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New developments in the world economy have triggered research designed to better understand the changes in trade and investment patterns, and the reorganization of production across national borders. Although traditional trade theory has much to offer in explaining parts of this puzzle, other...
Persistent link: https://www.econbiz.de/10014058410
business scholars who apply the gravity equation in their research. The most important message of the note is that this …
Persistent link: https://www.econbiz.de/10013069475
Outward direct investment (ODI) from the People's Republic of China (PRC) is surging. A common perception is that it was driven by the country's resourceseeking and technology-seeking motives. Using a new, unique, and comprehensive dataset that covers close to 10,000 Chinese ODI deals from 1998...
Persistent link: https://www.econbiz.de/10012995410
This paper argues that Japanese Foreign Direct Investment (FDI) in China plays a critical role in home and host country's bilateral trade imbalances with the U.S. Using six cross-sectional panel data from 1981 to 2007, we find strong evidence in support of the role of Japanese FDI in mounting...
Persistent link: https://www.econbiz.de/10013108068
Open regionalism and integration between the world's two largest developing countries - the People's Republic of China (China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic and social benefits that could result in poverty...
Persistent link: https://www.econbiz.de/10013318355
Open regionalism and integration between the world's two largest developing countries - the People's Republic of China (China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic and social benefits that could result in poverty...
Persistent link: https://www.econbiz.de/10010261307
One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L?Esprit des Lois, argued, ?peace is the...
Persistent link: https://www.econbiz.de/10010262075
examines empirically the likely impact of their preferential and free trade agreements using Gravity Model under different …
Persistent link: https://www.econbiz.de/10010279691
Russia is EU’s third most important trading partner after the USA and China. EU is less dependent on Russia for trade and Russia is more dependent on the EU for trade. However, EU is more dependent on Russia for energy. With EU’s growing energy dependence on Russia, the issue of energy...
Persistent link: https://www.econbiz.de/10014186096
Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the biggest shifts in the international economic and...
Persistent link: https://www.econbiz.de/10013117791