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This paper estimates the welfare effects of service trade liberalization at the country-sector level. We build a panel dataset combining information on service trade restriction index and bilateral service trade flows for 45 countries and estimate the service trade elasticity for cross-country heterogeneity at short horizons. Findings suggest that countries with smaller service trade share have greater the service trade cost elasticity, and the service trade elasticity ranges from 0.11 to 12.61. Then, we develop the CP mode to quantify the welfare effects from service trade liberalization. This study finds a significant positive relationship between service trade and welfare. During the 2014 –2018 period, service trade liberalization improved global welfare by 1.01%. The empirical results indicate that service trade liberalization mainly improves welfare through productivity effect and scale effect, with the former effect having a greater impact than the latter. [ABSTRACT FROM AUTHOR]

Since the onset of the global financial crisis, trade protectionism has endured, with national security emerging as a prominent determinant of trade policy adjustments. This study seeks to investigate the intricate interplay between geopolitical risk and trade protectionism. To this end, the article formulates a trade protection network employing the geopolitical risk index in conjunction with trade protection data gathered from 26 countries. The objective is to scrutinize the impact of geopolitical considerations on trade protectionist measures. Our investigation reveals that the escalation of geopolitical risks amplifies the proclivity of nations to engage in trade interventions. As geopolitical uncertainties spread and disagreements arise among traditional trade partners, countries characterized by superior institutional quality, greater political system heterogeneity, and deeper reliance on foreign trade are increasingly inclined to institute trade restrictions as a safeguard for their industries in response to geopolitical tensions. In light of these findings, it is imperative for countries and regions to proactively respond to peer influence, enhance domestic monitoring capabilities, foster international collaboration, and collaboratively forge new frameworks governing international trade. [ABSTRACT FROM AUTHOR]

This study aims to examine whether aid for trade can help recipient countries improve their ability to meet the non-tariff measures imposed by trading partners and alleviate these measures' negative impacts on their exports. For this purpose, we examine the impacts of technical barriers to trade that raise special trade concerns (TBT-STC), aid for trade and their interactions on the manufacturing exports of aid-recipient countries. The main findings are that the highly restrictive TBT measures have seriously hindered the manufacturing exports of recipient countries; however, aid for trade not only directly promotes exports of recipient countries but also helps alleviate the negative impact of TBT-STC on their exports. This result provides empirical evidence to support the proposal. We attempt a more-detailed analysis to assess the heterogeneity of the above-mentioned mechanisms on countries' income levels and the types of aid for trade. [ABSTRACT FROM AUTHOR]

We assess a recent SEC initiative that suspends inactive shell companies from trading in over-the-counter (OTC) stock markets. Critics argue these suspensions do little to reduce fraud in OTC markets because they simply redirect fraudsters' efforts to other OTC targets. Building on research that finds regulatory intervention among exchange-listed firms often produces positive spillovers, we test whether shell company suspensions are associated with fraud deterrence among other OTC firms operating within the same regulatory jurisdiction as the suspended firm. We find that the SEC's shell company suspensions are associated with a significant reduction in fraud among peer firms, particularly over short horizons. We find that "reactive" trading suspensions—those that are an explicit response to alleged cases of wrongdoing—also have significant fraud deterrence effects. Overall, our results suggest that regulatory spillover effects previously documented in highly regulated markets also exist in a market characterized by relatively low regulation and disclosure. [ABSTRACT FROM AUTHOR]

In this paper, we study the effects of international regulatory divergence in non-tariff measures on the cross-border investment of multinational firms. We verify two main research hypotheses derived from the modified knowledge-capital model of the multinational enterprise. The first hypothesis postulates that when regulatory divergence with numerous regulatory measures in the destination emerges, trade cost also increases—stimulating horizontal multinational activity. The second hypothesis states that regulatory convergence could reduce the trade costs between the two trading partners, facilitating vertical multinational activity. To verify these hypotheses, we use firm-level data from the Orbis database for 2004–2020 and the Poisson pseudo-maximum likelihood (PPML) estimation technique. Our estimation results for the full sample of firms show that greater regulatory divergence is negatively associated with the extent of multinational activity. In addition, the convergence of technical barriers to trade seems more important than the convergence of sanitary and phytosanitary measures. Moreover, more productive firms can overcome problems associated with both technical barriers to trade and sanitary and phytosanitary distances. Finally, we find significant heterogeneity across sectors that varies according to technology intensity. [ABSTRACT FROM AUTHOR]

The low-carbon city pilot policy (LCCPP) is an important part of achieving "dual carbon" goals and promoting green technology innovation (GTI) in Chinese export enterprises. This study integrates Green Technical Barriers to Trade (GTBTs), LCCPP, and the GTI of exporting enterprises into a unified framework based on data from A-share market Chinese non-financial export enterprises from 2007 to 2021 and discusses how export enterprises should optimize green innovation resource structure with support from LCCPP to facilitate enterprise GTI when facing GTBTs. Several findings are uncovered: (1) GTBTs have a significant negative impact on the GTI of Chinese export enterprises, and the LCCPP significantly mitigates the negative impact of GTBTs on export enterprises' GTI. (2) After distinguishing the heterogeneous characteristics of export enterprises, the moderating effect of the LCCPP becomes even more pronounced in non-state-owned enterprises, general trade enterprises, and enterprises whose export destinations are high-income countries. (3) Further exploration of the moderating effect of the LCCPP with different policy instruments and intensities is needed. We found the best moderating effect on export enterprises' GTI under high policy intensity, and only market-based policy instruments had a significant moderating effect. These findings provide direction for policymakers expanding the pilot scope of low-carbon cities as well as theoretical support for realizing foreign trade growth for sustainable development. [ABSTRACT FROM AUTHOR]

Ireland has regulated for all packaged alcohol products to include a health warning that states that ‘there is a link between alcohol and fatal cancers’. This warning is being opposed in the World Trade Organization by 12 member states who are raising that the warning is an unnecessary barrier to trade. The World Health Organization is supporting Ireland. Countries should not oppose Ireland's warning which is defensible from legal and public health perspectives. [ABSTRACT FROM AUTHOR]

This paper derives a theoretical model of the impact of anti-dumping barriers on enterprise exports under the framework of heterogeneous firm trade theory and evaluates the trade-damaging effect of India's anti-dumping against China. The results show that the export volume and the number of export enterprises involved in anti-dumping cases show a downward trend after the anti-dumping is imposed. After controlling for heterogeneity, anti-dumping does not reduce the exports of incumbent enterprises. Anti-dumping mainly affects the exports of Chinese enterprises through the expansion margin, and has a small impact on the intensification margin. This research provides references for improving international trade development. [ABSTRACT FROM AUTHOR]

To what extent are personal trust, mutual interests, and third parties important in enforcing agreements to trade? How do firms combine these to form transactional-governance structures? This article answers these questions in a whole-economy, cross-country setting that considers a full spectrum of transactional-governance strategies. The data collection requires a new survey question answerable in any context. The question is applied in six South American countries using representative samples, with the resultant survey weights facilitating a whole-economy analysis. Without imposing an a priori model, latent class analysis estimates meaningful governance structures. Bilateralism is always used. Law is never used alone. Bilateralism and formal institutions are rarely substitutes. Within country, inter-regional variation in governance is greater than inter-country variation. The usefulness of the data is shown by testing one element of Williamson's discriminating-alignment agenda: greater uncertainty in the transactional environment increases the involvement of third parties. [ABSTRACT FROM AUTHOR]

The rise of big data in the global economy has altered the ways in which firms do international business. The digital revolution has also changed how international business is regulated. Personal information protection is one of the new challenging regulatory issues. In this study, we build a framework to discuss how data privacy regulation affects cross-border e-commerce. We show that data privacy regulation has four effects: the web traffic effect, the data collection effect, the advertising effect and the data sharing effect, all of which negatively affect cross-border e-commerce. We also demonstrate the heterogenous effects of data privacy regulation. Specifically, we argue that data privacy regulation has a stronger cross-border e-commerce reduction effect on countries with higher labor cost and marketing cost, and data privacy regulation has a larger negative effect on cross-border e-commerce for differentiated products than homogenous products. By empirically testing the impact of General Data Protection Regulation on cross-border e-commerce between 183 countries and European Union countries from 2015 to 2020, we confirm all the proposed hypotheses. There are few studies exploring specifically how data privacy regulation affects cross-border e-commerce. We contribute to the literatures by filling this gap. Our research results provide new insights for multinational companies and public policymakers on this globally important issue in the digital age. [ABSTRACT FROM AUTHOR]

As trade volume has exponentially increased over the past decades, we investigated the impact of free trade on relative poverty using data from 123 countries between 1995 and 2018. In this investigation, we used three variables for free trade, reflecting three aspects of free trade, trade openness, trade barrier or trade freedom, and trade policy, and two variables for relative poverty; the income share of the bottom 10% and the bottom 20%. When economic growth, polity and socioeconomic factors are controlled for, we found that (1) trade openness hurts the poor, increasing relative poverty regardless of industrialization, (2) trade freedom benefits the poor, decreasing relative poverty although the poor in industrial countries are hurt by trade freedom, and (3) WTO membership as a proxy for a trade policy is not statistically significant to the poor, although it seems beneficial to the poor. Given these results, we conclude that free trade lowers relative poverty, implying that the income shares of the bottoms 10% and 20% can increase more than by 0.9%p and 1.5%p, respectively, as free trade is promoted. [ABSTRACT FROM AUTHOR]

This paper investigates the resources and capabilities that determine firm-level adjustments after a sudden unexpected closure of a major export market. We focus on the effects of the 2014 Russian embargo on Western food exporters using the example of Estonian firms. The paper applies a novel multimethod approach consisting of Study I quantifying the embargo effect on the trade diversion of firms that had exported embargoed goods to Russia, and Study II conducting a multiple case study into three dairy exporters highly affected by the embargo. Study I employs a difference-in-difference model with matched exporters of embargoed goods as treatment. Study II builds on extensive document analysis that serves as input for interviews with the CEOs of the sample dairy firms. We find that pre-shock productivity is on average a good predictor of post-shock firm trade diversion (Study I), however, we specify that the key firm-level resources and capabilities necessary for successful post-shock adjustments might not be reflected in the standard quantitative productivity level measures (Study II). We conclude that key firm-level resources and capabilities for embargo-resilience are the quality of exporting experience, competitive product-market matching, absorptive capacity, and managerial vision and empowerment. [ABSTRACT FROM AUTHOR]

In the context of the global push towards a green economy, this research investigates the impact of green trade barriers on the export trade volume of Chinese photovoltaic products to ASEAN from 2010 to 2021. The strong evidence indicates that green trade barriers have a positive effect on improving the export trade volume of Chinese photovoltaic products to ASEAN. This conclusion remains robust through multiple robustness tests, including excluding data from pandemic-affected years and the only developed country Singapore. Moreover, the impact of green trade barriers varies with exchange rate levels and language environments. In countries with higher exchange rates and countries with different official languages, the positive effect of green trade barriers on trade is more significant. In contrast, in countries with the same official language, green trade barriers have a negative effect on improving the trade volume. Additionally, higher levels of renewable energy consumption diminish the beneficial effect of TBT on photovoltaic trade, and CO2 emissions lessen the detrimental effect of TBT on photovoltaic trade. The findings provide valuable insights for policymakers, suggesting that align with international standards, provide differentiated technical assistance and adopt transparent trade rules when formulating green trade barriers to better support the competitiveness and export growth of Chinese photovoltaic products in the international market. [ABSTRACT FROM AUTHOR]

Many shark species have been overexploited for international markets, including fins for shark fin soup in Southeast Asia. Previous studies highlighted the value of large, threatened shark species, regulated under CITES Appendix II. However, sampling biases may have overlooked small shark species. Here, we address this by identifying species from ~4000 small shark fins in Hong Kong. These fins included species not recorded in previous surveys, raising the market's species diversity to 106. Nearly 75% of the small fins came from small shark species and 58.1% of small species were threatened with extinction. We identified an important CITES listing gap: Trade in 19 small, threatened species, especially from the family Triakidae, is unregulated. In addition, a quarter of small fins come from large sharks, indicating that substantial exploitation of juveniles is occurring and may be affecting fisheries sustainability. Enhanced surveillance of small shark fin trade is essential to ensure effective conservation under emerging trade regulations. [ABSTRACT FROM AUTHOR]

Silicon carbide (SiC) is a niche nonmetallic material that is essential in many industrial processes. Here, we integrate material flow analysis and supply chain resilience analysis to understand global SiC stocks and flows and to assess its supply chain. We use industry interviews to fill data gaps and collect information on the SiC system to overcome data scarcity. We find that globally around 1000 kt of SiC is produced each year. The biggest use of SiC is the abrasives industry (40%), followed by metallurgy (28%), refractories (20%), technical ceramics (0.7%), other uses (0.7%), and semiconductors (0.01%). As an energy‐intensive material, the SiC supply chain is under pressure, increasing the relevance of resilience considerations. Besides typical supply chain risks such as low diversity of supply and geopolitical trade restrictions, SiC particularly faces risks due to its energy‐intensive production process and associated emissions. In the SiC semiconductor supply chain, losses of nearly 75% are a particular issue. Due to high demand in the SiC market, stockpiles are negligible, and substitution is difficult in most sectors. We find that in the case of SiC, sustainability measures such as use reduction, recycling, or decreasing energy use or emissions would also positively contribute to supply chain resilience. This article met the requirements for a gold‐gold JIE data openness badge described at http://jie.click/badges. [ABSTRACT FROM AUTHOR]

Non-Tariff Barriers (NTBs) are known to exist in various forms. In this study, we investigate the role of Red-Tape Barriers (RTBs), a type of NTBs resulting from wasteful bureaucratic procedures, in a bilateral trade model under international oligopolistic competition. We demonstrate that, under relatively weak conditions, RTBs can arise endogenously. Furthermore, we reveal that RTBs can exhibit reactions opposite to tariffs. Specifically, we show that an increase in tariffs can lead to a significant decrease in RTBs, causing total trade costs to decline, which we call 'backlash'. Additionally, when the backlash occurs, an increase in tariffs can improve consumer surplus, government revenue and expenditure, and social surplus. This study implies that tariff elimination, with the presence of RTBs, may hinder trade liberalization and reduce social surplus, emphasizing the need to carefully consider RTBs' effects in trade policy, especially for oligopolistic industries. [ABSTRACT FROM AUTHOR]

Increasing social, economic, and political pressure causes many companies to pledge to decarbonize. A common measure involves the use of Energy Attribute Certificates (EAC), such as the European Guarantees of Origin (GO), to reduce emissions from electricity procurement (Scope 2). However, previous studies find no effect on additional renewable energy capacity. Focusing on Norway and Germany as dominant contributors to net GO exports and imports, this study examines the GO trade alongside corporate carbon accounting data to answer the research question: Does the decarbonization of corporate electricity procurement using Guarantees of Origin contribute to the expansion of renewable electricity generation capacity in Norway and Germany? The analysis of CDP and Association of Issuing Bodies data reveals Norway's consumption mix is more carbon intensive than Germany's because Norway exports GO and imports fossil electricity attributes. German companies report predominantly market‐based approach, mainly using green tariffs and GO for zero emission claims, while Norwegian companies favor the location‐based approach. The largest share of GO issued in Norway comes from hydropower plants aged 41 to 70 years. The results highlight the urgency to revise corporate carbon accounting standards. GO lack additionality due to double counting of renewable attributes. Potential solutions include additionality criteria, GO trade restrictions based on physical capacities, and age limits for eligible power plants. This study's novelty is linking CDP data with GO trade, to assess the integrity of corporate decarbonization strategies. It contributes valuable insights to ongoing discourse on the role of EAC. [ABSTRACT FROM AUTHOR]

The global pet trade in invertebrates remains poorly understood and underrepresented in policy and research. Tarantulas are a highly traded invertebrate group. Many individuals in trade are wild caught, and trade regulation is often lacking, raising concerns about the effect of trade on local ecosystems and populations. We addressed local concerns surrounding the international trade of Tapinauchenius rasti (Caribbean diamond tarantula), which is endemic to Saint Vincent and the Grenadines. We assessed the extinction risks associated with this widely traded species by analyzing supply of and demand for the species with the COM‐B (capability, opportunity, motivation, behavior) model. This model breaks down decision‐making into capability, opportunity, and motivation. We interviewed stakeholders throughout the supply chain and analyzed content of an online hobbyist forum and a time series of prices for this species and other tarantulas. In terms of motivation, there was limited preference for the Caribbean diamond tarantula due to its morphology and behavior. In terms of opportunity, the species was readily available, primarily through captive breeding. Collecting wild specimens is challenging due to enforcement measures and logistical difficulties, making it an unprofitable endeavor. In terms of capability, the species was relatively low in price, likely because it is easy to breed in captivity. As a result, the current wildlife trade does not pose a significant threat to the Caribbean diamond tarantula. Our methodology can serve as a valuable tool for assessing potential threats posed by trade to other spider species and possibly other invertebrates. Understanding these threats is crucial for promoting responsible and sustainable trade practices that minimize risks to wild populations while ensuring equitable benefits for communities coexisting with wildlife. [ABSTRACT FROM AUTHOR]

Illegal poaching and overexploitation for the international pet trade are among the greatest threats to freshwater turtles in Southeast Asia. Expanding consumer research in China is crucial to filling knowledge gaps about the scale and structure of illegal trade and developing audience‐targeted and relevant interventions that may reduce demand for illegal turtles as pets. We applied mixed methods to provide a detailed understanding of the consumer side of the illegal pet turtle trade in China. We conducted 30 interviews with key stakeholders and online surveys (n = 2456) of turtle keepers via community forums. From these, we identified 3 core consumer groups based on their prior turtle‐keeping experience, species exposure, and potential for future purchases. We conducted a thematic qualitative analysis of concepts related to the capability, opportunity, motivation, and behavior (COM‐B) model to determine the factors influencing the illegal pet turtle trade and to identify barriers to illegal purchases. Specifically, we identified purchasers' capabilities, opportunities, and motivations in the context of legality, enforcement risk, captive breeding, and impacts on wild population. We developed consumer journey maps (i.e., visual representations of customer's experiences throughout their buying journey) for core consumer groups. These maps illustrate the sequential behaviors and processes that consumers undertake when purchasing turtles, from initial exposure to sourcing, keeping, and providing a new home. Key factors influencing illegal purchases included convenient purchase channels, misguided cognition and motivations for pet keeping, and weak law enforcement. Effective interventions included messages focusing on shifting cognition and beliefs, increasing legal risk perception, and emphasizing stringent law enforcement, primarily delivered through online channels. Our results underscore the necessity for adaptable, audience‐tailored interventions to reduce consumer demand for illegal wildlife products. The mixed‐methods approach, combining quantitative and qualitative data, provided a comprehensive understanding of the target behavior and can inform the development of effective intervention strategies. [ABSTRACT FROM AUTHOR]

This document emphasizes the importance of including fungi in wildlife trade research and policy. Fungi play a vital role in ecosystem functions and provide medicines and food globally. However, fungi have been neglected in research, leaving species vulnerable to exploitation. The document proposes a research agenda to improve the conservation status of traded species, including studying the ecological impacts of fungi harvesting, exploring the potential of wild fungi for food security, and addressing the impacts of illegal trade. It also highlights the need for local collaboration, initiatives to reduce wild harvesting, and integrating fungi into conservation policies. Overall, the document stresses the urgent need to protect biodiversity and the communities that depend on fungi. [Extracted from the article]

Environmental regulations restricting the use of a natural resource or species often have unintended consequences. One example is prohibitions on the international trade in culturally important endangered wildlife. Trade restrictions may artificially increase scarcity and, consequently, value. In China, international trade restrictions may trigger bouts of speculative investment that have the opposite effect of the restrictions' intent. We examined how China's speculative economy and cultural history have together led to unintended consequences when regulating wildlife trade. In China, wildlife markets occupy a legal gray area that can make regulations ineffectual or even counterproductive. In extreme cases, prohibiting trade can provoke market booms. Further unintended consequences include potential cultural backlash. In China and across the Global South, international trade restrictions are sometimes considered a continuation of a longstanding history of Western intervention and thus may not be enforced as strongly or may generate resentment. This pushback has contributed to rising calls to decolonialize conservation and may lead to growing alliances between China and other Global South countries when negotiating international wildlife trade restrictions in the future. [ABSTRACT FROM AUTHOR]

Marine elapid snakes are a diverse, predominantly Indo‐West Pacific species group. The persistent removal of some species has an unquantified but potentially dire impact on populations. We conducted the first comprehensive review of the trade in marine elapid snakes based on published literature (1974–2022) and trade data from the only species (i.e., Hydrophis [Lapemis] curtus) whose trade is monitored internationally. Some species and populations were subjected to targeted harvest for their meat and skins for at least the last century; fisheries are possibly the most significant threat to populations of marine elapids, with the highest numbers being exploited either accidentally, incidentally, or opportunistically in Southeast Asian fisheries targeting other seafood, including demersal trawl and squid fisheries. Southeast Asia is the core region for exploitation of marine elapids. Annual offtake is >225,000 individuals of at least 8 species in the Gulf of Thailand. Of 72 recognized marine elapids (all non‐CITES [Convention on International Trade in Endangered Species of Wild Fauna and Flora] species), Hydrophis curtus and Hydrophis cyanocinctus dominate the skin trade. Skins of H. curtus are traded mainly in East and Southeast Asia and, to some extent, Europe. Despite some baseline information on the trade of these species, the sustainability of their harvests, particularly in the context of the burgeoning and unmanaged nature of fisheries in the region, remains the major challenge. In an era of declining fish stocks, there has been an increasing trend to commercialize the harvest and use marine elapids that were once considered accidental bycatch and discarded. This trend will continue to pose a significant risk to these snakes unless appropriate fisheries and trade regulations are enforced. Applying the precautionary principle to prevent the overexploitation of sea snakes is an indispensable measure in which trade in regional populations should be regulated through CITES. Accordingly, management plans to identify core distribution regions of exploited species would be crucial for assigning national responsibilities to sustain species and populations in the long term. [ABSTRACT FROM AUTHOR]

From a global perspective, economic and trade disputes between countries are gradually increasing. Under the influence of the COVID-19 epidemic and war, the competition among the countries has become more intense. Lower trade barrier for economic cooperation or trade protection is becoming a concerned topic for governments and researchers around the world. This study uses the IT investment data from Chinese manufacturing enterprises from 2015 to 2022 to test the impact of international competition on technological development under environmental heterogeneity. The research results show that the external environment has an important impact on the technology performance of enterprises. After the COVID-19 epidemic, the IT investment performance of enterprises shows a "productivity paradox" situation. Further research shows that reducing tariffs and introducing international competition will be conducive to the development and utilization of IT by enterprises, which is supported in different market environments. This study verified that lowering trade barriers and introducing international competition to achieve win–win cooperation is still an important method for economic and firm development. [ABSTRACT FROM AUTHOR]

We use Bayesian model averaging techniques to assess the role of different types of structural and institutional variables and their interaction with specific characteristics of the economy, as determinants of employment dynamics for 30 economies in Europe and Central Asia. We find that, once short‐run dynamics are controlled for, common structural determinants for the employment rate emerge, including tax rates, human capital, availability of technology, labour market regulation and trade openness. The results show that the effect of labour market regulation on employment outcomes is affected by other characteristics, such as trade openness. Focusing on the trade–labour link, we find that labour market reforms toward a more flexible labour market have a positive impact on employment ratios, and this effect is stronger for economies characterised by relatively low level of trade barriers. In addition, the positive employment effects from labour market regulation reforms are stronger; the less flexible is the initial labour market regulatory framework. These findings bring important policy insights related to the employment potential of further structural reforms and trade integration for the countries in the region. [ABSTRACT FROM AUTHOR]

The Asian Journal of Agriculture & Development reflects on its first twenty years of operation, highlighting the importance of agriculture in Asian economies. The journal evolved from focusing on developmental and policy-related research to including basic technological research for modernization. Articles in the 20th-anniversary issue cover topics such as rice policies, agricultural contracts, world rice markets, urban agriculture, youth involvement in agriculture, technology readiness, and flood damage resilience. The journal aims to continue expanding its reach to gather diverse perspectives on agriculture and rural development in Asia and beyond. [Extracted from the article]

Copyright of Investigación Económica is the property of Universidad Nacional Autonoma de Mexico, Facultad de Economia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The photovoltaic (PV) industry experienced a drastic overcapacity, leading to heightened market competition in 2009. After the overcapacity, the EU and the USA initiated trade barriers targeting Chinese PV goods in 2011, stimulating China to seek alternative markets. In 2013, China announced the Belt and Road Initiative (BRI). Although the BRI is a framework of international cooperation instead of a specific strategy that aims at PV industry, its role in helping Chinese PV firms deal with the trade sanction should be addressed. Based on the data from Chinese Custom Trade Statistics spanning 2009 to 2016, this paper precisely quantifies the extent of PV trade deflection from China to BRI markets that can be ascribed to the BRI effects. Employing spatial analysis, we manifest the trade deflection on maps. Moreover, we adopt the linear probability models and panel logit models to investigate the impact of BRI on China's PV export expansion. The results show that BRI markets provide a buffer area for Chinese PV enterprises to alleviate their loss caused by trade sanctions. The BRI facilitated 4751 million more PV products conveyed from China to BRI markets from 2013 to 2016, occupying about 33.25% of the total export from China to BRI markets. Chinese PV firms prefer to explore the BRI markets than the rest of the world. Compared to state-owned enterprises (SOEs), non-SOEs are more active in entering BRI countries. However, no significant difference had been detected in BRI effects on SOEs and non-SOEs. It was noted that a robust local industrial basement related to the PV industry can potentially ease firms' transition to BRI markets. Comparatively, firms situated in central China have benefited more from the BRI than their counterparts in the coastal and western regions. Furthermore, the BRI encourages Chinese PV enterprises to venture into countries with low economic complexity. This paper provides novel insights into BRI by validating BRI's effects on Chinese PV firms' export expansion. On the one hand, unlike previous BRI research that rarely considers the unstable external environment, we validate that the BRI can provide a spare market for China when it competes with developed countries. On the other hand, by investigating the roles of firms, regions and destinations, our results are enlightening for renewable energy industrial and trade policymakers. [ABSTRACT FROM AUTHOR]

This text explores the implications of China's rise to global power status on international distributive justice. It argues that the traditional categorization of states into developed and developing countries is no longer sufficient, and proposes a more nuanced approach based on a state's capacity to achieve a minimally decent standard of justice. The text discusses China's responsibilities towards least-developed countries and explores practical and theoretical implications in areas such as trade restrictions and agricultural subsidies. It also discusses the concept of state capacity and its relationship to the realization of Minimum Domestic Social Justice (MDSJ), categorizing states into three groups based on their capacity. The text concludes that capacity improvements are necessary for the realization of MDSJ and proposes a tripartite framework for understanding states in the international order. [Extracted from the article]

Copyright of Relaciones Internacionales (1699-3950) is the property of Autonomous University of Madrid, Spain, International Relations Studies Group (GERI) Law Faculty and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: This study aims to investigate the factors influencing the citrus trade in Indonesia, the effects of tariff and non-tariff policies on the industry and the welfare of producers and consumers. Design/methodology/approach: The research used annual series data from 1991 to 2021 and employed inferential, simulation, and descriptive analyses. The two-stage least squares (2SLS) of 19 simultaneous equations were used to estimate parameters. Findings: The results indicate that free trade policies and restrictions have influenced the citrus industry, leading to a reduction in Indonesian citrus imports, and increased consumer and producer prices. However, eliminating import tariff policies on citrus from China and import restrictions increased producer surplus while decreasing consumer surplus, government revenue, and total welfare. Therefore, trade policies should be combined with non-trade policies such as citrus region development policies and advancing cultivation technology. Originality/value: This study provides empirical evidence for the Indonesian government to formulate effective citrus trade and development policies. It emphasizes the importance of carefully considering the impact of trade policy on the citrus industry and the need to implement non-trade policies such as citrus zone development policies and advancing cultivation technology to benefit both producers and consumers. Peer review: The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2023-0148 [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Global foreign direct investment (FDI) has been declining both in absolute terms and as a share of world GDP due to various factors such as changes in industrial organization, rising trade barriers, and a decrease in M&A activity. While greenfield FDI projects have shown a positive trend in recent years, with investments shifting away from China to other Asian economies and the US, the overall impact on growth remains uncertain. The slowdown in FDI is seen as a sign of 'slowbalisation,' indicating a shift from rapid globalization to a more subdued global economic environment. [Extracted from the article]

The article discusses the current state of business investment in the UK, highlighting factors such as weak post-pandemic recovery, financial constraints, and fragile corporate sentiment. It mentions the impact of rising debt servicing costs, low levels of investment in buildings, and the role of government policies in influencing investment decisions. Despite expectations of a gradual recovery in business investment, the UK still lags behind peers like the US, indicating ongoing challenges in productivity and economic performance. [Extracted from the article]

Hamilton's 1791 state paper on manufactures is a forward-looking argument for US industrialization supported by public policies designed to encourage it. Conventional wisdom circa 1790, along with static considerations of comparative advantage indicated that the United States should stick to farming, export its agricultural surpluses, and import European manufactures. Mercantilist trade policies of the major European empires, however, were barriers to US exports. Hamilton therefore contended that US manufacturing using the latest machine technologies would alleviate the effects of European trade restrictions by creating domestic demand for agricultural surpluses. His report specifies industries worthy of support, and policy measures to encourage their development. During the century that followed, US governments adopted nearly all of Hamilton's recommendations. These measures contributed to an average annual rate of growth of industrial output of 5 percent during that century, helping the United States to become the world's leading manufacturing nation. [ABSTRACT FROM AUTHOR]

India, the world's leading rice exporter, banned the export of non-Basmati white rice, accounting for 25% of its total exports (or 10% of the global rice trade). The ban aims to ensure availability to domestic Indian consumers and reduce domestic market prices, impacting global rice market accessibility, consumers, and producers across twelve regions. The study utilized the global simulation model (GSIM) to analyze the effects of trade restrictions on industries. The model uses national product differentiation to assess trade policy changes at global, regional, or national scales. It examined importer and exporter effects on trade values, tariff revenues, exporter surplus, and importer surplus. It found that India's Voluntary Export Restraint (VER) ban on non-Basmati rice resulted in a higher local price and a negative global net welfare impact of USD 1.7 billion. The losses decreased to USD 1.4 billion when importing countries responded by reducing rice import tariffs by 25% and USD 1.1 billion when importing countries reduced tariffs by 75%. Sub-Saharan Africa, the Middle East, North Africa, and the Gulf Cooperation Council regions were most affected. The study also found minimal impact on consumer surplus in India due to inelastic rice demand. [ABSTRACT FROM AUTHOR]

The capability of large food retail chains to respond quickly to changes in consumer behaviour and their dominant market position affects all food market players and often conflicts with the interests of national food producers, which can reduce the presence of locally sourced products in the food product mix in the country. Accordingly, the present research aims to identify the impacts of the diversification of opening hours of food supermarkets on consumer shopping habits and the implications for creating an advantage for small and medium agri-food producers in selling their products. The research applied a quantitative approach to identify the main trends in society (n = 2738), with a survey including 31 variables to quantify consumer behaviour, values, and opinions and seven socio-demographic variables. If a decision was made in Latvia to close grocery shops on Sundays or reduce their opening hours on weekends, 85% of consumers indicated that they would be unlikely to change their usual shopping location and would plan to shop at a supermarket on other days. The choice between farmers' markets and local food shops on Sundays would be made by 45% of consumers, with more than half (53%) of them shopping at local food shops at least a few times a month. The research uniquely investigated the impact of reducing supermarket opening hours on the competitive advantage of small and medium-sized agri-food producers. The findings revealed that reducing supermarket opening hours does not confer a competitive advantage to the producers or significantly shift consumer preferences towards their products. [ABSTRACT FROM AUTHOR]

This article examines the factors that contribute to the size of governments in different countries. It discusses Wagner's law and the resource curse as explanations for large government size and categorizes countries based on their government size. The article explores the relationship between government size and economic performance, political institutions, and natural resources. It concludes that most countries with large governments can be explained by Wagner's law or the resource curse, while the remaining countries are ruled by autocratic governments with left-wing or incoherent political ideologies. The article also provides a table with characteristics of countries with large governments, but does not offer a roadmap for reducing government size. The author acknowledges uncertainties in reducing government size and provides rough estimates for figures. [Extracted from the article]

This paper views China Production Network (CPN) as an integral component of the Global Production Network (GPN) and constructs null model (GIVCBN-I model) and the counterfactual model (GIVCBN-II or GIVCBN-III model) to identify and measure the potential industrial relocation risk exposure of CPN based on the Multi-Regional Input-Output (MRIO) table. The main findings are as follows. Firstly, Altasia will induce more of China's industrial and supply chains to break compared with ASEAN, which also means that strong industrial complementarity exists between Japan, South Korea, India, Bangladesh and the ASEAN member countries, enabling Altasia to have a more significant substitution effect on China. Secondly, the counterfactual models' network-level characteristic indicators are worse than those of the null model in economic terms, suggesting that removing trade barriers for intermediate goods within Altasia could lead to the decoupling of industrial sectors in the CPN, thereby accelerating the trend of China's industrial and supply chains relocating offshore. Thirdly, according to the comparison results of node-level characteristic indicators, Altasia has weakened China's influence scope, profitability, and robustness of risk within the global industrial and supply chains, but mainly concentrating on its resource-intensive and labor-intensive sectors rather than capital-intensive and technology-intensive sectors, which indicates that some China's industrial sectors still maintain substantial competitive advantages in the GPN. In sum, this paper provides theoretical guidance for identifying and analyzing the trends of industrial relocation in the Asia-Pacific region and helps industrial policymakers deepen the understanding of regional economic integration and its impact. [ABSTRACT FROM AUTHOR]