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Studying intra-industry trade involves theoretical explanations and empirical methods to measure the phenomenon. Indicators have been developed to measure the intensity of intra-industry trade, leading to theoretical models explaining its determinants. It is essential to distinguish between...
Persistent link: https://www.econbiz.de/10014334521
In this paper issue of gravity modeling in international trade has been investigated. Standard gravity equation augmented with other variables to control for transportation cost, whether trade partners are neighbors and whether country is landlocked, or countries participants in trade have had...
Persistent link: https://www.econbiz.de/10010311767
At the second conference of the UNCTAD in 1968, member states adopted a Resolution (Resolution 21(ii)) which stated, inter alia, that the offer of the non-reciprocal trade preferences (NRTPs) by wealthier countries to developing countries should aim to increase the export earnings of developing...
Persistent link: https://www.econbiz.de/10012625055
A conspicuous lacuna in the literature on Sub-Saharan Africa (SSA) is the lack of clarity on variables key for driving and predicting inclusive growth. To address this, I train the machine learning algorithms for the Standard lasso, the Minimum Schwarz Bayesian Information Criterion (Minimum...
Persistent link: https://www.econbiz.de/10012582730