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It has been emphasized that international promotion activities such as state visits or the presence of embassies, consulates and export promotion agencies help foster trade when there are search costs and/or uncertainty. In this paper we try to disentangle the differential effect that foreign...
Persistent link: https://www.econbiz.de/10012529959
Decomposition of country’s export gives us to opportunity to understand the sources of exports growth. This paper decomposes Kazakhstan export into four margins extensive, intensive, price and quantity. We analyzed Kazakhstan’s export performance using data at the 6-digit level over period...
Persistent link: https://www.econbiz.de/10011529214
Decomposition of country’s export gives us to opportunity to understand the sources of exports growth. This paper decomposes Kazakhstan export into four margins extensive, intensive, price and quantity. We analyzed Kazakhstan’s export performance using data at the 6-digit level over period...
Persistent link: https://www.econbiz.de/10015336550
the crypto space. Still, empirical evidence on whether Bitcoin is an asset that protects investors against inflation is … still inconclusive. To contribute to this debate, we analyze the effect of inflation shocks on bitcoin returns through the … estimation and inference of Vector Autoregressive Models (VARs). Unlike previous research on the topic, we identify inflation …
Persistent link: https://www.econbiz.de/10015213262
This paper examines the usefulness of the Zillow Observed Rent Index (ZORI) in predicting CPI rent inflation. Using … CPI rent inflation, its effectiveness is limited to periods when there is a significant disparity between these two … statistically significant difference between models that incorporated Zillow rent inflation and those that did not. However …
Persistent link: https://www.econbiz.de/10015213402
ascertain the relationship between fiscal deficits and inflation. To do so, the author incorporates a Selden-Latané money … of high inflation in Mexico during the last three decades of the twentieth century. …
Persistent link: https://www.econbiz.de/10015213459
product (GDP), interest rates, and inflation rates for financial deepening (FD) in Ghana. GDP per capita and interest rates … exhibit statistically significant impacts on FD in Ghana, whereas inflation exerts an insignificant inverse effect. The …
Persistent link: https://www.econbiz.de/10015213482
-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted … from the IMF (WDI) and BCEAO database. Our results highlight a unidirectional causality between inflation and economic … growth and support the view that public spending controls can reduce inflation. Economic growth is the main channel through …
Persistent link: https://www.econbiz.de/10015213526
-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted … from the IMF (WDI) and BCEAO database. Our results highlight a unidirectional causality between inflation and economic … growth and support the view that public spending controls can reduce inflation. Economic growth is the main channel through …
Persistent link: https://www.econbiz.de/10015213529
This note examines Prabhat Patnaik's argument that the contemporary international financial system crucially requires the stability of oil prices in terms of the dollar. By comparing the macroeconomic impact of recent oil shocks to those of the 1970s, it argues that sharp changes in the dollar...
Persistent link: https://www.econbiz.de/10015213571