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Effective trade costs and the current account : an empirical analysis

Boz, Emine; Li, Nan; Zhang, Hongrui - 2019

A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on current account balances: countries specializing in sectors that face relatively high trade costs, such as services, tend to run current account deficits, and similarly, countries...

Persistent link: https://www.econbiz.de/10012001519

Are bilateral trade balances irrelevant?

Eugster, Johannes L.; Jaumotte, Florence; MacDonald, Margaux - 2020

Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of unobservable bilateral trade costs. Second, the...

Persistent link: https://www.econbiz.de/10012391997

Tackling legal impediments to women's economic empowerment

Christopherson, Katharine; Yiadom, Audrey; Johnson, … - 2022

It is well established that a wide range of legal impediments in countries' domestic laws have prevented women from … reflect and perpetuate gender norms that limit women's economic participation, and removal of these impediments through legal … reform has been shown to be an effective method to catalyze greater participation of women in the economy-along with the …

Persistent link: https://www.econbiz.de/10013170246

Emigration and Brain Drain : Evidence From the Caribbean

Mishra, Prachi - 2006

force with more than 12 years of completed schooling-among the highest emigration rates in the world. The region is also the … world''s largest recipient of remittances as a percent of GDP. Remittances constituted about 13 percent of the region''s GDP …

Persistent link: https://www.econbiz.de/10014402983

Remittances in Russia and Caucasus and Central Asia : the gravity model

Poghosyan, Tigran - 2020

Remitances are an important source of external financing in low- and middle-income countries. This paper uses the gravity model to analyze remittance flows in Russia and Caucasus and Central Asia (CCA) countries. Standard gravity determinants, such as GDP in sending and recieiving countries,...

Persistent link: https://www.econbiz.de/10012299334

Barriers to trade in financial and insurance services : evidence from the United Kingdom

Podpiera, Jiří - 2021

Distance, as a proxy for trade barriers, is found in many studies to matter even for weightless cross-border financial investments and lending, possibly due to the presence of information asymmetries. Its importance is tested in this paper using exports of all five broad categories of the U.K.'s...

Persistent link: https://www.econbiz.de/10012796259

New insights into ECCU's tourism sector competitiveness

Ghazanchyan, Manuk; Zhao, Li; Brito, Steve; Parlak, Vivian - 2019

Tourism has become the main driver of economic growth and employment and the most important source of income in the ECCU. Preserving and, possibly, enhancing the competitiveness of the tourism product is key for these countries. Unfortunately, the evidence shows that tourism arrivals to the ECCU...

Persistent link: https://www.econbiz.de/10012102139

Going viral : a gravity model of infectious diseases and tourism flows

Cevik, Serhan - 2020

This paper develops a gravity model framework to estimate the impact of infectious diseases on bilateral tourism flows among 38,184 pairs of countries over the period 1995-2017. The results confirm that international tourism is adversely affected by disease risk, and the magnitude of this...

Persistent link: https://www.econbiz.de/10012252260

Measuring the Trade Effects of EMU

Faruqee, Hamid - 2004

This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro''s arrival on area-wide trade compared to bilateral trade flows between other industrial...

Persistent link: https://www.econbiz.de/10014404163

Closing gender gaps in India : does increasing womens' access to finance help?

Khera, Purva - 2018

adequate collateral limits women entrepreneurs' ability to access formal finance, leaving them to rely on informal sources … gender gaps in financial access. Results suggest that an increase in women entrepreneurs access to formal credit results in …

Persistent link: https://www.econbiz.de/10011932241