Showing 1 - 10 of 45,650
Anderson and vanWincoop (2003) developed what has become the standard framework for framing and interpreting empirical work using the gravity model. Its main advantage is that it recognizes and tackles the issue of endogeneity of prices. Hoverer, two shortcomings of their framework are that 1)...
Persistent link: https://www.econbiz.de/10014216492
Persistent link: https://www.econbiz.de/10009787534
This paper presents a review of the Aid for Trade program introduced by the World Trade Organization in 2005. Although the volume of international trade has been growing, it is mainly due to the developed countries and some Asian emerging countries. In spite of the favourable market access...
Persistent link: https://www.econbiz.de/10014202737
Persistent link: https://www.econbiz.de/10011761410
quality and economic freedom matters in aid–growth relationship. To this base, a panel data covering the period 2002-2019 was … relationship between foreign aid and economic growth, and dynamic panel threshold regression is utilized to uncover the mediating … result from dynamic panel threshold regression shows that the effect of aid on economic growth is negative when arithmetic …
Persistent link: https://www.econbiz.de/10013460262
Persistent link: https://www.econbiz.de/10011494148
relied on a panel dataset of 136 countries over the period from 2002 to 2019, and the two-step generalized method of moments …
Persistent link: https://www.econbiz.de/10014321105
Although economists have long been aware of Jensen's inequality, many econometric applications have neglected an important implication of it: estimating economic relationships in logarithms can lead to significant biases in the presence of heteroskedasticity. This paper explains why this problem...
Persistent link: https://www.econbiz.de/10014067562
Does European Union (EU) foreign economic policy contribute to global justice or does it further neo-colonial structures of economic dependence? To assess this question, we evaluate if and how the EU's ‘Aid for Trade' (AfT) efforts have impacted the political, institutional and economic...
Persistent link: https://www.econbiz.de/10012861632