This paper studies the usefulness of the P*-model in the analysis of the behaviour of prices in Iranian economy. The P*-model is based on the Quantity of Theory of Money. This model believes that the price level tends to move towards the equilibrium price level. The P* model uses price gap to...

One consequence of the proliferation of preferential trade agreements is that an increasing share of international trade is not subject to most favored nation tariffs, but rather enters markets through preferential access. The objective of this paper is to better investigate to what extent...

Purpose: This study examines Democratic Republic of Congo’s (DRC) trade and tourism as the country’s key business for sustainable financing and growth. Design/methodology/approach: This study uses a panel dataset of DRC’s trade and tourism flows from 165 countries over two years...

Purpose: This study examines Democratic Republic of Congo's (DRC) trade and tourism as the country's key business for sustainable financing and growth. Design/methodology/approach: This study uses a panel dataset of DRC's trade and tourism flows from 165 countries over two years (2014-2015). An...

The study deals with trade benefits from the free trade agreement of the SAARC countries. It assesses the trade potential and trade creation with member and non-member countries. The gravity model has been used to measure the bilateral trade flows and to assess the trade effect for member and...

This study extends the gravity model to include a new measure of the trading partners’ location relative to other countries. The proposed measure is close in spirit to the theory of gravity, since it is based on the concept of the world trade center. The measure is statistically significant...