Intra-industry trade has a paramount value in the theory of international trade due to the reason that it establishes the base for exploiting economies of scale and product differentiation, which ultimately ensures the existence of comparative advantage. The current research is an endeavour to...

Corruption is an important topic for governments and economics. A widely held belief is that exposure to international trade helps reducing corruption. In this article we show through theory and evidence that the relationship between trade and corruption is more nuanced. We show that firm level...

This study empirically investigates to ascertain the impact of trade protection vis-à-vis border closure policy on manufacturing sector in Nigeria between January 2018 and June 2021 using monthly secondary data. The study employs traditional theory of protectionism as its theoretical framework....

The aim of this paper is to present how countries can be compared on the basis of the development of selected macroeconomic indicators. The economic similarity of the four founding Mercosur countries (i.e., Argentina, Brazil, Paraguay, and Uruguay), based on the development of five selected...

The paper aims to analyse structural changes in foreign trade based on systematic statistical data as a factor of competitiveness of the Republic of Serbia. First, contemporary tendencies in international trade are analysed, where the value and volume of world trade are monitored, as well as key...

Purpose: The aim of this study is to investigate the impact that exchange rate volatility has on international trade flows including here exports and imports. Design/methodology/approach: This study is based on quarterly data from 2000-2018 making 224 observations in total. To measure the...

This article analyses Turkey's safeguard (SG) actions using a renovated approach to the measurement of the impacts of the SG duties with empirical application introduced by Bown and McCulloch (2004). We examine the trade impacts of 16 safeguard duties, covering 52 different 4 and 6-digit...

This study investigates the influences of trade and financial openness on financial development over the period 2003-2017 from a sample of 64 developing countries, employing a Bayesian model averaging approach to take into account model uncertainty. The results demonstrate that the contribution...

Purpose - Existence of working poverty reduces the effectiveness of the strategy of "increasing employment to reduce poverty". Developed countries are already concerned about it but insufficient attention has been made by developing countries. Focusing on developing countries this study...

The agricultural sector has experienced increased haphazard policy interventions and has been exposed to different policy uncertainties. However, relatively little empirical research has been done on how economic policy uncertainties (EPU) affect agricultural exports. Thus, this paper explores...