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This study improves the African Regional Integration Index (ARII) proposed by the African Union, the African Development Bank and the United Nations Economic Commission for Africa by providing a theoretical framework and addressing shortcomings related to weighting and aggregation of the...
Persistent link: https://www.econbiz.de/10012150492
This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special attention is given to possible changes in the convergence process during the euro cash changeover. We apply the convergence approach using both panel estimates of changes in the...
Persistent link: https://www.econbiz.de/10010425231
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …
Persistent link: https://www.econbiz.de/10011623991
Persistent link: https://www.econbiz.de/10014471756
Investment, the entry of foreign firms depends of a large extent on the country's goodwill, which is reflected in various ratings. This representation of the situation is approximate, as it does not estimate the differences between the values of the indicators with adjacent grades. This can be...
Persistent link: https://www.econbiz.de/10014330636
The aim of this study is to analyse the development of new industrial specialisations and the process of export diversification both at the country and the regional level for the EU countries over time. It examines to what extent these processes show path dependent properties, whether persistent...
Persistent link: https://www.econbiz.de/10012960839
Are there contemporary development effects of African resistance to European domination? This question is the primary issue addressed by this inquiry. We establish that African resistance has had adverse effects on post-colonial African development and discuss possible channels of such...
Persistent link: https://www.econbiz.de/10011496363
This paper explores the relationship between trade, trade liberalization, and exports diversification in developing and … trade (based on trade intensity) tend to have more diversified exports structures than those that are classified as less … diversified exports structures. Regarding the parametric analysis, the findings provide further evidence that trade liberalization …
Persistent link: https://www.econbiz.de/10011956829
Persistent link: https://www.econbiz.de/10011695787
Persistent link: https://www.econbiz.de/10011695788