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This paper reconsiders the Balassa-Samuelson (BS) hypothesis. We analyze an OECD country panel from 1970 to 2008 and compare three data sets on sectoral productivity, including newly constructed data on total factor productivity. Overall, our within- and between-dimension estimation results do...
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Using a dataset of 101 countries over the 1960–2011 period, we examine the relationship between the real effective exchange rate (REER), on the one hand, and trade openness, trade balance, the terms of trade, factor productivity, and exchange rate regime, on the other one. We use new...
Persistent link: https://www.econbiz.de/10011865211
This study attempts to empirically examine the impacts of the China-Africa economic relationship on factor productivity …. The two-step system Generalized method of moments (GMM) estimator is applied to analyze the impacts of the Africa-China … economic relationship on factor productivity of 44 African countries controlling Africa-China trade, Chinese foreign direct …
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