Purpose – The purpose of this paper is to investigate the levels of extensive (wider set of goods) and intensive (larger quantities of each good) margins for 126 countries grouped by income and development hierarchies. Design/methodology/approach – Analysis of variance and the coefficient of...

Purpose – This purpose of this paper is to investigate the existence of cointegration and causality between the stock market price indices of Thailand and its major trading partners (Australia, Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, the UK and the...

Purpose – This paper aims to critically examine China's exchange rate policy debate and discuss Chinese financial and capital control reform of recent years. Furthermore, using the empirical results based on a regional general equilibrium model, alternative methods are suggested of addressing...

Purpose – In 2008, a bill was introduced in the 110th Congress (HR6415) to address the “unintended consequences” of US free trade agreements (US FTA) on manufacturers operating in US foreign trade zones (FTZs). Presently, US manufacturers operating in FTZs that use imported components pay...

The article examines the impact of changing human resource endowments on the factor intensity and commodity composition of manufacturing exports in the ASEAN economies. There is evidence that skill and human capital endowments over the period 1970-83 have increased, and that this rise in the...

Purpose – To construct an index (index of environmental sensitivity performance) to be used in a cross-country trade model in order to analyze the effect of various degrees of environmental stringency on the trade patterns, and especially on the export performance of the countries....

Purpose – To avoid aggregation bias by using trade data at bilateral level so that we can determine how sensitive are Britain's inpayments and outpayments to the value of the British pound. Design/methodology/approach – The method is based on the bounds testing approach to cointegration and...

Purpose – This paper aims to combine the authors' findings of widespread bilateral trade-share persistence with some recent empirical evidence of substantial and rapid volatility in the country source of most products in order to extend the implications of this literature in several ways....

The global market failure problem of international biodiversity loss can be mitigated through the use of trade interventions or by the creation of new international markets and institutions for the global environmental benefits generated by the biodiversity conserved by host countries. However,...

Curbing (without banning) potentially environmentally-damaging activities that have global, rather than local, effects raises challenges analogous to those faced by a community lacking legislative powers that has to restrict access to a common pasture in order to make its use sustainable. A...