Download or read book Intra Industry Trade written by P.K.M. Tharakan and published by Springer. This book was released on 1989-06-18 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text contains theoretical contributions and analysis by a group of leading economists who examine the changes that have taken place in the field of international trade in recent years and attempt to relate recent developments in intra-industry trade to conventional trade theory.

Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Download or read book Global Production written by Pol Antràs and published by Princeton University Press. This book was released on 2020-10-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and intermediary services. Many firms organize global production around offshoring parts, components, and services to producers in distant countries, and contracts are drawn up specific to the parties and distinct legal systems involved. Pol Antràs examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy. Antràs discusses the inevitable complications that develop in contract negotiation and execution. He provides a unified framework that sheds light on the factors helping global firms determine production locations and other organizational choices. Antràs also implements a series of systematic empirical tests, based on recent data from the U.S. Customs and Census Offices, which demonstrate the relevance of contractual factors in global production decisions. Using an integrated approach, Global Production is an excellent resource for researchers, graduate students, and advanced undergraduates interested in the inner workings of international economics and trade.

Download or read book Intra Industry Trade and Adjustment written by Robert C. Hine and published by Springer. This book was released on 2016-07-27 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers an authoritative overview of the topical issues surrounding intra-industry trade in Europe in the era of European economic integration. It brings together expert contributors from eight of the European Union member states. The theory of intra-industry trade is discussed and assessed through a comprehensive study of the patterns of trade in Europe and the individual member states over a thirty year period. This detailed empirical analysis allows conclusions to be drawn on issues including the impact of international trade on the domestic economy. The book arises from a major multinational programme co-ordinated from the University of Nottingham.

Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development

Download or read book The Regionalization of the World Economy written by Jeffrey A. Frankel and published by University of Chicago Press. This book was released on 2007-12-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

Download or read book Handbook of Regional Science written by Manfred M. Fischer and published by Springer. This book was released on 2013-09-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Regional Science is a multi-volume reference work providing a state-of-the-art knowledge on regional science composed by renowned scientists in the field. The Handbook is intended to serve the academic needs of graduate students, and junior and senior scientists in regional science and related fields, with an interest in studying local and regional socio-economic issues. The multi-volume handbook seeks to cover the field of regional science comprehensively, including areas such as regional housing and labor markets, regional economic growth, innovation and regional economic development, new and evolutionary economic geography, location and interaction, the environment and natural resources, spatial analysis and geo-computation as well as spatial statistics and econometrics.

Download or read book Multinational Firms in the World Economy written by Giorgio Barba Navaretti and published by Princeton University Press. This book was released on 2020-06-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, the debate on these companies and foreign direct investment is rarely grounded on sound economic arguments. This book brings clarity to the debate. With the contribution of other leading experts, Giorgio Barba Navaretti and Anthony Venables assess the determinants of multinationals' actions, investigating why their activity has expanded so rapidly, and why some countries have seen more such activity than others. They analyze their effects on countries that are recipients of inward investments, and on those countries that see multinational firms moving jobs abroad. The arguments are made using modern advances in economic analysis, a case study, and by drawing on the extensive empirical literature that assesses the determinants and consequences of activity by multinationals. The treatment is rigorous, yet accessible to all readers with a background in economics, whether students or professionals. Drawing out policy implications, the authors conclude that multinational enterprises are generally a force for the promotion of prosperity in the world economy.

Download or read book Does What You Export Matter written by Daniel Lederman and published by World Bank Publications. This book was released on 2012-06-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.

Download or read book Protection and Competition in International Trade written by Henryk Kierzkowski and published by Wiley-Blackwell. This book was released on 1987-01-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Empirical Studies of the Pattern of Bilateral Trade in the Asia Pacific Region written by Ahmad Fuad Rahmany and published by . This book was released on 1997 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation reports the results of three empirical studies concerning the pattern of bilateral trade among countries of East Asia and the Pacific Rim countries--the so-called 'Asia-Pacific' region. The first study tests several hypotheses concerning the determinants of bilateral intra-industry trade for a sample of 15 Asia-Pacific countries. It is concluded that similarity in relative factor endowments between two countries results in a higher share of intra-industry trade in the total bilateral trade (Sii) between them; however, that similarity in country size results in a lower Sii, which contradicts some findings of previous studies. Economies of scale were not found, while distance and tariffs were found to be significant determinants of intra-industry trade. The interesting result was that intra-industry trade appears to be characterized by vertically differentiated products, suggesting that the pattern of specialization was affected by the difference in technological capabilities between the developed and less developed countries in the region. The second study uses gravity-type models to make inferences about relative factor intensities of several manufacturing groups and to test the Linder hypothesis that the more similar the per capita incomes between two countries, the larger the trade in manufactured goods between them. It is found that for 1980-1993 there occurred no significant change in capital-labor intensities in the composition of the manufacturing sectors. This suggests that the relocation of manufacturing from developed to developing countries that occurred in search for low wage workers did not necessarily lead to less capital-intensive technologies. The Linder hypothesis was not found to be supported. The third study assesses the desirability of regionalization in the Asia-Pacific region. ASEAN was not, while APEC was found to be a natural trading bloc. This implies that geographical proximity between ASEAN countries is not sufficient to create a natural trading bloc. The strongest natural trading partners were found to be the East Asian countries and the U.S., suggesting that policies that exclude the U.S. from the East Asian trading bloc are welfare-worsening. The formation of a free trade area among a group of countries may result in a welfare gain if their ex-ante intra-bloc trade exceeds their external trade.

Download or read book Intra industry Trade written by Peter John Lloyd and published by Edward Elgar Publishing. This book was released on 2003 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.

Download or read book Sino Latin American Economic Relations written by K.C. Fung and published by Routledge. This book was released on 2012-01-30 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the economic and policy relationships between China and Latin America. Key issues covered by the contributors include international trade and direct investment, empirical analysis of the complementary and intra-industry trade nature of Latin American and Chinese trade, the comparison of the production and trade of parts and components in East Asia and in Latin America and an examination of policy issues such as policies towards small and medium sized enterprises as well as pension reforms.

Download or read book Trade and Industrial Development in East Asia written by Peter C. Y. Chow and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade as an engine of growth has played a catalyst role in East Asian development; through vigorous study of performances in past decades, East Asian trade and industrialization experiences may offer some lessons for other developing countries. This book covers trade and industrial structures for ten countries and regions including Japan, China, Hong Kong, Korea, Singapore, Taiwan, Indonesia, Malaysia, the Philippines and Thailand. The author addresses the comparative advantages and trade similarity indices of Asian economies from regional and global perspectives. He also analyzes the impacts of regional trade agreements from both member and non-member countries' perspectives. After a vigorous examination of the sources of export growth by the methodology of the constant market share analysis, the book examines the trade–investment nexus, the development of fragmentation of manufacturing production, and trade in parts and components as the dominant trade flows after the mid-1980s. It then studies the trade complementarity index among countries to further pursue the analysis of natural trading partners, and looks at the Krugman–Baldwin hub–spoke thesis by empirically identifying the 'degree of hub-ness' in three major markets in China, Japan, and the USA. Various scenarios of economic integration in East Asia are assessed and an open regionalism is proposed for East Asian economic integration and sustainable development in the conclusion of the book. Students and researchers of international trade, economic development, and Asian Studies will find the data and analyses in the volume invaluable in understanding the economic development of the Asia Pacific.

Download or read book Trade Strategy in East Asia written by Fithra Faisal Hastiadi and published by Springer. This book was released on 2016-04-08 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of regionalism is essential as it has become a vital trend with profound regional and global impacts. Japan, Korea and China are regarded as the key actors for such action in East Asia. While regionalization has created building blocks for economic integration, the act of exclusion from regionalism will only lead to marginalization. Therefore, it is important to learn how to make it work. This book analyzes the effect of China, Japan and Korea's trade strategy on ASEAN countries. As closer economic ties between countries in the area have expanded significantly in the last decade, economic regionalization in East Asia has proceeded in a much more dynamic fashion than regionalist projects. Hastiadi argues that regionalism in the form of Regional Trade Agreements (RTAs) is better than the present regionalization as it promotes sustainability in the future.

Download or read book Competing in a Global Economy written by Robert Ballance and published by Routledge. This book was released on 2003-08-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global patterns of production and trade in manufactures have changed tremendously over the past two decades. The growth of world trade has been accompanied by a rapid increase in the number of products, suppliers and buyers involved in international markets. At the same time, the means by which manufacturers compete and collaborate have been changing. The great challenges that these developments pose for policy makers and practitioners provide the basic motive for this comprehensive assessment of the underlying forces and determinants that are reshaping the world's industrial map. Based upon an empirical approach, the analysis is closely interwoven with key elements of economic theory. the Heckscher-Ohlin model provides the framework for most of the book's interpretation, but less formal models focusing on economies of scale, product differentiation and other aspects of imperfect competition also figure prominently. The extensive research with access to UNIDO's vast body of unpublished information and contributions from specialists, has resulted in a blend of theoretical and empirical material which yields new insights into the way firms and industries compete in international markets.

Download or read book Comparative Advantage in the Knowledge Economy written by Rajib Bhattacharyya and published by Emerald Group Publishing. This book was released on 2021-06-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparative Advantage in the Knowledge Economy: A National and Organizational Resource provides a comprehensive and insightful understanding of all the dimensions of a transition from a traditional to a knowledge economy.