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The Dynamics of Trade Integration and Fragmentation in LAC

Machado Parente, Rafael - 2024

Trade barriers and poor infrastructure play an important role in limiting trade integration in Latin America and the Caribbean (LAC). Closing half of the infrastructure gap between LAC and advanced economies could lift exports by 30 percent. Reducing import tariffs could boost LAC's trade, but...

Persistent link: https://www.econbiz.de/10015328209

From Polluting to Green Jobs: A Seamless Transition in the U.S.?

Bergant, Katharina - 2022

that are either neutral or in carbon-emitting industries. Transitioning out of pollution-intensive jobs into green jobs may …. We find that the imposition of the Act caused workers to shift from pollution-intensive to greener industries, but …

Persistent link: https://www.econbiz.de/10015060295

Limiting Currency Volatility to Stimulate Goods Market Integration; A Price-Based Approach

Parsley, David C.; Wei, Shang-Jin - International Monetary Fund (IMF) - 2001

This paper studies the effect of instrumental and institutional stabilization of exchange rate volatility on the integration of goods markets. Rather than using data on volume of trade, this paper employs a 3-dimensional panel of prices of 95 very disaggregated goods (e.g., light bulbs) in 83...

Persistent link: https://www.econbiz.de/10005604996

China; International Trade and WTO Accession

Blancher, Nicolas R.; Rumbaugh, Thomas - International Monetary Fund (IMF) - 2004

China's increasing integration with the global economy has contributed to sustained growth in international trade. Its … China's imports from all regions-especially Asia, where China plays an increasingly central role in regional specialization …. Tariff reforms have been implemented in China since the 1980s; and, with its recent WTO accession, China has committed itself …

Persistent link: https://www.econbiz.de/10005605021

How Much Do Trading Partners Matter for Economic Growth?

Arora, Vivek B.; Vamvakidis, Athanasios - International Monetary Fund (IMF) - 2004

This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Panel estimation results based on four decades of data for over 100 countries show that trading partners' growth and relative income levels have a strong effect on...

Persistent link: https://www.econbiz.de/10005605092

Financial Globalization; A Reappraisal

Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - International Monetary Fund (IMF) - 2006

The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years, but along many disparate channels and with a variety of apparently conflicting results. For instance, there is still little robust evidence of the growth benefits of broad...

Persistent link: https://www.econbiz.de/10005263828

Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Some Implications for the Mekong-3 Countries

Tumbarello, Patrizia - International Monetary Fund (IMF) - 2007

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...

Persistent link: https://www.econbiz.de/10005263990

Measuring Carbon Emissions of Foreign Direct Investment in Host Economies

Borga, Maria - 2022

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/10015060453

Climate Policies as a Catalyst for Green FDI

Pienknagura, Samuel - 2024

This paper assesses the role of climate policies as a catalyst of low carbon technologies deployment through foreign direct investment (FDI). Leveraging detailed cross-border project-level information, it identifies "green" FDI and finds that a higher number of active climate policies is...

Persistent link: https://www.econbiz.de/10015058645

Spillovers from Russia to Neighboring Countries: Transmission Channels and Policy Options

Arzoumanian, Shant - 2023

This paper studies how output fluctuations in Russia are transmitted internationally. Using vector autoregression (VAR) and dynamic panel models, the paper finds that Russia's output fluctuations are an important driver of output fluctuations of countries in the region, especially for oil...

Persistent link: https://www.econbiz.de/10015059091