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The Location of Domestic and Foreign Production Affiliates by French Multinational Firms
Méjean, Isabelle - 2010
Economists interested in location choices usually focus their attention on investments abroad. This neglects the fact that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares investments at home and abroad. Our firm-level dataset...
Persistent link: https://www.econbiz.de/10012677519
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Trade Effects of Currency Unions : Do Economic Dissimilarities Matter?
Albertin, Giorgia - 2008
This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the...
Persistent link: https://www.econbiz.de/10014409072
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Trade Effects of Currency Unions
Albertin, Giorgia - 2008
This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the...
Persistent link: https://www.econbiz.de/10012677679
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In Search of WTO Trade Effects
Eicher, Theo S. - 2009
The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose's (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not...
Persistent link: https://www.econbiz.de/10012677726
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Regional Trade Arrangements in Africa; Past Performance and the Way Forward
Yang, Yongzheng; Gupta, Sanjeev - International Monetary Fund (IMF) - 2005
Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport...
Persistent link: https://www.econbiz.de/10005768946
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Russia and the WTO; The "Gravity" of Outsider Status
Lissovolik, Yaroslav; Lissovolik, Bogdan - International Monetary Fund (IMF) - 2004
With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's export structure. On the basis of cross-section and panel regressions for 1995-2002,...
Persistent link: https://www.econbiz.de/10005599345
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Crouching Tiger, Hidden Dragon; What Are the Consequences of China's WTO Entry for India'S Trade
International Monetary Fund (IMF); International … - 2005
One of the most significant recent developments in world trade has been the entry of China into the World Trade Organization (WTO). This paper examines the implications of China's WTO accession for India's trade, using both econometrics and computable general equilibrium (CGE) models. The paper...
Persistent link: https://www.econbiz.de/10005599289
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The New Partnership for Africa's Development (NEPAD) Opportunities and Challenges
Nsouli, Saleh M.; Funke, Norbert - International Monetary Fund (IMF) - 2003
This paper reviews major issues involved in achieving the objectives of the New Partnership for Africa's Development (NEPAD). Using a simple framework for evaluation, the analysis highlights considerations relevant to policymakers in the areas of poverty reduction, macroeconomic policies, trade...
Persistent link: https://www.econbiz.de/10005768860
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Yen Bloc or Yuan Bloc; An Analysis of Currency Arrangements in East Asia
Shirono, Kazuko - International Monetary Fund (IMF) - 2009
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … generate higher average welfare gains for East Asian countries than currency unions with Japan or the United States. Overall …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …
Persistent link: https://www.econbiz.de/10005826046
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Social spending in Korea : can it foster sustainable and inclusive growth?
Elekdaǧ, Selim Ali - 2012
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10009659803