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This Selected Issues and Statistical Appendix paper assesses Romania’s external competitiveness by reviewing recent developments in a range of standard indicators and estimating equilibrium real exchange rates. The results suggest that, although Romania’s historical cost advantage vis-à-vis...
Persistent link: https://www.econbiz.de/10011243014
Agriculture in poor countries has low productivity, high employment, and negligible trade flows relative to other … sectors. These facts motivate a multi-sector, open-economy view of international productivity differences. With a quantitative … countries, especially in agriculture -- significantly contribute to international productivity differences; and (3) explicitly …
Persistent link: https://www.econbiz.de/10010930478
Poor countries have low labour productivity in agriculture relative to other sectors, yet predominantly consume … domestically produced food. The existing literature on cross-country agricultural and aggregate productivity differences abstracts …-Kortum trade model, I show these distortions reconcile the cross-country productivity data with observed trade flows. Through …
Persistent link: https://www.econbiz.de/10010538749
productivity differences. Poor countries have low labour productivity in agriculture relative to other sectors, yet predominantly … international trade to: (1) measure sectoral productivity and trade costs across countries; and (2) quantify the impact of low poor …-country food imports on international income and productivity gaps. Specifically, I expand on Yi and Zhang [2010] and modify an …
Persistent link: https://www.econbiz.de/10008742965
This paper applies a robust empirical methodology, which considers issues relating to cross-country heterogeneity and cross-sectional dependence, to inspect the contributions of gender equality and factor income distribution to an economy's growth path. A dynamic model of aggregate demand is...
Persistent link: https://www.econbiz.de/10012830067
This paper deals with the question of whether the discrimination against agriculture that prevailed in Sub-Saharan Africa until the early 1980s has continued to characterize the region despite the widespread adoption of structural adjustment programs. The evolution of both direct interventions...
Persistent link: https://www.econbiz.de/10011495498
Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...
Persistent link: https://www.econbiz.de/10010933116
Persistent link: https://www.econbiz.de/10011647093
We look at the drastic cut of the administered cocoa producer price in 1990 Côte d'Ivoire and study to which extent cocoa producers' children su®ered from this severe aggregate shock in terms of school enrollment, labor, height stature and morbidity. Using pre-crisis (1985-88) and post- crisis...
Persistent link: https://www.econbiz.de/10011072379
Persistent link: https://www.econbiz.de/10011381474