Showing 1 - 10 of 168
In a complex global production landscape, the quest for measures of economic activity by multinational enterprises (MNEs) has become more pressing. Foreign Direct Investment (FDI) statistics, which capture financing aspects of MNEs, have often been used as a proxy for multinational production...
Persistent link: https://www.econbiz.de/10014347981
If sectoral trade flows obey structural gravity, countries' bilateral trade imbalances are the result of macro trade … imbalances, “triangular trade”, or pairwise asymmetric trade barriers. Using data for 40 major economies and the Rest of the … World, we show that large and pervasive asymmetries in trade barriers are required to account for most of the observed …
Persistent link: https://www.econbiz.de/10014082958
geography of farmland acquisitionsas a function of cross-country differences in technology, endowments, trade costs, and …
Persistent link: https://www.econbiz.de/10012913915
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both...
Persistent link: https://www.econbiz.de/10012892917
This paper presents estimates of the carbon emissions of FDI from capital formation funded by FDI and the production of foreign-controlled firms. The carbon intensity of capital formation financed by FDI has trended down, driven by reductions in the carbon intensity of electricity generation....
Persistent link: https://www.econbiz.de/10014083503
We present and discuss a set of indicators to help assess countries' trade policies. The indicators relate to three … policy areas - trade in goods, trade in services, and FDI. Given concerns about the direction of global trade policy, we also … propose a simple approach to present the multidimensional aspects of trade policy that, by shedding light on relative openness …
Persistent link: https://www.econbiz.de/10012925218
Over the last decade China’s investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China’s...
Persistent link: https://www.econbiz.de/10013305601
Uncertainty over economic policy plays a key role in economic outcomes. But evidence and quantification for emerging markets are elusive because of measurement and reverse causality issues. In this paper, we construct a news-based economic policy uncertainty (EPU) index for Turkey and assess how...
Persistent link: https://www.econbiz.de/10012895106
Uzbekistan has significantly improved its monetary policy framework during 2017-21. Nevertheless, the transition to … Bank of Uzbekistan (CBU) will have to monitor structural reforms and calibrate monetary policy accordingly. This paper …
Persistent link: https://www.econbiz.de/10014237874
This paper analyzes the monetary policy framework in Kazakhstan. The authorities have been successful in containing …
Persistent link: https://www.econbiz.de/10013050674