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Competitiveness of a nation is associated with a set of characteristics that enable structural adjustment to global technological trends, and as a consequence, a rise in the living standard of its citizens. For catching-up economies, GDP convergence towards the most developed economies,...
Persistent link: https://www.econbiz.de/10011877222
From a macroeconomic perspective and using input-output techniques, this paper investigates to what extent, and how, the growing use of intermediates imported from China has contributed to the productivity growth within the manufacturing production processes of 22 high-income countries. Using...
Persistent link: https://www.econbiz.de/10013314709
Economists have long debated whether the real exchange rate (RER) has a significant impact on export performance and … output growth. Some claim that export performance depends only on nonprice competition and the RER is irrelevant to long …
Persistent link: https://www.econbiz.de/10014433725
This paper analyzes how firms with different financial strength levels respond to demand shocks in their export markets … 2014, which allows us to analyze the effects of several macroeconomic shocks affecting the export product demand and … performance of exporting firms. We find that financially stronger export firms are better positioned during both positive and …
Persistent link: https://www.econbiz.de/10014425970
testing for cointegration in a multivariate framework show that there is evidence of the validity of the export-led growth …
Persistent link: https://www.econbiz.de/10014182895
and Economic Crisis (GFEC), Italy followed an export-led recovery strategy. In this respect, Germany's growth model … to a series of painful but necessary economic reforms. The success of Germany's export-led mercantilist regime became … particularly attractive to Italy given the similar export-oriented manufacturing industry. However, Italy has followed the 'wrong …
Persistent link: https://www.econbiz.de/10014516161
-Keynesian tradition and recently adopted in the comparative political economy (CPE) literature. We argue that Italy followed an export … necessary economic reforms. The success of Germany's export-led mercantilist regime became particularly attractive to Italy … given the similar export-oriented manufacturing industry. However, Italy has followed the "wrong" German model based on wage …
Persistent link: https://www.econbiz.de/10013535816
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10010382160
export-led growth (ELG) and FDI-led growth hypotheses hold true in the long and short run. To reinforce the FDI inflows …
Persistent link: https://www.econbiz.de/10013003215
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10013035961