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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 Breitung test infirmed the hypothesis of cointegration between exports and … find evidence of the bidirectional Granger causality between the exports and the imports explained by the significant …
Persistent link: https://www.econbiz.de/10013099062
The adhesion to the European Union in January 2007 induced significant changes in the Romania’s foreign trade. In the new circumstances, the Romanian firms have to face an increased competition, but they could also fructify the opportunities of the European single market. Other changes could...
Persistent link: https://www.econbiz.de/10009647323
1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long …-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …
Persistent link: https://www.econbiz.de/10011523134
Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to industrial reforms. Using data on Indian manufacturing firms, this paper analyzes the relationship between firm's productivity and export market participation during 1991–2004....
Persistent link: https://www.econbiz.de/10010597519
Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to industrial reforms. Using data on Indian manufacturing firms, this paper analyzes the relationship between firm's productivity and export market participation during 1991-2004....
Persistent link: https://www.econbiz.de/10010711837
Institutions are source of comparative advantage or disadvantage in international trade. Socio-economic and political constraints also matter for creating comparative advantage and affect the trade pattern of a country. These diverse ‘beyond the border' and ‘behind the border' constraints...
Persistent link: https://www.econbiz.de/10013010486
The study is an attempt to analyse the impact of specific sources of finance on firms' export performance by investigating empirically the SME exporters' preferred mode of financing their various export operations and linking it with their export profitability. Based on the findings it is...
Persistent link: https://www.econbiz.de/10013060087
Exporting plays a crucial role in accelerating the growth and profitability of firms. It enables them to achieve sustained competitive advantages. Interest in exporting is driven by the changing global economic scenario, liberalization, and emerging global competition. These reasons have...
Persistent link: https://www.econbiz.de/10013060894
Financing resources play a significant role in escalating export ventures particularly of MSMEs (Micro, Small and Medium Enterprises) which face a stiff competition from the larger firms. Finance is essential not only for successful operation of current activities of the firm but also aids in...
Persistent link: https://www.econbiz.de/10012965533
Section 337 of the Tariff Act of 1930 gives the United States International Trade Commission (ITC) the power to exclude products from the United States that are imported pursuant to “unfair methods of competition.” The range of potential activities covered by the law is broad, but the most...
Persistent link: https://www.econbiz.de/10014160342