International Economics最新文献_第2页

Transport costs and the locations of upstream-downstream sectors in China and Indonesia 中国和印度尼西亚的运输成本和上下游部门的位置

International Economics Pub Date : 2025-06-02 DOI: 10.1016/j.inteco.2025.100602

Jang Ping Thia , Yumin Hu

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Reassessing EU comparative advantage: The role of technology 重新评估欧盟的比较优势：技术的作用

International Economics Pub Date : 2025-05-31 DOI: 10.1016/j.inteco.2025.100601

Filippo di Mauro , Marco Matani , Gianmarco Ottaviano

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IMF programs for growing out of debt: Evidence of a catalytic effect on foreign direct investment 国际货币基金组织摆脱债务的计划：对外国直接投资产生催化作用的证据

International Economics Pub Date : 2025-05-30 DOI: 10.1016/j.inteco.2025.100604

Grégory Donnat

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引用次数: 0

Impacts of trade diversion from China in the United States market on wages in a third country: Evidence from Thailand 中国在美国市场的贸易转移对第三国工资的影响：来自泰国的证据

International Economics Pub Date : 2025-05-28 DOI: 10.1016/j.inteco.2025.100603

Kazunobu Hayakawa , Sasatra Sudsawasd

{"title":"Impacts of trade diversion from China in the United States market on wages in a third country: Evidence from Thailand","authors":"Kazunobu Hayakawa , Sasatra Sudsawasd","doi":"10.1016/j.inteco.2025.100603","DOIUrl":"10.1016/j.inteco.2025.100603","url":null,"abstract":"<div><div>Since the latter half of the 2010s, China's exports to the United States (US) have gradually decreased due to the US-China trade war and other factors, such as lockdown measures in China to combat COVID-19. This decrease has resulted in increasing exports from third countries, including Thailand, to the US market by substituting China's exports, i.e., trade diversion. Against this backdrop, this study empirically investigates how the changes in exports to the US driven by the change in China's exports to the US affect wages in Thailand. Especially, we examine the heterogeneous effects according to workers' characteristics. To this end, we conduct regression analyses using individual-level quarterly data from the first quarter of 2017 to the second quarter of 2023. Our main finding is that the wage gap between low- and middle-skill occupations decreased, while the gap between middle- and high-skill occupations increased. Namely, the increased exports to the US caused “wage polarization” in Thailand. We also find that the increase in exports to the US contributed to expanding the wage gap by age but narrowing it by gender.</div></div>","PeriodicalId":13794,"journal":{"name":"International Economics","volume":"183 ","pages":"Article 100603"},"PeriodicalIF":0.0,"publicationDate":"2025-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144189463","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The macroeconomic effects of public sector efficiency in advanced economies 发达经济体公共部门效率的宏观经济效应

International Economics Pub Date : 2025-05-09 DOI: 10.1016/j.inteco.2025.100600

Christos Chrysanthakopoulos , Panagiotis Bouloumpasis , Manolis Skotoris , Athanasios Tagkalakis

引用次数: 0

Trade in Business Services’ booms: The case of Ghana 商业服务贸易的繁荣：加纳的案例

International Economics Pub Date : 2025-05-08 DOI: 10.1016/j.inteco.2025.100598

Andrea Ariu

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Leveraging global value chains for innovation: the case of SMEs 利用全球价值链促进创新：以中小企业为例

International Economics Pub Date : 2025-05-07 DOI: 10.1016/j.inteco.2025.100599

Yasmine Eissa , Chahir Zaki

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Monetary policy effects on freight rates of dry bulk vessels 货币政策对干散货船运价的影响

International Economics Pub Date : 2025-04-12 DOI: 10.1016/j.inteco.2025.100596

Eleftheria Kostika , Panagiota Siameti , George Dotsis

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How much debt is too much? Debt-growth dynamics in commodity-dependent and non-commodity-dependent developing economies 多少债务算太多？依赖商品和不依赖商品的发展中经济体的债务增长动态

International Economics Pub Date : 2025-04-11 DOI: 10.1016/j.inteco.2025.100597

Sarah J. Carrington , Leon Padilla , Ronny Oswaldo Herrera Pozo

{"title":"How much debt is too much? Debt-growth dynamics in commodity-dependent and non-commodity-dependent developing economies","authors":"Sarah J. Carrington , Leon Padilla , Ronny Oswaldo Herrera Pozo","doi":"10.1016/j.inteco.2025.100597","DOIUrl":"10.1016/j.inteco.2025.100597","url":null,"abstract":"<div><div>This paper examines the debt-growth dynamics of commodity-exporting and non-commodity-exporting developing countries, examining whether public debt thresholds differ between these groups. We applied the dynamic panel data threshold effects model with endogenous regressors including both <em>endogenous</em> and <em>exogenous</em> instruments proposed by Kremer et al. (2013) and expanded by Seo and Shin (2016) and Seo et al. (2019). Using panel data for 46 countries from 1981 to 2019, the analysis identifies distinct debt thresholds for the two groups, revealing significant negative effects of debt on growth beyond 62.14% of GDP for commodity exporters over the period 1981–2000, and beyond 53.83% during 2001–2019. For non-exporters, a debt threshold has emerged only over recent decades and is identified at 67.96% of GDP, with low-to-moderate debt levels <em>positively</em> associated with growth. The results highlight the role of institutions, human and physical capital investment, and trade openness in mitigating the growth drag effects of debt, particularly concerning commodity exporters. These findings deepen our understanding of debt sustainability and growth in developing economies, emphasizing the unique vulnerabilities of resource-dependent countries.</div></div>","PeriodicalId":13794,"journal":{"name":"International Economics","volume":"182 ","pages":"Article 100597"},"PeriodicalIF":0.0,"publicationDate":"2025-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143834490","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Do international capital flows discourage labour productivity in the Caribbean? An empirical investigation of Jamaica 国际资本流动是否阻碍了加勒比地区的劳动生产率？对牙买加的实证调查

International Economics Pub Date : 2025-04-05 DOI: 10.1016/j.inteco.2025.100595

Nadine McCloud , Wendel Ivey

{"title":"Do international capital flows discourage labour productivity in the Caribbean? An empirical investigation of Jamaica","authors":"Nadine McCloud , Wendel Ivey","doi":"10.1016/j.inteco.2025.100595","DOIUrl":"10.1016/j.inteco.2025.100595","url":null,"abstract":"<div><div>International capital flows can be harnessed to catalyse economic prosperity in developing nations. Correspondingly, they can have unintended consequences that keep these countries in a low productivity trap. As of 2020, Jamaica’s labour productivity has not eclipsed its historical high in 1976 despite being one of the top remittance-receiving destinations globally and a magnet for FDI inflows for tourism and global services. Leveraging linear and flexible orthodox and machine-learning tools, we empirically explore the dynamic heterogeneous impact of Remittances, FDI and ODA on labour productivity in the Caribbean nation. In the short run, a 10% increase in remittances has a contemporaneous impact of <span><math><mrow><mo>−</mo><mn>0</mn><mo>.</mo><mn>9</mn><mtext>%</mtext></mrow></math></span> on Jamaica’s labour productivity on average. At higher levels of labour productivity (greater than US $16,594.80), the adverse impact of remittances on labour productivity becomes more detrimental. Over longer horizons, the results reveal that positive (negative) shocks to remittances reduce (increase) Jamaica’s labour productivity. Also, remittances negatively impact Jamaica’s labour productivity at lower remittance inflow levels or higher levels of ODA. FDI and ODA exert adverse effects. Overall, we find that aggregate wage, labour force participation and GDP are plausible channels for the adverse remittance effect on Jamaica’s labour productivity.</div></div>","PeriodicalId":13794,"journal":{"name":"International Economics","volume":"182 ","pages":"Article 100595"},"PeriodicalIF":0.0,"publicationDate":"2025-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143888168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0