01843cas a2200253 a 4500 AALejournalIMF017500 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475585506 1018-5941 BD-DhAAL BD-DhAAL Cerra, Valerie. Launching Export Accelerations in Latin America and the World / Valerie Cerra, Martha Tesfaye Woldemichael. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (68 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates the determinants of sustained accelerations in goods and services exports. Strong predictors of export takeoffs include domestic and structural indicators such as lower macroeconomic uncertainty, improved quality of institutions, a depreciated exchange rate, and agricultural reforms. Lower tariffs, participation in global value chains and diversification also contribute to initiating export accelerations. The paper also finds heterogeneity, with somewhat different triggers for Latin America and the Caribbean, as well as for goods and services. Finally, despite the lack of a robust effect on output, export surges tend to be associated with lower post-acceleration unemployment and income inequality. Mode of access: Internet Tesfaye Woldemichael, Martha. IMF Working Papers; Working Paper ; No. 2017/043 Full text available on IMF http://elibrary.imf.org/view/journals/001/2017/043/001.2017.issue-043-en.xml IMF e-Library