Driving North American Growth and Trade
... No doubt, omnipresent concerns about the already-hefty U.S. budget deficit ($653 billion in the past 12 months) will create hurdles aplenty—we, and many others, are highly skeptical that tax cuts can come close to “paying for themselves” through significantly higher GDP growth. And if the tax measur ...
... No doubt, omnipresent concerns about the already-hefty U.S. budget deficit ($653 billion in the past 12 months) will create hurdles aplenty—we, and many others, are highly skeptical that tax cuts can come close to “paying for themselves” through significantly higher GDP growth. And if the tax measur ...
research paper series Research Paper 2011/01
... interest on the impact of financial market integration on both emerging and developing economies. It has been argued that while there might be some short-run side effects, in the long-run financial integration by encouraging financial development can provide a boost to the economy. It is suggested t ...
... interest on the impact of financial market integration on both emerging and developing economies. It has been argued that while there might be some short-run side effects, in the long-run financial integration by encouraging financial development can provide a boost to the economy. It is suggested t ...
Eco 460: International Finance Administrivia Readings
... By how much should it engage in foreign exchange intervention? ...
... By how much should it engage in foreign exchange intervention? ...
NBER WORKING PAPER SERIES
... The main criteria seemingly used by the WEO to classify the world into advanced and emerging/developing economies are: (1) per capita income, (2) degree of export diversification--so oil exporters that have high per capita GDP do not make the advanced classification because around 70% of exports are ...
... The main criteria seemingly used by the WEO to classify the world into advanced and emerging/developing economies are: (1) per capita income, (2) degree of export diversification--so oil exporters that have high per capita GDP do not make the advanced classification because around 70% of exports are ...
Chained unit value indexes of Galicia, the Basque Country
... 1. Introduction Commercial foreign trade is an indicator of the increasingly greater openness of developed economies, as can be seen from the monthly information on Foreign Trade Statistics provided by the Spanish Tax Office. Between 2000 and 2008, Spain’s total imports grew by nearly 70% while expo ...
... 1. Introduction Commercial foreign trade is an indicator of the increasingly greater openness of developed economies, as can be seen from the monthly information on Foreign Trade Statistics provided by the Spanish Tax Office. Between 2000 and 2008, Spain’s total imports grew by nearly 70% while expo ...
Chapter 3
... labor to produce 1/aLW = 1/2 liter of wine. • If the domestic country does trade, it can use one hour of labor to produce 1/aLC = 1 kg of cheese, sell this amount to the foreign country at current prices to obtain 1 liter of wine. • If the foreign country does not trade, it can use one hour of labor ...
... labor to produce 1/aLW = 1/2 liter of wine. • If the domestic country does trade, it can use one hour of labor to produce 1/aLC = 1 kg of cheese, sell this amount to the foreign country at current prices to obtain 1 liter of wine. • If the foreign country does not trade, it can use one hour of labor ...
Regional Integration Options for Central America and the Caribbean
... as tariffs, quotas, and nontariff barriers, which are presented in Table 4. Mexico has an average tariff rate on U.S. imports more than three times higher (7.9%) than that of U.S. protection on imports from Mexico (2.6%). Both Mexico and the United States place high tariffs on certain agricultural p ...
... as tariffs, quotas, and nontariff barriers, which are presented in Table 4. Mexico has an average tariff rate on U.S. imports more than three times higher (7.9%) than that of U.S. protection on imports from Mexico (2.6%). Both Mexico and the United States place high tariffs on certain agricultural p ...
Can Foreign Direct Investments Influence Sri Lankan Economic
... The linkage between FDI and economic growth has been studied in past twenty years. Most of the studies focus on the impact of inward FDI on economic growth through either direct or indirect effect. Generally speaking, inward foreign direct investment (FDI) can lead to job creation, increasing of tax ...
... The linkage between FDI and economic growth has been studied in past twenty years. Most of the studies focus on the impact of inward FDI on economic growth through either direct or indirect effect. Generally speaking, inward foreign direct investment (FDI) can lead to job creation, increasing of tax ...
North-South Knowledge Spillovers and Growth
... Recent theories of growth have revived interest in the debate into the relationship between international trade and economic growth. In one strand of this literature, growth occurs through intentional investments in R&D (Research and Development) that produces new technology or knowledge. In this li ...
... Recent theories of growth have revived interest in the debate into the relationship between international trade and economic growth. In one strand of this literature, growth occurs through intentional investments in R&D (Research and Development) that produces new technology or knowledge. In this li ...
Accounting for Breakout in Britain: The Industrial Revolution through
... for this paper is the natural question these observations invite: why, when both the theory and casual observation suggest that technology is the principal cause of growth, did technology advance for so long without growth, and why do some countries today remain poor despite having access to technol ...
... for this paper is the natural question these observations invite: why, when both the theory and casual observation suggest that technology is the principal cause of growth, did technology advance for so long without growth, and why do some countries today remain poor despite having access to technol ...
Accounting for Breakout in Britain: The Industrial Revolution through
... for this paper is the natural question these observations invite: why, when both the theory and casual observation suggest that technology is the principal cause of growth, did technology advance for so long without growth, and why do some countries today remain poor despite having access to technol ...
... for this paper is the natural question these observations invite: why, when both the theory and casual observation suggest that technology is the principal cause of growth, did technology advance for so long without growth, and why do some countries today remain poor despite having access to technol ...
When Does Domestic Saving Matter for Economic
... currency country” in order to make it easier for foreigners to get their hands on that wealth should the poor countries expropriate the foreigners’ capital; this in turn should encourage foreign direct investment in poor countries, thereby fostering development. However, Dooley et al. do not explor ...
... currency country” in order to make it easier for foreigners to get their hands on that wealth should the poor countries expropriate the foreigners’ capital; this in turn should encourage foreign direct investment in poor countries, thereby fostering development. However, Dooley et al. do not explor ...
Missed Opportunity or Inevitable Failure? The Search for
... peak in the interwar period when for the first time in the Balkan countries full scale industrialization strategies were drafted; to be more precisely, strategies that anticipated central issues of the discipline of development economics emerging after 1945 (Ránki and Tomasze ...
... peak in the interwar period when for the first time in the Balkan countries full scale industrialization strategies were drafted; to be more precisely, strategies that anticipated central issues of the discipline of development economics emerging after 1945 (Ránki and Tomasze ...
Chapter 01 Globalization
... B. It has created new threats for businesses accustomed to dominating their domestic markets. C. It is transforming industries and is highly welcomed by those who believed their jobs were protected from foreign competition. D. According to most economists it is a very beneficial process where gains ...
... B. It has created new threats for businesses accustomed to dominating their domestic markets. C. It is transforming industries and is highly welcomed by those who believed their jobs were protected from foreign competition. D. According to most economists it is a very beneficial process where gains ...
PDF
... log-linearising the gravity equation, given the heteroscedasticity nature of trade data. To avoid the heteroscedasticity and other estimation issues including, zero values, endogeneity and measurement error TENREYRO (2007) proposes the use Psuedo-Maximum-Likelihood (PML) estimator. To deal with hete ...
... log-linearising the gravity equation, given the heteroscedasticity nature of trade data. To avoid the heteroscedasticity and other estimation issues including, zero values, endogeneity and measurement error TENREYRO (2007) proposes the use Psuedo-Maximum-Likelihood (PML) estimator. To deal with hete ...
Budget Balance and Trade Balance: Kin or Strangers A Case
... The issue of budget deficits of the Taiwanese government is currently attracting enormous public attention. The main reason is that the deficit follows a growing trend and there shows no sign to be reduced, or even just to be stabilized. In line with a slowdown in the economic growth and a high leve ...
... The issue of budget deficits of the Taiwanese government is currently attracting enormous public attention. The main reason is that the deficit follows a growing trend and there shows no sign to be reduced, or even just to be stabilized. In line with a slowdown in the economic growth and a high leve ...
The increasing importance of developing countries in the global
... many of its members joined the European Union. We have chosen to include the remaining transition economies in the “developing economies” group because we wish to classify the Russian Federation as a “G-20 developing economy” and because of its similarity in economic structure to other large, middle ...
... many of its members joined the European Union. We have chosen to include the remaining transition economies in the “developing economies” group because we wish to classify the Russian Federation as a “G-20 developing economy” and because of its similarity in economic structure to other large, middle ...
World Trade Report - 2014 - Yale Center for the Study of Globalization
... many of its members joined the European Union. We have chosen to include the remaining transition economies in the “developing economies” group because we wish to classify the Russian Federation as a “G-20 developing economy” and because of its similarity in economic structure to other large, middle ...
... many of its members joined the European Union. We have chosen to include the remaining transition economies in the “developing economies” group because we wish to classify the Russian Federation as a “G-20 developing economy” and because of its similarity in economic structure to other large, middle ...
Document
... the end of the year and continue to enjoy the 1.5% annual increase in income per person for year to come; • Choice 2: spend that year investing in things that increase productivity, such as clearing land, building factories, and improving machinery, so that income per person can rise to 2.5% per yea ...
... the end of the year and continue to enjoy the 1.5% annual increase in income per person for year to come; • Choice 2: spend that year investing in things that increase productivity, such as clearing land, building factories, and improving machinery, so that income per person can rise to 2.5% per yea ...
The Effects of Trade on Unemployment: Evidence from 20 OECD
... whether international trade has any direct e¤ect on aggregate unemployment. Second, I explore how the interaction between trade and labour market institutions may a¤ect the unemployment rate. The analysis is based on cross-country panel data for twenty OECD countries from the 1960s to the 2000s. In ...
... whether international trade has any direct e¤ect on aggregate unemployment. Second, I explore how the interaction between trade and labour market institutions may a¤ect the unemployment rate. The analysis is based on cross-country panel data for twenty OECD countries from the 1960s to the 2000s. In ...
research paper series Research Paper 2008/28
... A key advantage of the oligopoly framework is to allow for strategic interactions between firms and unions within an industry, and to investigate how these interactions are affected by lower trade barriers. An important shortcoming of that modelling approach, however, is that it abstracts from gene ...
... A key advantage of the oligopoly framework is to allow for strategic interactions between firms and unions within an industry, and to investigate how these interactions are affected by lower trade barriers. An important shortcoming of that modelling approach, however, is that it abstracts from gene ...
Attainment of Potential Growth Rates in Nigeria under Balance of
... boom. This enabled the economy (GDP) to grow in real terms at an average of 8.4 per cent between 1971 and 1975 (Table 18.1) All these suggest that financial resource was not a constraint to growth during this period. This was also evident by deficit-GDP ratio which was very low but positive in some ...
... boom. This enabled the economy (GDP) to grow in real terms at an average of 8.4 per cent between 1971 and 1975 (Table 18.1) All these suggest that financial resource was not a constraint to growth during this period. This was also evident by deficit-GDP ratio which was very low but positive in some ...
The National Impact of a West Coast Port Stoppage
... purchasers of capital equipment would see similar cost increases for imported goods. Ultimately, businesses, consumers and governments would experience a loss of buying power because of lower incomes and higher prices. This study quantifies the U.S. economic consequences of a closure of 30 West Coas ...
... purchasers of capital equipment would see similar cost increases for imported goods. Ultimately, businesses, consumers and governments would experience a loss of buying power because of lower incomes and higher prices. This study quantifies the U.S. economic consequences of a closure of 30 West Coas ...
Assessment of Trade in Services and Development Gains
... The following aspects of services in developing countries highlight the relevance of this type of required research. ...
... The following aspects of services in developing countries highlight the relevance of this type of required research. ...
A Reassessment of Industrialization in South America: Argentina
... The second view of the industrialization of Latin America can be characterized as the “endogenous industrialization view,” or industrialization as a product of export-led growth(Dean, 1969, Diaz-Alejandro, 1976). In this view, South America industrialized when commodity exports were thriving. In ou ...
... The second view of the industrialization of Latin America can be characterized as the “endogenous industrialization view,” or industrialization as a product of export-led growth(Dean, 1969, Diaz-Alejandro, 1976). In this view, South America industrialized when commodity exports were thriving. In ou ...