Journal of Economic Integration最新文献_第4页

IF 1.2

Journal of Economic Integration Pub Date : 2023-06-15 DOI: 10.11130/jei.2023.38.2.247

Barli Suryanta, A. Patunru

引用次数: 2

The Role of Economic Freedom in the Relationship between Foreign Direct Investment and Economic Growth: Evidence from Former Socialist Countries 经济自由在外国直接投资与经济增长关系中的作用:来自前社会主义国家的证据

IF 1.2

Journal of Economic Integration Pub Date : 2023-06-15 DOI: 10.11130/jei.2023.38.2.322

Ochilov Shokhrukh, Kasimov Ikboljon, Xaldarov Zamon

引用次数: 0

The Necessity and Composition Strategy of the United Nations of the World 世界联合国的必要性及其组成战略

IF 1.2

Journal of Economic Integration Pub Date : 2023-06-15 DOI: 10.11130/jei.2023.38.2.171

M. Choo

引用次数: 0

Reducing Capital Flight in Africa: Does Regional Financial Integration Matter? 减少非洲资本外逃:区域金融一体化重要吗?

IF 1.2

Journal of Economic Integration Pub Date : 2023-06-15 DOI: 10.11130/jei.2023.38.2.186

Celestin Balla Mekongo, H. A. Ondoa, Guy Albert Kenkouo

引用次数: 0

Official Visits and Economic Freedom 官方访问与经济自由

IF 1.2

Journal of Economic Integration Pub Date : 2023-06-15 DOI: 10.11130/jei.2023.38.2.219

Oasis Kodila‐Tedika, S. Khalifa

{"title":"Official Visits and Economic Freedom","authors":"Oasis Kodila‐Tedika, S. Khalifa","doi":"10.11130/jei.2023.38.2.219","DOIUrl":"https://doi.org/10.11130/jei.2023.38.2.219","url":null,"abstract":"This study examines the effect of U.S. Presidents and Secretaries of State visits to a country on institutional quality, particularly on economic freedom. Hence, the study develops a model that predicts the conditions under which official visits can enhance the quality of institutions. We compile variables on official visits from 1960 to 2019 from the archives of the U.S. State Department to test the predictions of our model. In addition, we use the endogenous treatment model estimation to deal with potential endogeneity. The estimation results show that the official visits have a statistically significant negative effect on economic freedom, particularly in non-democratic countries with less political freedom. The estimation results are robust with different types of visits and samples. The study presents multiple explanations for these results, including the possibility of the following: First, some American administrations adopt a pragmatic approach aimed at achieving strategic objectives while overlooking practices that do not enhance institutional quality. Second, these official visits may improve other aspects of institutional quality that are more observable to the international community than economic freedoms. Third, American policymakers care more about achieving short-term objectives from their visits that can be presented as accomplishments to their electorate rather than institutional reforms that will only yield benefits to the United States in the long run. Finally, economic freedoms are associated with political freedoms per the Hayek-Friedman hypothesis.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41392878","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

Analyzing the Evolution of China-Africa Economic Integration: A Wavelet Approach 中非经济一体化演进的小波分析

IF 1.2

Journal of Economic Integration Pub Date : 2023-06-15 DOI: 10.11130/jei.2023.38.2.302

Marvellous Ngundu, H. Ngalawa

{"title":"Analyzing the Evolution of China-Africa Economic Integration: A Wavelet Approach","authors":"Marvellous Ngundu, H. Ngalawa","doi":"10.11130/jei.2023.38.2.302","DOIUrl":"https://doi.org/10.11130/jei.2023.38.2.302","url":null,"abstract":"This study analyzes the evolution of Africa's degree of economic integration with China from 1993 to 2019. The study period encompasses a number of China-Africa bilateral economic treaties, which the literature claims are prolific and have significantly strengthened Africa's degree of economic integration with China. We develop a theoretical argument that, if this assertion holds, the integration indicator must reflect a long-run upward trend that is less obstructed by noise. To validate this argument, we use a wavelet approach and find no evidence necessitating failure to reject the null hypothesis of no periodicity, suggesting that the integration indicator was statistically noisy over the study period. This finding suggests that interpreting the evolution of China-Africa economic integration primarily through bilateral economic pacts can be deceptive. The interpretation should instead be exploratory in nature to unpack some hidden motivations associated with this integration. Our preliminary investigation revealed that the Angola Model is primarily driving China-Africa economic integration. Therefore, it is plausible to argue that China-Africa economic integration is perpetuated to exploit natural resources rather than to enhance hard infrastructure development in Africa, as purported in the literature.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42788827","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

More Integrated than Ever? Long-Term Market and Policy Drivers of Intra-Asian Trade 比以往任何时候都更加一体化?亚洲内部贸易的长期市场和政策驱动因素

IF 1.2

Journal of Economic Integration Pub Date : 2023-03-15 DOI: 10.11130/jei.2023.38.1.32

Alejandro Ayuso-Díaz, Antonio Gómez‐Plana

{"title":"More Integrated than Ever? Long-Term Market and Policy Drivers of Intra-Asian Trade","authors":"Alejandro Ayuso-Díaz, Antonio Gómez‐Plana","doi":"10.11130/jei.2023.38.1.32","DOIUrl":"https://doi.org/10.11130/jei.2023.38.1.32","url":null,"abstract":"Since the Doha Round stalemate after 2001, trade liberalization has progressed through regional trade agreements (RTAs) and East and Southeast Asia is not unfamiliar with this. Before assessing the effectiveness of recent trade agreements, the long tradition of trade exchange in this region that has lasted for more than 2,000 years necessitates an understanding of the evolution of intra-Asian trade across history. In this regard, this study contributes to the literature examining whether present intra-Asian trade is more or less intense than before 1938. This research outperforms previous studies using a gravity model that controls for changes in GDP and trade costs in the region across four different time periods (between 1840 and 2018). The results show that contemporary regional trade in East and Southeast Asia is slightly less intense than before World War II. A second question addressed is the relevance of trade agreements after the 1985 Plaza Accord on trade integration, compared with market determinants. A second gravity model for regional imports after 1986 is regressed on both policy and market indicators, indicating that the latest wave of intra-Asian trade is characterized by trade complementarities that are fueled by regional foreign direct investment, and free trade agreements are less effective. This result is validated through a network analysis demonstrating the symbiosis between trade and investment flows in the region, which should be considered in RTAs that are in place or in negotiation to take intra-Asian trade beyond its historical limits.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44274668","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 Determinants of Disaggregated Capital Inflows to Emerging Market Economies: Empirical Evidence from Korea 新兴市场经济体分散资本流入的决定因素——来自韩国的经验证据

IF 1.2

Journal of Economic Integration Pub Date : 2023-03-15 DOI: 10.11130/jei.2023.38.1.1

Sungcheol Kim, Kyunghun Kim

引用次数: 0

Effects of the Tax Transition Reform on the Real Exchange Rate through the Trade Openness Channel in Developing Countries 发展中国家税收转轨改革对贸易开放渠道下实际汇率的影响

IF 1.2

Journal of Economic Integration Pub Date : 2023-03-15 DOI: 10.11130/jei.2023.38.1.115

S. Gnangnon

{"title":"Effects of the Tax Transition Reform on the Real Exchange Rate through the Trade Openness Channel in Developing Countries","authors":"S. Gnangnon","doi":"10.11130/jei.2023.38.1.115","DOIUrl":"https://doi.org/10.11130/jei.2023.38.1.115","url":null,"abstract":"International financial institutions have advised developing countries to implement a reform of their tax revenue structure to reduce their dependence on international trade tax revenue, for the benefit of domestic tax revenue. This study examines the effect of this type of tax reform on the real exchange rate through the trade openness channel. It defines tax reform (also known as \"tax transition reform\") as a process that involves the convergence of developing countries' tax structures toward the tax structure of developed countries (given the weak dependence of the latter's tax structure on international trade tax revenue). The analysis is conducted using an unbalanced panel dataset of 107 countries from 1980-2019, and the two-step system-generalized method of moments approach. The findings show that tax reform causes real exchange rate depreciation, with the magnitude of this effect being higher in developed countries than in developing countries. Furthermore, the real exchange rate depreciation effect of the tax reform is higher in countries with greater trade openness and a tax structure that is less dependent on international trade tax revenue.","PeriodicalId":45678,"journal":{"name":"Journal of Economic Integration","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2023-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41470429","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 Policy and African Participation in Global Value Chains: Does Trade Facilitation Matter? 贸易政策与非洲参与全球价值链：贸易便利化重要吗？

IF 1.2

Journal of Economic Integration Pub Date : 2023-03-15 DOI: 10.11130/jei.2023.38.1.59

Moukaila Mouzamilou Takpara, C. Djiogap, Bouraïma Sawadogo

引用次数: 0