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Uncertainty, Flexible Exchange Rates, and Agglomeration*

Uncertainty, Flexible Exchange Rates, and Agglomeration* »

Source: Uncertainty, Flexible Exchange Rates, and Agglomeration

Volume/Issue: 1998/9

Series: IMF Working Papers

Author(s): Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1998

ISBN: 9781451927351

Keywords: Flexible exchange rates, Agglomeration, Two-stage EMU, exchange rate, exchange rate variability, economic geography, exchange rates

This paper shows that exchange rate variability promotes agglomeration of economic activity. Under flexible rates, firms located in large markets have lower variability of sales, reinforcing concentration of firms...

Institutions versus Geography

Institutions versus Geography »

Source: Institutions versus Geography : Subnational Evidence from the United States

Volume/Issue: 2006/169

Series: IMF Working Papers

Author(s): Alma Romero-Barrutieta , and Eric Clifton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2006

ISBN: 9781451864298

Keywords: institutions, geography, Appalachia, econometrics, probability, growth rates, instrumental variable, Macroeconomic Analyses of Economic Development, Economic Development: Regional, Urban

Empirical studies of the impact of geography and institutions on growth and development at the international level have become common place, but the high degree of abstraction at that level has led to calls for sub...

Institutions Rule

Institutions Rule »

Source: Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development

Volume/Issue: 2002/189

Series: IMF Working Papers

Author(s): Arvind Subramanian , Francesco Trebbi , and Dani Rodrik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

ISBN: 9781451859621

Keywords: Institutions, integration, geography, equation, statistics, dummy variable, equations, samples, Macroeconomic Analyses of Economic Development, Capitalist Systems: Political Economy

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that t...

Economic Geography and Wages

Economic Geography and Wages »

Source: Economic Geography and Wages : The Case of Indonesia

Volume/Issue: 2004/79

Series: IMF Working Papers

Author(s): Mary Amiti , and Lisa Cameron

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2004

ISBN: 9781451850239

Keywords: Agglomeration, vertical linkages, economic geography, cost linkages, demand linkages, market access, wage, benefits, National Security and War, Economic History: Government

The paper finds a significant shift in the economic characteristics of civil conflicts during the1990s. Conflicts have become shorter but with more severe contractions and a stronger recovery of growth. The overall...

Who Can Explain The Mauritian Miracle

Who Can Explain The Mauritian Miracle »

Source: Who Can Explain The Mauritian Miracle : Meade, Romer, Sachs or Rodrik?

Volume/Issue: 2001/116

Series: IMF Working Papers

Author(s): Arvind Subramanian , and Devesh Roy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

ISBN: 9781451853933

Keywords: growth, institutions, geography, openness, export sector, export processing, preferential access, export processing zones, export subsidies, Macroeconomic Aspects Of International Trade And Finance

This paper examines different explanations-initial conditions, openness to trade and FDI, and institutions-of the Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade a...

Breaking the Curse of Sisyphus

Breaking the Curse of Sisyphus »

Source: Breaking the Curse of Sisyphus : An Empirical Analysis of Post-Conflict Economic Transitions

Volume/Issue: 2013/2

Series: IMF Working Papers

Author(s): Serhan Cevik , and Mohammad Rahmati

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 2013

ISBN: 9781475531152

Keywords: Civil conflict, conflict recurrence risk, growth, institutions, geography, structural reforms, dynamic panel estimation, post-conflict, real gdp, gdp per capita

This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960-2010, using a dynamic panel estimation approach based on the system-g...

Small Island States in the Pacific

Small Island States in the Pacific »

Source: Small Island States in the Pacific : the Tyranny of Distance

Volume/Issue: 2012/223

Series: IMF Working Papers

Author(s): Chris Becker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2012

ISBN: 9781475510263

Keywords: microstate, economies of scale, geographic isolation, economic outcomes, per capita income, neighboring countries, transport costs, Measurement and Analysis of Poverty, Macroeconomic Analyses of Economic Development, Economic Development: Regional

This paper seeks to document key characteristics of small island states in the Pacific. It restricts itself to a limited number of indicators which are macro-orientated - population, fertility of land, ability to t...

Uncertainty, Flexible Exchange Rates, and Agglomeration

Uncertainty, Flexible Exchange Rates, and Agglomeration »

Volume/Issue: 1998/9

Series: IMF Working Papers

Author(s): Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1998

DOI: http://dx.doi.org/10.5089/9781451927351.001

ISBN: 9781451927351

Keywords: Flexible exchange rates, Agglomeration, Two-stage EMU, exchange rate, exchange rate variability, economic geography, exchange rates

This paper shows that exchange rate variability promotes agglomeration of economic activity. Under flexible rates, firms located in large markets have lower variability of sales, reinforcing concentration of firms...

Institutions versus Geography
			: Subnational Evidence from the United States

Institutions versus Geography : Subnational Evidence from the United States »

Volume/Issue: 2006/169

Series: IMF Working Papers

Author(s): Alma Romero-Barrutieta , and Eric Clifton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2006

DOI: http://dx.doi.org/10.5089/9781451864298.001

ISBN: 9781451864298

Keywords: institutions, geography, Appalachia, econometrics, probability, growth rates, instrumental variable, Macroeconomic Analyses of Economic Development, Economic Development: Regional, Urban

Empirical studies of the impact of geography and institutions on growth and development at the international level have become common place, but the high degree of abstraction at that level has led to calls for sub...

Institutions Rule
			: The Primacy of Institutions over Integration and Geography in Economic Development

Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development »

Volume/Issue: 2002/189

Series: IMF Working Papers

Author(s): Arvind Subramanian , Francesco Trebbi , and Dani Rodrik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

DOI: http://dx.doi.org/10.5089/9781451859621.001

ISBN: 9781451859621

Keywords: Institutions, integration, geography, equation, statistics, dummy variable, equations, samples, Macroeconomic Analyses of Economic Development, Capitalist Systems: Political Economy

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that t...