Showing 1 - 10 of 27
that adoption of broadband internet makes trade patterns more sensitive to distance and economic size. Going from no … broadband availability to full coverage increases the magnitude of the elasticity of trade with respect to distance by 0.12, and … the elasticity of trade with respect to destination size by 0.06. For distance, this means that an increase in internet …
Persistent link: https://www.econbiz.de/10012058692
This paper examines the impact of North-South trade, education, governance and North-South distance, on technology …, and falls with distance to the North; ii) an increase of LAC’s ETG to East Asia’s levels raises TFP by 165%, fully … gaps; and iv) South America’s loss of TFP relative to Mexico associated with its greater distance to US-Canada (both Europe …
Persistent link: https://www.econbiz.de/10011649262
religion between groups. The resulting distance-adjusted ethno-linguistic fractionalization index (DELF) is based on highly … shows that this does not hold true for ethnic diversity in more developed countries. As regards the cultural distance …
Persistent link: https://www.econbiz.de/10011422513
This paper examines the impact of education, governance and North-South trade- and distance-related technology … preceding the Great Recession (1976-2007) in a new model that integrates models of trade-related and distance …-related international technology diffusion. Our model’s explanatory power is 38% (62%) greater than that of the main trade-related (distance …
Persistent link: https://www.econbiz.de/10011729231
find that the speed depends on distance, political borders, and on the political importance of a city. Furthermore …
Persistent link: https://www.econbiz.de/10010306210
The rapid transition of China from a closed agricultural society to an industrial powerhouse has been associated with a rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions have been arising ranging from holding China partly...
Persistent link: https://www.econbiz.de/10011604739
, namely transport times instead of geographical distance, and GDP in PPP instead of nominal. Replacing distance with transport …
Persistent link: https://www.econbiz.de/10012099850
Financial stability is an important policy objective, since crises are associated with large economic, social and political costs. Promoting stability requires preventing 'sudden stops' in capital flows, which are events in which foreign financing abruptly disappears. This paper contributes to...
Persistent link: https://www.econbiz.de/10010278261
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflows, crashes in currencies, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to...
Persistent link: https://www.econbiz.de/10010278282
Open regionalism and trade cooperation between the world's two largest developing countries, the People's Republic of China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage and available factor endowments. In view of the recent wave...
Persistent link: https://www.econbiz.de/10010279691