During the second half of the 1990s, the globalisation of the automotive industry has greatly accelerated. Asian economies are the latest production destinations as well as consumption centres. These countries are also major exporters of automobiles and auto components. Due to structural change...

On examine dans cette etude les differents types de deflateurs qui sont utilises pour comparer les estimations des volumes de revenue et de la production nationale de divers pays. On y met de l'avant la these selon laquelle ces deflateurs doivent etre adaptes au concept specifique de revenu a...

This paper examines the different types of deflators that are used to compare volume estimates of national income and production across countries. It argues that these deflators need to be tailored to the specific income concept used for study. If the potential to spend concept is employed, a...

This paper estimates a gravity model to address the issue of whether intra-Arab trade is too little. Although gravity models have been extensively used to measure bilateral trade among countries, they have—to the best of our knowledge—never been used to measure intra-Arab trade. Our results...

The relationship between international payments and the real exchange rate—the “transfer problem”—is a classic question in international economics. We use new data on countries’ net external positions together with real exchange rate data to shed light on this question. We present a...