With the projected growth of the global electric vehicle market that is estimated to double in the next decade, the expansion of the battery manufacturing capacity will primarily depend on the auto market’s electrification. Moreover, the market growth puts new requirements on the end-of-life...

This paper introduces an internal capital market into a two-factor model of multi-segment frms that features managers' empire building and informational frictionswithin the organization. Our novel theory shows that international trade imposesdiscipline on divisional managers and improves capital...

This book is divided into eight chapters. The objective of this book is to show the impact of COVID-19 on the international trade worldwide. This first chapter explains each chapter of this book. The second chapter shows the extensive damage of COVID-19 in the market economy. This chapter...

As the rise in international trade has driven this growth, recent decades have seen rapid growth in the world economy. The increase in business is, in turn, the result of both technological developments and concerted efforts to reduce trade barriers. Some developing countries have opened their...

This study investigates the patterns of consumptions among the classes of household. this class is characterized of two types of financial constraint households and non financial constraint households, in particular, according to the discussions of Zelde (1989), Kaplan et al. (2014), and Aguiar...

This paper examines ethics in international trade from several different ethical perspectives, including consequentialism, utilitarianism, virtue ethics and deontology. The views of Aristotle, Plato, Adam Smith, Bentham, Kant, Pareto, Rawls, Flew, Nozick, Bastiat and others are discussed and...

Climate scenario analysis is increasingly important as firms are required by regulation to report on climate risk. For example, TCFD disclosure using NGFS scenarios is currently an emerging standard for financial firms. Within this context, an important risk/ opportunities driver is the funding...

We provide firm-level evidence that processing trade helps relax the restriction of credit constraints on exports. We show that firms with higher processing trade share have better export performance than those with lower processing trade share in financially more vulnerable sectors. The...

We nowcast world trade using machine learning, distinguishing between tree-based methods (random forest, gradient boosting) and their regression-based counterparts (macroeconomic random forest, linear gradient boosting). While much less used in the literature, the latter are found to outperform...

The emphasis is to inspect the contribution of non-global value chains embedding,global value chains embedding and different embedding modes on the fluctuation ofChina's export growth rate. The results indicate that, China's export growth rate holds asignificant "transitional fluctuations"...