Analysis of Trade in the Western Hemisphere Utilizing a Gravity Model Framework

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (713 download)

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Book Synopsis Analysis of Trade in the Western Hemisphere Utilizing a Gravity Model Framework by : Brian Matthew Hilbun

Download or read book Analysis of Trade in the Western Hemisphere Utilizing a Gravity Model Framework written by Brian Matthew Hilbun and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Performance of Western Hemisphere Trading Blocs

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Performance of Western Hemisphere Trading Blocs by : Enzo Croce

Download or read book Performance of Western Hemisphere Trading Blocs written by Enzo Croce and published by International Monetary Fund. This book was released on 2004-06 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and trade diversion went hand in hand; for the Central American Common Market (CACM) and the Andean Community, the evidence points to trade diversion only. We also find that trade among neighboring countries has increased since the early 1990s. The estimations are based on a nonlinear gravity equation that incorporates the hypothesis that exports create externalities that affect trade costs. This hypothesis might help reconcile the theoretical unitary income elasticity with most empirical findings of a non-unitary income elasticity in studies using the gravity equation.

The Gravity Model in International Trade

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Publisher : Cambridge University Press
ISBN 13 : 1139488287
Total Pages : 373 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis The Gravity Model in International Trade by : Peter A. G. van Bergeijk

Download or read book The Gravity Model in International Trade written by Peter A. G. van Bergeijk and published by Cambridge University Press. This book was released on 2010-06-10 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do borders affect trade? Are cultural and institutional differences important for trade? Is environmental policy relevant to trade? How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade. This model predicts and explains bilateral trade flows in terms of the economic size and distance between trading partners (e.g. states, regions, countries, trading blocs). In recent years, there has been a surge of interest in this model and it is now one of the most widely applied tools in applied international economics. This book traces the history of the gravity model and takes stock of recent methodological and theoretical advances, including new approximations for multilateral trade resistance, insightful analyses of the measurement of economic distance and analyses of foreign direct investment.

Performance of Western Hemisphere Trading Blocs

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Performance of Western Hemisphere Trading Blocs by : E. Croce

Download or read book Performance of Western Hemisphere Trading Blocs written by E. Croce and published by . This book was released on 2006 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and trade diversion went hand in hand; for the Central American Common Market (CACM) and the Andean Community, the evidence points to trade diversion only. We also find that trade among neighboring countries has increased since the early 1990s. The estimations are based on a nonlinear gravity equation that incorporates the hypothesis that exports create externalities that affect trade costs. This hypothesis might help reconcile the theoretical unitary income elasticity with most empirical findings of a non-unitary income elasticity in studies using the gravity equation.

The Impact of Historical and Regional Networks on Trade Volumes in the Western Hemisphere

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (741 download)

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Book Synopsis The Impact of Historical and Regional Networks on Trade Volumes in the Western Hemisphere by : Harry Mikael Sandberg

Download or read book The Impact of Historical and Regional Networks on Trade Volumes in the Western Hemisphere written by Harry Mikael Sandberg and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: When it comes to regionalism, the evidence suggests an inverse relationship between economic size and regional dependency. Smaller economies, especially those located in the Caribbean basin, tend to cooperate more extensively than larger, more self-sufficient ones. The Caribbean Community and Common Market (CARICOM) and the Central American Common Market (CACM) have had significant effects on the trade behavior of their members. These effects are more prevalent for agricultural goods trade than for trade in manufactured products. Conversely, after controlling for economics, geography, and history, the postulated effects of the Mercado Comun del Sur (MERCOSUR) and the North American Free Trade Agreement (NAFTA) diminish empirically. In order to proceed with a potential Free Trade Area of the Americas (FTAA), the Western Hemisphere needs to consider both its recent geo-political history of enacting regional trade agreements and its former imperial history.

An Analysis of Bilateral Trade of the OECD Countries, Using the Gravity Model, 1959-69

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Publisher :
ISBN 13 :
Total Pages : 111 pages
Book Rating : 4.:/5 (458 download)

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Book Synopsis An Analysis of Bilateral Trade of the OECD Countries, Using the Gravity Model, 1959-69 by : James Wilford Reese

Download or read book An Analysis of Bilateral Trade of the OECD Countries, Using the Gravity Model, 1959-69 written by James Wilford Reese and published by . This book was released on 1973* with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regional Trading Blocs in the World Economic System

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Publisher : Peterson Institute
ISBN 13 : 9780881322026
Total Pages : 392 pages
Book Rating : 4.3/5 (22 download)

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Book Synopsis Regional Trading Blocs in the World Economic System by : Jeffrey A. Frankel

Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.

Exchange Rate Regimes in the Modern Era

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Publisher : MIT Press
ISBN 13 : 0262258331
Total Pages : 267 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Exchange Rate Regimes in the Modern Era by : Michael W. Klein

Download or read book Exchange Rate Regimes in the Modern Era written by Michael W. Klein and published by MIT Press. This book was released on 2012-08-24 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945–72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions.

Tourism in the Post-Pandemic World

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Publisher : International Monetary Fund
ISBN 13 : 1513561901
Total Pages : 115 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Tourism in the Post-Pandemic World by : Ms.Manuela Goretti

Download or read book Tourism in the Post-Pandemic World written by Ms.Manuela Goretti and published by International Monetary Fund. This book was released on 2021-02-19 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This departmental paper analyzes the impact of the COVID-19 pandemic on tourism in the Asia Pacific region, Latin America, and Caribbean countries. Many tourism dependent economies in these regions, including small states in the Pacific and the Caribbean, entered the pandemic with limited fiscal space, inadequate external buffers, and foreign exchange revenues extremely concentrated in tourism. The empirical analysis leverages on an augmented gravity model to draw lessons from past epidemics and finds that the impact of infectious diseases on tourism flows is much greater in developing countries than in advanced economies.

The Structure of the Japanese Economy

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Publisher : Springer
ISBN 13 : 1349237213
Total Pages : 480 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis The Structure of the Japanese Economy by : Mitsuaki Okabe

Download or read book The Structure of the Japanese Economy written by Mitsuaki Okabe and published by Springer. This book was released on 2016-07-14 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illuminates the characteristics of the Japanese economy comprehensively and analyses how and why they have been changing. The contributors to this fifteen-paper volume are internationally-known and leading researchers of the Japanese economy. Following the overview chapter, the book covers such areas as the Japanese firm, the labour market, consumption and saving patterns, financial markets, macroeconomic policies and international economic relations.

Exchange Rate Volatility and Trade Flows--Some New Evidence

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Publisher : International Monetary Fund
ISBN 13 : 1498330282
Total Pages : 132 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Exchange Rate Volatility and Trade Flows--Some New Evidence by : International Monetary Fund

Download or read book Exchange Rate Volatility and Trade Flows--Some New Evidence written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-05-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Changing Patterns of Global Trade

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Publisher : International Monetary Fund
ISBN 13 : 1463973101
Total Pages : 87 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Changing Patterns of Global Trade by : Nagwa Riad

Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Research Abstracts

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ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Research Abstracts by :

Download or read book Research Abstracts written by and published by . This book was released on 1994 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The International Monetary System

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Publisher : Springer Science & Business Media
ISBN 13 : 3642796818
Total Pages : 217 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis The International Monetary System by : Hans Genberg

Download or read book The International Monetary System written by Hans Genberg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: HANSGENBERG An international monetary system should provide a stable and predictable environment for international trade and investment. At the very least, it should not by itself be a source of disturbances in the world economy, and it should be designed so that policy errors or unforeseen shocks are not unduly transmitted between countries. In this perspective, worldwide integration of goods and financial markets present a particular challenge. Such integration increases the cross-border effects of economic policies at the same time as interlocking payments and financial systems transmit financial disturbances rapidly throughout the world. As the degree of integration and interdependence changes over time, is not a foregone conc1usion that international monetary institutions and mechanisms always remain well adapted to the state of the world economy. Occasional review of the performance of the system as well as proposals for improvements are therefore necessary. The contributions to this volume have l been brought together with this in mind.

Handbook of Deep Trade Agreements

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Publisher : World Bank Publications
ISBN 13 : 1464815542
Total Pages : 768 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Handbook of Deep Trade Agreements by : Aaditya Mattoo

Download or read book Handbook of Deep Trade Agreements written by Aaditya Mattoo and published by World Bank Publications. This book was released on 2020-09-23 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Lessons from NAFTA

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Publisher : World Bank Publications
ISBN 13 : 0821383744
Total Pages : 432 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Lessons from NAFTA by : Luis Serven

Download or read book Lessons from NAFTA written by Luis Serven and published by World Bank Publications. This book was released on 2004-11-15 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.

Global Economic Prospects 2005

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Publisher : World Bank Publications
ISBN 13 : 9780821357477
Total Pages : 186 pages
Book Rating : 4.3/5 (574 download)

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Book Synopsis Global Economic Prospects 2005 by :

Download or read book Global Economic Prospects 2005 written by and published by World Bank Publications. This book was released on 2004 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication analyses the global and national dimensions of the investment climate for developing countries, in terms of the policy and institutional environment. This edition examines the growth of regional trade agreements, which have risen eight-fold in two decades with currently, as much as 40 percent of global trade taking place among countries that have some form of reciprocal regional trade agreement. Issues discussed include: regional trading trends; effects of regional agreements on trade creation, trade facilitation and services, investment, intellectual property rights, and labour mobility; whether the proliferation of agreements poses risks for multilateral trading system, and if so, options for managing them. The report finds that agreements leading to open regionalism (that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs) are effective as part of a larger trade strategy to promote growth. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries, and the lowering of border barriers around the world is crucial to minimising these effects. The completion of the Doha Development Agenda by all WTO countries will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements.