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The World Economy

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BE GOOD TO THY NEIGHBORS: A SPATIAL ANALYSIS OF FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN SUB‐SAHARAN AFRICA

Abstract This paper employs a spatial dependency framework to examine intermediary roles played by trade, institutional quality, and...

COMMITMENT BEHAVIOR IN THE WTO TRADE FACILITATION AGREEMENT

Abstract We use a new database of commitments made during the process of ratifying the Trade Facilitation Agreement to study variation...

 
 
 

NEW DRIVING FORCE FOR CHINA'S IMPORT GROWTH: ASSESSING THE ROLE OF CROSS‐BORDER E‐COMMERCE

Abstract This paper investigates the role of cross-border e-commerce on China's import growth, using the promulgation of cross-border...

GLOBAL MACROECONOMIC IMPACTS OF DEMOGRAPHIC CHANGE

Abstract The world has been experiencing dramatic demographic change since the 1950s, with almost all countries facing aging challenges...

 
 
 

THE IMPACT OF POLITICAL RELATIONS ON INTERNATIONAL TRADE: CHINA-PHILIPPINES ISLAND DISPUTE AS A QUASI‐NATURAL EXPERIMENT

Abstract In May 2012, with tensions over Huangyan Island taking an increasingly sour turn, China released a document to strengthen...

MANUFACTURING CAPITAL UTILISATION, FIRM DYNAMICS AND WAGE INEQUALITY

Abstract This paper examines the short- and long-run effects of manufacturing capital utilisation on income distribution and social...

 
 
 

ISSUE INFORMATION

The World Economy, Volume 44, Issue 7, Page 1913-1913, July 2021.

SPATIAL EQUILIBRIUM ANALYSIS OF CHINESE TARIFF ON WORLD COTTON MARKETS

Abstract We develop a theoretical and an empirical spatial equilibrium model to analyse the effects of the 25% Chinese cotton tariff...

 
 
 

PRODUCT‐LEVEL ESTIMATES OF EXCHANGE RATE PASS‐THROUGH: EVIDENCE FROM TURKEY*☆

Abstract We estimate the export and import pass-through rates using product-level data from Turkey. We find that the Turkish lira exchange...

FISCAL COMPETITION FOR FOREIGN DIRECT INVESTMENT WITH KNOWLEDGE SPILLOVERS AND TRADE COSTS

Abstract We develop a model of fiscal competition for foreign direct investment and show that the decision of multinational firms to...

 
 
 

SUCCESS IN COMPLETING CROSS‐BORDER ACQUISITIONS BY EMERGING MARKET FIRMS: WHAT MATTERS?

Abstract While cross-border acquisitions by emerging market firms have grown rapidly in recent years, many have failed to bring the...

THE IMPACT OF EXPORT VAT REBATES ON FIRM PRODUCTIVITY: EVIDENCE FROM CHINA

Abstract This paper studies the impact of export VAT rebates on firm productivity with Chinese firm-product-level data. We find that...

 
 
 

PREVALENCE OF SOES AND INTERGENERATIONAL INCOME PERSISTENCE: EVIDENCE FROM CHINA

Abstract This paper evaluates the impact of state-owned enterprises on intergenerational income persistence in China. Using population...

INFORMAL SECTOR AND MOBILE FINANCIAL SERVICES IN EMERGING AND DEVELOPING COUNTRIES: DOES FINANCIAL INNOVATION MATTER?

Abstract This paper investigates the impact of mobile financial services (mobile money, and mobile credit and savings) on the informal...

 
 
 

INFLATION TARGETING ADOPTION AND INSTITUTIONAL QUALITY: EVIDENCE FROM DEVELOPING COUNTRIES

Abstract Institutional quality is often emphasised as an engine of economic development in developing countries. However, most of the...

EXPORT QUALITY DYNAMICS: MULTIDIMENSIONAL EVIDENCE OF FINANCIAL DEVELOPMENT

Abstract This study examines the impact of financial development on export quality. Financial development is proxied by the overall...

 
 
 

FINANCIAL DEVELOPMENT AND NATURAL RESOURCES: THE DYNAMICS OF CHINA'S OUTWARD FDI

Abstract This paper studies the dynamics of China's outward FDI by examining the changing roles of host economy financial development...

THE EFFECTS OF DOMESTIC LABOUR MOBILITY ON TRADE AGREEMENTS: EMPIRICAL EVIDENCE

Abstract This paper examines the empirical relationship between trade agreements and domestic labour mobility. The domestic-commitment...

 
 
 

HOW IMPORTANT IS GVC PARTICIPATION TO EXPORT UPGRADING?*

Abstract Exporting higher quality and complex products is deemed pathway to economic growth and development. However, producing such...

RULES OF ORIGIN AND CONSUMER‐HURTING FREE TRADE AGREEMENTS*

Abstract This study examines how the rules of origin of a free trade agreement affect firms' pricing strategies. The value-added criterion...

 
 
 



FHP: 77-year-old bicyclist killed after being hit from behind by car in Oviedo

FHP: 77-year-old bicyclist killed after being hit from behind by car in Oviedo

A bicyclist is dead after being hit from behind by a car in Oviedo Saturday morning. Read more ...

Silver Alert declared for missing 82-year-old Indiana man

Silver Alert declared for missing 82-year-old Indiana man

The Huntingburg Police Department is investigating the disappearance of Raymond Underwood, an 82-year-old white male, 5 feet 11 inches tall, 185 pounds, gray hair with brown... Read more ...

DOC says Linn County inmate escaped work release

DOC says Linn County inmate escaped work release

Anyone with information about Leo Alan Ray's locations should call police. Read more ...

What's the difference between heat stroke and heat exhaustion?

What's the difference between heat stroke and heat exhaustion?

Stay hydrated and stay in cool areas. Read more ...

Catherine Oxenberg feared daughter had suicide pact with NXIVM sex cult

Catherine Oxenberg feared daughter had suicide pact with NXIVM sex cult

"Dynasty" actress Catherine Oxenberg reveals how she wrested her daughter India away from the clutches of Keith Raniere's sex slave group NXIVM. Read more ...

Biden spending over $2B to halt border wall construction amid migrant crisis

Biden spending over $2B to halt border wall construction amid migrant crisis

A GOP report issued found that at least 20 percent of the $10 billion received by the Pentagon for border wall construction has been spent on guarding construction sides and... Read more ...

Conservative talk show host Larry Elder leads in crowded California guv...

Conservative talk show host Larry Elder leads in crowded California guv recall race

Larry Elder polled at 16 percent while Caitlyn Jenner has 4 percent of backers. While Gov. Gavin Newsom still has 48 percent of support, 43 percent of people polled said they'd... Read more ...

At march for slain National Guard member, family cries out for justice

The family of slain 19-year-old Chrys Carvajal took to the streets Saturday, chanting and asking the community to come forward with tips on who fatally shot the National Guard... Read more ...

No bail for man accused of killing witness in a murder case

A West Humboldt Park man accused of killing a witness set to testify in a murder case was denied bail during a hearing broadcast on You Tube /on/ Saturday. Read more ...

Baltimore firefighter undergoes surgery after falling through floor, union says

The cause of the Penn North fire is under investigation, the fire department said. Read more ...