IMF Staff Papers - Dezember 2001 - Dynamic Gains from Trade: Evidence from South Africa By Gunnar Jonsson and Arvind Subramanian -- December 11, 2001
نویسندگان
چکیده
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. Using data on actual trade protection across different manufacturing sectors, it is shown that trade liberalization had a positive impact on TFP growth during the 1990s. In addition, time-series evidence on macro data supports a positive long-run relationship between TFP and openness. [JEL F14, F43, O40]
منابع مشابه
Who Can Explain The Mauritian Miracle: Meade, Romer, Sachs, or Rodrik?
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper examines different explanations—initial conditions, openness to trade and FDI, and institutions—of the Mauritian growth experience...
متن کاملIMF Staff Papers - Dezember 2001 - Welfare Effects of Uzbekistan’s Foreign Exchange Regime By Christoph B. Rosenberg and Maarten de Zeeuw -- December 11, 2001
In addition to transferring about 16 percent of GDP from exporters to importers, Uzbekistan’s quasi-fiscal multiple exchange rate regime generates identifiable welfare losses of 2–8 percent of GDP on import markets and up to 15 percent on export markets. These excess burdens have increased substantially with the growing difference among exchange rates. The welfare analysis allows some conclusio...
متن کاملThe Gains of Economic Integration: Substantive Evidence for an Australia-Korea Free Trade Agreement
Abstract On 6 December 2006, Australia and Korea announced a joint study on a possible Australia-Korea free trade agreement (AKFTA) to promote trade and economic relations between the two countries. The paper provides empirical evidence on the possible gains and their transmission mechanism from this agreement. Significantly, it uses a new economic policy modelling approach, the endogenous grav...
متن کاملIMF Staff Papers - December 2001 - Military Spending, the Peace Dividend, and Fiscal Adjustment
ing from private investment, the economy-wide budget constraint is determined by the available resources in the economy:
متن کاملAddressing the Natural Resource Curse: An Illustration from Nigeria
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. Start typing the Abstract here. JEL Classification Numbers: JEL no. here
متن کامل