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Trade Openness and Exchange Rate Management
2023Singapore's unique monetary policy consists of a managed exchange rate framework that can be characterized as a Taylor-like reaction function with the nominal devaluation rate instead of the nominal interest rate as the main policy instrument. We build a small open economy New Keynesian model to estimate and characterize such a monetary rule from a ...
Eric Parrado, Rodrigo Heresi
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Trade Barriers, Openness, and Economic Growth [PDF]
Southern Economic Journal, 2009 Using a long data set on openness and productivity, this article tests the influence of openness on total factor productivity (TFP) growth and per capita growth since 1870 for 16 industrialized countries. It is shown, in simple regressions, that growth is, by and large, independent of openness. However, once the interaction between openness and foreign
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Trade openness and economic growth quality of China: Empirical analysis using ARDL model
, 2020This paper studies the influential relationship between Chinese opening up and economic growth quality in China under exchange rate fluctuation from 1994 to 2018.
Qunxi Kong +4 more
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Trade Openness and Culture [PDF]
, 2009 This paper empirically analyzes the effect of trade openness on culture, measured by indicators of trust, respect for others, perceived level of self-determination, and level of obedience. These cultural categories play a central role in encouraging or limiting economic and social interactions and therefore impact economic outcomes.
Christopher Coyne, Claudia Williamson
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, 2020
No substantial evidence available in existing literature regarding the pattern of financial development, trade openness and foreign capital effect on renewable energy consumption.
M. Qamruzzaman, Jianguo Wei
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No substantial evidence available in existing literature regarding the pattern of financial development, trade openness and foreign capital effect on renewable energy consumption.
M. Qamruzzaman, Jianguo Wei
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Miracles and Debacles: In Defence of Trade Openness [PDF]
The World Economy, 2004 The central theme of this paper is that sustained rapid growth cannot be achieved without rapid growth in trade. A review of the experience during the past four decades offers virtually no examples of countries achieving sustained rapid growth – called miracles in this paper – without simultaneously experiencing sustained rapid growth in trade in the ...
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Trading for COTS components in open environments
Proceedings 27th EUROMICRO Conference. 2001: A Net Odyssey, 2002Trading is a well-known mechanism for searching and locating services in object-oriented systems. However, current traders present some limitations when used in open component-based system environments. In this paper we analyze the required features that COTS components traders should have, and describe the design and implementation of COTStrader; an ...
Luis Iribarne +2 more
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OPTIMAL ACCUMULATION AND TRADE IN AN OPEN ECONOMY*
The Journal of Finance, 1968As HAS LONG BEEN RECOGNIZED, a complete analysis of the benefits of foreign trade must look not only at the traditional static aspects of comparative advantage, but also at the intertemporal pattern of the allocation of all resources available to an economy-both foreign and domestic. Studies of the optirmal paths of capital accumulation in a two-sector
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Practical trade-offs for open interconnection
Proceedings of the 1992 ACM annual conference on Communications - CSC '92, 1992There is increasing market pressure to provide support for the open interconnection of systems via general purpose protocol suites such as OSI and TCP/IP. The complexity of these protocols means that the achievement of acceptable performance is not easy. Indeed, some would claim it is impossible, and advocate lean, closed protocols. A further aspect of
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