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the subprime crisis. However, being highly dependent on exports, Thailand, along with other export oriented East Asian …This paper reviews Thailand's structural changes, the 1997 crisis experience, and recovery and lessons from the crisis … recovery from the 1997 crisis left Thailand more dependent than ever on exports as the main engine of growth, with the ratio of …
Persistent link: https://www.econbiz.de/10003901450
paper explores the validity of the tourism-led growth hypothesis for Thailand using quarterly data from 2006 to 2017. The … that the tourism-led growth hypothesis holds for Thailand …
Persistent link: https://www.econbiz.de/10013214874
This paper explores the relationship between export, import, and output for Thailand over the period from 1990 to 2017 … evidence confirms that the export-led growth hypothesis is valid, implying feedback within the export-output growth nexus …. During business cycles, the export-output characteristics in economic cycles can be classified by the two-threshold VAR and …
Persistent link: https://www.econbiz.de/10012021578
relationship between real exports and real GDP in Thailand using quarterly data from 1993 to 2008. The results from the bounds … testing for cointegration in a multivariate framework show that there is evidence of the validity of the export-led growth … hypothesis, even though some previous studies that used Thailand data reject it. There exists the long-run causation running from …
Persistent link: https://www.econbiz.de/10014182895
In this paper, we investigate the relationship between export performance and economic growth in Russian regions. We … propose a methodology for decomposition of export growth into intensive and extensive margins and distinguish between product … Russian regions are associated with higher intensive margin. We reveal significant differences in export survival of …
Persistent link: https://www.econbiz.de/10011374069
In 2007, Hausmann, Hwang and Rodrik (HHR) demonstrated that export specialization patterns have important implications … between export sophistication and economic growth. As a result, we argue that EXPY is not a good predictor of future economic … performance when the prices of primary commodities are unstable. Policy makers must be aware that, while what countries export is …
Persistent link: https://www.econbiz.de/10011305993
This paper adopts panel data methodologies to investigate the impact of trade liberalisation on export growth and …
Persistent link: https://www.econbiz.de/10009744601
in European exporters and in their export destination markets on export performance as reflected in total export growth … and growth in various export margins. Our findings point to an important role for both demand and supply side factors. …
Persistent link: https://www.econbiz.de/10011504500
We investigate and compare countries' export growth based on their performance at the extensive and intensive export … export markets but shortly exit when it learns its per-period fixed costs. We apply this insight to disaggregated export data … and confirm that indeed most export relationships are very short lived. We then show that the survival issue is a …
Persistent link: https://www.econbiz.de/10013137332
We find that Chinese trade flows respond to economic activity and relative prices - as represented by a trade weighted exchange rate - but the relationships are not always precisely or robustly estimated. Chinese exports are generally well-behaved, rising with foreign GDP and decreasing as the...
Persistent link: https://www.econbiz.de/10013104874