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With the ongoing trade normalisation process between India and Pakistan, opportunities to integrate have opened up … segment to focus on in improving trade relations between the two countries. Here, an empirical and theoretical analysis of … India-Pakistan trade using some statistical indicators reveals low levels of current trade but huge trade potential. Since …
Persistent link: https://www.econbiz.de/10010404687
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However …, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side …-effects on non-economic facets of sustainable development. As such, they are best to be accompanied by trade facilitation …
Persistent link: https://www.econbiz.de/10011773529
of GDP per capita. Because FDI and trade are two important components of economic growth in Bangladesh, it is important …The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita … GDP for Bangladesh with the help of annual time series data for 1973 to 2014. The Vector Error Correction Model (VECM …
Persistent link: https://www.econbiz.de/10011499650
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …
Persistent link: https://www.econbiz.de/10011334351
The high trade costs inferred from gravity are rarely used in thewide class of trade models. Two related problems … explain this omis-sion of a key explanatory variable. First, national seller and buyer re-sponses to trade costs depend on … their incidence rather than on the fullcost. Second, the high dimensionality of bilateral trade costs requiresaggregation …
Persistent link: https://www.econbiz.de/10009302535
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and to shed … of networks. We investigate the issues by mainly focusing on the role of matching in a trade network. The existing … conditions under which agents prefer to trade on networks rather than in markets. -- Trade networks ; Repeated games ; Matching …
Persistent link: https://www.econbiz.de/10003898826
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light … trading system. The study states conditions under which agents prefer to trade on networks rather than in markets. -- Repeated … trade ; Moral hazard ; Matching ; Transaction costs ; Networks ; Institutions …
Persistent link: https://www.econbiz.de/10003990204
systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade …, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant …
Persistent link: https://www.econbiz.de/10008729038
This paper analyzes the effects of 3D printing technologies on the volume of trade and on the structure of FDI. A … techniques. At this stage international trade stays unaffected. Finally, at later stages, with 3D printing machines being widely … used, further technological progress in 3D printing leads to a gradual replacement of international trade. Empirical …
Persistent link: https://www.econbiz.de/10011375685
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine and in turn … presence of trade opportunities conferred differential gains from trade across regions, fostering predatory behavior from the … redistribution featuring direct income transfers in return for safe passage to conduct trade. A commitment problem, however, rendered …
Persistent link: https://www.econbiz.de/10013027218