in the balance of international power have made reform more urgent. However, in the short term, there is little chance of a grand redesign of the international monetary...
Persistent link: https://www.econbiz.de/10009463977
the main features of the phase of economic recovery in China so far in 2020. These notably include, in first place, the … possible to fully extrapolate the experience of China to other economies, owing to the combination of some specific factors …
Persistent link: https://www.econbiz.de/10012525229
kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern … aufgeworfen, wie die Interaktion zwischen DI und inländischem Wirtschaftswachstum zu sehen ist. Auch wenn in der theoretischen als … auch empirischen Literatur signifikante Belege für eine Verbindung zwischen DI und Wirtschaftswachstum zu finden sind, so …
Persistent link: https://www.econbiz.de/10009476170
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