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In this study, we evaluate whether survey-based indicators produce lower forecast errorsfor export growth than … expectations. However, largecountry differences in the forecast accuracy of survey-based indicators emerge. Thesedifferences are …. For hard indicators, we find only weak evidence for the export composition toexplain differences in forecast accuracy. …
Persistent link: https://www.econbiz.de/10010500378
the best-performing indicators beat a well-specified benchmark model in terms of forecast accuracy. It turns out that four …
Persistent link: https://www.econbiz.de/10012141047
The politics of modern world is changing every day and all developing countries look for new markets to survive in all situations. China, as the world's leading producer, also looks for multiple markets to decrease the chances of any major setback of economy in future. In these lines, China has...
Persistent link: https://www.econbiz.de/10013046637
In recent years, China has drawn a lot of attention, not only due to its rapid economic development and the WTO accession, but also due to its active attitude towards regional economic development. China, as the world's leading producer, also looks for multiple markets to decrease the chances of...
Persistent link: https://www.econbiz.de/10013031683
Economic integration and growth in trade within the Latin American region have created a need for new and major legal developments. In this context, the private sector has emerged as the driving force behind legal initiatives related to trade agreements such as the Andean Pact and MERCOSUR...
Persistent link: https://www.econbiz.de/10012753001
, panel estimates for a large number of OECD countries suggest that the high import-intensity of exports at the country … import-intensive expenditure category of investment also contributed to the remaining fall in global trade. At the same time …, the high and rising import-intensity of exports also reflects and captures the rapid growth in "vertical specialisation …
Persistent link: https://www.econbiz.de/10009354645
during 2009Q2-2010Q1. The paper finds that a structural imports function which captures the different and time-varying import … suggest that the high import-intensity of exports at the country-level can explain a significant proportion of the decline in … world imports during the crisis, while declines in the highly import-intensive expenditure category of investment also …
Persistent link: https://www.econbiz.de/10013315987
Delineating the implementation details of the 2003 Cartagena Biosafety Protocol for living modified organisms involves weighing risks, costs, benefits, and politics - a difficult balancing act. Intrinsic market and technical complexities in the global agricultural commodity system raise the...
Persistent link: https://www.econbiz.de/10014057041
Policymakers increasingly view China’s rapidly growing wealth as a threat. China currently ranks second, or perhaps even first, in the world in gross domestic product (although 78th in per capita GDP), and the fear is that China will acquire military prowess commensurate with its wealth and...
Persistent link: https://www.econbiz.de/10013226955
In this study, we evaluate whether survey-based indicators produce lower forecast errorsfor export growth than … expectations. However, largecountry differences in the forecast accuracy of survey-based indicators emerge. Thesedifferences are …. For hard indicators, we find only weak evidence for the export composition toexplain differences in forecast accuracy. …
Persistent link: https://www.econbiz.de/10011198482