Foreign Trade Review最新文献_第5页

Inflation Adjustment, Endogenous Risk Premium and Exchange Rate: A Theoretical Analysis 通胀调整、内生风险溢价与汇率:一个理论分析

IF 1.3

Foreign Trade Review Pub Date : 2023-02-24 DOI: 10.1177/00157325221145398

Moumita Basu, Rilina Basu, Ranjanendra Narayan Nag

引用次数: 0

Future Prospects of the Gravity Model of Trade: A Bibliometric Review (1993–2021) 贸易引力模型的未来展望:文献计量学回顾(1993-2021)

IF 1.3

Foreign Trade Review Pub Date : 2023-02-01 DOI: 10.1177/00157325221140154

Suhas Jadhav, Ishita Ghosh

引用次数: 2

Ex-Ante Evaluation of India’s Trade Alliance with Indo-Pacific Region: A General Equilibrium Analysis 印度与印太地区贸易联盟的事前评价:一般均衡分析

IF 1.3

Foreign Trade Review Pub Date : 2023-01-27 DOI: 10.1177/00157325221137945

Archana Srivastava, S. Mathur, P. De

{"title":"Ex-Ante Evaluation of India’s Trade Alliance with Indo-Pacific Region: A General Equilibrium Analysis","authors":"Archana Srivastava, S. Mathur, P. De","doi":"10.1177/00157325221137945","DOIUrl":"https://doi.org/10.1177/00157325221137945","url":null,"abstract":"The study attempts to analyse the economy-wide impact of Indo-Pacific alliance between India and rest of the 45 participating members using computable general equilibrium (CGE) model. We introduce four simulation scenarios in the general equilibrium model. The first scenario is the one in which India bilaterally liberalises trade in terms of both tariffs liberalisation alone and then removal of tariffs and reduction of non-tariff barriers together with all the countries of Indo-Pacific region. The second scenario is when India bilaterally liberalises trade with all the Asian countries of the Indo-Pacific region. The third scenario is when India bilaterally liberalises trade with all the countries of the Indo-Pacific region but excludes China from the region because of the current geopolitical reasons. The fourth scenario is the one when free trade is considered among all the countries in the Indo-Pacific region. The Indo-Pacific alliance seems to go beyond strategic alliance with the 46 Indo-Pacific participating countries, wherein the members gain due to potential movement of capital and welfare and economic gains because of tariff and non-tariff liberalisation among the member countries. The article suggests the road map for maximum welfare gains for India, keeping strategic and economic engagements with other member countries and sub-regions. JEL Code: F15","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":"26 1","pages":"220 - 245"},"PeriodicalIF":1.3,"publicationDate":"2023-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79653113","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

Trade–Finance Nexus: The Centrality of the Quality of Institutions in Sub-Saharan African Leading Economies 贸易融资关系:撒哈拉以南非洲主要经济体机构质量的中心地位

IF 1.3

Foreign Trade Review Pub Date : 2023-01-27 DOI: 10.1177/00157325221137173

Fisayo Fagbemi, A. Fajingbesi, G. E. Nzeribe

{"title":"Trade–Finance Nexus: The Centrality of the Quality of Institutions in Sub-Saharan African Leading Economies","authors":"Fisayo Fagbemi, A. Fajingbesi, G. E. Nzeribe","doi":"10.1177/00157325221137173","DOIUrl":"https://doi.org/10.1177/00157325221137173","url":null,"abstract":"The study examines the interaction effect of trade and institutional quality on financial sector development in 20 leading economies in sub-Saharan Africa selected based on 2018 GDP per capita ranking (top 20 richest economies by GDP per capita released by the IMF) over the period 2005–2020. Using system-generalised method of moments estimation, the results indicate that the effect of the interaction term of trade and regulatory quality on financial development is positive and significant. Further findings show unidirectional causality running from the interaction term to financial development, implying that the likelihood of trade enhancing financial development depends on the soundness of the regulatory framework. It is confirmed that the magnitude and direction of the effect of trade on financial development are sensitive to the quality of institutions. Therefore, the poor quality of regulations on business activities and financial services could undermine the salutary impact of trade on financial development. It is suggested that creating a conducive regulatory environment to improve the level of financial development is crucial for mitigating the potential impact of the weak institutional quality risks. This remains a significant prerequisite for having a competitive business environment, thereby stimulating the role of trade in the process of financial development.","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":"25 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90465977","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

Distributional Effects of Trade Liberalisation on Wages in India 贸易自由化对印度工资的分配效应

IF 1.3

Foreign Trade Review Pub Date : 2023-01-05 DOI: 10.1177/00157325221126588

N. Dhamija

{"title":"Distributional Effects of Trade Liberalisation on Wages in India","authors":"N. Dhamija","doi":"10.1177/00157325221126588","DOIUrl":"https://doi.org/10.1177/00157325221126588","url":null,"abstract":"There is a high level of policy interest on the effect of trade liberalisation on inequality, especially in developing countries, because of their large vulnerable populations. India also initiated the process of liberalisation as a response to the severe balance of payments crisis of 1991. However, both rural and urban inequality has been increasing since the period 1993–1994, with urban inequality increasing at a higher rate. This study empirically examines the impact of trade openness on wage inequality using panel data for Indian states (separately for rural and urban areas). The results of this study indicate that trade openness does not lead to decrease in the wage inequality in the states and their rural areas. However, urban wage inequality is found to be increasing due to trade openness. These results are analysed and explained by various factors present in the Indian economy such as, skill biased technological changes; trade in intermediate goods; barriers to domestic labour mobility; and pattern and composition of India’s exports. An interesting aspect emerging is that higher education levels lead to increase in wage inequality as returns to education and inequality are increasing and the increase is also attributed to liberalisation. JEL Codes: F16, O18, C23","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":"56 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-01-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77199799","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

The J-Curve Effect in Services Trade: A Disaggregated Analysis 服务贸易中的j曲线效应:一个分类分析

IF 1.3

Foreign Trade Review Pub Date : 2022-11-15 DOI: 10.1177/00157325221126598

Ivan D. Trofimov

引用次数: 0

Indian SMEs in Global Value Chains: Status, Issues and Way Forward 全球价值链中的印度中小企业:现状、问题与未来

IF 1.3

Foreign Trade Review Pub Date : 2022-11-01 DOI: 10.1177/00157325221092609

Sonia Mukherjee, A. Mukherjee

{"title":"Indian SMEs in Global Value Chains: Status, Issues and Way Forward","authors":"Sonia Mukherjee, A. Mukherjee","doi":"10.1177/00157325221092609","DOIUrl":"https://doi.org/10.1177/00157325221092609","url":null,"abstract":"Small and medium enterprises (SMEs) account for bulk of the enterprises in most countries and play a crucial role in global value chains (GVCs). In India, micro, small and medium enterprises (MSMEs) constitute around 30% of the gross domestic product (GDP), accounts for 50% of exports and a major share in employment. Under the Aatmanirbhar Bharat Abhiyan, the Central government intends to enhance the share of MSMEs in exports to 60% in the next 5 years. The government also plans to increase the contribution of the MSMEs to 40% of the GDP. In this context, this article examines how effective the government policies have been in the past 10 years to help Indian MSMEs integrate in the GVCs. It first presents an overview of the MSMEs in India, focusing on their exports and global market integration. It then examines the schemes and policies of the Ministry of Micro, Small and Medium Enterprises, and provides an empirical estimation (2000–2001 to 2020–2021) of the impact of government schemes/programmes on MSMEs integration in the GVCs. Based on key informant interviews, it identified the core issues faced by the MSMEs and makes recommendation on how to address them, so that, the targets set by the government for enhancing the contribution of the sector to GDP and exports can be achieved. JEL Codes: F10, G28, O10, O20, O57","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":"38 1","pages":"473 - 496"},"PeriodicalIF":1.3,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77981017","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

Foreign Aid and Fiscal Policy in a Small-Open Economy with a Non-Market Sector 非市场小开放经济中的外援与财政政策

IF 1.3

Foreign Trade Review Pub Date : 2022-10-28 DOI: 10.1177/00157325221128654

Naiyue Cui, Yunfang Hu

引用次数: 1

Organisational Investment: The Case of ASML—Can the Product Make the Producer? 组织投资:以asml为例——产品能造就生产者吗?

IF 1.3

Foreign Trade Review Pub Date : 2022-10-02 DOI: 10.1177/00157325221127606

An‐Chi Tung, H. Wan

{"title":"Organisational Investment: The Case of ASML—Can the Product Make the Producer?","authors":"An‐Chi Tung, H. Wan","doi":"10.1177/00157325221127606","DOIUrl":"https://doi.org/10.1177/00157325221127606","url":null,"abstract":"This study showcases the specific inspiration from Professor Kemp by focusing on one particular firm—ASML, a Dutch lithography company. It has become the only producer to launch a group of products, the extreme ultraviolet (EUV) systems for advanced integrated circuits (ICs). Such success is relatively new and is due to a single, unprecedented multi-year programme, Customer Co-investment Program CCIP), since 2012. This programme accelerated ASML’s development of EUV, which has marginalised the other two rivals and former market leaders, Nikon and Canon, that they can only compete in the less advanced DUV and i-line systems. The article explores a number of interrelated aspects about the selected case. It discusses how economic theories offer tools into the crux of the matter. It then reviews technical and historical facts to facilitate further understanding. Next, the article considers two main issues: Is the ASML’s claim that CCIP is necessary based on the financing requirement linked to the new technology true? And is the outcome good? The first question is analysed by four inter-related levels of information asymmetry, and the second is discussed at a broader level. Finally, the article explains how Kemp and Shimomura inspires the analysis here of the illustrative case of ASML. JEL Codes: D22, D23, D82, L22, L63","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":"2019 1","pages":"176 - 191"},"PeriodicalIF":1.3,"publicationDate":"2022-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86806477","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: 2

General Equilibrium Trade Policy Analysis among One Belt One Road Nations Using Structural Gravity Framework 基于结构重力框架的“一带一路”国家一般均衡贸易政策分析

IF 1.3

Foreign Trade Review Pub Date : 2022-09-26 DOI: 10.1177/00157325221120712

Hajra Manzoor, P. Mir

引用次数: 0