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Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...
Persistent link: https://www.econbiz.de/10010082273
vision for agriculture and manufacturing sectors. In this paper, we try to determine the impact of external terms of trade … and domestic (the latter considers foreign trade policy) on the product of both sectors and unemployment rates. To this …:1-2011:1. It is noted that the variance of agricultural GDP is mostly explained by shocks in the external terms of trade, unlike …
Persistent link: https://www.econbiz.de/10010049027
) trade flows. Using a traditional gravity-equation framework, we try to see to what extent the bilateral trade flows between … trade patterns. The main conclusion is that NAFTA did not have a significant effect on US trade patterns, neither with … Mexico nor with other countries in the world (with the exception of CACM). -- NAFTA ; gravity model ; trade diversion ; fixed …
Persistent link: https://www.econbiz.de/10009959068
The purpose of this paper is to analyse the effects of economic integration among countries on firms investment decisions when such decisions are taken strategically. It is shown that, in this context, the traditional "tariff jumping" argument is not always applicable and that localisation...
Persistent link: https://www.econbiz.de/10009959070
upside down: the terms of trade are moving in favor of the primary goods exports of South America which are outperforming in …
Persistent link: https://www.econbiz.de/10010147978
over the period of 1981 till 2010. Besides FDI, four other variables including Debt, Trade, Inflation and Domestic … economy. Moreover, the nation’s debt, trade and inflation have found to have negative impact on its GDP. -- foreign direct …
Persistent link: https://www.econbiz.de/10010097686
. -- import penetration ; China ; imports price ; extensive margin ; intensive margin …
Persistent link: https://www.econbiz.de/10009959073
The industry of the bovine meat is important in the economy of the Argentine Republic for being an activity with old tradition, has a world-wide recognition of quality and it constitutes a source of currency entrance by exports. The sector counts with comparative advantages for the production...
Persistent link: https://www.econbiz.de/10010049028
This paper examines the functional relationships between income inequality, economic factors, institutions, and Kuznets' inverted-U hypothesis. A model that incorporates interactive as well as direct effects of several factors to capture their combined effect on inequality is developed. The...
Persistent link: https://www.econbiz.de/10009958061
Entrepreneurship is considered to be an important mechanism for economic development through employment, innovation and … development, the factor-driven stage, the efficiency-driven stage and the innovation-driven stage. Second, to examine the … empirical evidence on the relationship between stages of economic development and entrepreneurship. Third, to present a summary …
Persistent link: https://www.econbiz.de/10009959095