Showing 61 - 70 of 89,353
presents several conventional techniques for assessing competitiveness, namely the real exchange rate and recent trade … many post-conflict situations. The real exchange measure and trade measures suggest some mild erosion of competitiveness in …This paper assesses competitiveness in the case of the Central African Republic, a postconflict country. The paper …
Persistent link: https://www.econbiz.de/10005768991
" foreign direct investment, and the empirical literature on trade and growth. Finally we use a numerical simulation model of …
Persistent link: https://www.econbiz.de/10005769071
This paper examines the effects of trade costs on macroeconomic volatility. We first construct a dynamic, two …-country general equilibrium model, where the degree of market integration depends directly on trade costs (transport costs, tariffs …, etc.). The model is a extension of Obstfeld and Rogoff (1995). Naturally, a reduction in trade costs leads to more market …
Persistent link: https://www.econbiz.de/10005769265
This paper discusses Ireland's trade and financial linkages with key partner countries, and uses a vector … autoregression to examine the impact of shocks to partner country GDP and shocks to Irish competitiveness on Irish GDP. Two main … of the variance of Irish GDP explained by shocks to competitiveness rises with the forecast horizon, suggesting that past …
Persistent link: https://www.econbiz.de/10005599423
This paper uses an applied general equilbrium model to decompose the effects of changes in trade and technology …-related variables on wages of skilled and unskilled labor between 1982 and 1996 in the United States. The results indicate that trade …-related variables (tariff cuts, improvement in the terms of trade, and the increase in the trade deficit) had little impact on the …
Persistent link: https://www.econbiz.de/10005599575
effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform. …
Persistent link: https://www.econbiz.de/10005599680
This paper extends Grossman and Helpman’s seminal work (1991), and presents an endogenous growth model where innovations created in a high-tech sector may be assimilated or adapted by a low-tech sector. Applying a simple Heckscher-Ohlin framework, the effects of technological diffusion are...
Persistent link: https://www.econbiz.de/10005599706
This paper examines the factor intensity of South Africa's trade. The conclusion is that South Africa is revealed … though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South … Africa's trade with its high income partners, which should presumably have been more capital-rich than South Africa. Moreover …
Persistent link: https://www.econbiz.de/10005599745
subject to random shocks affecting endowments, the terms of trade, and the real interest rate. Equilibrium stochastic … mimics the Harberger-Laursen-Metzler effect, but cannot account for a countercyclical trade balance, the variability of the … real exchange rate, and the income elasticity of imports. The results also show that the correlation between the trade …
Persistent link: https://www.econbiz.de/10005605153
This paper examines the mechanisms through which output volatility is related to trade openness using an industry …-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to … international trade are more volatile. Second, trade is accompanied by increased specialization. Third, sectors that are more open …
Persistent link: https://www.econbiz.de/10010790347