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We analyze the decline in the U.S. share of world merchandise exports against the backdrop of a model-based measure of competitiveness. We preliminarily use constant market share analysis and gravity estimations to show that the majority of the decline in export shares can be associated with a...
Persistent link: https://www.econbiz.de/10011605488
A narrative of popular discontent against open trade has taken hold, and politicians on both the left and the right have reacted by taking aim at trade agreements and proclaiming their support for economic nationalism. This is both bad policy and a misreading of the views of most Americans....
Persistent link: https://www.econbiz.de/10013212442
Trump's nationalist policies, especially the ones relating to H-1 B visas are seen to be taking a toll on India's $150 billion information technology industry, which relies heavily on exports to the United States. Trump's policies regarding H1 B visas could slow down and make this sector less...
Persistent link: https://www.econbiz.de/10012944571
The objective of this article is to explore the economic relationship between China and the surrounding dynamic Asian economies. It delves into China's influence over the Asian economies and whether this relationship is a market-led or de facto symbiosis. The three principal channels of regional...
Persistent link: https://www.econbiz.de/10013007260
The article deals with theoretical and methodological aspects of the modernization of domestic trade. The relevance of the study was due to the lack of scientific evidence and deformation of the trade modernization in practice. The models, spheres and the strategic direction of modernization and...
Persistent link: https://www.econbiz.de/10010860728
Commissioned by the European Commission, the Final Report for the EU-Canada Sustainability Impact Assessment (SIA) on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) provides a comprehensive assessment of the potential impacts of trade liberalisation under CETA. The analysis...
Persistent link: https://www.econbiz.de/10009647267
When trading the oil market an artificial intelligent system utilizing cortical and subcortical computing can perform better than a buy and hold strategy between Jan 3, 2005 through April 21, 2015. A cortical and subcortical algorithmic system can recognize patterns in a dataset, and therefore...
Persistent link: https://www.econbiz.de/10012996235
Using an Autoregressive Distributed Lag (ARDL) technique, and the Granger causality test, this paper examines the dynamic relationship between economic growth, the size of the informal economy, and trade openness in Ghana. Our results provide evidence of a positive and bidirectional causality...
Persistent link: https://www.econbiz.de/10012845759
This paper discusses what the next few decades could bring for the developing countries in terms of the size and composition of their trade and inward investment flows, as well as a possibly changing policy framework within the global economy in which they have to operate. Both the prospects and...
Persistent link: https://www.econbiz.de/10014182696
Computable general equilibrium (CGE) models of international trade typically rely on econometrically estimated trade elasticities as model inputs. These elasticities vary by as much as an order of magnitude and there is no consensus on which elasticities to use. We review the literature...
Persistent link: https://www.econbiz.de/10014025273