Foreign Trade Review最新文献_第10页

Book review: Rajib Bhattacharyya (Ed.), The Gains and Pains of Integration and Trade Liberalization: Lessons from Emerging Economies 书评:拉吉布·巴塔查里亚主编，《一体化与贸易自由化的得失:来自新兴经济体的教训》

IF 1.3

Foreign Trade Review Pub Date : 2021-11-01 DOI: 10.1177/00157325211031073

Ranajoy Bhattacharyya

引用次数: 0

Foreign Direct Investment and Output Volatility Nexus: A Global Analysis 外国直接投资与产出波动关系:一个全球分析

IF 1.3

Foreign Trade Review Pub Date : 2021-10-31 DOI: 10.1177/00157325211042107

Aisha Tauqir, Muhammad Tariq Majeed, Sadaf Kashif

引用次数: 1

Isolating China: Deglobalisation and its Impact on Global Value Chains 孤立中国:去全球化及其对全球价值链的影响

IF 1.3

Foreign Trade Review Pub Date : 2021-10-28 DOI: 10.1177/00157325211045463

B. Gopalakrishnan, Sumathi Chakravarthy, Tavishi Tewary, Vranda Jain

{"title":"Isolating China: Deglobalisation and its Impact on Global Value Chains","authors":"B. Gopalakrishnan, Sumathi Chakravarthy, Tavishi Tewary, Vranda Jain","doi":"10.1177/00157325211045463","DOIUrl":"https://doi.org/10.1177/00157325211045463","url":null,"abstract":"As global value chains (GVCs) account for 80% of global trade, the revival of protectionism, amidst the looming trade tensions between United States and other trading partners, particularly China will dampen the international input–output relations. By using a multi-regional and multi-sectoral dynamic computable general equilibrium model, this study analyses China driven GVCs. The study explores the impact of tariff change on China and its major trading partners on economic variables like consumption, investment, government expenditure, exports and imports and sectors like electronic goods, coal, crude oil and machine equipment for the five-year period, that is, 2021–2025. GTAP 10 database has been used. The findings of the study suggest that although China’s dominance may diminish, yet it would continue to be one of the prominent players in GVC. Further, based on the results, the global economy can look forward to fragmented and locally oriented supply chains. At the sectoral level, the shorter supply chains would lead a further disjoint global trade system with a wider range of suppliers for similar products and hence increased regionalisation of production. JEL Codes: F10, F17, F60, F16, D58","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80441649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Current and Capital Account Dynamics in India: An Empirical Analysis of the Post-Reform Period 印度的经常账户和资本账户动态:改革后时期的实证分析

IF 1.3

Foreign Trade Review Pub Date : 2021-09-17 DOI: 10.1177/00157325211037101

Tanveer Ahmad Khan

{"title":"Current and Capital Account Dynamics in India: An Empirical Analysis of the Post-Reform Period","authors":"Tanveer Ahmad Khan","doi":"10.1177/00157325211037101","DOIUrl":"https://doi.org/10.1177/00157325211037101","url":null,"abstract":"This article analyses the dynamics between current account (CA) and capital account in post-liberalisation India. Contemporaneous occurrence of CA deficit along with capital account surplus suggests the possible causal relationship between the two accounts. The theoretical debate around capital account liberalisation (KAL) is developed with the intention to lend support to empirical results for policy formulation. The analysis of arguments for and against KAL liberates us in interpreting the empirical results. Within the framework of KAL, this article proceeds to estimate the relationship between current and capital account. A set of econometric tests are performed on an Indian quarterly data over the period from 1996 to 2018. Econometric analysis reveals that capital account affects CA negatively. Short-run capital and debt flow also affect CA negatively, while foreign direct investment (FDI) affects it positively. We find debt flow to be an important factor, contributing to CA imbalance. Such dynamics is critical for any decision about KAL. From the analysis, it is observed that India needs to encourage FDI, while maintaining strict control over short-term capital, which is highly disruptive, and proceed cautiously towards full KAL. JEL Codes: C32, F21, F32","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89470524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Anatomizing India’s Presence in Automotive Global Value Chains 剖析印度在汽车全球价值链中的存在

IF 1.3

Foreign Trade Review Pub Date : 2021-09-13 DOI: 10.1177/00157325211039909

Ankita Dash, R. Chanda

{"title":"Anatomizing India’s Presence in Automotive Global Value Chains","authors":"Ankita Dash, R. Chanda","doi":"10.1177/00157325211039909","DOIUrl":"https://doi.org/10.1177/00157325211039909","url":null,"abstract":"Global value chains (GVCs) are the modus operandi of contemporary international trade and production. However, the operational underpinnings of what facilitates or hinders participation of firms in their respective sectoral GVCs are surprisingly understudied. This article attempts to discover the potential factors—ranging from regulatory, institutional, technological, trade-related and financial to sectoral, and input-related elements—affecting GVC participation of automotive firms in India. A firm-level field survey was undertaken to better understand firms’ perceptions regarding these factors. The findings were analysed using principal component analysis (PCA) and partial least squares structural equation modelling (PLS-SEM), which revealed that certain policies such as state government initiatives and the Competition Act, as well as trade facilitation measures like standardisation of procedural requirements and trade agreements were the most significant factors aiding firms’ participation in automotive GVCs, while institutional, technological and input-related aspects were deterrents to such participation. Our findings have important implications for policymaking in the country for encouraging greater GVC participation of firms, especially small and medium enterprises. JEL Codes: F14, F6","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87348132","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Evaluating the Effect of Digital Transformation on Improvement of Service Trade in West Africa 数字化转型对改善西非服务贸易的影响评估

IF 1.3

Foreign Trade Review Pub Date : 2021-08-14 DOI: 10.1177/00157325211032021

Nnanna P. Azu, Philip A. Nwauko

{"title":"Evaluating the Effect of Digital Transformation on Improvement of Service Trade in West Africa","authors":"Nnanna P. Azu, Philip A. Nwauko","doi":"10.1177/00157325211032021","DOIUrl":"https://doi.org/10.1177/00157325211032021","url":null,"abstract":"Digital revolution is instrumental to the wave of globalisation and transformation of the global economy. But the pace of digital transformation and service trade is low in the West African region. This article investigates the effect of digital transformation on the development of service trade in the region. This research captured digitisation in two standpoints: internet penetration rate and mobile subscription rate. The Im-Pesaran-Shin unit-root test affirms that the model is appropriate for panel autoregressive distributed lag estimation method. Adopting pool mean group estimator, the results attest for the existence of cointegrations in the model. The estimations reveal that the effect of digitisation on service trade is a long-run phenomenon. While the result is robust with export, it is not consistent with import. The long-run positive impact of digitisation on service export ranges from 0.087% to 0.159%, depending on the proxy for digitisation. The overall short-run effect is not statistically significant in export and not robust in import. It is reportedly consistent in some countries but not robust with some others. The region needs to rally in adopting and adapting to the new face of technology to improve service trade. JEL Codes: C23, F14, O33","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84160372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Tracking Greenfield FDI During the COVID-19 Pandemic: Analysis by Sectors 2019冠状病毒病大流行期间跟踪绿地外国直接投资:按部门分析

IF 1.3

Foreign Trade Review Pub Date : 2021-08-12 DOI: 10.1177/00157325211031317

Nadia Doytch, N. Yonzan, K. Reddy, F. De Beule

{"title":"Tracking Greenfield FDI During the COVID-19 Pandemic: Analysis by Sectors","authors":"Nadia Doytch, N. Yonzan, K. Reddy, F. De Beule","doi":"10.1177/00157325211031317","DOIUrl":"https://doi.org/10.1177/00157325211031317","url":null,"abstract":"We study the trends and fluctuations in greenfield foreign direct investment (GFDI) during the first wave of the COVID-19 pandemic crisis on a global scale. We analyse the data of a data set of GFDI provided by fDi Markets (Financial Times) to understand the contraction of GFDI during the first three quarters of the year 2020, taking into account the sector of the investment and the host and home country. We analyse both the long-run trends and the quarter-over-quarter changes in GFDI to capture its fluctuations before and during the first wave of the COVID-19 crisis and the 2008 global financial crisis. Our findings cast light on which countries’ and industries’ GFDIs were most affected by the pandemic crisis and draw a comparison to the global financial crisis. To our surprise, many services industries have shown unexpected resilience of GFDI due to the flexibility for remote work. On the contrary, GFDI in the manufacturing industries, as well as the extractives and the utility industries, has shown a dramatic decline during the pandemic. These contractions raise questions of stability and resilience of the global supply chains these industries are a part of. JEL Codes: F21","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87969152","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 10

Book review: Matthew C. Klein and Michael Pettis, Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace 书评:马修·c·克莱因和迈克尔·佩蒂斯，《贸易战是阶级战争:日益加剧的不平等如何扭曲全球经济并威胁国际和平》

IF 1.3

Foreign Trade Review Pub Date : 2021-08-01 DOI: 10.1177/00157325211010568

Oliver Braunschweig

引用次数: 2

Decomposing International Trade in Commercial Services 商业服务中的国际贸易分解

IF 1.3

Foreign Trade Review Pub Date : 2021-07-20 DOI: 10.1177/00157325211018890

H. Roelfsema, C. Findlay, Xianjia Ye

{"title":"Decomposing International Trade in Commercial Services","authors":"H. Roelfsema, C. Findlay, Xianjia Ye","doi":"10.1177/00157325211018890","DOIUrl":"https://doi.org/10.1177/00157325211018890","url":null,"abstract":"To delve deeper into the rise of trade in commercial services as the most important determinant of the recent increase in digital trade, this article offers a decomposition of international service trade using the latest release of the Inter-Country Input–Output (ICIO) tables. The analysis decomposes international service trade into a split between (a) direct services exports and services embodied in goods, (b) advanced economies and the major emerging markets, and (c) the major commercial services industries. We show that overall direct service exports have become more important relative to services embodied in goods, especially in advanced economies (the ‘cross-border’ effect). Further, we show that for emerging markets, the rise of the exports of services comes from the increase in volume of export of goods, which embed services and not because of an increased share of services embodied in the domestic value of exported goods (the ‘embodied volume’ effect). Finally, we show that the increase in services trade can be attributed to the increase in traded information technology (IT) services and not so much to that in financial and business services that are increasingly traded digitally across borders (the ‘plain vanilla digitalisation’ effect). JEL Codes: F14, F15, G20","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87963837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Impact of India-ASEAN Free Trade Agreement: An Assessment from the Trade Creation and Trade Diversion Effects 印度-东盟自由贸易协定的影响:从贸易创造效应和贸易转移效应看

IF 1.3

Foreign Trade Review Pub Date : 2021-07-08 DOI: 10.1177/00157325211021503

L. Singh

引用次数: 9