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deterioration in US-China political relations on Australia-China bilateral trade. By imposing a recursive identification scheme with … different assumptions, the empirical results illustrate that worsening US-China political relations have a negative impact on … Australian exports to and imports from China. Under a time-varying structural vector autoregression model, it is found that the …
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The emergence of production networks has changed the structure of international trade, which a large share of intra-regional trade flows and the rising value of intermediate goods trade or network trade between countries within the same region reflect. While a production network exists in both...
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The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in...
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