Volume/Issue: 2011/044
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
June
2011
ISBN: 9781498338769
The past few decades have seen important shifts that have reshaped the global trade landscape. As a share of global output, trade is now at almost three times the level in the early 1950s, in large part driven by t...
Volume/Issue: 2016/105
Series: IMF Working Papers
Author(s):
Gee Hee Hong
,
Jaewoo Lee
,
Wei Liao
, and
Dulani Seneviratne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
May
2016
ISBN: 9781484368565
Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China's import growth slowed starkly, driven by both external and domestic factors, including a rebalancing of dema...
Volume/Issue: 2010/142
Series: IMF Working Papers
Author(s):
Kei-Mu Yi
,
Rudolfs Bems
, and
Robert Johnson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2010
ISBN: 9781455201259
This paper uses a global input-output framework to quantify US and EU demand spillovers and the elasticity of world trade to GDP during the global recession of 2008-2009. We find that 20-30 percent of the decline i...
Volume/Issue: 2009/64
Series: IMF Working Papers
Author(s):
Massimiliano Pisani
,
Pietro Cova
, and
Alessandro Rebucci
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2009
ISBN: 9781451872118
This paper investigates the role played by emerging Asia in the emergence and evolution of the global trade imbalances. Based on simulations in a general equilibrium model of the world economy, we find that a produ...
Volume/Issue: 2009/63
Series: IMF Working Papers
Author(s):
Alessandro Rebucci
,
Nicoletta Batini
,
Pietro Cova
, and
Massimiliano Pisani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2009
ISBN: 9781451872101
This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of the United States, the euro area, and Japan in the emergence and evolution of today's global tra...
Volume/Issue: 2010/34
Series: IMF Working Papers
Author(s):
Douglas Laxton
,
Susanna Mursula
,
Michael Kumhof
, and
Dirk Muir
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2010
ISBN: 9781451962734
This working paper presents a comprehensive overview of the theoretical structure of the Global Integrated Monetary and Fiscal Model (GIMF), a multi-region dynamic general equilibrium model that is used by the IMF...
Volume/Issue: 2015/6
Series: IMF Working Papers
Author(s):
Cristina Constantinescu
,
Aaditya Mattoo
, and
Michele Ruta
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
January
2015
ISBN: 9781498399135
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slow...
Volume/Issue: 2015/252
Series: IMF Working Papers
Author(s):
Swarnali Hannan
,
Maximiliano Appendino
, and
Michele Ruta
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
November
2015
ISBN: 9781513531793
This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some...
Volume/Issue: 2011/044
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
June
2011
DOI: http://dx.doi.org/10.5089/9781498338769.007
ISBN: 9781498338769
The past few decades have seen important shifts that have reshaped the global trade landscape. As a share of global output, trade is now at almost three times the level in the early 1950s, in large part driven by t...
Volume/Issue: 2019/193
Series: IMF Working Papers
Author(s):
Tamim Bayoumi
,
Jelle Barkema
, and
Diego Cerdeiro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
September
2019
DOI: http://dx.doi.org/10.5089/9781513510569.001
ISBN: 9781513510569
The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions b...