It takes the average reader and 42 minutes to read Effective Trade Costs and the Current Account: An Empirical Analysis by Ms.Emine Boz
Assuming a reading speed of 250 words per minute. Learn more
A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on current account balances: countries specializing in sectors that face relatively high trade costs, such as services, tend to run current account deficits, and similarly, countries specializing in low trade cost sectors, such as manufacturing, tend to run current account surpluses. To test this view, we first infer comparative advantages and trade costs, by sector, within a large sample of countries for the period 1970–2014. Then we construct effective trade costs—trade costs weighted by sectoral comparative advantage—to gauge the height of a country’s overall trade costs. Results reveal that, although higher effective exporting costs are associated with lower current account balances, their impact is quantitatively limited; furthermore, the effective costs of importing often have no statistically significant effect.
Effective Trade Costs and the Current Account: An Empirical Analysis by Ms.Emine Boz is 42 pages long, and a total of 10,584 words.
This makes it 14% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 57 minutes to read Effective Trade Costs and the Current Account: An Empirical Analysis aloud.
Effective Trade Costs and the Current Account: An Empirical Analysis is suitable for students ages 8 and up.
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