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Using traditional Cournot demand concepts, the effect of an increase in export demand on the price and domestic quantity demanded for a given product under different market structures and production cost structures is examined. In general, an increase in the product price will result in a...
Persistent link: https://www.econbiz.de/10011882738
Trade stimulates economic growth as well as create employment. The basic principles (of the WTO) make the system economically more efficient and cut the production and marketing costs. It gives consumers more choice, and a broader range of qualities to choose from. These are the basic benefits...
Persistent link: https://www.econbiz.de/10011938248
This study assesses the impact of trade openness on economic growth among ECOWAS countries using secondary data from 1975 to 2017. The study uses non-stationary heterogeneous dynamic panel models through the application of Pooled Mean Group (PMG) and Mean Group (MG) estimators since time...
Persistent link: https://www.econbiz.de/10012229203
imports, while their effect on exports is likely to depend on how much domestic labour contributes to total value added. If … that the effect of corporate tax on exports and imports depends on the stock of FDI. Corporate taxes are unlikely to affect … have a major impact on exports. This is an important finding, because it challenges the established view in the literature …
Persistent link: https://www.econbiz.de/10013178172
reduce exports and imports only when the stock of foreign direct investment (FDI) is high. The effect is present primarily in …
Persistent link: https://www.econbiz.de/10013205369
affect exports and imports and how domestic labour value added shapes this relationship. We find that higher labour taxes … reduce exports but that the effect depends to a large extent on the share of domestic labour value added, which differs by … industries, countries and time periods. Imports do not seem to be affected. This implies that changes in labour taxes will not …
Persistent link: https://www.econbiz.de/10012616352
distribution of immigration elasticities of imports and exports across 48 studies that yielded 300 observations. The results show … on trade. The migrant elasticity of imports is larger than that of exports in about half the countries considered, but … the publication bias and heterogeneity-corrected elasticity is slightly larger for exports than for imports. …
Persistent link: https://www.econbiz.de/10010282213
long-term developments of trade volumes. Imports seem to be less affected by temperature changes. Findings on the effects … of natural disasters on trade are more ambiguous, but at least it can be concluded that exports seem to be affected … negatively by the occurrence and severity of disasters in the exporting country. Imports may decrease, increase, or remain …
Persistent link: https://www.econbiz.de/10015051825
This study examines the long-run relationship between Chilean exports and imports during the 1975-2004 period using … that there exists a long-run equilibrium between exports and imports in Chile, despite the balance-of-payments crisis of …
Persistent link: https://www.econbiz.de/10010291862
In Germany, for the reporting year 2009 transaction-level data on exports and imports of goods have been aggregated at …
Persistent link: https://www.econbiz.de/10010294477