We present a Kaldor-Thirlwall theoretical and empirical framework on the basic driving forces of the behaviour of productivity and economic development in the long-run. By calculating the so- called Thirlwall equation, the main contribution of our research is to examine whether Brazil has been...

Motivated by the standard Heckscher-Ohlin theory, we investigate whether comparative advantage affects the duration of exports from least developed countries (LDCs). To do so, we first calculate each exported product’s distance from the country’s comparative advantage. Then we estimate a...

The exchange rate plays an important role in a country’s trade performance. Whether determined by exogenous shocks or by policy, the relative valuations of currencies and their volatility often have important repercussions on international trade, the balance of payments and overall economic...

Over the last three decades, global supply chains (GSCs) have increasingly gained importance in linking developing countries to international markets. Today a substantial share of the production processes of GSCs is taking place in developing countries. For developing countries and their...

This paper explores the effect of market access on firms’ export performance and their survival on foreign markets. The data used cover all Peruvian exporting firms between 2002 and 2008, a period during which Peru was active in joining the global economy. This is done using two indices: one...

The paper presents a review of recent work both theoretical and empirical related to the impact of non-tariff measures with a focus on technical regulations. A minimalist theoretical set-up to analyse non-tariff measures is first presented. Various empirical approaches and techniques used to...

This paper examines the impact of market access conditions as a determinant of exports from sub-Saharan Africa. The analysis focuses on tariffs and considers both direct market access (the tariffs faced by exports from sub-Saharan Africa) and relative market access conditions (the preferential...

Trade in textiles and apparel is of special interest among international trade transactions. Removal of the final Agreement on Textiles and Clothing (ATC) quotas in 2005 brought about a division of textile- and apparel-exporting countries into groups of winners and losers. Turkey appeared as a...