assessing the decreasing role of geographical distance (as a result of globalisation) in the world economy spatial econometric techniquesDecreasing role of distance increasing importance of financial openness as channel of spillovers aross countries

A Common Economic Area (CEA) formed by Russia, Kazakhstan and Belarus since January 1st 2012, following creation of the Customs Union between these countries in 2007 (and in operation since mid-2010), raises a number of topical questions on whether it can be sustainable, trade-stimulating,...

The ECO Regional Integration affects the Trade and Some Macroeconomic Variables of ECO MembersGlobal Trade Analysis Project Modeling Approach Trade policy reform will improve the ECO members' economic performance, by means of greater exports, imports and output, lower import prices, higher...

Empirically investigates the shock relationship of exchange rate volatility on bilateral trade flows between Nigeria and India. Vector Autoregressive Model (VAR) 1. The innovations of Nigeria trade flows shocks to related India price and income shocks shows that it generates inconsistencies that...

We reassess, with industry-level data, the scale effect from trade protection, by means of a comprehensive fixed-cost variable, composing both technology coeficient and firms size, and a comparative (international) analysis. Evidence is based on Brazil’s manufacturing industries during its...

To access, with industry-level data, an ampler set of trade-policy effects under imperfect competition, which are: the competition, the scale and allocative effects. In theoretical terms, we rely on comparative advantages, underpinning the general-equilibrium analysis, and on spatial...

Try to find the effect of exchange rate on the employment of countries. CGE modell and new georgraphy Economics As long as we concern, the employment rate will increase when a country takes part in devaluation no matter what type it belongs to. On the other side, the participation of other...

Product variety has played a central role in models of trade and growth. Classical trade theory postulates that the elimination of trade barriers improves welfare by reducing the wedge between domestic and import prices as well as the ensuing deadweight loss. An entirely different reason for the...

Within this paper, we discuss problems and solutions of integrating intertemporal trade into an economy-energy-environment model. Modeling intertemporal trade provides additional flexibility in achieving economic development as well as environmental sustainability targets, that likely...

The puzzle of Feldstein and Horioka (1980) stems from the early eighties: the authors identified the correlation between a country's savings-to-GDP and investment-to-GDP ratio as a measure of international capital mobility. By using a cross-section analysis they concluded that the long-awaited...