The unprecedented 11 September 2001 terrorist attacks in the United States caused massive casualties and damage, and ushered in an era of greater uncertainty. While a prompt and vigorous policy response helped limit the immediate economic impact of the aggression, the heightened terrorist threat...

The large and vibrant informal trade between India and Nepal continues to thrive despite trade liberalization in the two countries. This calls for an in-depth analysis of India's informal trade with Nepal. The analysis, carried out on the basis of an extensive survey conducted in India and Nepal...

Using data from a survey conducted by the World Bank in China, this paper shows that foreign ownership enhances firm productivity. We also find that only equity ownership from foreign firms can have such a positive impact, but not ownership from foreign institutional investors, banks, or...

The unprecedented 11 September 2001 terrorist attacks in the United States caused massive casualties and damage, and ushered in an era of greater uncertainty. While a prompt and vigorous policy response helped limit the immediate economic impact of the aggression, the heightened terrorist threat...

This paper examines the interplay of environmental policies with trade policies (tariffs) in a context of bilateral trade and imperfect competition.

Bu calisma, Avrupa Birligi’ne 2007 yilinda Romanya ile birlikte dahil olan Bulgaristan’in dis ticaret yapisindaki donusumunu incelemektedir. Sovyetler Birligi’nin cokusu ile Avrupa’da cozulen sosyalist sistemler serbest pazar ekonomisini sirayla benimsemeye...

This paper compares the competitive advantages of high technology products export from BRIC countries to the United States using quantitative (ESI and RCA index) and qualitative analyzingof export value and distribution performance. We estimate a Varying Coefficient Model on panel data for BRIC...

This paper explores the dynamic relations between the Romanian exports and imports using monthly data from January 2005 to March 2009. We test the cointegration and causality between the two variables. The results of Engle-Granger, Johansen and cointegration tests are ambiguous while the...

This paper adds to the literature that suggests that exports become less sensitive to exchange rate movements under certain circumstances. Focusing on the industry-specific sensitivity of export quantities to exchange rates in the context of intra-industry trade (IIT), this paper theoretically...

We study international trade in a model where consumers have non-homothetic preferences and where household income restricts the extensive margin of consumption. In equilibrium, monopolistic producers set high (low) prices in rich (poor) countries but a threat of parallel trade restricts the...