The literature on backward and forward linkages in global value chains (GVCs) explores the interconnectedness of production processes across different stages and locations within the global economy. The significance of imports in value chains, however, is relatively unexplored. Recognizing...

In this paper I investigate the impact of a decrease in trade costs on firms' decisions to export. The main contribution of this paper is to evaluate empirically the theoretical predictions of several models of multi-product exporters. The focus is on the firm export entry decision and the...

The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese reforms, especially with respect to manufacturing trade, have gone further and that this is likely...

For more than forty years, the gravity equation has been a workhorse for cross-country empirical analyses of international trade flows and, in particular, the effects of free trade agreements (FTAs) on trade flows. However, the gravity equation is subject to the same econometric critique as...

This paper provides empirical evidence on the relationship between patterns of integration in global value chains (GVCs), the 'quality' of such integration in terms of technological capabilities and the structure of employment in European countries and sectors. We study employment shares in...

The gravity model of trade is used to assess the economic consequences of new borders, which arose in the wake of break-ups of multinational federations in Eastern Europe. The intensity of trade relations among the constituent parts of Czechoslovakia, Soviet Union and the Baltics was very high...

International trade and investment in telecommunications are governed by the World Trade Organization's (WTO) General Agreement on Trade in Services (GATS) and its Annex and Reference Paper (RP) on telecommunications. This paper discusses whether the 25-year old WTO framework is still fit for...

The question of whether trade agreements are 'stepping stones' or 'stumbling blocks' to multilateral trade liberalization is not a new one; however, the empirical methods and the quality of the data used to address this question are continually improving. This paper explores this familiar...

The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over...

The Asia-Pacific (APAC) region, which accounts for over 50 per cent of the world's population and over 35 per cent of the world's gross domestic product (GDP), is one of the fastest growing regions in the world. The region is growing at higher than the global growth rate and is expected to...