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This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...
Persistent link: https://www.econbiz.de/10009736755
We examine the roles of regional trade agreements (RTAs) not only in regionalization processes but also in the globalization process. Results confirm that a country can noticeably increase directional trade, particularly exports, through diplomatic relations as well as through membership
Persistent link: https://www.econbiz.de/10014052858
This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...
Persistent link: https://www.econbiz.de/10013315789
This article analyzes the developments in Israel's regional trade agreements and their effects on the liberalization of its international trade. The article first addresses Israel's dependence upon its international trade and the case for liberalizing it (Section A); the RTAs concluded by Israel...
Persistent link: https://www.econbiz.de/10013049135
In discussions of the regionalization of competition law, the political dimension often leads a shadowy existence. Regionalization tends to be presented with a hint of a halo around it. States are presented as acting for a shared policy objective intended to benefit all, and political issues...
Persistent link: https://www.econbiz.de/10013089949
The Association of South East Asian Nations (ASEAN) was established in 1967 with one of its central purposes being the acceleration of economic growth in the region. As outlined in the ASEAN Vision 2020 charter, which was agreed to by ASEAN member countries in 1997, the centerpiece of this...
Persistent link: https://www.econbiz.de/10013098896
We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows between 17 Spanish sub-national regions and 142 countries, we estimate effects of different levels of borders on trade flows and uncover heterogeneity in country-to-country,...
Persistent link: https://www.econbiz.de/10014422586
In early 2018, Russian regions saw their socioeconomic status less problematic. However, none of them has reported sustainable development. Budgets have improved somewhat. Dynamics of income and expenditure less Moscow was rather moderate. Federal assistance is channeled to regions of...
Persistent link: https://www.econbiz.de/10012919583
Observers have long been ambivalent about democratic representation by parties with a regionalist orientation. We estimate the causal effect of regionalist party representation on political violence in India and find that regionalist parties that win power cause local violence, but not through...
Persistent link: https://www.econbiz.de/10012851777
In the wake of the Asian century, the Asia-Pacific region has seen a proliferation of FTAs. The driving force behind the initial formation of these agreements since the 1990s, however, has moved away from focusing on economic incentives to more strategic geopolitical concerns. This article...
Persistent link: https://www.econbiz.de/10013073630