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  • 1
    UID:
    almafu_9958246215002883
    Format: 1 online resource (62 pages)
    Series Statement: Policy research working papers.
    Content: The authors estimate the impact of aggregate indicators of "soft" and "hard" infrastructure on the export performance of developing countries. They build four new indicators for 101 countries over the period 2004-07. Estimates show that trade facilitation reforms do improve the export performance of developing countries. This is particularly true with investment in physical infrastructure and regulatory reform to improve the business environment. Moreover, the findings provide evidence that the marginal effect of infrastructure improvement on exports appears to be decreasing in per capita income. In contrast, the impact of information and communications technology on exports appears increasingly important for richer countries. Drawing on estimates, the authors compute illustrative exports growth for developing countries and ad-valorem equivalents of improving each indicator halfway to the level of the top performer in the region. As an example, improving the quality of physical infrastructure so that Egypt's indicator increases half-way to the level of Tunisia would increase exports by 10.8 percent. This is equivalent to a 7.4 percent cut in tariffs faced by Egyptian exporters across importing markets.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    UID:
    almafu_9958143914802883
    Format: 1 online resource (72 pages)
    Series Statement: Policy research working papers.
    Content: The Russian Federation's regions not only have highly uneven degrees of development, they also have very uneven degrees of foreign orientation. Regions with the highest foreign orientation-exports of goods per capita or inbound foreign direct investment per capita-almost across the board have the highest standard of living; and those with the lowest foreign orientation generally have the lowest. In this paper, the Russian federal regions are grouped into three categories-lagging, middle-range, and leading-according to real per capita gross regional product. Leading regions seem to be those specialized in mineral exports; lagging regions are not. In addition, the richest regions tend to have high per capita exports, high foreign direct investment, or both; middle-range regions with relatively higher incomes often have high per capita non-mineral exports. Russia's lagging regions have much more tenuous international engagements than the rest of Russia in exports and foreign direct investment. These findings suggest that foreign orientation is an important determinant of socioeconomic development and could be an important item on Russia's regional policy agenda. Such policies might have a variety of objectives: (1) earning income (export goods in which Russia has traditionally had a comparative advantage); (2) diversification and economic stability (minimize risk from drops in oil prices or crises in individual markets and add exports for which demand is likely to be steady over the medium term); (3) technological upgrading (move to more sophisticated goods with greater innovation content); and (4) regional development (promote the uplift of lagging regions). Each of these motives has a different profile of goods exported, regions, and most closely associated destination markets.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    UID:
    almafu_9958246410002883
    Format: 1 online resource (39 pages)
    Series Statement: Policy research working papers.
    Content: Least developed countries rely on preferential market access. Proof of sufficient transformation has to be provided to customs in importing countries by meeting Rules of Origin requirements to benefit from these preferences. These Rules of Origin have turned out to be complicated and burdensome for exporters in the least developed countries. Starting around 2001, under the United States Africa Growth Opportunity Act, 22 African countries exporting apparel to the United States can use fabric from any origin (single transformation) and still meet the criterion for preferential access (the so-called Special Rule), while the European Union continued to require yarn to be woven into fabric and then made into apparel in the same country (double transformation). This paper uses panel estimates over 1996-2004 to exploit this quasi-experimental change in the design of preferences. The paper estimates that this simplification contributed to an increase in export volume of about 168 percent for the top seven beneficiaries or approximately four times as much as the 44 percent growth effect from the initial preference access under the Africa Growth Opportunity Act without the single transformation. This change in design also mattered for diversity in apparel exports, as the number of export varieties grew more rapidly under the Africa Growth Opportunity Act special regime.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    UID:
    almafu_9958246470902883
    Format: 1 online resource (30 pages)
    Series Statement: Policy research working papers.
    Content: This paper evaluates the impact of foreign aid to five service sectors (transportation, information and communications technologies, energy, banking/financial services, and business services) on exports of downstream manufacturing sectors in developing countries. To address the reverse causality between aid and exports, the analysis relies on an original identification strategy that exploits (i) the variation of aid flows to service sectors, and (ii) the variation of service-intensities across industrial sectors and countries using input-output data. The authors find a positive effect of aid to services, in general, on downstream manufacturing exports of developing countries across regions and income-level groups.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    UID:
    almafu_9958072717702883
    Format: 1 online resource (31 pages)
    Series Statement: Policy research working papers.
    Content: With free trade areas (FTAs) under negotiation between Japan and the ASEAN Free Trade Area (AFTA) members and between the Republic of Korea and AFTA members, preferential market access will become more important in Asian regionalism. Protectionist pressures will likely increase through rules of origin, the natural outlet for these pressures. Based on the experience of the European Union and the United States with rules of origin, the authors argue that, should these FTAs follow in the footsteps of the EU and the U.S. and adopt similar rules of origin, trading partners in the region would incur unnecessary costs. Using EU trade under the Generalized System of Preferences with Africa, Caribbean, and Pacific partners, the authors estimate how the use of preferences would likely change if AFTA were to veer away from its current uniform rules of origin requiring a 40 percent local content rate. Depending on the sample used, a 10 percentage point reduction in the local value content requirement is estimated to increase the utilization rate of preferences by between 2.5 and 8.2 percentage points.
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 6
    UID:
    almafu_9958246447102883
    Format: 1 online resource (27 pages)
    Series Statement: Policy research working papers.
    Content: Using a new database on Chinese food standards, this paper estimates the impact of volunta-ry and mandatory standards on its agricultural and food exports. The dataset covers seven Chinese products from 1992 to 2008. The findings here indicate that standards have a positive effect on China's export performance. Standards signal to customers that products meet certain quality measures and promote information exchange. The benefits of increased ex-ports outweigh compliance costs. Our results also show that theses positive effects are larger when the standards are consistent with international norms.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
    UID:
    b3kat_BV040618621
    Format: 1 Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: With free trade areas (FTAs) under negotiation between Japan and the ASEAN Free Trade Area (AFTA) members and between the Republic of Korea and AFTA members, preferential market access will become more important in Asian regionalism. Protectionist pressures will likely increase through rules of origin, the natural outlet for these pressures. Based on the experience of the European Union and the United States with rules of origin, the authors argue that, should these FTAs follow in the footsteps of the EU and the U.S. and adopt similar rules of origin, trading partners in the region would incur unnecessary costs. Using EU trade under the Generalized System of Preferences with Africa, Caribbean, and Pacific partners, the authors estimate how the use of preferences would likely change if AFTA were to veer away from its current uniform rules of origin requiring a 40 percent local content rate. Depending on the sample used, a 10 percentage point reduction in the local value content requirement is estimated to increase the utilization rate of preferences by between 2.5 and 8.2 percentage points
    Note: Weitere Ausgabe: Cadot, Olivier : Rules of Origin For Preferential Trading Arrangements
    Additional Edition: Reproduktion von Cadot, Olivier Rules of Origin For Preferential Trading Arrangements 2006
    Language: English
    Author information: Portugal-Pérez, Alberto
    Author information: Cadot, Olivier
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  • 8
    UID:
    b3kat_BV049073902
    Format: 1 Online-Ressource
    Edition: Online-Ausg Also available in print
    Series Statement: Policy research working paper 4719
    Content: "This paper reviews data and research on trade costs for Sub-Saharan African countries. It focuses on: border-related costs, transport costs, costs related to behind-the border issues, and the costs of compliance with rules of origin specific to preferential trade agreements. Trade costs are, on average, higher for African countries than for other developing countries. Using gravity-model estimates, the authors compute ad-valorem equivalents of improvements in trade indicators for a sample of African countries. The evidence suggests that the gains for African exporters from improving the trade logistics half-way to the level in South Africa is more important than a substantive cut in tariff barriers. As an example, improving logistics in Ethiopia half-way to the level in South Africa would be roughly equivalent to a 7.5 percent cut in tariffs faced by Ethiopian exporters. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/18/2009
    Additional Edition: Portugal-Pérez, Alberto Trade costs in Africa
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 9
    UID:
    b3kat_BV048266436
    Format: 1 Online-Ressource (43 p)
    Content: Market integration is key to ensuring sufficient and stable food supplies. This paper assesses the impediments to market integration in Central and Eastern Africa for three food staples: maize, rice, and sorghum. The paper uses a large database on monthly consumer prices for 150 towns in 13 African countries and detailed data on the length and quality of roads linking the towns. The analysis finds a substantial effect of distance and share of paved road on the level of market integration, as measured by relative prices. Furthermore, the paper evaluates the additional domestic and cross-border impediments to market integration in the region and represents them on a regional map. The analysis finds heterogeneous levels of domestic market integration across countries and significant "border effects" for the majority of contiguous countries in the sample, which reveal that markets are more integrated within than between countries. Countries that are members of the same regional trade agreement have substantially "thinner" borders with other members. Finally, the analysis shows that countries with less integrated domestic markets and "thicker" borders with their neighbors also have a higher prevalence of food insufficiency. These findings support policy efforts in tackling domestic and border impediments to transactions such as reforming customs, simplifying nontariff measures, addressing corruption, improving the quality of roads, and deepening regional trade agreements
    Additional Edition: Brenton, Paul Food Prices, Road Infrastructure, and Market Integration in Central and Eastern Africa
    Language: English
    URL: Volltext  (kostenfrei)
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  • 10
    UID:
    almafu_9959128133402883
    Format: 1 online resource (42 pages)
    Series Statement: Policy research working papers.
    Content: Turkey has moved rapidly from a current account that was relatively in balance up to the turn of the millennia, to sustaining relatively large current account deficits over the past 15 years. Using annual data from 1986 to 2017 and a jackknife model-averaging estimator, the paper estimates the relationship between the current account balance and a set of determinants that are broadly consistent with the cross-country literature. These determinants include private sector credit, public expenditure, real exchange rate changes, gross domestic product growth relative to the rest of the world, trade openness, international oil prices, foreign direct investment levels, past net foreign assets, inflation volatility, and global levels of uncertainty. The analysis then decomposes the predicted current account balance for five-year periods to illustrate the factors that have driven the current account over time. Over 2003-07, a large current account deficit became established in Turkey, driven by an expansion of credit to households and rapid gross domestic product growth, coupled with improved macroeconomic stability that supported higher spending and therefore imports. Since then, the negative effect of household credit has abated, but was replaced in 2008-17 by an expansion of credit to the corporate sector as a driver of the current account deficit. The current account balance in Turkey is also found to be less persistent than is typically found in the cross-country literature, implying that it adjusts more rapidly in response to shocks.
    Language: English
    URL: Volltext  (kostenfrei)
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