Logo

The World Economy

 http://onlinelibrary.wiley.com/

MINIMIZING COVID‐19 TRANSMISSION CASES: DO POLICIES AND INSTITUTIONS MATTER?

Abstract This paper examines the effects of institutional factors and government policy responses on COVID-19 infection cases. It applies...

DO IMPORTS OF INTERMEDIATE INPUTS GENERATE HIGHER PRODUCTIVITY? EVIDENCE FROM ECUADORIAN MANUFACTURING FIRMS

Abstract This paper examines the causal effect of importing on firm productivity. We use an augmented Cobb-Douglas production function...

 
 
 

SPATIALLY UNEVEN PACE OF DEINDUSTRIALIZATION WITHIN A COUNTRY

Abstract The declining share of manufacturing value-added, often referred to as “deindustrialization,” is fast becoming a major concern...

THE ECONOMIC COSTS OF THE RUSSIA‐UKRAINE WAR

Abstract The unprovoked and brutal invasion of Ukraine by Russia on 24 February 2022 is imposing a terrible human cost. In this paper,...

 
 
 

SERVICE TRADE RESTRICTIVENESS AND FOREIGN DIRECT INVESTMENT ‐ EVIDENCE FROM GREENFIELD FDI IN BUSINESS SERVICES

Abstract We study the impact of service trade restrictions on bilateral greenfield FDI projects in four business services sectors within...

STATE AID IN GOVERNMENT PROCUREMENT

Abstract We build a government procurement model in the context of international trade to generate two kinds of equilibrium outcomes,...

 
 
 

EXPOSURE TO FDI AND ATTITUDES TOWARDS MULTINATIONAL ENTERPRISES: DO M&A MATTER?

Abstract This study aims to investigate the role of multinational enterprises' penetration at the occupation-country level to form...

THE CHALLENGING ESTIMATION OF TRADE ELASTICITIES: TACKLING THE INCONCLUSIVE EUROZONE EVIDENCE

Abstract This paper sheds light on serious methodological difficulties of employing the empiric export equation in order to derive...

 
 
 

THE EUROPEAN UNION'S WITHDRAWAL OF TRADE PREFERENCES FOR CAMBODIA

Abstract Following Cambodia's violation of human and labor rights, the European Union decided in February 2020 to withdraw trade preferences...

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...

 
 
 

INTERNET PENETRATION AND MULTI‐PRODUCT EXPORTERS: FIRM‐LEVEL EVIDENCE FROM CHINA

Abstract This study explores the impact of Internet penetration on the firm-product-level behavior of multi-product exporters. While...

TRADE AND URBANISATION

Abstract Insights from economics of geography suggest that greater urbanisation should lead to an increased level of trade. Larger...

 
 
 

ISSUE INFORMATION

The World Economy, Volume 45, Issue 8, Page 2337-2337, August 2022.

HOW CENTRAL ASIA TO ESCAPE FROM TRADE ISOLATION?: POLICY TARGETED SCENARIOS BY CGE MODELLING

Abstract It has been 30 years since Central Asian ‘-stan' countries, namely, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan,...

 
 
 

BILATERAL SERVICIFICATION IN GLOBAL VALUE CHAINS AND DEEP TRADE AGREEMENTS

Abstract International trade has been transformed by participation in global value chains , where services linkages play a critical...

REVISITING THE NEXUS BETWEEN GLOBALIZATION AND THE SHADOW ECONOMY: UNTYING THE INFLUENCES OF DE JURE VS. DE FACTO GLOBALIZATION

Abstract This paper examines the relationship between globalization and the size of the shadow economy, focusing on the differential...

 
 
 

DYNAMIC IMPACTS OF INTERMITTENT TRADE CONFLICTS

Abstract Abstract This paper examines how intermittent trade conflicts affect production, investment, and exports of an industry that...

EXPORTS AND IMPORTS IN TURKEY: A REGIME‐SWITCHING APPROACH

Abstract In this study, we apply Markov regime-switching models to various foreign trade variables with the aim of characterising the...

 
 
 

EXCHANGE RATE REGIMES AND CURRENT ACCOUNT PERSISTENCE

Abstract We empirically examine Friedman's hypothesis that floating exchange rates facilitate current account adjustments. The main...

EFFECTIVE GDP: A CROSS‐COUNTRY COMPARISON

Abstract A large literature has developed around alternatives to gross domestic product per capita for cross-country comparisons of...

 
 
 



Flagler sheriff: Video shows armed man using girlfriend's 1-year-old as...

Flagler sheriff: Video shows armed man using girlfriend's 1-year-old as human shield

Heartbreaking. The baby can be heard crying and shouting "da-da" as deputies tase the man. Read more ...

Trump files $475 million defamation lawsuit against CNN

Trump files $475 million defamation lawsuit against CNN

The lawsuit focuses primarily on the term “The Big Lie” about Trump's false claims of widespread fraud that he says cost him the 2020 presidential election to Joe Biden. Read more ...

Why We Should All Be Worried About ‘Chokepoint Capitalism'

Why We Should All Be Worried About ‘Chokepoint Capitalism'

Ten minutes into our Zoom call, Cory Doctorow's voice begins to stutter. His internet connection is giving out-first the audio goes, and then the video too. He fiddles with... Read more ...

NATO member's president suggests condition for Ukraine

NATO member's president suggests condition for Ukraine

Bulgaria's President Rumen Radev says Kiev's accession can only happen after Ukraine and Russia strike a peace deal NATO should not welcome Ukraine into its ranks until the... Read more ...

3 members of NW Indiana family killed in head-on crash

3 members of NW Indiana family killed in head-on crash

INDIANOLA, Ill. - Three members of a northwest Indiana family died in a fiery head-on collision in eastern Illinois, authorities said. Lee J. Hall, 52; Felisha J. Hall, 46; and... Read more ...

86 percent of CEOS expect recession in next 12 months: survey

86 percent of CEOS expect recession in next 12 months: survey

Eighty-six percent of global CEOs expect a recession to hit in the next year, although most believe it will be mild and short, according to a new KPMG survey . The poll found... Read more ...

Celebrate National Taco Day with these deals!

October 4 is National Taco Day, and some restaurants and stores are celebrating with tasty deals. Read more ...

Blue Island house fire leaves 2 seriously injured

Two people were seriously injured in a house fire in south suburban Blue Island Tuesday morning. Read more ...

Truck driver going wrong way slams head-on into SUV on Allen Parkway

Witnesses say the driver of the truck had no lights on and ran a red light before slamming into the SUV. Read more ...

Yankees vs. Rangers prediction, odds, line: 2022 MLB picks, Tuesday, Oct. 4...

Yankees vs. Rangers prediction, odds, line: 2022 MLB picks, Tuesday, Oct. 4 best bets from proven model

SportsLine's model simulated Texas Rangers vs. New York Yankees 10,000 times as Aaron Judge looks to break the team home run record held by Roger Maris Read more ...