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As a result of the global economic crisis and the situation in the EU, as well as that of the Russian-Ukraine conflict, the Baltic exports have decreased toward these countries, while there is a slight increase in exports to other regions, mainly to Asia, meaning that Asian developing countries...
Persistent link: https://www.econbiz.de/10012941325
The present analysis assessed the effect of Aid-for-Trade (AfT) flows on the shadow economy using an unbalanced panel dataset of 106 countries over the period of 2002 to 2015. The empirical results obtained by means of the two-step system generalized method of moments showed that higher AfT...
Persistent link: https://www.econbiz.de/10013499828
Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into economic growth. The Aid for Trade Initiative – launched...
Persistent link: https://www.econbiz.de/10013113225
Existing research generally finds weak positive effects of aid for trade (AfT) on aggregate merchandise trade of recipients once endogeneity in the AfT-trade relationship is accounted for. In this paper, we confirm weak findings for both aggregate merchandise and services trade of recipients,...
Persistent link: https://www.econbiz.de/10012827750
The empirical literature on aid for trade (AfT) mainly considers its effects on merchandise trade and investment. In this paper we examine the relationship between AfT and trade in services as well as trade in goods over 2002-2015 in both aggregate and bilateral analysis. We observe...
Persistent link: https://www.econbiz.de/10012948363
This paper presents a review of the Aid for Trade program introduced by the World Trade Organization in 2005. Although the volume of international trade has been growing, it is mainly due to the developed countries and some Asian emerging countries. In spite of the favourable market access...
Persistent link: https://www.econbiz.de/10014202737
This paper investigates whether Aid for Trade (AfT) leads to greater exports in recipient countries. Using panel data and panel quantile regression techniques, our results suggest that total AfT disbursements promote the export of goods and services, but is limited primarily to exporters above...
Persistent link: https://www.econbiz.de/10013006257
The COVID-19 pandemic, as with previous major crises, such as the 2008 financial crisis, has had a severe negative impact on international trade flows. The present paper aims to contribute to the debate concerning how to foster resilience against future crises, in terms of countries' aggregate...
Persistent link: https://www.econbiz.de/10013337473
This paper uses an augmented gravity model of trade to investigate the link between German development aid and sectoral exports from Germany to the aid recipient countries. The findings indicate that in the long run each dollar of German aid is associated with an average increase of 0.83 US...
Persistent link: https://www.econbiz.de/10010126291
This paper investigates whether Aid for Trade (AfT) improves export performance, i.e. does AfT lead to greater exports? Using panel data and panel quantile regression, our results suggest that overall AfT disbursements promote the export of goods and services mainly for the .50 and .75...
Persistent link: https://www.econbiz.de/10010366941