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The paper empirically examines the differential effects of trade on economic growth and investment based on cross …-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the … literature. However, the empirical results based on different categories of countries show that whereas trade has positively …
Persistent link: https://www.econbiz.de/10011845329
In this paper we compare the patterns of trade and financial integration by exploiting network analysis. Our results … on the topological structure and properties of the international trade and financial networks (ITN and IFN). We find that … central ones and use them as hubs to access the rest of the network. -- International Trade ; International Financial Flows …
Persistent link: https://www.econbiz.de/10003744958
The authors analyse patterns of international trade and financial integration using complex network analysis. The … properties of international trade and financial networks (ITN and IFN). It is found that the ITN is more densely connected than … in financial markets, suggesting that the bulk of trade in financial assets occurs through a handful of countries acting …
Persistent link: https://www.econbiz.de/10013124994
Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to … the prediction of recent heterogeneous firm models of international trade, the main finding of the paper is: more …
Persistent link: https://www.econbiz.de/10013090954
The paper draws a link between the conditions for low pass-through when there are flexible prices, and local-currency pricing when there are sticky nominal prices. It shows that the condition under which pass-through is less than one-half when prices are flexible is the same as the condition...
Persistent link: https://www.econbiz.de/10012729335
towards growth of the total factor productivity in the economy. The input of the foreign trade component, which is linked to …
Persistent link: https://www.econbiz.de/10013009638
that determine foreign trade were analyzed. For this purpose, considering the annual data belongs to 1994-2016 period unit … the relationship and the direction of impact between foreign trade balance and determinants of foreign trade. As a result … been found between foreign trade balance and foreign direct investments, foreign income and reel exchange rate, negative …
Persistent link: https://www.econbiz.de/10012062674
measures present policy challenges for emerging markets (EMs), which have become increasingly exposed to global trade. This … trade. We focus on differences between advanced economies (AEs) and EMs in trade linkages, production structures, and factor … supplies. Second, we build a dynamic, general equilibrium, quantitative trade model featuring multiple countries, sectors and …
Persistent link: https://www.econbiz.de/10014048845
quickly for nearly 20 years, from later 1960s to later 1980s and the distance effects are most affected by bilateral trade of … non-high income countries. This rising distance effect owns to the fact that the bilateral trade between non-high income … countries increase quickly and the extremely high trade cost between developing countries, therefore, there is no distance …
Persistent link: https://www.econbiz.de/10013149887
. For instance, landlockedness is less restrictive when the trading partners are contiguous; language elasticity of trade is … lower when contiguous countries trade, especially when they are also colonially linked. We also find, for example, that the …
Persistent link: https://www.econbiz.de/10013309481