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Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 36
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Book Description
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 36
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Book Description
Author: Riccardo Faini
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 31
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Book Description
Author: Seyed-Javad Pourmoghim
Publisher:
ISBN:
Category :
Languages : en
Pages : 200
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Book Description
Author: Ms.Carmen Reinhart
Publisher: International Monetary Fund
ISBN: 145192867X
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to a real devaluation and if trade flows respond to relative prices in a significant and predictable manner. However, a recent strand in the empirical trade literature has questioned the existence of a stable relationship between trade flows and its traditional determinants. This paper re-examines the relationship between relative prices and imports and exports in a sample of 12 developing countries.
Author: I. M. D. Little
Publisher: London ; New York : Published for the Development Centre of the Organization for Economic Co-operation and Development by Oxford U.P.
ISBN:
Category : Business & Economics
Languages : en
Pages : 546
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Book Description
Author: Mr.Abdelhak Senhadji
Publisher: International Monetary Fund
ISBN: 1451855346
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
This paper derives a structural import demand equation and estimates it for a large number of countries, using recent time series techniques that address the problem of nonstationarity. Because the statistical properties of the different estimators have been derived only asymptotically, econometric theory does not offer any guidance when it comes to comparing different estimators in small samples. Consequently, the paper derives the small-sample properties of both the ordinary-least-squares (OLS) and the fully-modified (FM) estimators using Monte Carlo methods. It is shown that FM dominates OLS for both the short- and long-run elasticities.
Author: B.S.M. Berendsen
Publisher: Springer Science & Business Media
ISBN: 1461340802
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
1.1. THE PURPOSE OF THE STUDY This study deals with regional co-operation among developing By regional co-operation is countries and its potential benefits. meant any form of concerted action by the countries of a region aimed at a fuller utilization of their growth potential. Such con certed action may consist of various kinds of economic policy measures regarding production, investment and foreign trade. In this sense, regional co-operation is to be regarded as a facet of the participating countries' overall development strategy. Unlike other studies in this field, dealing with integration among developing countries and focussing attention on the planning of such integra tion (see, e.g., Mennes 1972), the present study concentrates on the effect of integration and co-ordination policies on the structure of intra-and extra-regional trade. Very often large differences exist among developing countries with respect to various aspects of economic development, e.g., the structure of demand, the structure of capital formation and the growth rates of individual sectors. Such divergencies call for the utilization of a multi-country, multi-sector model that will enable a better co-ordination of production and investment policies. Atten tion should thereby be given to the pattern of intra-regional specialization that will result from such a co-ordinated policy.
Author: Jaleel Ahmad
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
Monograph on theoretical and practical aspects of import substitution policy in developing countries and least developed countries - examines import substitution as a source of industrial growth and as a feasible strategy for improving those countries' trade and balance of payments. Bibliography pp. 109 to 119, graphs and statistical tables.
Author: M. Shahe Emran
Publisher:
ISBN:
Category :
Languages : en
Pages : 30
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Book Description
Due to the unavailability of time series data on domestic market clearing price of imports, the estimation of notional price and income elasticities of aggregate import demand remains a daunting task for a large number of developing countries. This paper develops a structural econometric model of a two goods representative agent economy that incorporates a binding foreign exchange constraint at the administered prices of imports. A theoretically consistent parameterization of the virtual relative price of imports circumvents the data problem, and thus enables the estimation of income and price responses by cointegration approach. The price and income elasticity estimates for India and Sri Lanka, in contrast to the extant literature, have correct signs, high statistical significance, and plausible magnitudes.
Author: David Greenaway
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 298
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Book Description
Comprehensive coverage of trade policy theory for the developing world
