We explore the real effective exchange rate (REER) effects on the share of exports of Indian non-financial sector firms for the period 2000 to 2010. Our empirical analysis reveals that, on average, there has been a strong and significant negative impact of currency appreciation as well as...

A two country, three sector hybrid model of structural change with distortionary government policies is used to quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated trade in agriculture and industry, and a novel...

This study aimed to estimate the determinants of intra-trade of Muslim's countries - members of the Organization of the Islamic Conference - during the period (1970 -2006), using recent econometric techniques for the panel data. In introduction, the study examined the religious, historical and...

The paper tries to underline the evolution of trade between the E.U. and U.S. financial crisis period. In the analysis we present trend of trade in goods, services and foreign direct investment. Financial economic crisis had repercussions throughout the economy, its effects are visible...

The paper tries to underline the evolution of trade between the E.U. and U.S. financial crisis period. In the analysis we present trend of trade in goods, services and foreign direct investment. Financial economic crisis had repercussions throughout the economy, its effects are visible...

This study was conducted to investigate the issue of what Philippine merchandise trade flows would be if countries operated at the frontier of the gravity model. The study sought to estimate the coefficients of the gravity model. The estimated coefficients were used to estimate merchandise...

Using the BEEPS dataset from Enterprise Surveys, I study the effect of financial leverage (percentage of assets funded by bank loans) of firms on their decision to participate in various trading activities, such as exporting, importing and two way trading (firms that export and import). I...

Using a dataset on bilateral trade flow at the industry-level from 1980 to 2006, I determine the influence of the industry financial composition on the export flow between a developing country, Pakistan, and its trading partners. Firms undertaking exporting activities may need to fund their...

This paper assesses the empirical desirability of the East Asian economies to an alternative exchange rate arrangement (a monetary union) that can potentially enhance the exchange rate stability and credibility in the region. Specifically, the symmetry in macroeconomic disturbances of the East...

The recent global recession requires policy makers to identify the relative importance of shock transmission mechanisms in each region and devise counter policy measures against future idiosyncratic shocks. In the last decade, world dynamics have changed considerably due to increased openness...