发布求助
文献互助 智能选刊 最新文献

Journal of Economic Integration最新文献

筛选
英文 中文
Effect of Productive Capacities on Economic Complexity: Do Aid for Trade flows Matter? 生产能力对经济复杂性的影响:对贸易流动的援助重要吗?
IF 1.2
Journal of Economic Integration Pub Date : 2021-02-20 DOI: 10.21203/RS.3.RS-257879/V1
S. Gnangnon
{"title":"Effect of Productive Capacities on Economic Complexity: Do Aid for Trade flows Matter?","authors":"S. Gnangnon","doi":"10.21203/RS.3.RS-257879/V1","DOIUrl":"https://doi.org/10.21203/RS.3.RS-257879/V1","url":null,"abstract":"\u0000 The COVID-19 health pandemic has exposed the strong vulnerabilities of countries, including developing ones to shocks, and underlined the need for exploring ways to strengthen countries' resilience to future shocks. The current paper uses the dataset made recently available by the United Nations Conference on Trade and Development (UNCTAD) to examine (for the first time) the effect of productive capacities on economic complexity. The analysis further investigates whether Aid for Trade (AfT) flows matter for the influence of productive capacities on economic complexity in recipient-countries. The analysis uses a sample of 126 countries (including both developed and developing countries) over the period 2002-2018, and adopts the two-step system Generalized Methods of Moments (GMM) approach. Results have shown that productive capacities exert a positive effect on economic complexity over the full sample. However, the magnitude of this positive effect varies across different sub-samples, with Least developed countries (LDCs) enjoying the lowest magnitude of this positive effect. Furthermore, total AfT flows are positively associated with economic complexity, with LDCs enjoying a higher positive effect than other countries. Interestingly, total AfT flows exert a higher positive effect on economic complexity in countries that experience low levels of overall productive capacities. The latter finding highlights the need for donor-countries to scale-up AfT flows in favour of countries (such as LDCs) that are characterized by low levels of productive capacities. Finally, the empirical outcomes indicate that productive capacities enhance economic complexity in countries that receive higher amounts of total NonAfT flows.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2021-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48102407","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: 9
Evolution of the Textile Production Chain in East Asia from the Hub-Spoke Structure Viewpoint 轮辐结构视角下的东亚纺织生产链演化
IF 1.2
Journal of Economic Integration Pub Date : 2020-12-15 DOI: 10.11130/jei.2020.35.4.684
Tzu-Han Yang, Dengbin Huang, Yo-Yi Huang
{"title":"Evolution of the Textile Production Chain in East Asia from the Hub-Spoke Structure Viewpoint","authors":"Tzu-Han Yang, Dengbin Huang, Yo-Yi Huang","doi":"10.11130/jei.2020.35.4.684","DOIUrl":"https://doi.org/10.11130/jei.2020.35.4.684","url":null,"abstract":"This research utilizes hub-spoke analysis to trace the evolution of the textile production chain in East Asia during the period of world textile trade liberalization. We identify two different types of hubs via the functions they perform and track their shifting paths. The results illustrate that the Association of Southeast Asian Nations (ASEAN)-6 is a growing base for final products, while China has successfully shifted from downstream to midand upstream production. Although Japan’s hubness is decreasing in both the upand midstream sectors, it reversed these disadvantages after 2004 and has reinforced its hub status in both areas. It appears that a tri-cycle momentum system is evolving, with each power wheel having its own leading position in the vertically integrated structure. At the same time, the cooperation between China and Japan through upand midstream product trading has weakened, while that between ASEAN and Japan has grown.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43944332","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
Growth and Welfare Implications of Tariff Protection―Location Versus Allocation Effects 关税保护对经济增长和福利的影响——区位效应与配置效应
IF 1.2
Journal of Economic Integration Pub Date : 2020-12-15 DOI: 10.11130/jei.2020.35.4.609
Andrea Marino
{"title":"Growth and Welfare Implications of Tariff Protection―Location Versus Allocation Effects","authors":"Andrea Marino","doi":"10.11130/jei.2020.35.4.609","DOIUrl":"https://doi.org/10.11130/jei.2020.35.4.609","url":null,"abstract":"This paper analyzes the link between ad valorem tariffs and growth in a North-South framework, in which tariff liberalization exerts both U-shaped allocation effects (concerning the distribution of inputs across sectors) predicted by symmetric (North-North) R&D-based models, and monotonic pro-growth location effects (concerning the distribution of firms across countries) highlighted by economic geography literature. It is shown that, regardless of parameters, at sufficiently high tariffs allocation effects prevail. Thus, the equilibrium tariff-growth relationship is non-monotonic in this North-South setting as well. Numerical solutions suggest that such nonlinearities may be relevant and a potential source of misspecification bias in empirical work neglecting them. Tensions between allocation and location effects extend to the tariff-welfare link. This may be non-monotonic as well, depending on parameters. Due to static location effects, full tariff liberalization may not maximize welfare. However, this is the likely outcome under plausible parameter values.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41554253","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 Evolutionary Dimensions of Global Investment Networks 全球投资网络的演化维度
IF 1.2
Journal of Economic Integration Pub Date : 2020-12-15 DOI: 10.11130/jei.2020.35.4.576
Ronghao Jiang, Tenzin Tamang
{"title":"The Evolutionary Dimensions of Global Investment Networks","authors":"Ronghao Jiang, Tenzin Tamang","doi":"10.11130/jei.2020.35.4.576","DOIUrl":"https://doi.org/10.11130/jei.2020.35.4.576","url":null,"abstract":"Numerous studies focus on understanding the organization and operations of global economic and production networks. However, the evolution of the spatial and structural dimensions of these networks has rarely been explored. Drawing on the foreign direct investment (FDI) data from the Zephyr Mergers and Acquisitions (M&A) database, this article investigates the evolutionary patterns of global economic networks from 2000 to 2007 and from 2008 to 2016 (the years preceding and following the financial crisis). First, using social network analysis, we illuminated the network properties of the global FDI flows. Second, we employed a fractional logit panel model to reflect the influences on this evolution. The results reveal major shifts in all network properties explored in the pre-crisis period while relatively gradual growth and minor shifts characterized the post-crisis period. Urban connectivity of nations was found to be significant for FDI in the post-crisis period. Significant variations in the locational attributes between the two periods are also demonstrated.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49350644","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
Common and Country-Specific Uncertainty Fluctuations in Major Oil-Producing Countries: A Comparative Study 主要产油国常见和国别不确定性波动的比较研究
IF 1.2
Journal of Economic Integration Pub Date : 2020-12-15 DOI: 10.11130/jei.2020.35.4.724
Refk Selmi, Jamal Bouoiyour, S. Hammoudeh
{"title":"Common and Country-Specific Uncertainty Fluctuations in Major Oil-Producing Countries: A Comparative Study","authors":"Refk Selmi, Jamal Bouoiyour, S. Hammoudeh","doi":"10.11130/jei.2020.35.4.724","DOIUrl":"https://doi.org/10.11130/jei.2020.35.4.724","url":null,"abstract":"In the wake of recent political developments worldwide, future oil supply prospects have become doubtful and uncertainty plays a non-negligible role in determining the dynamics of major macroeconomic variables. This study constructs a factor model with time-varying loadings to decompose the variance of important macroeconomic and financial series for the top 10 oil-producing countries into the contributions from country-specific uncertainty and common uncertainty. The relative importance of the uncertainty estimates in explaining volatility in production, investment, total exports, the exchange rate, and stock prices seems to vary over time, with evidence of alternating periods of high and low persistent uncertainty. Global uncertainty plays a primary role output growth, investment, exports, and stock prices in all countries. Globalization and trade openness contribute to amplifying the international transmission of volatility, explaining the increasing importance of the global uncertainty factor.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44321037","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
Aid for Trade Flows and Wage Inequality in the Manufacturing Sector of Recipient-Countries 援助受援国制造业的贸易流动和工资不平等
IF 1.2
Journal of Economic Integration Pub Date : 2020-12-15 DOI: 10.11130/JEI.2020.35.4.643
S. Gnangnon
{"title":"Aid for Trade Flows and Wage Inequality in the Manufacturing Sector of Recipient-Countries","authors":"S. Gnangnon","doi":"10.11130/JEI.2020.35.4.643","DOIUrl":"https://doi.org/10.11130/JEI.2020.35.4.643","url":null,"abstract":"This study contributes to the extant literature on the effectiveness of Aid for Trade (AfT) flows in recipient-countries by examining the effect of these resource flows on wage inequality in the recipientcountries’ manufacturing sector. The analysis shows that AfT interventions help reduce wage inequality in the manufacturing sector of countries that have liberalized trade policies, enjoy greater trade openness, experience higher exports of labor-intensive manufacturing products, higher exports of low-skill-intensive manufacturing products, and greater exports of high-skill-intensive manufacturing products. Additionally, AfT interventions contribute to moderating the negative effect of export product concentration (e.g., on primary products) on wage inequality in the manufacturing sector. Finally, AfT flows reduce wage inequality in the manufacturing sector of countries that import manufacturing products (including machinery and transport equipment goods) or enjoy wider multilateral trade liberalization.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41743970","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
Trade Openness and Youth Employment in Sub-Saharan Africa: Should We Regulate the Labor Market? 撒哈拉以南非洲的贸易开放和青年就业：我们应该规范劳动力市场吗？
IF 1.2
Journal of Economic Integration Pub Date : 2020-12-15 DOI: 10.11130/jei.2020.35.4.751
K. Kpognon, H. A. Ondoa, Mamadou Bah
{"title":"Trade Openness and Youth Employment in Sub-Saharan Africa: Should We Regulate the Labor Market?","authors":"K. Kpognon, H. A. Ondoa, Mamadou Bah","doi":"10.11130/jei.2020.35.4.751","DOIUrl":"https://doi.org/10.11130/jei.2020.35.4.751","url":null,"abstract":"This study analyzes the effect of trade openness and labor market regulation on youth employment in Sub-Saharan Africa (SSA). It covers a panel of 41 countries over the period 2002-2017, a period determined by the availability of the relevant data on labor market regulation. The results obtained using pooled ordinary least squares (OLS) regression and instrumental variable-two-stage least squares (IV-2SLS) estimators reveal that trade openness and labor market regulation rigidity have a positive and significant impact on youth employment in SSA. More interestingly, trade openness negatively and significantly affects youth employment in more rigid labor markets in SSA. This result remains robust in several robustness tests. Finally, this study also examined the case of young women’s employment in SSA.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48144869","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: 8
Trade Integration and Business Cycle Synchronization in Latin American Countries 拉丁美洲国家贸易一体化与经济周期同步
IF 1.2
Journal of Economic Integration Pub Date : 2020-11-30 DOI: 10.11130/jei.2020.35.4.559
Young Ji Kim, S. Kim
{"title":"Trade Integration and Business Cycle Synchronization in Latin American Countries","authors":"Young Ji Kim, S. Kim","doi":"10.11130/jei.2020.35.4.559","DOIUrl":"https://doi.org/10.11130/jei.2020.35.4.559","url":null,"abstract":"This paper investigates the relationship between business cycle synchronization and trade integration in the Latin American region. Using data for 17 Latin American countries and the United States (US) from 1980 to 2018, we document the time-series characteristics of business cycle synchronization and intraand inter-regional trade in the region and empirically test whether trade integration contributed to business cycle synchronization. The data demonstrate that the business cycle synchronization index has been steadily increasing in the region. Regional trade integration increased until the financial crisis in 2008 and decreased slightly thereafter. The results of a system generalized method of moments (GMM) regression indicate that bilateral trade with the US significantly increased business cycle synchronization in the region, except during the 2000s, while regional trade had no significant effect. These results emphasize the importance of the indirect trade channel, especially with the US, as a main channel of business cycle synchronization in Latin America.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41611376","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: 3
Tax Competition, Fiscal Policy, and Public Debt Levels in a Monetary Union 货币联盟中的税收竞争、财政政策和公共债务水平
IF 1.2
Journal of Economic Integration Pub Date : 2020-08-31 DOI: 10.11130/jei.2020.35.3.353
S. Menguy
{"title":"Tax Competition, Fiscal Policy, and Public Debt Levels in a Monetary Union","authors":"S. Menguy","doi":"10.11130/jei.2020.35.3.353","DOIUrl":"https://doi.org/10.11130/jei.2020.35.3.353","url":null,"abstract":"We study the link between tax competition, efficiency of available fiscal bases and public indebtedness levels in the member countries of a monetary union. Theoretically, labor taxation would be the most efficient way to collect fiscal resources, as this production factor is more rigid; so, only initially weakly indebted countries can afford to have weak labor taxation rates. Empirical data also validate the decreasing relation between consumption taxation rates and public debt levels. On the contrary, capital taxation would be less efficient, because of capital mobility. If the capital taxation rate is higher than in the rest of the monetary union, tax evasion could deteriorate the fiscal base and increase the public debt to GDP ratio. So, empirical data show an ambiguous trend between the historical evolution of implicit capital taxation rates and public debt levels in the Euro Area.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42093249","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: 3
A Gravity Model Analysis of FDI across EU Member States 欧盟成员国FDI的重力模型分析
IF 1.2
Journal of Economic Integration Pub Date : 2020-08-31 DOI: 10.11130/jei.2020.35.3.426
Alena Dorakh
{"title":"A Gravity Model Analysis of FDI across EU Member States","authors":"Alena Dorakh","doi":"10.11130/jei.2020.35.3.426","DOIUrl":"https://doi.org/10.11130/jei.2020.35.3.426","url":null,"abstract":"While recent debates about European integration focus mainly on the losses from dissolutions, a remarkable rise in foreign direct investment (FDI) in the accession countries has become increasingly evident as a benefit of the European Union (EU) membership, which makes EU membership a key FDI determinant.B y applying an augmented gravity model (rather than standard gravity variables), covering 39 host and home countries over 1991-2017, we investigated specific factors in explaining FDI inflows, with a focus on the new member EU states.E mpirically, we created a series of ordinary least squares and Poisson Pseudo-Maximum-Likelihood models to account for all country-time-specific and country-pair factors.T his paper verifies that EU membership has a positive and significant effect on FDI, between 1991 and 2017 FDI inflows became greater, on average, by approximately 23%.A fter EU enlargement, more FDI came from EU members to the new EU member countries and less came from non-EU member countries.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43200436","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: 11
首页 上一页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信