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This paper discusses fiscal surveillance criteria for the countries of the Central African Monetary and Economic Union (CEMAC), most of which depend heavily on oil exports. At present, the CEMAC''s macroeconomic surveillance exercise sets as fiscal target a floor on the basic budgetary balance....
Persistent link: https://www.econbiz.de/10014404131
applies the gravity model to gauge whether this ""outsider"" status has been affecting Russia''s export structure. On the … various WTO procedures, although own-export restrictions could have a similar effect. The model points to Russia''s further …
Persistent link: https://www.econbiz.de/10014404162
The paper aims at characterizing the main determinants of the medium-term current account balance for oil-exporting countries using dynamic panel estimation techniques. Previous studies included a very limited number of oil-exporting countries in their samples, raising concerns about the...
Persistent link: https://www.econbiz.de/10014404294
We exploit gaps between observed and recently forecasted GDP growth in export destinations to estimate the effects of … unexpected export shocks on worker compensation. Using employer-employee panel data, we find that these export shocks are partly … export revenues is also mainly driven by wage effects in the same subset of firms. This suggests that the way in which …
Persistent link: https://www.econbiz.de/10014348132
depth of trade agreements matters for the export performance of firms. Moving from shallow to deep trade agreements boosts …
Persistent link: https://www.econbiz.de/10014348535
During crises, governments resort to extraordinary fiscal and financial measures to mitigate the recessionary impacts of crises. These macroeconomic intervention measures along with aggregate demand and supply shocks and policy choices would affect the exporting environment of a country through...
Persistent link: https://www.econbiz.de/10014352025
This paper examines the effect of firm-level investment in capital on export entry and productivity growth among … capital reduces the burden of sunk costs of export market entry, thereby inducing small firms to enter export markets with … ease and increase their productivity as a result of export market participation. New entrants who survive their first year …
Persistent link: https://www.econbiz.de/10014352090
show that firms with higher processing trade share have better export performance than those with lower processing trade …
Persistent link: https://www.econbiz.de/10014352113
Persistent link: https://www.econbiz.de/10014449761
Persistent link: https://www.econbiz.de/10014449956