This paper examines the relationship between the shadow economy and trade openness in Uganda, using autoregressive … distributed lag bounds testing approach. We find that the shadow economy and trade openness have a long- and short … exposure to foreign trade significantly reduces the size of the shadow economy. This could imply that as countries become more …

trade system. For over fifty years, the system grew constantly thanks to the increasing number of countries that joint it as … principles, whose core credo was that all participating countries would gain more if engaged in trade than if in autarchy … predictions look elusive. One serious implication is today's unorthodox approach of trade policy, free trade being sacrificed in …

crises, international tourism, and international trade in general. In this study, we explore the effect of exchange rate … regimes on global cocoa trade. STATA statistical tool was employed in analyzing panel data from 10 leading cocoa … materials and products. Most cocoa-producing countries grow cocoa as a cash crop, thus, rely heavily on the trade of cocoa beans …

The authors review current developments in international trade and its prospects for the future arguing that despite … the recent slowdown, trade remains an important driver of economic growth and development. Scepticism towards further … trade opening needs to be addressed, notably via appropriate domestic adjustment policies. One challenge to advancing …

international trade. However, there is scarce literature on the impact of logistics performance on global value chain trade …. Therefore, the objective of this paper is to investigate the effect of logistics performance on global value chain trade … international trade. The analysis is based on biennial panel data on bilateral trade flows for the EU-15, CEE, and the Western …

Using OECD Trade in Value Added (TiVA) database (2021, 2022) and Asian Development Bank (2022) dataset, this paper …

Standard trade theory suggests that the profile of exporting firms is characterized by large firms which dominate …, creating and shaping global production networks. In recent decades, trade flows have become increasingly dominated by trade …-in-tasks within global production networks. Given the importance of pro-competitive effects in establishing the gains from trade …