The increasing interdependence of world economies influenced largely by the cross-border flow of trade have enormous impacts on climate change. The purpose of this paper is to explore the effects of globalization on international trade as well as examine the ways in which trade between countries...

Do firms in developing countries shift trade towards developed economies as a result of high economic growth? The matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our analysis reveals a rising low-income country trade share...

This paper looks at Austria's pattern of development and its lessons for Eastern Europe. Austria's development path is characterized by two features. In the post-war era Austria was among the countries with the fastest convergence rate. At the same time Austria's movement up the technological...

The diversification of production and trade is considered almost unanimously a fundamental policy goal, particularly for developing economies whose export baskets are heavily concentrated on a few products. In what direction trade diversification ought to take place is, however, subject to...

India and Japan have a strong trade partnership, where Japan ranks in top five investors in terms of Foreign Direct Investment (FDI) in India. This investment has injected funds into many developmental projects, helping India in strengthening its infrastructure and resource base. However, after...

This paper studies the relationship between Asia’s economic engagements in Africa and individual African nations’ participation in global value chains (GVC) over the past two decades. We find that while overall exports from Africa to Asia are still highly concentrated in resource-intensive...

This paper presents a framework for estimating and simulating a quantitative spatial model of trade and violence. In this new theoretical and empirical setup, designed for the analysis of bilateral flows, we first model the general equilibrium interactions between the economic and fighting...

Diverse goals which are widely agreed to be important in world society. Nevertheless, discussions on trade policy often refer only to economic objectives, usually still more narrowly conceived in terms of gains in aggregate income through trade. Where other objectives are not simply ignored, it...

This note reestimates Grossman and Krueger's (1993) SO2 emissions regression including regressors to capture the effects of scale, trade and trade policy. Several new results are obtained. Increases in economic activity have a negative effect on the environment separate from changes in per...

Using model selection techniques based on out-of-sample predictive ability criterion in a Vector Autoregression (VAR) framework, this paper empirically examines the causal relations among growth, trade, and wage inequality in Bangladesh between 1971 and 2000. There is some evidence of...