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Foreign currency reserves are of great significance to any developing country's economic growth prospects. Exports have been for long decades regarded as a major source of foreign currency and a driving force for economic growth. This paper empirically examines the export-led growth paradigm for...
Persistent link: https://www.econbiz.de/10013012444
Korean defense exports have grown at a higher rate than anywhere else in the world in the five year period from 2017 to 2021, exploding by 177 percent and positioning Korea as the world’s eighth-largest defense exporter. Moreover, if after final accounting Korean defense exports came to more...
Persistent link: https://www.econbiz.de/10014259906
Agriculture plays a critical role in the majority of African Countries' economy. The sector is not only a major employer but also a significant source of export earnings and hence it has a high multiplier effect. This very fact makes agricultural market access issues of major concern to African...
Persistent link: https://www.econbiz.de/10012974852
Africa’s largest trade partner, China, criticised for exchanging resources for manufactures, has promised to increase imports and optimise the structure of trade with Africa. Using a gravity model of China’s imports for the years 1995-2009, we explore potential dynamics for this promise,...
Persistent link: https://www.econbiz.de/10014147861
Empirical findings across many nations show that exporters have superior productivity compared to non-exporters and that this relationship is driven by productive firms becoming exporters. The conclusion drawn from these studies is that there is little learning from exporting. We, however,...
Persistent link: https://www.econbiz.de/10014061893
Agriculture plays a critical role in the majority of African Countries’ economy. The sector is not only a major employer but also a significant source of export earnings and hence it has a high multiplier effect. This very fact makes agricultural market access issues of major concern to...
Persistent link: https://www.econbiz.de/10014045032
We construct a new global commodity-level export dataset to analyze the persistence of export patterns as proxies of productive capabilities across the first and the current waves of globalization. We find that productive capabilities are path-dependent and historical capabilities are powerful...
Persistent link: https://www.econbiz.de/10013197407
We investigate the degree of “Exports of Goods and Services” for 27 European Countries in the period 2010-2019 with an equation of 48 variables. Data are estimated with Panel Data with Fixed Effects, Panel Data with Random Effects, Pooled OLS and WLS. We found that the “Exports of Goods...
Persistent link: https://www.econbiz.de/10013211271
This paper explores the link between exchange rate volatility of European currencies and economic performance of several countries in the Middle East and North Africa (MENA). The elimination of intra euro-zone exchange rate volatility resulting from the introduction of the euro is estimated to...
Persistent link: https://www.econbiz.de/10013317736
Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms....
Persistent link: https://www.econbiz.de/10011700153