التفاصيل البيبلوغرافية
| العنوان: |
Asymmetric trade liberalizations and current account dynamics |
| المؤلفون: |
Barattieri, Alessandro |
| سنة النشر: |
2016 |
| المجموعة: |
UPF Digital Repository (Universitat Pompeu Fabra, Barcelona) |
| مصطلحات موضوعية: |
Current account dynamics, Relative trade liberalization measures |
| الوصف: |
In this paper, I show a strong positive correlation between the value-added share of manufacturing in 2000 and current account balances in 2007 for the Euro area countries. I propose asymmetries in the timing of trade liberalizations as a new mechanism affecting the dynamics of the current account. I build intuition using a simple model. Then, I use an international business cycle model to show how the asymmetric dynamics of trade costs in manufacturing and services in 2000-2007 can partially explain the rise in the German surplus. Lastly, I provide broad empirical support for the key predictions of the theory. ; The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396. |
| نوع الوثيقة: |
report |
| وصف الملف: |
application/pdf |
| اللغة: |
English |
| Relation: |
ADEMU Working Paper Series;18; info:eu-repo/grantAgreement/EC/H2020/649396; http://hdl.handle.net/10230/27290 |
| الاتاحة: |
http://hdl.handle.net/10230/27290 |
| Rights: |
This is an Open Access article distributed under the terms of the Creative Commons Attribution License Creative Commons Attribution 4.0 International, which permits unrestricted use, distribution and reproduction in any medium provided that the original work is properlyattributed. ; https://creativecommons.org/licenses/by/4.0/ ; info:eu-repo/semantics/openAccess |
| رقم الانضمام: |
edsbas.846E1B57 |
| قاعدة البيانات: |
BASE |