We propose a new Quantity Dual Approach (QDA) to estimate the contribution of nontraded goods to Real Exchange Rate (RER) fluctuations. This method is immune to the bias resulting from the non-inclusion of some goods in CPI calculations and can be applied even in a stringent data environment...

The translog cost function of the U.S. agricultural sector unveils dynamic relationships between foreign and domestic inputs. On average, capital and labour are weak substitutes, but they are strong substitutes to food and agricultural imports. Therefore, enhancing trade policies on food and...

We investigate the impact of financial access on production convergence in the US agricultural sector. Our results reveal a half-life of about three years in per capita agricultural production across the US states. We also find that financial access enhances the speed of convergence. Our results...

We estimate a gravity model for 205 international trading partners over the period 1954-2014, by allowing for multiple layers of heterogeneity. The first layer of heterogeneity arises from the interactions between the gravity variables, and the second one comes from country pairs that differ in...

This paper investigates the impact of import competition on the export performance of domestic manufacturing sectors. The theory-consistent general equilibrium estimates fail to provide a unanimous pattern of contemporaneous effects of imports on export performance. However, exporters within...

The study set out to investigate whether China’s rise complements or competes with Africa’s manufacturing sectors, using a system GMM estimator. The findings reveal that imports of intermediate manufactured goods from China boost manufacturing production in African economies but that total...