The study examines the empirical evidence and options for decoupling Asia from the US and EU markets. First, it demonstrates that the strong linkages both within Asia and between Asia and the United States and Europe have not waned in the last 25 years, though the transmission channels have...

The study aims to calculate Egypt’s real effective exchange rate at both the bilateral and multilateral levels, estimates the effect of real cross-rate movements on trade in goods and services and on foreign direct investment, and determines the fundamental equilibrium exchange rate for...

The study provides information about the prospective impact of trade and investment liberalization, especially for those economic sectors likely to be characterized as non-competitive in the post-WTO accession period. It also seeks to provide some guidelines on policy and institutional...

The pattern of specialization is key to understanding how trade affects the production structure of an economy. To measure specialization, I compute concentration indexes for the value of exports and imports and decompose the overall concentration into the extensive product margin (number of...

This paper assesses, using a panel data model, the determinants of Morocco’s exports. Estimates are conducted for 9 different categories of products. The model takes into account observed and non-observed individual heterogeneity. The results show that for most of the groups of exported...

Agriculture remains a major sector of the New Zealand economy, with the vast majority of farm and food production exported. The accelerating intensification of farming in New Zealand over recent decades raises concern over the current sustainability of New Zealand farming, and whether it can...

This paper provides trade flow projections for major Asian developing economies (ADEs) for the next two decades against the backdrop of an in-depth analysis of policy shifts and trade patterns over the past 4 decades. Merchandise trade of ADEs has grown at a much faster rate in the global...

Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data...

This paper aims to implement the simulation studies using a CGE approach to identify ideas on how to finalize the DDA negotiations by making some mutual concessions and deal with contentious issues yet to be agreed. The simulation results of this paper, which lay between those of the previous...

The present study attempts a quantitative assessment of the impact of recently signed ASEAN-India FTA (AIFTA) for selected plantation commodities (coffee, tea and pepper) in India. We use partial equilibrium modeling approach (SMART model and gravity model) to simulate the likely import increase...