Logo

The World Economy

 http://onlinelibrary.wiley.com/

TRADE DIRECTION, MARKET ACCESS, AND REGIONAL WAGE INEQUALITY: AN EXPLANATION BASED ON ASYMMETRIC TRADE COSTS

Abstract We introduce the trade frictions between wealthy and impoverished regions into the New Economic Geography model. We argue...

IMPLICATIONS OF FOREIGN DIRECT INVESTMENT, CAPITAL FORMATION AND ITS STRUCTURE FOR GLOBAL VALUE CHAINS

Abstract In the age of globalization international trade and foreign direct investment have become integral elements of cross-country...

 
 
 

COVID‐19 AND TOURISM: WHAT CAN WE LEARN FROM THE PAST?

Abstract The impact of the COVID-19 crisis on tourism flows is without precedent in terms of speed and severity. In this paper, we...

CAN CENTRAL BANKS CIRCUMVENT THE IMPOSSIBLE TRINITY WITHIN THEIR OPERATIONAL FRAMEWORKS? THEORY AND EVIDENCE

Abstract Central Bank operational frameworks can be challenged during times of severe financial stress. Typical of such an instance...

 
 
 

DEVELOPMENT STRATEGIES FOR MIDDLE‐INCOME COUNTRIES IN A DIGITAL WORLD - INSIGHTS FROM MODERN TRADE ECONOMICS

Abstract The digitalization of economic activities, combined with a secular slowdown in the growth of global output and trade, reduces...

DO MIGRATION NETWORKS WORSEN TRADE DEFICIT? EVIDENCE FROM THE UNITED STATES AND GERMANY

Abstract This study investigates how cross-border movements of goods , people and capital interact comprehensively. While previous...

 
 
 

MEASURING FIFTY YEARS OF TRADE GLOBALISATION

Abstract Although trade globalisation is a multi-faceted phenomenon, researchers often capture its magnitude by trade volume alone....

TRADE LIBERALISATION AND CHINESE FIRM'S EXPORTS: SOURCING FROM INDONESIA

Abstract We investigate how trade liberalisation affects the performance of Chinese manufacturing firms via sourcing from the South....

 
 
 

EXCHANGE RATE VOLATILITY AND COMMODITY TRADE BETWEEN UNITED STATES AND AUSTRALIA: AN ASYMMETRIC ANALYSIS

Abstract Previous studies that assessed the impact of exchange rate volatility on Australian trade flows assumed that the effects are...

DOES AID FOR TRADE PROMOTE IMPORT DIVERSIFICATION?

Abstract Many studies have found that Aid for Trade is effective in promoting the exports and imports of recipient countries. Recently,...

 
 
 

INTERNATIONAL ACTIVITIES AND INNOVATION: EVIDENCE FROM ITALY WITH A SPECIAL REGRESSOR APPROACH

Abstract By using panel data on Italian manufacturing firms, this paper contributes to the literature on the nexus between firms' internationalization...

POLITICAL ECONOMY OF AID ALLOCATION: THE CASE OF ARAB DONORS

Abstract By exploiting a unique dataset on aid allocation by major Arab donors, this paper explores the relationship between aid allocation...

 
 
 

INTRA‐REGIONAL SPILLOVERS FROM NIGERIA AND SOUTH AFRICA TO THE REST OF AFRICA: NEW EVIDENCE FROM A FAVAR MODEL

Abstract The dominance of large resource-rich hegemonic economies, most notably Nigeria and South Africa, with extensive trade and...

GLOBAL SUPPLY CHAINS, TRADE AGREEMENTS AND RULES OF ORIGIN

Abstract Free Trade Agreements usually come with restrictions on the use of intermediate inputs in order for final goods to qualify...

 
 
 

THE HEDGE ASSET FOR BRICS STOCK MARKETS: BITCOIN, GOLD, OR VIX

Abstract We compare the weak/strong hedging abilities of three alternative assets, namely Bitcoin, gold, and US VIX futures, against...

CONVEX VACANCY CREATION COSTS AND ON‐THE‐JOB SEARCH IN A GLOBAL ECONOMY

Abstract Convex vacancy creation costs shape firms' responses to trade liberalization. They induce capacity constraints by increasing...

 
 
 

ISSUE INFORMATION

The World Economy, Volume 44, Issue 5, Page 1143-1143, May 2021.

ARE EXPORTERS MORE ENVIRONMENTALLY FRIENDLY? A RE‐APPRAISAL THAT USES CHINA'S MICRO‐DATA

Abstract Is a firm's ability to export an important determinant of environmental performance? To answer this question, we construct...

 
 
 

DEVELOPMENT AID AND INTERNATIONAL MIGRATION TO ITALY: DOES AID REDUCE IRREGULAR FLOWS?

Abstract In recent years, donors have claimed to tackle the root causes of migration from low‐income countries using aid. While others...

GLOBALISATION AND GOVERNMENT SPENDING: EVIDENCE FOR THE ‘HYPER‐GLOBALISATION' OF THE 1990S AND 2000S

Abstract In this paper, we provide an up‐to‐date empirical assessment of the relationship between economic globalisation and government...

 
 
 



Lordstown Motors slumps 15% on announcement of CEO and CFO resignation

Lordstown Motors slumps 15% on announcement of CEO and CFO resignation

Summary List Placement Lordstown Motors slumped 15% early Monday after two top executives announced their immediate resignation just days after the company said it may run out... Read more ...

LeVeon Bell angers Chiefs star Tyrann Mathieu with Andy Reid diss

LeVeon Bell angers Chiefs star Tyrann Mathieu with Andy Reid diss

Former Chiefs and Jets running back Le'Veon Bell raised some eyebrows over the weekend with his comments about Andy Reid - and his ex-teammate wasn't going to let it slide... Read more ...

Boston serial peeping Tom arrested outside Lovejoy Wharf condo

A serial peeping Tom was arrested outside Lovejoy Wharf in the city last night after police tracked him down via his court-ordered GPS ankle monitor. Decosta Turner, 31, was... Read more ...

Record heat this afternoon

Record heat this afternoon

Extreme heat, with isolated gusty storms possible in some areas Read more ...

Anti-vax groups rack up victories against Covid-19 push

Anti-vax groups rack up victories against Covid-19 push

The partisan divide over the country's pandemic response has reinvigorated the anti-vaccine movement nationwide, with mostly Republican lawmakers in nearly 40 states backing... Read more ...

Jane Levy on the Cancellation of Zoey's Extraordinary Playlist: “I Gave It...

The Emmy contender reflects on her show's cancellation, how it changed her, and how it might still come back. Read more ...

Fantasy Baseball Waiver Wire: Justin Upton, Max Stassi bringing the power...

Also, are Brendan Rodgers and Jake Fraley finally rounding into form? Read more ...

2021 NFL win totals, odds, predictions, best bets: Dialed-in expert picks...

SportsLine's No. 1 NFL expert, R.J. White, reveals his 2021 NFL win total picks Read more ...

Le'Veon Bell backlash: RB explains Andy Reid criticism but says he doesn't...

Bell liked many aspects of playing for the Chiefs, with the exception of playing for Reid Read more ...

How to Watch Rocket Launch From NASA's Wallops Virginia Flight Facility on...

The rocket will be carrying three national security payloads for the National Reconnaissance Office. Read more ...