Showing 1 - 10 of 930
the limited data available, the recycling of these resources back to the world economy through the trade channel, via … higher imports, or the financial channel, via an increase in the net external asset position of these countries. Our results … show that around 50% of the windfall revenue has been used to increase imports, while the rest has been directed towards …
Persistent link: https://www.econbiz.de/10005836024
Oil price behavior has changed dramatically in the last twenty years. These changes can be explained rather simply in terms of the delayed responses of supply and demand to prices, and in terms of changes in the rate of discovery of reserves. This analysis can be used to forecast possible future...
Persistent link: https://www.econbiz.de/10005836067
the limited data available, the recycling of these resources back to the world economy through the trade channel, via … higher imports, or the financial channel, via an increase in the net external asset position of these countries. Our results … show that around 50% of the windfall revenue has been used to increase imports, while the rest has been directed towards …
Persistent link: https://www.econbiz.de/10005836447
Determinants of trade flows have always attracted researchers. In this paper, we model monthly trade flows in India …. We also assess the short-term dynamics of these trade flows through error correction models. Finally, we estimate vector … auto regression models to gauge the extent of contemporaneous interaction between trade flows and the explanatory variables …
Persistent link: https://www.econbiz.de/10009246892
World trade has grown rapidly. Several factors are highlighted by literature as a driving force behind the growth of … world trade. Reduction in barriers to trade is one of them. A comprehensive empirical investigation is carried to ascertain … the trade reducing and increasing effect of barriers to trade which are also known determinants of trade. The modified …
Persistent link: https://www.econbiz.de/10008685366
This paper examines the contemporary international trade and currency system to determine whether the system is … appropriate for the level of knowledge, development and maturity of countries today. International trade and currencies are a key … relationship between countries and their peoples. Therefore, understanding how the international trade and currency system works …
Persistent link: https://www.econbiz.de/10008727916
Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...
Persistent link: https://www.econbiz.de/10005836490
This paper assesses the welfare impact of trade and technology diffusion as well as the change in the cross …-country distribution of GDP due to removal of trade costs and diffusion barriers. The model extends the multi-country Ricardian trade model … distribution, the merchandise trade and technology diffusion shares of GDP, and real GDP per capita for a sample of 31 countries …
Persistent link: https://www.econbiz.de/10011110376
that, despite the dramatic improvement in information and communication technologies, international trade costs for …, our results suggest that the tariff equivalent of international trade costs is between 50% and 60% larger for services …
Persistent link: https://www.econbiz.de/10009647273
. Imports and exports flows are reported annually by 130 countries to United Nations in values and quantities. When both … rigorous trade database for the largest possible number of countries and years, with a special care in the treatment of unit …
Persistent link: https://www.econbiz.de/10009647322