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Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly …
Persistent link: https://www.econbiz.de/10011387739
impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or … multilateral trade policy commitments. They find that a DCFTA with the EU will likely result in substantial gains to Armenia, but … are: (i) trade facilitation and reduction in border costs; (ii) services liberalization; and (iii) standards harmonization …
Persistent link: https://www.econbiz.de/10010307626
We study the price adjustment practices and provide quantitative measurement of the managerial and customer costs of price adjustment using data from a large U.S. industrial manufacturer and its customers. We find that price adjustment costs are a much more complex construct than the existing...
Persistent link: https://www.econbiz.de/10012140625
exchange rate. In an annual panel covering the time from 1972 to 2000, 865 sectors, and bilateral trade flows between 24 OECD …
Persistent link: https://www.econbiz.de/10012435202
Actualmente casi todos los envíos internacionales necesitan emplear más de un tipo de transporte desde su punto de origen hasta su destino final. Cada uno de los tipos mundiales de transporte de carga y pasajeros ha desempeñado un papel esencial en la facilitación de la diversificación...
Persistent link: https://www.econbiz.de/10011859351
We examine the impact of transnational terrorism diffusion on security and international trade. To counter the … potentially diffuse. Since security measures raise trade costs, we argue that countries, close enough to those from where terror … originates, should experience negative spillovers on their trade. We find evidence for this hypothesis in our data. We show that …
Persistent link: https://www.econbiz.de/10011933208
This paper analyzes from a long-term perspective, if the performance of the Mexican peso exchange, presents a recurring asymmetric behavior against the US dollar, and if that behavior has an influence on the potential use of financial derivatives by non-financial firms Mexican selected in the...
Persistent link: https://www.econbiz.de/10011536981
intervention to stabilize the exchange rate. In this study, USD/IDR volatility is investigated using TGARCH approach. The result … reveals that, USD/IDR volatility in Indonesia is obviously persistent. This study also presents the outcomes of effectiveness …
Persistent link: https://www.econbiz.de/10011557587
This paper examines the determinants of the South African rand/US dollar (ZAR/USD) exchange rate based on demand and supply analysis. Applying the EGARCH method, the paper finds that the ZAR/USD exchange rate is positively associated with the South African government bond yield, US real GDP, the...
Persistent link: https://www.econbiz.de/10011559203
This study investigates the long run relationship between exchange rate andexternal reserves in Nigeria during 1990Q1 - 2012Q4. We confirm theexistence of threshold cointegration between the variables in Nigeria, asagainst linear cointegration. Consequently, a two-regime threshold vector error...
Persistent link: https://www.econbiz.de/10011482604