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In this paper, role of international trade in economic development is discussed, both from the perspective of theoretical development and empiricism. In particular, it revisits theories pertaining to intra-industry and inter-industry trade and presents evidences of resilience in intra-industry...
Persistent link: https://www.econbiz.de/10014153898
Asia's economic significance has risen substantially over the past several decades. Further economic development in ASEAN, with its massive population, requires very efficient utilization of resources and cross-border cooperation. While ASEAN has much to gain from economic cooperation and...
Persistent link: https://www.econbiz.de/10012545928
The goal of the present paper is two-fold. First, I explore the impact of different trade patterns on industrial specialisation and consequently on business cycle co-movements between and within different regions. Especially, I emphasize industrial specialisation as a result of intra- or...
Persistent link: https://www.econbiz.de/10003865736
This paper assesses the impact of market power and multinationality in EU12 manufacturing industries on EU integration in goods trade in the 90ies. An increase in the market concentration exhibits a positive impact on bilateral exports, while an increase in multinationality works in the opposite...
Persistent link: https://www.econbiz.de/10011492659
-Singapore, or India-Nigeria. We show that the increase in IIT at the world level is due to two-way trade of vertically …
Persistent link: https://www.econbiz.de/10014215419
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This paper evaluates the impact of the rise of large emerging manufacturing exporters such as China and India on … based on 3-year average data augmented with country-specific measures of import and export competition from China and India … using instrumental variables. Stronger import competition from China and India leads to stronger income growth in advanced …
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