We propose a class of new robust Generalized Method of Moments (GMM) tests for endogenous structural breaks. The tests are based on supremum, average and exponential functionals derived from robust GMM estimators with bounded influence function. We study the theoretical local robustness properties of the new tests and show that they imply a uniformly bounded asymptotic sensitivity of size and p...

â â â  â â  abstract: â  china and asean have been maintaining a relationship both cooperative and competitive in the textile trade. due to its labor intensive feature and high dependence on foreign trade , the textile trade has received much attention after the 2008 financial crisis. the customs data (classified by the hs code) from year 2006-2009 is employed to research the impact of the cris...

in this paper, the behavior of saving and consumption has been considered in ramsey – cass- koopmans model’s framework. our purpose was investigation of dynamics of these variables and analysis of their response to other parameter and variable variations. so, we made lagrangian function subject to some restrictions and euler equations and other steady state path equations. and then, we have cal...

the main objective of this paper is to investigate the effects of monetary regime (countries with inflation targeting monetary policy versus countries with exchange rate anchor) on the extent of exchange rate pass-through over the period of 1999-2010. to achieve this objective, the econometric model has been estimated by dynamic panel data approach and arrelano- bond (ab) method. the empirical ...

this paper is analysing the role of economic reforms on the labour market in iranian industry in economic reform period (1990-2005), and in turn, it is comparing it with closed economic period (1979-1989). in order to do the above comparative analysis, the manufacturing industry has been categorized based on hecksher-ohlin and gause methodology. accordingly, we have some industrial groups, incl...

â â â  â â â â â  abstract: â  up to now, the impact of real exchange rate on the non-oil exports of iran has been mainly on focus. however, the more important aspect of the fluctuations in exchange rate is its degree of volatility which can have profound effect on the non-oil exports. hence, the main objective of this paper is to investigate the linkage between non-oil exports and the real exc...

Abstract. Since 2021, Russia has maintained a list of unfriendly countries. This and the import ban introduced in 2014 are some main economic sanctions uses to influence trading partners. paper attempts quantify effect putting partner on countries compared Russian ban. The study data trade flows between its partners from UN COMTRADE database for select agri-food products. Employing gravity fram...

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 opennes...

The main objective of this paper is to investigate the effects of monetary regime (countries with inflation targeting monetary policy versus countries with exchange rate anchor) on the extent of exchange rate pass-through over the period of 1999-2010. To achieve this objective, the econometric model has been estimated by Dynamic Panel Data approach and Arrelano- Bond (AB) method. The empirical ...

The paper focuses on regional trade agreements and economic co-operation and develops a new appropriate approach to study their impact on growth and trade. The approach is based on an endogenous trade-growth theory and novelly specified in an economic integration (expenditure) framework which is the conceptual foundation of regional trade agreements. Importantly, it also appropriately takes int...