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emission in the long run; the trade volume does not directly affect the emission of CO 2 in Japan. Besides, the ratio of the …, trade and commerce, focusing on different regions, including the Middle East, Africa, and Southeast Asia. Investigation from … a developed country perspective is understudied. Hence, this research aims at analysing how trade and commerce …
Persistent link: https://www.econbiz.de/10014621179
Purpose – The economic linkages between China and Japan have been strengthened through both trade and Japanese direct … China on the Sino‐Japanese bilateral trade. Design/methodology/approach – An index, RRCA, was used to illustrate the changes … contributed not only to the increase of Chinese exports to Japan, but also to the increase of Chinese imports from Japan. This …
Persistent link: https://www.econbiz.de/10014847507
/methodology/approach – Using time series data for the USA, Canada, Japan and Australia over the period 1960‐2008, the authors test the asymmetric … relationship between government size and terms‐of‐trade volatility by applying multivariate hidden cointegration analysis. Findings … – The findings show that high terms of trade volatility are positively related to government spending in the all sample …
Persistent link: https://www.econbiz.de/10014863329
countries, with the exception of Japan and to some extent, South Korea. Originality/value – In this respect, the trade spillover …Purpose – The purpose of this paper is to incorporate the spillover effects of trade on East Asian productivity, namely … China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore and Thailand. Design/methodology/approach – This study …
Persistent link: https://www.econbiz.de/10015040286
This paper develops a simple model to study the impact of stock markets on the current account. The model allows for an arbitrary number of risky assets, which form an incomplete market, as well as a risk-free bond. A closed-form solution for the current account is derived from the optimal...
Persistent link: https://www.econbiz.de/10014588346
Although substantial current account deficits can be sustained indefinitely, large deficits in goods and services trade … cannot be. Even to stabilise the current account deficit, the United States must restore balance in goods and services trade …
Persistent link: https://www.econbiz.de/10014591476
Purpose – The purpose of this paper is to determine whether current account imbalances – surpluses or deficits – are “excessive” and hence constitute a valid concern. The second objective is to assess the degree of capital mobility by comparing the variance of the current account...
Persistent link: https://www.econbiz.de/10014863327
The paper empirically investigates the inter-linkage between FDI inflow and international trade in service sector in … more than 60 percent of output and almost 35 percent of trade in global economy. The sector also accounted for 63 percent … theoretically established causal relationship between FDI inflow and international trade in services towards sustainable and service …
Persistent link: https://www.econbiz.de/10012047646
Abstract We model imperfect contract enforcement when the victims of default resort to spot trading because the act of repudiation reveals a favorable outside option. We show that enforcement imperfection is essentially distinct from the contract incompleteness analyzed in the previous...
Persistent link: https://www.econbiz.de/10014586826
Abstract In this paper, we analyze the trade war between two large countries when the trade policy is decided through … majority voting. We show how the distributive aspect of trade policy interacts with the strategic aspect. It is shown that the … of the trade war at home (abroad) is larger (lower) than the Johnson-Mayer one. This is to say that the strategic effects …
Persistent link: https://www.econbiz.de/10014586839