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We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows … into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect … deep drivers of trade by extending standard new trade models to include endogenous factor accumulation, R&D driven …
Persistent link: https://www.econbiz.de/10011444883
The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be … overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional …
Persistent link: https://www.econbiz.de/10012023952
trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … consumer and less of an assembler. This provides ground for optimism about the prospects of trade with the PRC as a source of …
Persistent link: https://www.econbiz.de/10003899253
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global financial and economic crisis has sharply curtailed gross...
Persistent link: https://www.econbiz.de/10003899275
country regressions as a methodology of analysis of issues relating to growth, trade and other issues. Both proponents (e ….g. Sachs and Warner (1995)) and opponents (Rodriguez and Rodrik (1999)) of the view that openness to trade is linked to higher …
Persistent link: https://www.econbiz.de/10010369159
country regressions as a methodology of analysis of issues relating to growth, trade and other issues. Both proponents (e ….g. Sachs and Warner (1995)) and opponents (Rodriguez and Rodrik (1999)) of the view that openness to trade is linked to higher …
Persistent link: https://www.econbiz.de/10011609050
We build upon new developments in the international trade literature to isolate and quantify the long-run economic … impacts of tariff changes on the United States and the global economy. In particular, we apply the most recent data and trade … between the United States and China. To fit the reality of the current trade policy shift, our analysis also allows for quotas …
Persistent link: https://www.econbiz.de/10011936540
We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows … into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect … deep drivers of trade by extending standard new trade models to include endogenous factor accumulation, R&D driven …
Persistent link: https://www.econbiz.de/10012994081
We investigate and compare countries' export growth based on their performance at the extensive and intensive export margins. Our empirical approach is motivated by an extension to the Melitz (2003) model of heterogeneous firms in which exporters are subject to a one-time sunk cost and also a...
Persistent link: https://www.econbiz.de/10013137332
World trade growth rates have significantly slowed: in 2015, the volume of world trade went up by 2.8% and according to … row when the trade turnover will increase by less than 3%. Furthermore, during the period from 1990 through 2008 the …
Persistent link: https://www.econbiz.de/10012986096