Showing 1 - 10 of 19,098
emerging and advanced economies. We assess the impact of appreciations, productivity booms and capital inflows surges using a … propensity-score matching approach to address causality issues. We show that appreciations associated with higher productivity …
Persistent link: https://www.econbiz.de/10010348280
emerging and advanced economies. We assess the impact of appreciations, productivity booms and capital flow surges using a … propensity-score matching approach to address causality issues. We show that appreciations associated with higher productivity …
Persistent link: https://www.econbiz.de/10010338713
Solow productivity paradox and spawned the New Economy (NE) in Australia in the late 1990s. Both growth accounting estimates …
Persistent link: https://www.econbiz.de/10013104440
. We also find that the transfer theory does not necessarily hold and it even behaves in the opposite direction in case of …
Persistent link: https://www.econbiz.de/10012889778
The Australian dollar is known as a commodity currency because it is sensitive to fluctuations of commodity prices. Although the structure of Australian production has historically moved from the primary commodities to manufacturing and services, market expectations of the currency are still...
Persistent link: https://www.econbiz.de/10012062695
The Chinese government has been hesitant to revalue the yuan out of concern over the negative impact revaluation would have on the domestic economy. To maintain a stable exchange rate, however, the authorities have had no choice but to tolerate large balance of payment surpluses and a rapid...
Persistent link: https://www.econbiz.de/10014055361
impact on the ROW. The opening-up of China is beneficial to the ROW if it led to significant productivity growth in China … perspective. -- Chinese Growth ; Reform and Opening-up ; Productivity ; Terms of Trade …
Persistent link: https://www.econbiz.de/10009161992
Available evidence supports the view that growth is faster in more open economies. In order to analyze the implications of openness and growth on determinacy and learnability of worldwide rational expectations equilibria we develop a two-country New Keynesian model with growth. We analyze these...
Persistent link: https://www.econbiz.de/10009696036
Based on a dynamic open-economy macroeconomic model, this paper aims at understanding the contribution of domestic financial underdevelopment to foreign reserve accumulation in some emerging market economies, especially in China. It is argued that foreign reserve accumulation is part and parcel...
Persistent link: https://www.econbiz.de/10013076609
We examine the role of capital account policy pertaining to productivity growth and labor allocation at the sectoral … — strategic capital account policy — contribute to the real GDP (TFP) growth through the enhancement of labor productivity in the … the manufacturing sector, the combined policy facilitates long-running productivity growth …
Persistent link: https://www.econbiz.de/10012844518