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Assessment of trade integration patterns between the Russian federation and East Asian economies using panel-gravity framework
Rasoulinezhad, Ehsan; Taghizadeh-Hesary, Farhad; … - 2019
from the Russian Federation to the East Asia region, meaning that economic size and the income of population in East Asian … with the East Asia region follows the hypothesis of Linder (1961), while the Russian Federation's import pattern with this …
Persistent link: https://www.econbiz.de/10012131989
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The elasticity of trade : estimates and evidence
Simonovska, Ina; Waugh, Michael E. - 2011
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10009010513
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Trade collapse during the covid-19 crisis and the role of demand composition
Simola, Heli - 2021
We examine the role of demand composition in explaining the trade collapse and recovery during the ongoing covid-19 crisis. We apply an import-intensity-adjusted measure of demand to examine import trends in 40 advanced and emerging economies over the period 1Q95 to 4Q20. We focus on the crisis...
Persistent link: https://www.econbiz.de/10012649491
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Testing competing world trade models against the facts of world trade
Minford, Patrick; Xu, Yongdeng; Dong, Xue - 2021
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which countries trade homogeneous products in world markets and...
Persistent link: https://www.econbiz.de/10012602338
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The elasticity of trade : estimates and evidence
Simonovska, Ina; Waugh, Michael - 2011 - This Version: November 2011
Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data...
Persistent link: https://www.econbiz.de/10009542458
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Gravity without apology : the science of elasticities, distance, and trade
Carrère, Céline; Mrázová, Monika; Neary, J. Peter - 2020
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade tends to fall with distance. We then introduce some...
Persistent link: https://www.econbiz.de/10012177012
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South-South trade : an Asian perspective
Athukorala, Premachandra - 2011
The purpose of this paper is to inform the contemporary policy debate on promoting trade among developing countries (South-South trade) by analyzing trade patterns of developing Asian economies from a comparative global perspective. The paper begins with a stage-setting historical overview of...
Persistent link: https://www.econbiz.de/10009301856
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Is world trade becoming more regionalised?
Lloyd, Peter J.; Mikić, Mia; Jacob, Arun; Kravchenko, … - 2018
model of countries for a panel dataset for countries in the Asia Pacific region. The evidence that the proliferation of RTAs …
Persistent link: https://www.econbiz.de/10011786744
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Asia's changing role in world trade : prospects for South-South trade growth to 2030
Anderson, Kym; Strutt, Anna - 2011
from the North Atlantic, raising the importance of Asia in world trade, and boosting SouthSouth trade. How will trade … patterns change over the next 2 decades in the course of economic growth and structural changes in developing Asia and the rest …, and (iii) various trade policy reforms in developing Asia without and with policy reforms also in the Northʺ and in …
Persistent link: https://www.econbiz.de/10009301863
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Trade structure and the transmission of economic distress in the high-income OECD countries of developing Asia
Juthathip Jongwanich (contributor) - 2009
This paper examines the structure and direction of developing Asia's trade over the past two decades. The impacts on … developing Asia of the economic slowdown in 2009-2010 in high-income countries of the Organization for Economic Cooperation and … protectionist sentiments within developing Asia are examined. The expansion of intraregional trade in Asia reflects the role of the …
Persistent link: https://www.econbiz.de/10003845565