Narrow search
Showing 1 - 10 of 110,305
Cover Image
Export manufacture competitiveness and commodity dependence: An empirical analysis of the Dutch Disease on Argentina and Chile during the commodity price boom
Graña-Colella, Santiago; Silva Neira, Ignacio - 2024
Disease framework can provide a suitable explanation for this phenomenon in Argentina and Chile. Despite both countries … evidence to assert that Argentina suffered from the Dutch Disease, the evidence for Chile remains inconclusive. These divergent …, triggered a process of export primarization in Latin American countries. The paper aims to empirically assess whether the Dutch …
Persistent link: https://www.econbiz.de/10014538730
Cover Image
The output effects of commodity price volatility : evidence from exporting countries
Hachula, Michael; Hoffmann, Sebastian - 2015
Empirical evidence indicates that high oil price volatility has a dampening effect on output in countries that import commodities. Many countries, however, gain important revenues from commodity exports. This paper investigates the output effects of commodity price volatility in commodity...
Persistent link: https://www.econbiz.de/10011346638
Cover Image
Reconciling opposing views of the commodity boom
Makin, Anthony John - In: Economic analysis and policy : EAP ; journal of the … 44 (2014) 2, pp. 129-135
Persistent link: https://www.econbiz.de/10011481857
Cover Image
Can globalization stop the decline in commodities' terms of trade? : The Prebisch-Singer hypothesis revisited
Mollick, André Varella; Faria, João Ricardo; … - 2005
Several empirical studies report the existence of declining terms of trade between commodities and manufactures, supporting the Prebisch-Singer hypothesis. As globalization leads to greater integration of markets, we ask if in a fully integrated economy the terms of trade will display the same...
Persistent link: https://www.econbiz.de/10003277128
Cover Image
Assessing the Commodity Market Price and Terms of Trade Exposures of Macroeconomy in Emerging and Developing Countries
Boakye, Ernest Owusu; Heimonen, Kari; Junttila, Juha-Pekka - 2021
This paper provides novel evidence on commodity market exposure, i.e., the impacts of commodity price and terms of trade fluctuations on macro performance amongst 46 emerging and developing countries (EMDCs) in Africa, Asia and the Latin American and Caribbean (LAC) region. We estimate 10 the...
Persistent link: https://www.econbiz.de/10013247140
Cover Image
Adjustment patterns to commodity terms of trade shocks : the role of exchange rate and international reserves policies
Aizenman, Joshua; Edwards, Sebastian; Riera-Crichton, Daniel - 2011
We analyze the way in which Latin American countries have adjusted to commodity terms of trade (CTOT) shocks in the 1970-2007 period. Specifically, we investigate the degree to which the active management of international reserves and exchange rates impacted the transmission of international...
Persistent link: https://www.econbiz.de/10009388370
Cover Image
Boom or Gloom? Examining the Dutch Disease in Two-Speed Economies
Bjørnland, Hilde C. - 2015
Traditional studies of the Dutch disease do not account for productivity spillovers between the booming resource sector and other domestic sectors. We put forward a simple theory model that allows for such spillovers. We then identify and quantify these spillovers using a Bayesian Dynamic Factor...
Persistent link: https://www.econbiz.de/10013023308
Cover Image
Boom or Gloom? Examining the Dutch Disease in a Two-Speed Economy
Bjørnland, Hilde C. - 2014
Traditional studies of the Dutch disease do not typically account for productivity spillovers between the booming energy sector and non-oil sectors. This study identifies and quantifies these spillovers using a Bayesian Dynamic Factor Model (BDFM). The model allows for resource movements and...
Persistent link: https://www.econbiz.de/10013061854
Cover Image
The impact of real oil price on real effective exchange rate : the case of Azerbaijan
Hasanov, Fakhri - 2010
Using quarterly data from 2000-2007 and applying Error Correction Model and Johansen Co-integration Approaches I estimate the impact of real oil price on the real exchange rate of Azerbaijani manat. Estimation outputs derived from these approaches are very close to each other and indicate that...
Persistent link: https://www.econbiz.de/10009261325
Cover Image
Effects of higher commodity prices on exports of manufactures : the case of Brazil
Cunha, André Moreira; Lélis, Marcos Tadeu Caputi; … - In: CEPAL review 137 (2022), pp. 41-56
Persistent link: https://www.econbiz.de/10014287642