Export Led Growth In South East Asia
... increased to a great extent during this front on account of the heavy import requirements of the HCI industries (Cho and Kim, 1995). ...
... increased to a great extent during this front on account of the heavy import requirements of the HCI industries (Cho and Kim, 1995). ...
essays on international trade and multinational firms
... the opportunity to move production anywhere, they keep most of their production in the domestic country. In this paper, I develop a framework that is designed to answer several key questions. First, what are the costs associated with multinational production? How important are the fixed costs of est ...
... the opportunity to move production anywhere, they keep most of their production in the domestic country. In this paper, I develop a framework that is designed to answer several key questions. First, what are the costs associated with multinational production? How important are the fixed costs of est ...
The Penalties of Inefficient Infrastructure
... determinant of these net-of-tax marginal products. Raising q—increasing the effectiveness of public capital—has two effects. On the one hand, a higher q will tend to raise the marginal products fK and fN. On the other hand, this must be paid for by higher taxation (i.e., t increases) which tends to ...
... determinant of these net-of-tax marginal products. Raising q—increasing the effectiveness of public capital—has two effects. On the one hand, a higher q will tend to raise the marginal products fK and fN. On the other hand, this must be paid for by higher taxation (i.e., t increases) which tends to ...
Chapter 5
... question of “what an economy can produce?”). 3. A country’s PPF determines its relative supply function (X-axis: Relative Prices; Y-axis: Relative Quantity). 4. National relative supply functions (Home + Foreign) determine a world relative supply function. 5. World equilibrium is determined by the i ...
... question of “what an economy can produce?”). 3. A country’s PPF determines its relative supply function (X-axis: Relative Prices; Y-axis: Relative Quantity). 4. National relative supply functions (Home + Foreign) determine a world relative supply function. 5. World equilibrium is determined by the i ...
The role of inward FDI in host country : evidence from China
... The history of FDI in China can be roughly divided into three stages. The first stage is from 1979 to 1991, this period was the start for China to make use of FDI, in which items and amounts of money invested were less. FDI was relatively low and had little contribution to China’s export. Although ...
... The history of FDI in China can be roughly divided into three stages. The first stage is from 1979 to 1991, this period was the start for China to make use of FDI, in which items and amounts of money invested were less. FDI was relatively low and had little contribution to China’s export. Although ...
the changing interpretation of the flying geese model of economic
... cusing exclusively on one aspect, like the international one, which dominates today’s debate, can easily lead to neglecting the importance of the processes described by the other aspects of the flying geese approach. Presenting the intraindustry aspect of the flying geese model, Akamatsu states that ...
... cusing exclusively on one aspect, like the international one, which dominates today’s debate, can easily lead to neglecting the importance of the processes described by the other aspects of the flying geese approach. Presenting the intraindustry aspect of the flying geese model, Akamatsu states that ...
Are We Underestimating the Gains from Globalization for the United
... the two indexes fall short of being a true cost-of-living index—one that measures the cost of maintaining a certain level of welfare without restrictions on what is in the basket of goods and services examined.5 In this section, we report our efforts to recalculate the U.S. import price index for 19 ...
... the two indexes fall short of being a true cost-of-living index—one that measures the cost of maintaining a certain level of welfare without restrictions on what is in the basket of goods and services examined.5 In this section, we report our efforts to recalculate the U.S. import price index for 19 ...
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... TPP countries intend to create a high standard agreement that addresses new emerging trade issues and 21st-century challenges. It will feature a new cross-cutting issues which were not previously included in trade agreement; such as making the regulatory system of TPP countries more compatible, so U ...
... TPP countries intend to create a high standard agreement that addresses new emerging trade issues and 21st-century challenges. It will feature a new cross-cutting issues which were not previously included in trade agreement; such as making the regulatory system of TPP countries more compatible, so U ...
∗ July 9, 2009 The distance puzzle: disentangling the black boxes Iván Arribas
... to obtain consistent estimates lies on how to deal with the zero trade flows present in the data. While several authors have chosen to ignore the zero trade observations, this approach excludes a lot of information, suffers from potential selection bias, and makes the year-by-year results non-comparab ...
... to obtain consistent estimates lies on how to deal with the zero trade flows present in the data. While several authors have chosen to ignore the zero trade observations, this approach excludes a lot of information, suffers from potential selection bias, and makes the year-by-year results non-comparab ...
general agreement on - World Trade Organization
... 2 . If requested by another participating country, which feels that unrestricted imports of cotton textiles in any of the categories listed in the arrangement are disrupting its domestic market, the exporting country would agree to restrain its exports of any category causing this disruption to a le ...
... 2 . If requested by another participating country, which feels that unrestricted imports of cotton textiles in any of the categories listed in the arrangement are disrupting its domestic market, the exporting country would agree to restrain its exports of any category causing this disruption to a le ...
Policy Reforms Affecting Agricultural Incentives
... all farm inputs, call it NRAi. Where there are significant distortions to input costs, their ad valorem equivalent can be accounted for by summing each input’s NRA times its input –output coefficient to obtain the combined NRAi, and adding that to the farm industry’s nominal rate of direct assistanc ...
... all farm inputs, call it NRAi. Where there are significant distortions to input costs, their ad valorem equivalent can be accounted for by summing each input’s NRA times its input –output coefficient to obtain the combined NRAi, and adding that to the farm industry’s nominal rate of direct assistanc ...
LESSON - 27 FOREIGN EXCHANGE – 2 EXCHANGE CONTROL
... change while a flexible rate does is no evidence that the former means greater stability in any more fundamental sense. 2. The system of flexible exchange rates, with its associated uncertainties, makes it impossible for exporters and importers to be certain about the price they will have to pay or ...
... change while a flexible rate does is no evidence that the former means greater stability in any more fundamental sense. 2. The system of flexible exchange rates, with its associated uncertainties, makes it impossible for exporters and importers to be certain about the price they will have to pay or ...
Central and East European Countries After Entering the
... If the condition of a good shape of public finances and the financial system were not fulfilled, the risks of countries could change and consequently the domestic interest rate could rise. The curve of the expected returns on the assets denominated in Euros would shift to the right as well as the cu ...
... If the condition of a good shape of public finances and the financial system were not fulfilled, the risks of countries could change and consequently the domestic interest rate could rise. The curve of the expected returns on the assets denominated in Euros would shift to the right as well as the cu ...
Crisis spillover effects due to strong trade and financial linkages
... Most countries have available space for additional financial support of the real economy However, the deteriorated portfolio quality and the weak economy constrain a stronger credit growth Foreign liabilities in % of GDP, 12-month ...
... Most countries have available space for additional financial support of the real economy However, the deteriorated portfolio quality and the weak economy constrain a stronger credit growth Foreign liabilities in % of GDP, 12-month ...
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... further preferential agreements, for example the Agadir Agreement of 2004. Overall, trade flows amongst these countries are limited (Eurostat, 2009). Looking at manufactures, the EU does not impose tariffs on manufacturing products from NAF countries. NAF countries, however, implement tariffs on ma ...
... further preferential agreements, for example the Agadir Agreement of 2004. Overall, trade flows amongst these countries are limited (Eurostat, 2009). Looking at manufactures, the EU does not impose tariffs on manufacturing products from NAF countries. NAF countries, however, implement tariffs on ma ...
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... used in areas unrelated to defense procurements. From the contractors’ perspective, technology transfers are often a relatively inexpensive way to earn offset credit because, in some cases, the contractors already possess the technology the foreign government desires. In most cases, the value of the ...
... used in areas unrelated to defense procurements. From the contractors’ perspective, technology transfers are often a relatively inexpensive way to earn offset credit because, in some cases, the contractors already possess the technology the foreign government desires. In most cases, the value of the ...
The Expected Future Exchange Rate
... Purchasing Power Parity and Baseball Bats First suppose that one U.S. Dollar (USD) is currently selling for ten Mexican Pesos (MXN) on the exchange rate market. In the United States wooden baseball bats sell for $40 while in Mexico they sell for 150 pesos. Since 1 USD = 10 MXN, then the bat costs $ ...
... Purchasing Power Parity and Baseball Bats First suppose that one U.S. Dollar (USD) is currently selling for ten Mexican Pesos (MXN) on the exchange rate market. In the United States wooden baseball bats sell for $40 while in Mexico they sell for 150 pesos. Since 1 USD = 10 MXN, then the bat costs $ ...
540_PragueEcPapers
... If the condition of a good shape of public finances and the financial system were not fulfilled, the risks of countries could change and consequently the domestic interest rate could rise. The curve of the expected returns on the assets denominated in Euros would shift to the right as well as the cu ...
... If the condition of a good shape of public finances and the financial system were not fulfilled, the risks of countries could change and consequently the domestic interest rate could rise. The curve of the expected returns on the assets denominated in Euros would shift to the right as well as the cu ...
Dispelling Some Misconceptions about Agricultural Trade
... production are actually more important. An opening discussion of the mechanics of agricultural support will set the stage for the next part of the paper, which discusses the economic effects of agricultural trade liberalization, defined to be the removal of all forms of agricultural support. The imp ...
... production are actually more important. An opening discussion of the mechanics of agricultural support will set the stage for the next part of the paper, which discusses the economic effects of agricultural trade liberalization, defined to be the removal of all forms of agricultural support. The imp ...
Local, Regional or Global? Quantifying MNC
... to similarly defined GDP ratios, denoted hI, eI, and wI, where hI is the GDP of the home country as a share of global GDP, eI is the GDP share of rest of the home region and wI that of the rest of the world. If the firm had no nationality – and therefore encountered no liability of foreignness – it ...
... to similarly defined GDP ratios, denoted hI, eI, and wI, where hI is the GDP of the home country as a share of global GDP, eI is the GDP share of rest of the home region and wI that of the rest of the world. If the firm had no nationality – and therefore encountered no liability of foreignness – it ...
www - Arizona State University
... extracting the productivity of labor, in particular the surplus value of cheap labor, from women, children and people of color in the periphery, where most manufactures and material goods are presently produced, but also by controlling the net flows of capital from peripheral economies to central ec ...
... extracting the productivity of labor, in particular the surplus value of cheap labor, from women, children and people of color in the periphery, where most manufactures and material goods are presently produced, but also by controlling the net flows of capital from peripheral economies to central ec ...
Chapter 10 PowerPoint document
... Despite the fact that there is much capital mobility, and quite a lot of labour mobility, observation suggests that factor price equalisation does not hold. Unskilled workers in the developed world continue to earn far more than equivalent workers in Less Developed Countries. This could be attribute ...
... Despite the fact that there is much capital mobility, and quite a lot of labour mobility, observation suggests that factor price equalisation does not hold. Unskilled workers in the developed world continue to earn far more than equivalent workers in Less Developed Countries. This could be attribute ...
International factor movements
In international economics, international factor movements are movements of labor, capital, and other factors of production between countries. International factor movements occur in three ways: immigration/emigration, capital transfers through international borrowing and lending, and foreign direct investment. International factor movements also raise political and social issues not present in trade in goods and services. Nations frequently restrict immigration, capital flows, and foreign direct investment.