Trade openness remains one of the key drivers of exchange rate fluctuations in both the long-run and short-run. The relationship between trade openness and exchange rate has long been explained in many theoretical and empirical studies. Nevertheless…
Numerous studies have focused on delineating the relationship between tourism and economic growth. In this article, we present the results of a rigorous meta-regression analysis based on 545 estimates drawn from 113 studies that empirically tested…
Ya es casi un lugar común aludir a la reconfiguración del poder mundial. La declinación de los Estados Unidos, la crisis europea, la emergencia de China y la India, las migraciones masivas, la violencia y la incertidumbre son parte de cualquier…
Trade in services and its positive relation with countries’ development has been a consideration in the design of public policies. In particular, since the return of democracy, it has been pointed out by Chilean authorities the intention to improve…
In the last decade, Chile has prioritized export promotion policies for the service sector as a result of global dynamism of trade in services and the need for diversification of the Chilean economy towards higher value-added industries. This study…