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...

Using a conventional multi-region, multi-sectoral global trade analysis project (GTAP) model, we analyze the effects of India’s trade liberalization policies on its output, trade, and welfare. We also analyze three trade policy scenarios: full trade liberalization, joint cooperative trade...

This paper examines the determinants of Italian intra-industry trade in horizontally and vertically differentiated products. The dataset used eliminates the effects linked to the hypothesis of homogeneity both between countries − when specific industry characteristics are analysed − and...

This study surveys U.S. manufacturing intra-industry trade with 12 countries along the Asian Pacific Rim during the period 1990-2003. While the U.S. total trade with China grew by 802% surpassing the rest of APR countries, we see a negative growth of 1.64% in manufacturing intra-industry trade....