The paper empirically examines the differential effects of trade on economic growth and investment based on cross-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the literature. However, the empirical results based on...

The growing interdependency among East Asian countries means that there is concern not only on the way their macroeconomic variables are linked across borders, but also on the way shocks are transmitted as a consequence. This paper investigates the effect of macroeconomic linkages on...

This paper studies whether export diversification mitigated the negative effect of the global financial crisis on exports using the Korean case. Specifically, we use annual data on the exports of 24 Korean manufacturing industries from 2000 to 2016 and examine whether the negative effect of the...

The Organization of Islamic Cooperation members had proposed the establishment of an Islamic Common Market among themselves in the early 1970s. This notion currently listed among the core objectives of the Organization and, to this end, the members adopted the TPS agreement in 1990. This study...

Purpose: This study constructs a quantitative tool that can interpret the effects of trade protectionism on trading partners. Design/methodology/approach: Trade protectionist policies are a crucial phenomenon of international political economy. The existing literature has analyzed the...

The US dollar is the most prevalent currency to settle internationally traded merchandise. A few existing studies demonstrate that the US dollar can significantly impact a country's trade balance with a non-US partner. Nevertheless, the current literature indicates the remarkable deficiency of...

Im Zug der internationalen Wirtschafts- und Finanzkrise sind die deutschen Exporte stark eingebrochen, inzwischen ist aber eine deutliche Trendwende eingetreten. Die Exporteure profitieren offenbar auch in einem erheblichen Maße von den in zahlreichen Volkswirtschaften aufgelegten...

Using available annual data of 174 economies since 1957, we examine the similarities and differences of seven international reserve ratios. While individual international reserve ratios display substantial variations across economies, they are associated with an economy?s characteristics...