Showing 1 - 10 of 1,435
stronger political institutions, as measured by democracy indicators, manage to alleviate some of the adverse effects of US …
Persistent link: https://www.econbiz.de/10014464169
We analyse potential consequences of the forthcoming Trade and Investment Partnership between the European Union and the United States (TTIP) for trade orientation of both partners. We do it with the short analysis of the characteristics of the third wave of regionalism and the TTIP position in...
Persistent link: https://www.econbiz.de/10012016806
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining "border effects" that are arguably related to the ICT revolution...
Persistent link: https://www.econbiz.de/10012216588
Economy-wide shocks affect demand, supply, and intermediary sectors simultaneously. We dissect the impact of the Covid-19 pandemic on international trade by combining information from customs records, smartphone-based human mobility, and container ship port calls. We find that local disruptions...
Persistent link: https://www.econbiz.de/10015057719
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10003832092
Development aid does not always exert the desired positive effect on economic growth in recipient countries and it is even feared that it may reduce total factor productivity (TFP) and may discourage recipient countries ́efforts. This study seeks to contribute to the research on aid...
Persistent link: https://www.econbiz.de/10011383601
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10012753136
The 2006 Services Directive was designed to stimulate the free circulation of services within the European internal market. Owing to their relatively poor tradability and considerable political sensitivity, the services that had not been liberalized by ad hoc EU legislation were still mostly...
Persistent link: https://www.econbiz.de/10012866262
democracy and a market economy with different speed and sequencing. The related political-economy issues gave rise to an ongoing … debate on the question as to whether the introduction of democracy in view of comprehensive economic reforms may better be … delayed. After some theoretical considerations around governance, democracy, and reforms an overview of empirical studies on …
Persistent link: https://www.econbiz.de/10010300891
liberalizations correspond to the event of becoming a democracy. Using a difference-indifference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10011450308