According to the conventional home-market effect, free trade tends to shrink the market share for a small economy in differentiated manufacturing goods, and in the extreme leads to a complete hollowing-out of the industry in a small economy. This paper considers the technology difference between...

Despite economic theory and empirical literature that have shown that wide availability of business services contributes significantly to productivity gains and growth, economic modelers have been slow to meaningfully incorporate services into their models. This paper employs a 52-sector, small,...

Foreign born people are uniquely qualified to stimulate trade between their present country of residence and the country in which they were born. This study provides an empirical investigation of the link between migration and trade flows for Sweden. Trade and migration data for Sweden and 180...

Based on theoretical distinctions suggested by the heterogeneous firms trade model and the quality heterogeneous firms trade model, we classify exports at the HS 6-digit level as being characterised by either quality or price competition. We find a high proportions of quality-competition goods...

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production patterns resulting from North-North regional integration initiatives have been documented in several studies. However, empirical evidence on South-South trade agreements is limited....

It is well known that the GCC countries are heavily dependent on oil and hydrocarbon industries, but during the 2003-2008 period, economic diversification is proceeded; enhancing the role of the private sector, encouraging FDI, and laying the ground for competitive integration in the globalization...

The People’s Republic of China has become increasingly important to the New Zealand economy since the start of economic liberalisation in China more than 30 years ago, particularly in the past decade. This paper is the first of three looking at the impact of China on the New Zealand economy....

The People’s Republic of China has become increasingly important to the New Zealand economy since the start of economic liberalisation in China more than 30 years ago, particularly in the past decade. This paper is the second of three looking at the impact of China on the New Zealand economy....

This paper examines the causal relationship between exports and growth in nine provinces of South Africa for the period 1995-2011, using panel causality analysis, which accounts for cross-section dependency and heterogeneity across regions. Our empirical results support unidirectional causality...

Recent debates advocate that closer sub-regional cooperation may be an excellent start to stronger regional cooperation. The study investigates this proposition for the case of CLMV countries that remain less integrated into the ASEAN region, based on their trade links with China. In this...