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We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and …
Persistent link: https://www.econbiz.de/10012947623
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we … focus on the effects of Deep Trade Agreements (DTAs), and we rely on a structural framework that simultaneously enables us … effects on FDI; and (iii) obtain partial DTA effects on trade and quantify the impact of DTAs on FDI through trade. We obtain …
Persistent link: https://www.econbiz.de/10013384905
Persistent link: https://www.econbiz.de/10011738686
do not show any auto-correlation. The trade and foreign investment variables have a significant impact on the growth rate …The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita … of GDP per capita. Because FDI and trade are two important components of economic growth in Bangladesh, it is important …
Persistent link: https://www.econbiz.de/10011499650
The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …
Persistent link: https://www.econbiz.de/10012023952
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However …, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side … confirms that trade and investment liberalization are essential drivers of economic development. The economic growth and trade …
Persistent link: https://www.econbiz.de/10011773529
The paper empirically examines the differential effects of trade on economic growth and investment based on cross …-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the … literature. However, the empirical results based on different categories of countries show that whereas trade has positively …
Persistent link: https://www.econbiz.de/10011845329
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … to 9% of world’s welfare and to 11% of world’s trade, unevenly distributed among winners and losers. Net exports of FDI … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and …
Persistent link: https://www.econbiz.de/10011744931
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity...
Persistent link: https://www.econbiz.de/10012783113