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Regional integration and economic development : an empirical approach
Dion, David-Pascal - 2004
This paper contributes to the empirical literature by providing a quantitative measurement of the influence of regional trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge spillovers in a multi-country model. The...
Persistent link: https://www.econbiz.de/10010366570
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Space and growth
Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004
literature. In contrast, studies on relative location tend to be weakly linked to theory, but apply relatively sophisticated … appropriateness of such models, and identify areas of potential concern. The rather weak linkage between theory and operational models …
Persistent link: https://www.econbiz.de/10011342567
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Thirlwall's law and the terms of trade : a parsimonious extension of the balance-of-payments-constrained growth model
Pérez Caldentey, Esteban; Moreno-Brid, Juan Carlos - In: Thirlwall's law at 40, (pp. 37-59). 2021
Persistent link: https://www.econbiz.de/10013369322
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Revisiting the real exchange rate misalignment-economic growth nexus via the across-sector misallocation channel
Giordano, Claire - 2023
Real effective exchange rate (REER) imbalances may affect economic growth by altering the allocation of labour and capital across sectors. This study assesses whether the component of inter-sectoral production factor misallocation induced by REER misalignments significantly hinders economic...
Persistent link: https://www.econbiz.de/10014255788
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Explaining International Business Cycle Synchronization : Recursive Preferences and the Terms of Trade Channel
Kollmann, Robert - 2017
The business cycles of advanced economies are synchronized. Standard macro models fail to explain that fact. This paper presents a simple model of a two-country, two-traded-good, complete-financial-markets world in which country-specific productivity shocks generate business cycles that are...
Persistent link: https://www.econbiz.de/10012960598
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Explaining International Business Cycle Synchronization : Recursive Preferences and the Terms of Trade Channel
Kollmann, Robert - 2017
The business cycles of advanced economies are synchronized. Standard macro models fail to explain that fact. This paper presents a simple model of a two-country, two-traded good, complete-financial-markets world in which country-specific productivity shocks generate business cycles that are...
Persistent link: https://www.econbiz.de/10014121891
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Do unilateral trade preferences help export diversification? : an investigation of the impact of European unilateral trade preferences on the extensive and intensive margin of trad...
Gamberoni, Elisa - 2007
We analyze the impact of the EU unilateral trade preferences on both the intensive and the extensive margin of trade. Using a tobit and probit estimation we find that the impact of unilateral trade preferences on both margins is strictly linked to the sector under analysis and to the type of...
Persistent link: https://www.econbiz.de/10003872157
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Skill intensity in foreign trade and economic growth
Wörz, Julia - 2004
This paper explores the link between trade structure, trade specialization and per capita incomegrowth. It is argued that industrial upgrading in export specialization patterns has a positive long-rungrowth effect, while the effect of structural change in industrial import patterns is in...
Persistent link: https://www.econbiz.de/10011335211
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Foreign direct investment and exports stimulate economic growth? : evidence of equilibrium relationship in Peru
Bazán Navarro, Ciro Eduardo; Álvarez-Quiroz, Víctor … - In: Economies : open access journal 10 (2022) 10, pp. 1-16
The purpose of this research is to estimate the dynamic impacts of foreign direct investments (FDI) and exports on economic growth in Peru (1970-2020) using annual series. Starting with the theoretical Mundell-Fleming static model with assumptions, we find that the change in exports does not...
Persistent link: https://www.econbiz.de/10013499178
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GDP growth, terms-of-trade effects, and total factor productivity
Fox, Kevin J. - In: The journal of international trade & economic development 7 (1998) 1, pp. 87-110
Persistent link: https://www.econbiz.de/10001235038