Showing 1 - 10 of 250
Whether international economic integration arrangements result in a more liberal trade at the multilateral level cannot be proven with ease. Integration may start this process, but it may also reverse it. New mega-integration deals such as the Trans-Pacific Partnership, Regional Comprehensive...
Persistent link: https://www.econbiz.de/10011191485
This study extends the gravity model to include a new measure of the trading partners’ location relative to other … countries. The proposed measure is close in spirit to the theory of gravity, since it is based on the concept of the world trade … center. The measure is statistically significant when the gravity equation is estimated using the intra-OECD trade flows. The …
Persistent link: https://www.econbiz.de/10010840692
We estimate annual gravity equations for 1960-85 on a large sample, allowing us to identify time trends in the …
Persistent link: https://www.econbiz.de/10010840741
Trade relations between Japan and the Gulf Cooperation Council Countries (GCC Countries) is very strong and has been growing at very high rates during the last twenty years. In 1996, Japan imported more than 65% of its crude oil from the GCC Countries. The GCC countries’ imports from Japan...
Persistent link: https://www.econbiz.de/10010840775
We develop a methodology based on two important criteria - sensitivity in delivery time and value-to-weight ratio – to classify air cargo products. The classification is applied to evaluate the trade integration in Southern Africa since air cargo is a valuable option to overcome trade barriers...
Persistent link: https://www.econbiz.de/10010840787
This paper utilizes a specific factor model where rewards to labor and capi - tal, and employment are determined by efficient bargaining between entrepre - neurs and workers in each sector. Union threat points arise endogenously since workers’ outside opportunities in one sector depend on the...
Persistent link: https://www.econbiz.de/10010840796
and the relative height of barriers suggest that much of the increase in imports will fall in industries where the EU has …
Persistent link: https://www.econbiz.de/10010840826
industries. The results show significant potential for future growth in specific export sectors and demonstrate changing trade …
Persistent link: https://www.econbiz.de/10010840827
This paper empirically assesses the integration of ASEAN with the European Union (EU) from an ASEAN-European Union trade model, and investigates their untapped trade potential. For the observation period of 1996 to 2008, the ASEANEU trade gap between the potential trade and the actual trade...
Persistent link: https://www.econbiz.de/10010840837
This paper examines the impact of market integration in the presence of a labor union. Effects on wages, employment, product price, firm profits, and union rents are analyzed. Both the theoretical model as well as numerical sim - ulations show the importance of factors such as the product demand...
Persistent link: https://www.econbiz.de/10010840849