The paper analyzes the link between financial constraints and firms' export decisions, using a large micro-level data set on French manufacturing firms over the 1996-2004 period. Our main finding is that firms enjoying better ex-ante financial heath are more likely to start exporting. This...

The paper compares the export price strategies of France, Germany and Italy using a large and common pool of manufacturing products and destination markets. Our results suggest that pricing-to-market (PTM) is not widespread among French and German exporters, whereas Italian one do adopt more...

The empirical relationship between trade openness and economic growth of India has been a debatable issue. The existing literature fails to provide an unambiguous answer. The paper examines this empirical relationship for the time period 1970-2010 using Vector Autoregression method and...

In this paper, we reassess the traditional import demand function and an augmented version that includes volatility of external reserves and oil revenue inflows as explanatory variables. In each version, we examine the role of regime shifts on the stability of Nigeria’s import demand function...

This study aims to reveal structural changes in the balance of payments for Romania and five other CEE countries, along with macroeconomic effects of these adjustments during the period 2008-2011. First, we studied the dynamics of foreign capital inflow components - foreign direct investment,...

This study aims at identifying and quantifying the influence of the endogenous and exogenous factors which affected the macroeconomic stability of the Emerging European (EE) Countries, under the conditions of the global financial crisis. The specific objectives to which the research included in...

In March 2013, a decrease in prices on the main commodities of the Russian export and slow-down of growth in the solvent demand as compared to March 2013 resulted in a reduction of the main indices of the Russian foreign trade. The Customs Union states have started to use more often the...

This paper examines the causal relationship between imports and growth in nine provinces of South Africa for the period 1996-2011, using panel causality analysis, which accounts for cross-section dependency and heterogeneity across regions. Our empirical results support unidirectional causality...

Apesar da conjuntura desfavorável verificada após o ano de 2008, a orientação exportadora da Fileira Florestal para o mercado externo continuou a expandir-se. Este trabalho aprofunda o estudo da sua orientação exportadora e diversificação, e fornece uma análise comparada de...

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....