Foreign Trade Review最新文献_第9页

Determinants of Export Diversification: Evidence from Fractional Logit Estimation Model 出口多元化的决定因素:来自分数Logit估计模型的证据

IF 1.3

Foreign Trade Review Pub Date : 2022-02-03 DOI: 10.1177/00157325211072922

Swathi. M, P. Sridharan

{"title":"Determinants of Export Diversification: Evidence from Fractional Logit Estimation Model","authors":"Swathi. M, P. Sridharan","doi":"10.1177/00157325211072922","DOIUrl":"https://doi.org/10.1177/00157325211072922","url":null,"abstract":"This article empirically explores the key drivers of export diversification in a large panel of 101 countries consisting of 43 high-income, 47 middle-income, and 11 low-income countries from 1995 to 2019. Considering the fractional nature of the dependent variable (Herfindahl-Hirschman Index), the estimates are obtained using the fractional logit technique with a set of potential determinants of export diversification for all country samples and three sub-samples. The results reveal that human capital accumulation, GDP per capita, population, trade openness, the share of manufactured output to GDP, and FDI are important determinants of export diversification. However, the share of agriculture to GDP and official exchange rate promotes export concentration. Contrary to our all-country estimation, GDP per capita and population act as deterrents to export diversification in low-income countries. In addition, the results show that the value-added in agriculture plays a dominant role in strengthening the export structure of high-income countries. Our findings suggest that policymakers should implement and reform policies targeting human capital accumulation, trade openness, investment, and value addition in the manufacturing sector for diversifying the export structure. JEL Codes: C33, F14, J24, O1","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90176680","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

Book review: Sheela Rai and Jane Winn (Eds.), Trade Facilitation and the WTO 书评:Sheela Rai和Jane Winn(编)，贸易便利化与WTO

IF 1.3

Foreign Trade Review Pub Date : 2022-02-01 DOI: 10.1177/00157325211053904

D. Chakraborty

引用次数: 0

Preference Distortion, Information Cost and Comparative Advantage: A Theoretical Quest to Claim Trade Posture in Post-Pandemic Era 偏好扭曲、信息成本与比较优势:后大流行时代贸易态势的理论探索

IF 1.3

Foreign Trade Review Pub Date : 2022-01-24 DOI: 10.1177/00157325211060934

Tonmoy Chatterjee, Soumyananda Dinda

{"title":"Preference Distortion, Information Cost and Comparative Advantage: A Theoretical Quest to Claim Trade Posture in Post-Pandemic Era","authors":"Tonmoy Chatterjee, Soumyananda Dinda","doi":"10.1177/00157325211060934","DOIUrl":"https://doi.org/10.1177/00157325211060934","url":null,"abstract":"This study argues that post-pandemic world may not necessarily follow the usual mechanism of trade. In fact, recent pandemic dragged down us to the trajectory of new normalcy. Economic behaviour under new normalcy has changed immensely following several distorted effects, namely preference distortion and information asymmetry. Such distortions change trade posture via gains from trade arguments under comparative advantage. Using the traditional Ricardian model with two countries, two goods and one factor, this study explores the effect of changes in consumer preferences on trade patterns based on comparative advantage and the significance of eliminating information uncertainty. To retain the pre-pandemic gains from such trade this study advocates for consideration of information cost associated with trade basket along with innovation. These results could be important for policymaking at least in post pandemic regime. Sensitivity analysis has also been constructed to capture the extent of changes in trade–autarky profit gaps. This study builds on the verge of economic crisis linking to pandemic and international trade. JEL Codes: C70, D81, F11, L15","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74444248","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 Determinants of Vietnam’s Information and Communication Technologies Exports to the European Union 越南向欧盟出口信息和通信技术的决定因素

IF 1.3

Foreign Trade Review Pub Date : 2022-01-14 DOI: 10.1177/00157325211057977

Phan Thanh Hoan, Duong Thi Dieu My

引用次数: 0

The Effect of COVID-19 Pandemic on the Global Supply Chain Operations: A System Dynamics Approach COVID-19大流行对全球供应链运营的影响:系统动力学方法

IF 1.3

Foreign Trade Review Pub Date : 2022-01-14 DOI: 10.1177/00157325211060932

M. H. Heidary

引用次数: 7

Does International Fragmentation of Production and Global Value Chains Participation Affect the Long-run Economic Growth? 国际生产碎片化和全球价值链参与是否影响长期经济增长?

IF 1.3

Foreign Trade Review Pub Date : 2022-01-12 DOI: 10.1177/00157325211050448

Camila do Carmo Hermida, A. M. A. D. Santos, M. Bittencourt

{"title":"Does International Fragmentation of Production and Global Value Chains Participation Affect the Long-run Economic Growth?","authors":"Camila do Carmo Hermida, A. M. A. D. Santos, M. Bittencourt","doi":"10.1177/00157325211050448","DOIUrl":"https://doi.org/10.1177/00157325211050448","url":null,"abstract":"This article aims to investigate whether the international fragmentation of production and the global value chains (hereafter GVCs) participation affects the economic growth for a set of 40 advanced and emerging economies. It considers four aspects related to the type of participation and position in GVCs captured by different value-added measures: (a) vertical specialisation index; (b) GVC participation index; (c) GVC position index in low-tech sectors; and (d) GVC position index in high-tech sectors. A panel autoregressive distributed lag (PARDL) model is pioneeringly employed to capture the long-term relationship between economic growth and our four measures for annual value-added data from 1995 to 2011, provided by the World Input–Output Tables (WIOT). The main long-run results indicate that (a) higher levels of international fragmentation of production and GVCs’ participation ensure higher GDP per capita growth rates; (b) the fragmentation and GVCs’ participation are more important to GDP growth than the gross exports as a percentage of GDP; (c) GVCs’ participation index, which considers both the ‘forward’ and ‘backward’ participation, is less important than the vertical specialisation, measured by the foreign intermediate imports; and (d the countries engaged in upstream positions in low-technology GVCs were positively and significantly benefitted in terms of growth. JEL Codes: F14, F43","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78319653","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: 5

Turkish Exports Before and After the 2001 Financial Crisis: A Panel Gravity Model 2001年金融危机前后土耳其出口:一个面板重力模型

IF 1.3

Foreign Trade Review Pub Date : 2021-12-25 DOI: 10.1177/00157325211047001

Semih Karacan, Özgen Korkmaz

{"title":"Turkish Exports Before and After the 2001 Financial Crisis: A Panel Gravity Model","authors":"Semih Karacan, Özgen Korkmaz","doi":"10.1177/00157325211047001","DOIUrl":"https://doi.org/10.1177/00157325211047001","url":null,"abstract":"Turkey was subjected to a number of financial shocks after the liberalisation movements in the 1980s. The most devastating of them was the consecutive political and financial crises in late 2000 and early 2001. The absence of political stability and depreciated Turkish Lira devastated the markets. The Turkish government immediately acted against the collapsed economic system and introduced a radical Economic Stability Programme under the supervision of Kemal Dervis¸. The programme has restructured the banking and financial system and improved economic discipline. In this study, we aim to investigate the impacts of the 2001 crisis and the structural changes on Turkish exports. To this end, we estimate a one-way gravity model, using panel data belonging to Turkish exports to 135 World Trade Organization (WTO) member countries, over the period between 1981 and 2015. The augmented model controls for the inter/intra-industry exports, competitiveness, trade agreements, trade unions and additional demographics. We utilised Poisson pseudo-maximum-likelihood (PPML) estimator to account for unobservable time-invariant effects, zero trade, possible heteroscedasticity, and cross-correlation. The results reveals that Turkey has become a free market economy after the liberalisation movements in the early 1980s, and its exports are determined by the same indicators that affect other similar economies; on the other hand, the 2001 crisis has an immediate positive effect on exports through weak Turkish Lira, but this effect turns to negative in the following year. In addition, we find that structural changes in the economic system has a significant effect on exports and help to mitigate the trade-distorting effects of the global financial crisis in 2008. JEL Codes: C33, F13, F14","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2021-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77819734","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

The India–EU FTA and Its Potential Impact on India’s Dairy Sector: A Quantitative Analysis 印度-欧盟自由贸易协定及其对印度乳制品行业的潜在影响:定量分析

IF 1.3

Foreign Trade Review Pub Date : 2021-12-06 DOI: 10.1177/00157325211050763

Anwesha Basu

引用次数: 2

A Dependent Economy Model of Employment, Real Exchange Rate and Debt Dynamics: Towards an Understanding of Pandemic Crisis 就业、实际汇率和债务动态的依赖经济模型:对流行病危机的理解

IF 1.3

Foreign Trade Review Pub Date : 2021-11-13 DOI: 10.1177/00157325211048018

Moumita Basu, Rilina Basu, Ranjanendra Narayan Nag

引用次数: 3

Productive Contribution of Public Spending and Human Capital in Developing Countries Revisited: The Role of Trade Openness 重新审视发展中国家公共支出和人力资本的生产性贡献:贸易开放的作用

IF 1.3

Foreign Trade Review Pub Date : 2021-11-13 DOI: 10.1177/00157325211045471

Thanh Dinh Su, C. Nguyen

引用次数: 3