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This paper takes a fresh look at growth convergence in India, combining insights from macroeconomics and urban … paper finds absolute convergence in living standards across districts and places below the district level, with locations in … the gray area between rural and urban growing fastest. In assessing conditional convergence, it finds that geography is a …
Persistent link: https://www.econbiz.de/10012907095
The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations …
Persistent link: https://www.econbiz.de/10012969887
rest of the world. Second, this convergence process will be accompanied by a widening of income distribution in two … the projected convergence in average incomes across countries, with poor and populous countries growing faster than the …
Persistent link: https://www.econbiz.de/10012746757
This paper focuses on the institutional arrangements needed for facilitating regional electricity cooperation. The paper begins by discussing the theory of international trade cooperation in electricity, with a view to discussing what preconditions might be important in facilitating wide area...
Persistent link: https://www.econbiz.de/10012973054
World trade is increasingly ruled by preferential trade agreements (PTAs), but their precise nature remains relatively … Trade Center and the World Bank. The data set covers 5,203 products, 199 reporters, and 239 partners, representing … approximately 97 percent of world imports in 2016. There are three main findings. First, PTAs have significantly widened the scope …
Persistent link: https://www.econbiz.de/10012919077
countries but not necessarily with the rest of the world. Adopting a common standard in a region-that is, harmonization …
Persistent link: https://www.econbiz.de/10012749014
Do regional trade agreements negatively impact non-members? This paper revisits this long-standing trade policy question using firm-level data and detailed information on the content of trade agreements. Differently from the conventional view on trade diversion, the analysis identifies a...
Persistent link: https://www.econbiz.de/10012858954
successful among them, with an estimated positive impact on its members' imports from the rest of the world (hence no trade … diversion), but its impact on their exports to the rest of the world is rather limited. During its first 10 years of existence …, ECOWAS appears to have had a positive impact on its members' imports from the rest of the world (hence no trade diversion …
Persistent link: https://www.econbiz.de/10012747754
Recent years have seen a surge in economic integration agreements (EIAs) and the development of non-tariff measures (NTMs). As a consequence, a growing number of EIAs include provisions on NTMs. However, little attention has been given in the literature to the effects of NTM liberalization in...
Persistent link: https://www.econbiz.de/10012973743
This paper reviews the theoretical and empirical literature on regionalism. The formation of regional trade agreements has been, by far, the most popular form of reciprocal trade liberalization in the past 15 years. The discriminatory character of these agreements has raised three main concerns:...
Persistent link: https://www.econbiz.de/10012976529