Showing 1 - 10 of 428
This is an empirical paper seeking to identify the mode of Turkey's integration into global markets in general, and pan-European markets in particular, as revealed in its trade performance. The analysis provides empirical support to the following observations. First, thanks to steady expansion...
Persistent link: https://www.econbiz.de/10012748137
In considering how the euro will affect Sub-Saharan Africa, the authors examine the transmission channels through which …-Saharan Africa mainly exports - an increase in activity in Europe is considered to have a marginal impact on Africa. Exchange rate … flows to Sub-Saharan Africa can be affected through portfolio shifts or through changes in foreign direct investment …
Persistent link: https://www.econbiz.de/10012971216
Using a novel dataset with transactions level exports data from four African countries (Malawi, Mali, Senegal and Tanzania), this paper uncovers evidence of a high degree of experimentation at the extensive margin associated with low survival rates, consistent with high and middle income country...
Persistent link: https://www.econbiz.de/10012976009
Not only do Africa's fragile states grow more slowly than non-fragile states, but they seem to be caught in a …
Persistent link: https://www.econbiz.de/10012975620
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012865507
The virus that triggered a localized shock in China is now delivering a significant global shock. This study simulates the potential impact of COVID-19 on gross domestic product and trade, using a standard global computable general equilibrium model. It models the shock as underutilization of...
Persistent link: https://www.econbiz.de/10012837348
The authors identifies a new set of stylized facts on the 2008-2009 trade collapse that they hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, they decompose the fall in international trade into product entry and...
Persistent link: https://www.econbiz.de/10012975852
This paper analyzes the impacts of selected trade facilitation measures on international trade flows. A gravity model is used to estimate four equations: a pooled cross-section model; a fixed-effects model; a random effects model; and a Poisson maximum likelihood estimator. The contribution of...
Persistent link: https://www.econbiz.de/10012971414
East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. A detailed analysis of the...
Persistent link: https://www.econbiz.de/10012912297
In this report the authors analyze the CMEA trading relationship using the standard concepts of 1) specialization in accord with comparative advantage, and 2) the incentives to resist trade liberalization because of rents accruing to industry specific factors of production (including job...
Persistent link: https://www.econbiz.de/10012746941