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We empirically analyse the impact of trade on income levels in the sub-Saharan Africa countries. The results indicate that the linkage between both variables is negative for these countries. This outcome may explain the negative sign of the Africa dummy in income (or growth) regressions.
Persistent link: https://www.econbiz.de/10005272774
Recent evidence on the respective contributions of institutions and trade to income levels across countries has demonstrated that - once endogeneity is considered - institutional quality clearly dominates the effect of trade. We argue that overall trade is not the most appropriate measure for...
Persistent link: https://www.econbiz.de/10005202549
Persistent link: https://www.econbiz.de/10005205970
Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the determinants of FDI differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo...
Persistent link: https://www.econbiz.de/10009653071
The article analyses the impact of fundamental labour rights on bilateral Foreign Direct Investment (FDI) flows to 82 developing countries. The results indicate that investments by multinationals are significantly higher in countries that adhere to labour rights, thereby refuting the hypothesis...
Persistent link: https://www.econbiz.de/10009195760
There have been ongoing discussions within the WTO Doha Round on Trade Facilitation and the wider Aid for Trade agenda to assist developing countries in reducing behind-the-border restrictions and to help them benefit from trade reform. Our paper contributes to this debate by analyzing the...
Persistent link: https://www.econbiz.de/10009226858
We show that the effectiveness of bilateral investment treaties in promoting FDI inflows remains elusive even when accounting for the strength of investor-state dispute settlement provisions contained in various, though far from all, BITs.
Persistent link: https://www.econbiz.de/10009249585
This article analyses the impact of trade in pollution-intensive industries on the stringency of environmental regulation. Using system Generalized Method of Moments (GMM) regressions for a panel of 92 countries and the period 1998 to 2007, we find that an increase in net exports of...
Persistent link: https://www.econbiz.de/10010624329
The paper addresses the linkage between certain aspects of the increasing economic integration of world markets and the level of child labour. We empirically examine, first, the often-cited conventional wisdom that multinational enterprises invest in countries where the extent of child labour is...
Persistent link: https://www.econbiz.de/10009364782
Currently, the European Union is negotiating an free trade agreement, called Economic Partnership Agreement (EPA), with Caribbean countries as part of the Cotonou Agreement between the European Union and African, Caribbean and Pacific countries. The paper empirically assesses the impact of the...
Persistent link: https://www.econbiz.de/10009393876