The objective of this study is to examine the impact of exchange rate on Nigeria’s trade balance. Time series data on trade balance, external reserves, exchange rate, money supply and real GDP were used in the analysis and the data were subjected to unit root tests to determine their time...

The objective of this paper is to test the relationship between the exchange value of the renminbi (RMB) and China’s trade balance over the 1991-1996 period. Using some recent econometric techniques designed to evaluate the existence and the direction of causality, we find no evidence to...

This paper estimates long-run and short-run trade elasticities of export demand for Guyana, Jamaica, and Trinidad and Tobago. To that end, a traditional export demand model is estimated for all three countries in the study using the bounds test for analyzing level relationships within the...

Using a long-run series of I-O tables, some simple facts are explored with respect to the Italian trade balance in the period 1960-2000. The analysis confirms that the Italian economy underwent a de-specialisation process before the euro era. This phenomenon weakened our export capacity, and in...

Lots of studies were produced in the past decade on the importance of the quality of the institutions for economic development. Several authors focused on the indicators provided by Doing Business (World Bank) to highlight the main factors favouring or rather limiting the economic development....

The aim of this study is to provide a succinct description of the specialisation model of four economies on the southern shores of the Mediterranean (Algeria, Egypt, Morocco and Tunisia) and its recent evolution, concentrating in particular on the merchandise trade. The analysis shows, according...

A defining feature of globalization is the fragmentation of individual blocks of an integrated production process across countries. This necessitates flows of final goods as well as their parts and components back and forth among the involved nations. A depreciation of a country’s currency...

In this paper we use the Johansen and Juselius cointegration technique t examine the long-run convergenCe between the trade balance and the terms o trade, using quarterly data from Sweden. The results show that the trade balance and the terms of trade are cointegrated in the long run and the...

This study investigates the relationship between trade openness and economic growth for Japan and South Korea employing data, estimation technique, model specification, and measures of openness that differ from earlier related works. In contrast to earlier related works this study uses...

This study measures the spread effects of export expansion in Sri Lanka. Leontief open input-output analysis is used to examine the backward and forward linkages in selected industries in terms of production and employment. The results suggest that the sectoral interdependence of the economy in...