Studies of disaggregated international price data document a robust, positive relationship between nominal exchange (NER) volatility and the variability of international relative prices. This relationship is interpreted as evidence that sticky prices rather than trade frictions are the source of...

Joining the European Union club implies, among many other policy changes, full integration of Romania's economy into EU's customs union. This is expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium...

Regional integration for at least the last sixty years has focused on trade integration. Balassa’s canonical taxonomy of regional trading arrangements is often interpreted as a sequence from free trade area through customs union and common market to economic union. In the 1980s the concept of...

This study analyses the static effects of the customs union between Turkey and the European Union (abbreviated as CUTEU) and its alternatives from the partial equlibrium view. The first section of this study outlines the main economic effects of a customs union as well as the main methods of...

This study aims at the dynamic effects of the customs union between Turkey and the European Union (abbreviated as CUTEU) from the partial equlibrium view. This aricle consists of three parts. The first part of the article analyses briefly the static and dynamic effects and their measurement...

This paper assesses the use of information and communication technologies (ICTs) and their impact on the economic performance of small- and medium-scale enterprises (SMEs) of three East African countries: Kenya, Tanzania and Uganda. Findings of the paper suggest that the diffusion of ICT among...

Transport infrastructure improvements are considered to be one of the most effective tools for stimulating economic activity; at the same time environmentalists have largely condemned most road building as being one of the greatest threats to tropical forests. In this paper we put forth some...