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Articles 1 - 12 of 12
Full-Text Articles in International Economics
Implications Of Export Competitiveness And Performance Of Textile And Clothing Sector Of Pakistan: Pre And Post Quota Analysis, Nawaz Ahmad
Nawaz Ahmad
Textile and Clothing sector of Pakistan has been facing different international trade reforms i.e. Multi-fiber Arrangements, Quota elimination and for some of the developing countries European union, introduced special trade arrangements like GSP plus to improve their balance of trade conditions. In the light of pre quota elimination and post quota elimination periods, this paper highlights trade performance of textile and clothing sector in depth. This study focused on finding the extent of revealed comparative advantage of textile and revealed comparative advantage of clothing sector on overall textile and clothing trade performance of Pakistan. For this purpose study applied Johansen …
Notes On The Policy Seminar On Inequality And Development, Held On The 26th Of September 2014 At The Ministry Of Foreign Affairs Of Finland, J. G. A. Saviranta
Notes On The Policy Seminar On Inequality And Development, Held On The 26th Of September 2014 At The Ministry Of Foreign Affairs Of Finland, J. G. A. Saviranta
Akseli Saviranta
The following document presents summarised key notes from the United Nations University – World Institute for Development Economics Research (UNU-WIDER) policy seminar titled “Inequality and Development – Trends and Policies”. This policy seminar represented a follow-up to a prior two-day conference organised earlier in the same month by the same institute, in which the author has participated as well.
Use Of Imported Inputs And The Cost Of Importing: Evidence Form Developing Countries, Mohammad Amin, Asif Islam
Use Of Imported Inputs And The Cost Of Importing: Evidence Form Developing Countries, Mohammad Amin, Asif Islam
Mohammad Amin
For a representative sample of manufacturing firms in 26 countries, the paper shows that changes in the cost of importing over time is significantly and negatively correlated with changes in the percentage of firm’s material inputs that are of foreign origin. Furthermore, we show that there may be a non-linear relationship between import costs and imports. These findings are important as recent studies point towards a significant positive effect of imported inputs on productivity and growth. We hope that the present paper inspires more work on the determinants of imported inputs usage especially in developing countries.
Gravity Of Arms, Florian Johannsen, Inmaculada Martinez-Zarzoso
Gravity Of Arms, Florian Johannsen, Inmaculada Martinez-Zarzoso
Inma Martinez-Zarzoso
The main aim of this paper is to investigate the political determinants of international arms transfers. We distinguish between the decision to export arms (extensive margin) and the value of the arms exported (intensive margin). A theoretically-justified gravity model of trade augmented with political factors is estimated using a two-stage panel data approach for 104 exporting countries over the period of 1950 to 2007. For main political factors, we consider the level of democracy as well as the political orientation of the ruling governments in both of the trading partners. Furthermore, we account for political differences between trading partners, the …
Curriculum Vitae, Ronald R. Kumar
Use Of Foreign Intermediate Inputs In Developing Countries: Determinants And Effects (Short Note), Mohammad Amin, Asif Islam, Po Yin Wong
Use Of Foreign Intermediate Inputs In Developing Countries: Determinants And Effects (Short Note), Mohammad Amin, Asif Islam, Po Yin Wong
Mohammad Amin
Theory suggests a number of channels through which use of foreign inputs could contribute to overall economic development and firm performance. However, empirical work on the use of foreign inputs, its determinants and effects is lacking. Using firm-level data from Enterprise Surveys on developing countries, this note highlights the extent to which firms rely on foreign inputs, how the reliance varies with country and firm characteristics and the impact of foreign inputs on firm productivity. Results show that the use of foreign inputs is common among private firms and especially so among the relatively large firms and firms in countries …
Evaluating Aid For Trade: A Survey Of Recent Studies, Olivier Cadot, Ana Fernandes, Julien Gourdon, Aaditya Mattoo, Jaime De Melo
Evaluating Aid For Trade: A Survey Of Recent Studies, Olivier Cadot, Ana Fernandes, Julien Gourdon, Aaditya Mattoo, Jaime De Melo
Julien Gourdon
No abstract provided.
The Gravity Of Experience, Pushan Dutt
The Gravity Of Experience, Pushan Dutt
Pushan Dutt
In this paper, we establish the importance of experience in international trade for reducing trade costs and facilitating bilateral trade. Within an augmented gravity framework, we find that an additional year of experience at the country-pair level reduces trade costs by 2.0% and increases bilateral exports by 8%. The effect of experience is stronger for country-pairs that are more distant, who do not share a common border, and who lack colonial and legal ties. Further, experience raises both the extensive and the intensive margins of trade. In a dynamic trade model with heterogeneous firms and where export-experience reduces trade costs, …
Should Smaller Countries Be More Protectionist? The Diversification Motive For Tariffs, James Gaisford, Olena Ivus
Should Smaller Countries Be More Protectionist? The Diversification Motive For Tariffs, James Gaisford, Olena Ivus
Olena Ivus
This paper examines the diversification motive for tariffs under trade-related uncertainty when there is incomplete international and domestic risk sharing. In the context of a two-country Ricardian continuum-of-sectors model with shocks to foreign technologies or preferences, tariffs allow a country to mitigate external risk by diversifying across sectors. Given sufficiently high risk and risk aversion, the optimality of tariffs depends primarily on a country's ability to diversify, rather than its market power, such that small countries gain most.
Implementing A Real Sdr Currency Board, Warren Coats
Implementing A Real Sdr Currency Board, Warren Coats
Warren Coats
The enormous utility of money is a function of how widely it can be used for pricing and paying for the things we buy and sell and how stable or at least predictable is its value over time. The United States dollar became and remains the world’s common currency for global trade because of the relative size of the American economy, the relative stability of the purchasing power of the dollar, and the extensive development and liquidity of dollar financial instruments. Its use is now well entrenched. As pointed out by Richard Cooper: “It would take both a major shock …
That Is The Story Of A Hurricane: Within Country Impacts Of Extreme Weather Events, Martino Pelli, Jeanne Tschopp
That Is The Story Of A Hurricane: Within Country Impacts Of Extreme Weather Events, Martino Pelli, Jeanne Tschopp
Martino Pelli
In this paper, we consider the within-country, across-product impacts of hurricanes on export growth. While hurricanes are thought to exert large costs in terms of development on countries who bare the brunt of such events, there is little consensus on the literature to back up these claims. We argue that one reason for this is that the existing literature fails to take into account the potential for hurricanes to have differential impacts across products (or industries). We show that one important source of heterogeneity is a country’s comparative advantage and demonstrate, using a triple-difference identification strategy, that product lines with …
Export, R&D And New Products. A Model And A Test On European Industries, Dario Guarascio, Mario Pianta, Francesco Bogliacino
Export, R&D And New Products. A Model And A Test On European Industries, Dario Guarascio, Mario Pianta, Francesco Bogliacino
Mario Pianta
In this article we extend the model developed by Bogliacino and Pianta (2013a, 2013b) on the link between R&D, innovation and economic performance, considering the impact of innovation of export success. We develop a simultaneous three equation model in order to investigate the existence of a ‘virtuous circle’ between industries’ R&D, share of product innovators and export market shares. We investigate empirically – at the industry level – three key relationships affecting the dynamics of innovation and export performance: first, the capacity of firms to translate their R&D efforts in new products; second, the role of innovation as a determinant …