Narrow search
Showing 1 - 10 of 202
Cover Image
The Trade Effects of Anti-Dumping Duties: Firm-Level Evidence from China
Felbermayr, Gabriel; Sandkamp, Alexander-Nikolai - 2018
This paper uses Chinese customs data to investigate the trade effects of anti-dumping (AD) policies. Merging firm … larger ones, suggesting important within-industry reallocation effects. Moreover, we find evidence for trade deflection as AD …
Persistent link: https://www.econbiz.de/10011931958
Cover Image
Market size and TFP in new new trade theory
Felbermayr, Gabriel; Jung, Benjamin - 2015
Recent trade theory in the Krugman (1980) tradition predicts that countries with larger market size enjoy higher levels … spending on inputs is affected by trade costs. However, in cross-country data, there is no such positive correlation between … is implicitly assumed in the usual formulation of aggregate CES production functions. Whether trade liberalization …
Persistent link: https://www.econbiz.de/10011375682
Cover Image
The trade effects of anti-dumping duties : firm-level evidence from China
Felbermayr, Gabriel; Sandkamp, Alexander-Nikolai - 2018
This paper uses Chinese customs data to investigate the trade effects of anti-dumping (AD) policies. Merging firm … larger ones, suggesting important within-industry reallocation effects. Moreover, we find evidence for trade deflection as AD …
Persistent link: https://www.econbiz.de/10011897777
Cover Image
Cultural proximity and trade
Felbermayr, Gabriel (contributor); Toubal, Farid (contributor) - 2006
Cultural proximity increases bilateral trade flows through a trade-cost and a bilateral-affinity (preferences) channel …-invariant, in a gravity model of bilateral trade, the time dimension of the ESC data allows to identify the preferences effect. The … find robust evidence for a sizable preferences effect, the impact of cultural proximity on trade runs largely through the …
Persistent link: https://www.econbiz.de/10003636664
Cover Image
IMF Support and Inter-regime Exchange rate Volatility
Arnold, Ivo J.M.; MacDonald, Ronald; Vries, Casper G. de - Department of Economics, Adam Smith Business School - 2007
exchange rates. We re-examine the data and conclude that the disparity between the fundamentals and exchange rate volatility is … for the fundamental variables’ volatility under fixed exchange rates. We show that IMF credit support is a crucial …
Persistent link: https://www.econbiz.de/10005549042
Cover Image
Do Fundamentals Matter for the D-Mark/Euro-Dollar? A Regime Switching Approach
Frömmel, Michael; MacDonald, Ronald; Menkhoff, Lukas - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2003
In this paper we demonstrate that there is evidence of an unstable and nonlinear re-lationship between fundamentals and exchange rates. Modeling this time-varying nature of the importance of fundamentals in a Markov switching framework substan-tially improves the fit of the real interest rate...
Persistent link: https://www.econbiz.de/10005464665
Cover Image
A Method for Indicating Economic Transition with an Application to Albania
Hallwood, C. Paul; MacDonald, Ronald - In: Eastern Economic Journal 28 (2002) 4, pp. 465-480
We offer a method for assessing the progress of transition economies towards becoming market economies. A simple macroeconomic model is used which incorporates certain microeconomic features relevant to a transition economy that is introducing market-driven resource allocation. According to our...
Persistent link: https://www.econbiz.de/10005466734
Cover Image
The monetary approach to exchange rates in the CEECs
Crespo Cuaresma, Jesús; Fidrmuc, Jarko; MacDonald, Ronald - 2003
A panel data set for six Central and Eastern European countries (the Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia) is used to estimate the monetary exchange rate model with panel cointegration methods, including the Pooled Mean Group estimator, the Fully Modified Least Square...
Persistent link: https://www.econbiz.de/10012148459
Cover Image
PPP and the Balassa Samuelson effect : the role of the distribution sector
MacDonald, Ronald; Ricci, Luca Antonio - 2001
This paper investigates the impact of the distribution sector on the real exchange rate, controlling for the Balassa-Samuelson effect, as well as other macro variables. Long-run coefficients are estimated using a panel dynamic OLS estimator. The main result is that an increase in the...
Persistent link: https://www.econbiz.de/10011398102
Cover Image
PPP and the Balassa Samuelson Effect : The Role of the Distribution Sector
MacDonald, Ronald; Ricci, Luca A. - 2021
This paper investigates the impact of the distribution sector on the real exchange rate, controlling for the Balassa-Samuelson effect, as well as other macro variables. Long-run coefficients are estimated using a panel dynamic OLS estimator. The main result is that an increase in the...
Persistent link: https://www.econbiz.de/10013317922