Showing 21 - 30 of 93,788
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components - real wages, capital intensity, and technology - are uncovered through decomposition and cluster analyses. In the...
Persistent link: https://www.econbiz.de/10010369774
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10013051805
This article analyzes the relationship between GDP growth in seven major Latin American countries and China's demand for their exports. GLS panel estimation using annual data for the period 1994-2013 shows that the relationship was both statistically and economically significant. Control...
Persistent link: https://www.econbiz.de/10012964037
This paper focuses on the casual relationship between export, import and Gross Domestic Product (GDP) for Bhutan using … unidirectional from export to import and GDP, and GDP to import only. Here export led growth is empirically proven in Bhutan …
Persistent link: https://www.econbiz.de/10012960143
empirically examines the export-led growth paradigm for Zimbabwe using historical data from 1975 to 2013. The study uses unit root … strong evidence for short-run causality running from export growth to economic growth. However, the use of VEC model and IRFs … reveals that a long-run relationship exists between exports and non-export GDP, thereby supporting an export-led growth …
Persistent link: https://www.econbiz.de/10013012444
The present paper investigates the causal nexus between exports and economic growth for the sample of BRICS nations, namely, Brazil, Russia, India, China and South Africa, using Johansen co-integration and VECM Granger Causality test. The Co-integration test result confirms a significant...
Persistent link: https://www.econbiz.de/10012994803
confirms that using openness and imports indexes to proxy for trade yields more robust results compared to the use of export …
Persistent link: https://www.econbiz.de/10013184444
This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds …
Persistent link: https://www.econbiz.de/10011523113
After the global financial crisis, both export growth and economic growth have trended downward, while exports …’ contributions to percentage change in GDP fell off markedly after 2011. For this study, we adopted an export multiplier approach by … imports, can also be considered.The results of this study suggest that the importance of export-driven growth is declining …
Persistent link: https://www.econbiz.de/10014264384
Constant Market Share Analysis (CMSA) is a method which decomposes the variation of market shares of any trader country. The more recent version is proposed by Fagerberg and Sollie (1985) that avoids some limits deriving from previously specifications. After explicating how CMSA works, this note...
Persistent link: https://www.econbiz.de/10011784403