Pakistan has not been able to significantly increase exports or diversify its export base towards higher value-added products which has both contributed to its perpetual balance of payments problems and impeded growth. To address this, it is crucial…
Freelancers in Pakistan earned around $400 million in both FY21 and FY22, accounting for about 15% of the $2.6 Billion in ICT exports. To learn more about the landscape of freelancing in Pakistan, we scraped the data on Pakistan-based freelancers…
We examine the relationship between low-priced intermediate inputs (via input tariff reductions) and export performance indicators using panel data from 166 countries from the years 2000-2015. Employing an instrumental variable approach, we show…
This empirical study aims to investigate the effects of political instability on economic volatility and monetary policy conduct. The econometric methodology adopted is the Panel Auto-Regressive Distributed Lag (PARDL). The instability variable was…
About two years ago, the world was hit by a major unexpected shock: the COVID-19 pandemic. While this health and economic crisis has had, and continues to have, a severe impact on European citizens and businesses, the euro area banking sector has so…
We consider two countries with initially one firm in each country and the possibility for each firm to invest in the other country or commercialize its products, and for workers to immigrate (Common Labor Market; CLM). Interestingly, when firms…
As inter-sectoral linkages are being increasingly organized in complex networks, It has become inconceivable to study sectors’ responses to exogenous shocks without considering the nature of these invisible but real linkages Leontief (1941). However…
We use unique enterprise survey data to explore the export behavior of firms in Tunisia, a small, trade-dependent country with a complex policy environment regarding exporting. Firms may export directly or indirectly through intermediaries, and can…
This paper examines whether government spending and governance have a nonlinear relationship with economic growth. The study determines the threshold effect of the institutional quality on the relationship between public expenditure and economic…
This paper examines the impact of trade facilitation factors on trade flows, with a particular focus on Global Value Chains (GVCs) in the agricultural and manufacturing sectors. Using the structural gravity model of international and intra-national…