Showing 1 - 10 of 11,889
In the pre-reforms period the trade policy in Latin America had involved very high levels of protection and government … intervention. The recent trade liberalization policies of the Latin American countries have sought to reverse the protectionist … paper discusses the impact of trade openness policy on tariff structure, export competitiveness, inflation and economic …
Persistent link: https://www.econbiz.de/10005427084
This article shows how institutional quality can affect the relationship between trade and growth. Our model looks at … institutions gain more (in terms of growth) from trade than countries with weak institutions, due to the effect of institutions on … trade policy. It is also possible to show that the quality of institutions in one country can spill over into another by …
Persistent link: https://www.econbiz.de/10010555923
This paper provides new evidence of the effects of road construction on both domestic and international trade flows in … those supported by multilateral development banks. We find that road construction helped to reduce trade costs significantly … internal trade costs decreases by 20%, and the ad valorem rate of international trade costs decreases, on average, by 15 …
Persistent link: https://www.econbiz.de/10014442313
tourist, trade and economic growth. Although tourism is one of the major components in the trade of services, and it has been …-relationship between economic development, total trade (import and export) and number of tourist arrival for Malaysia and her major tourism …, volume of total trade and economic development’s indicator shows that these three variables are moved in tandem …
Persistent link: https://www.econbiz.de/10008583572
This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the … Suez Canal as an instrument for trade, I find that trade leads to higher economic growth, and lower probability of … recession or economic slowdown. There is no evidence that trade reduces growth volatility, however. …
Persistent link: https://www.econbiz.de/10011112311
trade restrictions. Recent work, notably Rodriguez and Rodrik (2000), asserts that all the evidence is fragile, implying … that economists who believe that trade restrictions played a role in this poor performance do so largely on faith. This … for the question or are bound to have low statistical power. After revising and updating measures of trade openness used …
Persistent link: https://www.econbiz.de/10005162669
This paper provides new evidence of the effects of road construction on both domestic and international trade flows in … those supported by multilateral development banks. We find that road construction helped to reduce trade costs significantly … internal trade costs decreases by 20%, and the ad valorem rate of international trade costs decreases, on average, by 15 …
Persistent link: https://www.econbiz.de/10014549262
In the present contribution, we concentrate on the process of financial liberalization in a specific context of European economic and monetary integration. We implement de facto and de jure measures of financial liberalization and find that formal aspects of financial openness generate a...
Persistent link: https://www.econbiz.de/10011374352
Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 6-digit OECD export...
Persistent link: https://www.econbiz.de/10009781524
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10011397182