Mary Amiti’s research while affiliated with Federal Reserve Bank of New York and other places

... (2021) Potential spillover effects. It is possible that there exists spillover effects through the supply chain (knowledge spillovers as in Amiti et al. (2024) or worker reallocation). For smaller firms, this ...

Reference:

The Impact of On-The-Job Training Subsidies on Firm-Level Outcomes: Evidence From Flemish SMEs *

... Regarding the relationship between FDI and industrial agglomeration, Amiti and Javorcik (29) believed that in case of improved freedom of trade in a country, upstream and downstream enterprises often go with the stream and swarm into this country (29). The FDI promotes the agglomeration of local industries by improving the technological innovation capacity of the host country and realizing technological spillover of such capacity among enterprises (30). ...

Reference:

Does Industrial Agglomeration or Foreign Direct Investment Matter for Environment Pollution of Public Health? Evidence From China

... Today the O & G is still one of the most lucrative industries on earth, making up 3.8% of the world's economy [8]. In the USA, the bureau of statistics revealed that 118 thousand people work for the O & G industry and generated a revenue of $333 billion, which is a per capita income of $2,822,034 [9]. Therefore, the O & G industry has a lot of capital to delay the advent of other modes of transportation that do not use their products. ...

Reference:

Reviewing the Value of Electric Vehicles in Achieving Sustainability

... Hence, they cannot distinguish a sharp rise and fall in goods inflation from a more muted but more persistent variation in services inflation. Amiti et al. (2023), Comin et al. (2023), andFerrante et al. (2023) set-up a multi-sector New Keynesian model and explain the disparity between goods inflation and services inflation. In Amiti et al. (2023) and Comin et al. (2023), supply disruptions play an important role in creating a rapid increase in goods inflation while Ferrante et al. (2023) emphasizes the sectoral demand reallocation during the COVID-19 period (from services to goods) as a main factor of goods inflation. ...

Reference:

Shocks, Frictions, and Policy Regimes: Understanding Inflation after the COVID-19 Pandemic

... There is broad consensus that developing an open economy is a key factor to economic growth ( Acs & Virgill, 2009;Giles & Williams, 2000;Gundlach, 1997). In particular, a country's open economy facilitates innovation and productivity growth through different mechanisms, such as knowledge spillovers from other trade partners (Amiti et al., 2023;Huang & Zhang, 2020) or allowing underdeveloped countries to accelerate their innovation drive by imitating leading countries (Minniti & L evesque, 2010). Moreover, the openness or connectivity of a regional economy is an important factor that impacts the building of pipelines through which external knowledge is channelled into the region, which can aid in the development of innovation capabilities (W. ...

Reference:

The optimism effect on country productivity and innovation activities

... This process can be done in one firm, or in different firms within or outside of a country. GVC emphasizes how export competitiveness depends on the sourcing of important inputs, and, thus participation of GVC has impact on GDP as well as on investment and productivity (Amiti and Wei 2009;Liu 2014;Kummritz 2016;Ignatenko, Raei, and Mircheva 2019). Theoretically, GVC participation could encourage domestic investment. ...

Reference:

Friends or Foe? The Complementarity or Substitutability of Financial Development and FDI, Financial Development and Trade Openness on Domestic Investment

... Specifically, the discussions surrounding the choice of currency have gained prominence in international finance (Adler et al. 2020;Amiti, Itskhoki, and Konings 2022;. These studies reveal that as a few currencies, such as the US dollar, dominate international trade in terms of pricing, invoicing, and settlement, this can change the traditional trade flows responding to a country's exchange rate movements. ...

Reference:

Dynamic relationship between foreign capital inflows and inflation: evidence from small open asian economies

... 6 The agreement between Canada, Mexico and the United States in force since July 2020 is called the United States-Mexico-Canada Agreement (USMCA) in the USA, in Canada is officially known as the Canada-United States-Mexico Agreement (CUSMA) in English and the Accord Canada-États-Unis-Mexique (ACEUM) in French, and in Mexico is Tratado entre México, Estados Unidos y Canadá (T-MEC). 7 Estimates of the tariff below which it will not be worth claiming preferential treatment range from 4% (Francois et al., 2005) to 5% (Amiti and Romalis, 2006). Based on analysis of 94 countries from years around 2010, Hayakawa et al. (2018) found that exporters to the ASEAN countries, Australia, China, Japan, Korea, and New Zealand made very little use of preferential tariffs. ...

Reference:

A REGIONAL TRADE AGREEMENT FOR CENTRAL ASIA?

... As in previous studies analyzing the effects of offshoring/reshoring strategies on employment (Agnese, 2012;Amiti & Wei, 2005Fuster et al., 2019;Michel & Rycx, 2012;Winkler, 2010;Wrigth, 2014 for the case of offshoring, and Fuster et al., 2020 for the case of reshoring), a log-linear labor demand function is derived from a homogeneous production function with constant returns to scale (CRS) (Hamermesh, 1993). In addition, the dependence of imported service inputs on total output is included as an explanatory variable. ...

Reference:

Does Reshoring Generate Employment? A Study on Services Reshoring and Its Intra- and Inter-Sectoral Components

... Moreover, despite the proven role of services in production (Arndt and Kierzkowski 2001;Fisher 1939) and growth (Baer and Samuelson 1981;Baumol 1967;Lee and McKibbin 2018;Romão 2020), there is less focus on the role of trade services in export product diversification. Yet, some theoretical and empirical evidences show the importance of commercial services in manufacturing production dynamism (Amiti and Wei 2005;Arnold et al. 2008;Beverelli et al. 2017;Chand and Sen 2002;UNCTAD 2022;Vogel 2022). The focus has been more relevant on services imports as inputs into production processes, but the main question here is to question the role of commercial services exports in the export product diversification. ...

Reference:

An empirical assessment of the role of trade in services in export product diversification in Sub-Saharan Africa