28 results on '"trade intensity index"'
Search Results
2. The impact of gross domestic product, exchange rates and ACFTA implementation on Indonesia’s trade intensity index
- Author
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Dyah Titis Kusuma Wardani, Adinda Salshabilla Zhauza Huda, Susilo Nur Aji Cokro Darsono, and Jarita Duasa
- Subjects
trade intensity index ,gdp ,exchange rate ,acfta ,Economic theory. Demography ,HB1-3840 - Abstract
The ASEAN-China Free Trade Area (ACFTA) represents a critical agreement between ASEAN member countries and China, aimed at fostering economic integration by eliminating or reducing trade barriers, enhancing service market access, refining investment regulations, and bolstering economic cooperation. This framework is designed to strengthen economic ties and enhance welfare across the involved nations. This study evaluates the impact of the ACFTA on trade dynamics by analyzing the Trade Intensity Index (TII), GDP, exchange rates, and a dummy variable representing the ACFTA's implementation. Utilizing annual data from 2001 to 2021, sourced from the UN-Comtrade Database and the World Bank, the research employs the Ordinary Least Squares (OLS) method to provide insights into the trade relationships under the ACFTA framework. The findings indicate a divergent impact, while Indonesia experiences a negative and significant influence from GDP, exchange rates, and ACFTA implementation, the ASEAN-6 countries display a positive and significant effect. Moreover, the study reveals that Indonesia's Trade Intensity Index with other ACFTA members is comparatively lower than Malaysia’s. This suggests a need for targeted trade policies in Indonesia aimed at amplifying export volumes in sectors where it holds a comparative advantage. Such strategies could significantly enhance Indonesia's trade intensity within the ACFTA, fostering greater economic integration and benefits under this expansive regional trade agreement.
- Published
- 2024
- Full Text
- View/download PDF
3. Analysing India's Export Competitiveness in Gems and Jewellery Sector
- Author
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Gera, Navneet and Rohatgi, Swati
- Published
- 2023
- Full Text
- View/download PDF
4. 中国与加勒比国家贸易格局演变 及影响因素分析.
- Author
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牛雪利, 陈 瑛, and 巴士奇
- Subjects
- *
TECHNOLOGICAL innovations , *MARKET volatility , *EXPORT marketing , *ENDOWMENTS , *IMPORTS , *COUNTRIES , *CLOTHING industry , *TEXTILE industry - Abstract
Using the trade intensity index, the HM index and the Geodetector to analyze the evolution and influencing factors of the trade pattern between China and the Caribbean countries from 2008 to 2019. The research finds:① The total import and export trade between China and the Caribbean countries has grown rapidly, showing a trend of volatility; ② There are significant spatial differences in trade cooperation between China and Caribbean countries, which are mainly concentrated in large countries such as Mexico and Colombia;③ The trade ties between China and Caribbean countries are relatively low, but the trade relations are developing in a closer direction; ④ China mainly imports primary products such as mineral products in the Caribbean countries, and exports technology-intensive and labor-intensive products such as machinery and equipment, textiles and clothing; ⑤ The dependence of Caribbean countries' commodity exports on the Chinese market is significantly higher than the dependence of China's commodity exports on Caribbean countries, showing an asymmetrical Structure; ⑥ Economy development, resources endowment, infrastructure conditions and technological innovation levels have become important factors affecting China and Caribbean countries trade. The explanatory power of dual-factor interactive detection is higher than single-factor detection, including two types of "non-linear enhancement" and "two-factor enhancement", and "Two-factor enhancement" dominates. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
5. 中国手机出口的时空格局演变及其影响因素.
- Author
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徐婧雅 and 宋周莺
- Abstract
In recent years, China's position in the global mobile phone production network has been rising, gradually becoming the world's largest exporter of mobile phones. At the same time, with the gradual saturation of China's domestic mobile phone market, more and more manufacturers pay attention to the development of overseas markets. Through the research methods of trade flow, trade intensity index and panel data model, this paper analyzed the evolution of China's mobile phone export pattern and its influencing factors since 2007. The study found that: (1) Since 2007, China's mobile phone export has experienced three stages of slow growth, rapid growth and fluctuating growth, and its global share has been increasing. However, due to the impact of trade protectionism and COVID-19, China's mobile phone export has been shrinking since 2018. (2) The network density of China's mobile phone export continues to increase, showing a three pole pattern with East Asia, the United States and the European Union as the core; However, the concentration of mobile phone export trade network is high, and there are some security risks. (3) There is a spatial dislocation between the core node of China's mobile phone export trade network and the regions with high trade intensity index. The EU is the largest market, but the trade intensity index is not high. Africa has a small market share, but the trade intensity index is very high. ASEAN is not only the main market for China's mobile phone export, but also the region with high export dependence. (4) The main factors affecting China's mobile phone export pattern are the existing mobile phone trade pattern and political stability, followed by geographical distance, destination market scale and other factors, while China's foreign direct investment, cultural distance, business environment, technical barriers to trade and other factors have less impact. The main factors affecting China's mobile phone export pattern are the manufacturing labor price and R&D expenditure on the supply side, followed by the institutional quality and market size on the demand side, while the circulation factors have less impact. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
6. Indo-China Trade Relationship in Last Quarter Century: An Empirical Analysis
- Author
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Kumar, Bijoy
- Published
- 2022
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7. Impact of the Free Trade Agreement on the Foreign Trade of Georgia with GUAM Countries
- Author
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Dyuzheva, Nataliya V., Shiolashvili, Giorgy, Kacprzyk, Janusz, Series Editor, Gomide, Fernando, Advisory Editor, Kaynak, Okyay, Advisory Editor, Liu, Derong, Advisory Editor, Pedrycz, Witold, Advisory Editor, Polycarpou, Marios M., Advisory Editor, Rudas, Imre J., Advisory Editor, Wang, Jun, Advisory Editor, Popkova, Elena G., editor, and Sergi, Bruno S., editor
- Published
- 2021
- Full Text
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8. The U.S. and China in India’s Foreign Economic Policy: In Quest of Balance for Maintaining Strategic Autonomy
- Author
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Natalia Valerievna Galistcheva and Elena Vakhtangovna Nebolsina
- Subjects
india ,u.s ,china ,indo-pacific region ,trade and economic cooperation ,investment ,d. trump ,n. modi ,trade intensity index ,grubel-lloyd index ,International relations ,JZ2-6530 ,Political science (General) ,JA1-92 - Abstract
The paper investigates trade and investment relations between India and its two major trading partners, viz. the U.S. and China in the 2000-2010s. On the basis of mixed method research with equal use of quantitative and qualitative, as well as historical and statistical methods, the authors estimate the possibilities for expanding interstate interactions and the difficulties the countries might face. By comparing the scale and particulars of the product structure of Indo-American and Indo-Chinese trade, the authors reveal that intra-industry trade between India and the United States is at a fairly high level, which, in turn, is not typical for the trade between India and China, which is mostly inter-industry due to the sluggish cooperation of Indian and Chinese entrepreneurs. The authors assess the intensity of the Indo-American and Indo-Chinese bilateral trade between 2000-2018 by means of indices of intensity of Indias exports and imports to / from the USA and China, as well as indices of intensity of exports and imports of its partners to / from India. The obtained results outline the upward trend of the share of Indian exports to the U.S. relative to other countries, which indicates that India is successfully conquering the U.S. market, and Indian goods are becoming increasingly competitive. Meanwhile, the volume of Indian-Chinese trade remains on a much lower level than it could be expected with the current share of India in the world trade. In the meantime, neither for the United States nor for China, India is a dominant partner. The article also investigates major obstacles hindering the development of both Indo-American and Indo-Chinese bilateral relations. The obtained results enable the authors to predict that in the short- and mid-term economic cooperation between India and its leading partners is likely to strengthen, with India keeping striving for standing neuter while building the two most crucial vectors of its foreign economic policy.
- Published
- 2021
- Full Text
- View/download PDF
9. Trade Flow among Association of South-East Asian Nations (ASEAN) Countries: A Trade Intensity Approach.
- Author
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Ravinder, Poonam, and Saini, Vijender Pal
- Subjects
INTERNATIONAL trade ,BILATERAL trade ,COUNTRIES ,REGIONAL differences ,TRADE associations - Abstract
This paper features the integration of trade among five founding member countries of ASEAN during the period 2001-2019. To measure the trade relations between two countries, a variety of statistical indicators are available, but in this paper trade intensity index is applied. As a general rule, when a country's trade intensity index of imports and exports is observed to be more than one with the trading partner, then it indicates a high degree of trade association between them. The empirical results signify that the pair-wise export and import intensity index of these countries is greater than one, suggesting significant trade among the member countries. The study has many policy implications. Although the trade intensity index is greater than one for all counties, the value varies, signifying the under-developed bilateral trade areas among the region which need to be focused. Further, the regional and cultural differences should be coped up to accelerate the trade in the region. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
10. Indo-China Trade Relationship in Last Quarter Century: An Empirical Analysis.
- Author
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Bijoy, Kumar
- Subjects
IMPORTS ,TIME series analysis ,IMPORT substitution ,GRANGER causality test ,VECTOR autoregression model ,BILATERAL trade ,BALANCE of trade - Abstract
Purpose: The study tries to find pattern in the bilateral trade and impact of macro happenings like GFC, Chinese meltdown, Galwan conflict, COVID-19 on it over the period of 1995 to 2020. Design/Methodology/Approach: The study has two dimensions. The first one analyses the monthly export and import figures between India and China product wise (based on HS Code at two -digit level) from Jan2016 to Jan 2021 whereas second one focus on annual data of Indo-China Export and Import along with their annual GDP for 26 years starting from 1994 - 1995 to 2019-2020. Bilateral trades are analysed by using four tools namely-Bilateral Trade Dependence Index (BTDI); Trade Intensity Index (TII); Herfindahl Hirschmann Market Concentration Index (HHI); and Index of Export market penetration (IEMP). The study has also used Time series analysis to find the relationship between total bilateral trade and GDP of respective countries using Johansen Cointegration Test, Granger Causality Test, and VAR model. Findings: The annual growth rate of import and export for India with China suggest the short-term impact of macro happenings. Research Limitations: The study has several limitations with respect to availability of very recent data, availability of cost components of trade items in respective countries etc. Managerial Implications: Policy makers for India are suggested to work towards import substitution via various programs like Make-in-India with priority of domestic productions of HS Code 85, 84, 29 which are increasing the trade deficit continuously. Originality/Value: This study is an original effort to highlight the dynamic bilateral trade relationships between India and China in last twenty-five years. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
11. OPPORTUNITIES FOR INCREASING THE EXPORT OF LATVIA TO UE COUNTRIES
- Author
-
Erika Pancenko and Tatyana Ivanova
- Subjects
foreign trade ,net export ,economic freedom index ,trade intensity index ,export potential ,Business ,HF5001-6182 ,Finance ,HG1-9999 - Abstract
The relevance of this study is tied to the fact, that more effective application of export potential represents a major step towards the integration of Latvia’s economy into a unified economic framework with other European Union countries. In addition, the lack of a generally accepted methodology for assessing export potential increases the significance of these studies from a methodological point of view. The purpose of this study is to analyse the trends in Latvian exports and assess the possibilities of increasing the volume of exports of goods to the EU countries. This study applied quantitative and qualitative methods of analysis, analysis of statistical data, methods for assessing the intensity, complementarity of trade between two countries and the potential for exporting Latvian goods to EU countries. The study identifies the countries and categories of goods where Latvian trade potential to EU can be increased. The authors of the article propose criteria for determining possibility of increasing the export of various groups of goods. The paper may be of interest to all export transaction participants, including manufacturers, merchants, and professional associations. The export expansion assessment method applied by the authors may be adopted by exporting companies to identify groups of goods that have export growth reserves.
- Published
- 2021
- Full Text
- View/download PDF
12. OPPORTUNITIES FOR INCREASING THE EXPORT OF LATVIA TO EU COUNTRIES.
- Author
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PANCENKO, ERIKA and IVANOVA, TATYANA
- Subjects
STATISTICS ,COUNTRIES ,PROFESSIONAL associations ,EXPORTS ,ECONOMIC liberty ,DATA analysis - Abstract
The relevance of this study is tied to the fact, that more effective application of export potential represents a major step towards the integration of Latvia’s economy into a unified economic framework with other European Union countries. In addition, the lack of a generally accepted methodology for assessing export potential increases the significance of these studies from a methodological point of view. The purpose of this study is to analyse the trends in Latvian exports and assess the possibilities of increasing the volume of exports of goods to the EU countries. This study applied quantitative and qualitative methods of analysis, analysis of statistical data, methods for assessing the intensity, complementarity of trade between two countries and the potential for exporting Latvian goods to EU countries. The study identifies the countries and categories of goods where Latvian trade potential to EU can be increased. The authors of the article propose criteria for determining possibility of increasing the export of various groups of goods. The paper may be of interest to all export transaction participants, including manufacturers, merchants, and professional associations. The export expansion assessment method applied by the authors may be adopted by exporting companies to identify groups of goods that have export growth reserves. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
13. Development and Intensity of Mutual Trade between the Visegrad Group and the Russian Federation.
- Author
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Kašťáková, Elena and Luptáková, Anabela
- Subjects
NUCLEAR reactors ,INTERNATIONAL trade ,INTERNATIONAL economic relations ,RAW materials ,AUTOMOBILES - Abstract
Russian's position in the foreign trade relations of the Visegrad Group countries has a long history. Russian Federation is an important trading partner for them, especially in the import of energy raw materials. Poland is the most active trading partner for the Russian Federation within the Visegrad Group. In 2018, the three most exported items of the Visegrad Group to the Russian Federation were machinery and nuclear reactors, cars, and electrical machinery. Mineral fuels accounted for 85 % of the Visegrad Group imports from the Russian Federation. The trade intensity between the Visegrad Group countries and the Russian Federation in 2014 - 2018 was higher than one, except for the Czech Republic. That indicates that the Russian Federation has exported relatively more goods to Slovakia, Poland and Hungary than to the rest of the world. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
14. Serbia-China Bilateral Trade Relations: Major Challenges and Opportunities.
- Author
-
Jovičić, Elena, Stevanović, Slavica, and Beraha, Isidora
- Subjects
COMMERCIAL policy ,EXPORTERS - Abstract
Considering the growing presence of China in Serbia and deepening the overall bilateral relations, the main objective of the paper is to analyze the major trends and changes in the bilateral merchandise trade between both countries. The paper also focuses on exploring the main challenges as well as determinants for enhancement of trade relationships in the upcoming period. The total trade between Serbia and China has been steadily growing over the last decade. The value of total trade in 2019 compared to 2010 is increased twice, the value of imported and exported goods grew twice and almost 45 times, respectively. Despite the rapid growth, the Trade Intensity Index shows that trade between Serbia and China is under-represented, implying there is a space for improvement. Some obstacles hinder trade relations between Serbia and China. One of the main challenges stems from the fact that China shares its influence in Serbia using investments rather than trade. On the other side, Serbia does not have enough capacity to meet Chines market demand, which is among other things a result of the domination of low value-added products in the total Serbian exports. In order to overcome the obstacles, Serbia should focus on its comparative advantage as well as attracting the Chinese investment in the strategically important sectors. Furthermore, it is essential for Serbia to develop a strategic approach to trade policy towards China, which implies better promoting of export growth, relevant support of Serbian exporters as well as more active engagement around trade matters during official negotiations with China. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
15. A Study on Trade Intensity between Central Asian Countries and India.
- Author
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Gugnani, Ritika
- Subjects
BALANCE of trade ,COMMERCE ,CONSUMER goods ,COUNTRIES ,INDUSTRIAL equipment - Abstract
Since 2009, India is trying to promote trade relations with Central Asian countries namely Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. So the aim of the study is to look into the efforts by both the sides and estimate the Trade Intensity Index of India with Central Asian Countries. The study found that the trade deficit with Kazakhstan have continuously expanded during this time period. However, the trade balance improved with all the other central Asian countries including Kyrgyz Republic, Turkmenistan, Uzbekistan and Tajikistan between 2010-2018. Other than pharmaceutical products electronic machinery, mechanical machineries like boilers etc. also holds lot of potential and their share in exports is continuously rising. The trade share of Kazakhstan and Uzbekistan is continuously rising but share of Kyrgyzstan, Tajikistan and Turkmenistan is fluctuating between 2010-2018. Indian exports to Central Asia over the time period of 2010-2018 has been concentrated in the area of consumer goods but with capital good shold slot of p otential. Trade Complementarity Index of Central Asian Countries is increasing after 2010 especially in case of Turkmenistan. The policy efforts are demonstrating moderate effects. There is room for more policy interventions. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
16. Iraq’s Foreign Trade Performance: A Critical Analysis.
- Author
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HABIB, Dhrgam S.
- Subjects
INTERNATIONAL trade ,CRITICAL analysis ,GROSS domestic product - Abstract
Foreign trade has become an important feature in transforming the relationship between different countries. In recent years Iraq’s foreign trade has excelled and it currently represents more than 73% of the country’s Gross Domestic Product (GDP) suggesting an openness to trade. However, none of the studies related to foreign trade have explored Iraq’s international trade. This paper attempts to explore the intricacies of Iraq’s trade with the other countries. The trends in bilateral trades and trade intensity for the period between 2007-2017 with few chosen countries are investigated. This study throws light on the Iraq’s untapped potential to develop as a major player in an international trade. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
17. A Measure of Trade Intensity and Country Market Potential.
- Author
-
MAZLAN, H., HASSAN, AZMAN, AZMAN-SAINI, W. N. W., YUSOF, RAJA NERINA RAJA, and AWANG, KHAIRIL WAHIDIN
- Subjects
MARKET potential ,COMMERCE - Abstract
Trade is important in driving a country's economic growth. It has also become essential to go beyond own soil as the infrastructures and communications across countries are becoming better every year. Hence it is of great importance for policy makers to be able to measure the trade intensity of a country to identify market potential. A simple ratio between export and import of trade activities demonstrates imbalanced characteristics which add up to drawbacks in term of scaling, proportionality and symmetry issues of the existing Trade Intensity (TI) measurements. As such the analysis could potentially be erroneous due to biased and skewed characteristics. In addition, the existing TI measurements focus on bilateral trade activities between countries which do not explicitly address country market potential dimension for export opportunities that change throughout times. Thus we propose an innovative new measure of trade intensity focusing on precision trade between change in import and export elements which we named as "TI Index". It is geometrically symmetrical, proportional and scale invariant to the changes in market potential of all products and across the world market. The pinnacle of this paper is the design and construction of an innovative new TI index for possible use in measuring country market potential. The design and construction of the TI index is geometrically illustrated using a newly constructed Geometric Trade Intensity Space Box (GTISB). This TI index provides a single number that is easy to calculate, comparable and change sensitive across all products/countries combinations globally. [ABSTRACT FROM AUTHOR]
- Published
- 2018
18. The U.S. and China in India’s Foreign Economic Policy: In Quest of Balance for Maintaining Strategic Autonomy
- Author
-
Elena Nebolsina and Natalia Valerievna Galistcheva
- Subjects
trade and economic cooperation ,History ,Economic policy ,media_common.quotation_subject ,Development ,Grubel–Lloyd index ,Political science (General) ,grubel-lloyd index ,trade intensity index ,China ,media_common ,india ,investment ,n. modi ,Investment (macroeconomics) ,JZ2-6530 ,Product (business) ,Bilateral trade ,Balance (accounting) ,u.s ,d. trump ,Scale (social sciences) ,Political Science and International Relations ,Business ,International relations ,china ,indo-pacific region ,JA1-92 ,Autonomy - Abstract
The paper investigates trade and investment relations between India and its two major trading partners, viz. the U.S. and China in the 2000-2010s. On the basis of mixed method research with equal use of quantitative and qualitative, as well as historical and statistical methods, the authors estimate the possibilities for expanding interstate interactions and the difficulties the countries might face. By comparing the scale and particulars of the product structure of Indo-American and Indo-Chinese trade, the authors reveal that intra-industry trade between India and the United States is at a fairly high level, which, in turn, is not typical for the trade between India and China, which is mostly inter-industry due to the sluggish cooperation of Indian and Chinese entrepreneurs. The authors assess the intensity of the Indo-American and Indo-Chinese bilateral trade between 2000-2018 by means of indices of intensity of Indias exports and imports to / from the USA and China, as well as indices of intensity of exports and imports of its partners to / from India. The obtained results outline the upward trend of the share of Indian exports to the U.S. relative to other countries, which indicates that India is successfully conquering the U.S. market, and Indian goods are becoming increasingly competitive. Meanwhile, the volume of Indian-Chinese trade remains on a much lower level than it could be expected with the current share of India in the world trade. In the meantime, neither for the United States nor for China, India is a dominant partner. The article also investigates major obstacles hindering the development of both Indo-American and Indo-Chinese bilateral relations. The obtained results enable the authors to predict that in the short- and mid-term economic cooperation between India and its leading partners is likely to strengthen, with India keeping striving for standing neuter while building the two most crucial vectors of its foreign economic policy.
- Published
- 2021
19. OPPORTUNITIES FOR INCREASING THE EXPORT OF LATVIA TO UE COUNTRIES
- Author
-
Tatyana Ivanova and Erika Pancenko
- Subjects
net export ,HF5001-6182 ,Social Sciences ,Latvian ,General Medicine ,International economics ,Index of Economic Freedom ,Discount points ,language.human_language ,Complementarity (molecular biology) ,trade intensity index ,language ,export potential ,media_common.cataloged_instance ,foreign trade ,Business ,Professional association ,economic freedom index ,European union ,Database transaction ,Qualitative research ,media_common - Abstract
The relevance of this study is tied to the fact, that more effective application of export potential represents a major step towards the integration of Latvia’s economy into a unified economic framework with other European Union countries. In addition, the lack of a generally accepted methodology for assessing export potential increases the significance of these studies from a methodological point of view. The purpose of this study is to analyse the trends in Latvian exports and assess the possibilities of increasing the volume of exports of goods to the EU countries. This study applied quantitative and qualitative methods of analysis, analysis of statistical data, methods for assessing the intensity, complementarity of trade between two countries and the potential for exporting Latvian goods to EU countries. The study identifies the countries and categories of goods where Latvian trade potentialto EU can be increased. The authors of the article propose criteria for determining possibility of increasing the export of various groups of goods. The paper may be of interest to all export transaction participants, including manufacturers, merchants, and professional associations. The export expansion assessment method applied by the authors may be adopted by exporting companies to identify groups of goods that have export growth reserves.
- Published
- 2021
20. Suggestions for an East Asian Monetary Union: Focusing on the Effects of Monetary Integration on Bilateral Trade
- Author
-
Min-Chang Ko and Byung-Taik Cho
- Subjects
Monetary Integration ,East Asian Monetary Union ,Gravity Model ,Trade Dependence Index ,Trade Intensity Index ,Economics as a science ,HB71-74 - Abstract
This study explores alternative ways toward the East Asian monetary union, focusing on the effect of monetary integration on bilateral trade. For this purpose, we analyze with gravity model changes of the bilateral trade among countries of EU, NAFTA, and East Asia. A distinctive feature of this model is that it includes the dummy variables that show the cultural intimacy among North-East Asian countries, Asian NIEs countries, and East Asian countries (North-East Asian and ASEAN countries). We discovered that bilateral trade increased at a highest level among East Asian countries than the other two cases. This result suggests that the once-and-for-all strategy to develop an East Asian monetary union including North-East Asian and ASEAN countries would be more efficient than the multitrack strategy that forms the monetary union of North-East Asian countries in the first place and then tries to extend it to ASEAN countries.
- Published
- 2006
- Full Text
- View/download PDF
21. AN EXAMINATION OF RECENT TRENDS, COMPOSITION AND TRADE INTENSITY OF NIGERIA-BRAZIL BILATERAL RELATIONS
- Author
-
Ibrahim, Kabiru Hannafi and Ibrahim, Kabiru Hannafi
- Abstract
This paper examines the trends, composition and trade intensity of Nigeria-Brazil bilateral trade relations for the period 2000-2017. Tables, graphs, and trade intensity index were employed. The results indicate that Nigeria's trade with Brazil has significantly recorded impressive growth. However, the share of major products exported to Brazil over the period remained insignificant with the exception of mineral fuels. The results further show that the share of major products imported from Brazil is significant, indicating that Brazilian exports to Nigeria are more diversified than that of Nigeria's export to Brazil. The trade intensity index indicates high trade intensities between the countries and the high possibility of increasing bilateral trade flow. Based on these findings, the study recommends the need for Nigeria’s export to be restructured in order to reduce the prevailing role of mineral fuels to Nigeria's exports through diversification and identification of new export opportunities in Brazilian markets.
- Published
- 2020
22. On the Trade Intensity and Complementarity between China and Its FTA Partners.
- Author
-
Yin Xiangshuo and Lang Yongfeng
- Subjects
INTERNATIONAL trade ,ECONOMICS ,COMMERCE ,PHILOSOPHY - Abstract
We use Trade Intensity Index (TII) and gravity model to test the hypothesis of "natural trade partner" between China and its major trade partners reached FTA agreements with China or being under negotiation with China. We find that the TII indexes are in general on the increase but the cost of distance is still an important factor in affecting bilateral trade. We also calculate the Trade Complementarity Index (TCI) between China and its FTA partners and find that the indexes are high and generally larger than 1. Even though there is a tendency of decline in TCI, the increase of Til shows that trade between China and its partners is changing from inter -- industry to intra -- industry, and so the effects of trade diversion should be small while the effects of trade creation should be larger. [ABSTRACT FROM AUTHOR]
- Published
- 2011
23. Análise da vantagem comparativa revelada do pescado, camarão e lagosta de 200 a 2011 no Brasil e Mundo
- Author
-
Lang, Jaime Ivan, Godoy, Márcia Regina, and Triches, Divanildo
- Subjects
Fish Industry ,International trade ,Lagosta ,Comércio internacional ,Indústria pesqueira ,Revealed comparative advantage ,Brasil e mundo ,Índice de comércio intraindustrial ,Pescados ,Samarão ,Trade intensity index ,Brazil and world ,Ciências Sociais Aplicadas::Economia [ACCNPQ] ,Vantagem comparativa revelada ,Índice de intensidade de comércio ,Intra-industry trade índex - Abstract
Submitted by Silvana Teresinha Dornelles Studzinski (sstudzinski) on 2015-12-15T13:02:46Z No. of bitstreams: 1 Jaime Ivan Lang_.pdf: 1041459 bytes, checksum: d4f6acdd0fa136b94ec32ef2a93eea86 (MD5) Made available in DSpace on 2015-12-15T13:02:46Z (GMT). No. of bitstreams: 1 Jaime Ivan Lang_.pdf: 1041459 bytes, checksum: d4f6acdd0fa136b94ec32ef2a93eea86 (MD5) Previous issue date: 2015-08-13 Nenhuma A importância dos pescados no mundo justifica-se pela importância estratégica cada vez maior que os alimentos terão no estabelecimento de vantagens comparativas entre os países, a partir da projeção de que, em 2050, a população do planeta deverá alcançar 9,6 bilhões de pessoas. O presente trabalho tem, como objetivo, analisar dois segmentos do setor de pescado brasileiro e mundial - lagosta e camarão -, a partir da vantagem comparativa revelada entre os anos de 2000 e 2011. Qualquer setor produtivo de um país pode tornar-se competitivo quando comparado ao resto do mundo, a partir da abundância de um fator de produção ou de diferenças de produtividade. Embora, em tese, essa vantagem seja possível, para se chegar a ela tem-se que cotizar o setor produtivo em questão com outros países que, porventura, busquem as mesmas vantagens, o que foi feito nesta dissertação, através de certos índices do comércio internacional. Segundo o índice de vantagem comparada revelada (VCR), a lagosta brasileira tem pouca penetração no mercado externo. Pelo índice de intensidade de comércio, a França e os Estados Unidos aparecem como mercados ainda a serem explorados pela lagosta e pelo camarão brasileiro, respectivamente. Pelo índice intraindustrial, o camarão mostra intenso comércio com alguns mercados, conquista a ser mantida diante de novos players no segmento. The significance of seafood in the world is justified by the increasing strategic importance in which food will play in the foundation of competitive advantages between countries, based on the projection that by 2050 the global population will reach 9.6 billion people. The present study sought to analyze two segments of the Brazilian and global seafood industry, both lobster and shrimp, considering the comparative advantage revealed between the years 2003 and 2013. Each and every productive sector of a country may become more competitive when compared to the rest of the world, basing on the abundance of certain factors of production or productivity differences. Although this advantage may be possible in theory, in order to achieve it, one must quote the productive sector in question with the other countries that perhaps pursue the same advantages, what has been done on this dissertation. According to the index of revealed comparative advantages, the Brazilian lobster has small penetration in the external market. Through the trade intensity index, France and the United States appear as markets yet to be explored by the commerce of Brazilian lobster and shrimp. Through the Intra-industry index, the shrimp shows intense commercial trade with some markets, an achievement to be sustained against the new players in the segment.
- Published
- 2015
24. Comparing the Performance of Uganda’s Intra-East African Community Trade and Other Trading Blocs: A Gravity Model Analysis
- Author
-
Shinyekwa, Isaac and Lawrence, Othieno
- Subjects
regional integration ,random and fixed effects ,trade shares ,Production Economics ,Gravity model ,Industrial Organization ,blocs ,Public Economics ,trade indices ,trade flows ,trade intensity index ,Agribusiness ,imports ,intra ,exports ,panel ,Institutional and Behavioral Economics - Abstract
This paper examines factors that determine Uganda’s trade flows and specifically compares the impact and performance of the different trade blocs on Uganda’s trade patterns and flows. The empirical question is whether Uganda’s trade is getting more integrated in the East African Community (EAC) region or is still dominated by other trading blocs, namely European Union (EU), Asia and Common Market for Eastern and Southern Africa (COMESA)? Two analytical approaches are used, namely: trade indicators and estimation of the gravity models using data extracted from COMTRADE for the period 2001 – 2009 (panel). We estimate determinants of export and import trade flows separately using static random, dynamic random and IV GMM models. The results suggest a strong relationship between belonging to a trading bloc and trade flows. Likewise, Uganda’s import and export trade flows have conspicuously adjusted to the gravitational forces of the EAC during the progress of the integration. Whereas exports are being integrated more in the EAC and COMESA regions, imports are more integrated in the Asian and EU trading blocs. Therefore, strong links with trading blocs outside the EAC (i.e. EU and Asia) with regards to imports still exist. The trade indicators demonstrate that Uganda exports largely primary products and imports manufactured products. It is imperative for Uganda to target implementation of regional trade agreements to expand the country’s export markets. The EAC region should attract investment in production of high technology products to increase intra-EAC imports and reduce imports from Asia and the EU.
- Published
- 2013
- Full Text
- View/download PDF
25. El comercio bilateral Paraguay-UE: una descripción con indicadores de comercio
- Author
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Enciso Cano, Víctor Ramón
- Subjects
índice intraindustrial ,Paraguay ,Unión Europea ,trade intensity index ,trade complementarity index ,índice de intensidad comercial ,índice de complementariedad comercial ,European Unión ,intra industry trade index - Abstract
La negociación de un Acuerdo de Libre Comercio entre la Unión Europea y el Mercosur ha sido objeto de varios estudios, tanto en Europa como en el continente americano y en conjunto entre instituciones de ambos continentes. Sin embargo a la fecha (mayo-2011) dos son los únicos estudios de impacto del acuerdo en la economía del Paraguay. De ahí que el objetivo general es analizar la evolución del comercio entre Paraguay y la UE durante el periodo 2000-2006, antes del inicio de la crisis financiera. Específicamente mediante el uso de indicadores de comercio se busca identificar el comportamiento de la intensidad de comercio de los flujos bilaterales y de la complementariedad comercial entre ambos. Los resultados muestran que la disminución relativa de las exportaciones Paraguayas a la UE en relación a las importaciones de este bloque provenientes del mundo entero (netas de las de Paraguay), no fue causado por la falta de concordancia entre oferta y demanda sino que se debió a otros factores. El intercambio comercial entre el Paraguay y la UE refleja las respectivas ventajas comparativas con un especialización extrema, donde no se ha dado comercio intra-industrial, sino solamente interindustrial. El patrón comercial entre las partes se ha mantenido constante, de modo que, en líneas generales, se puede afirmar que la composición de la estructura del intercambio no ha variado, pero si se observa una fuerte especialización del Paraguay en el comercio de bienes agroalimentarios. The negotiation of a Free Trade Agreement between EU and MERCOSUR has been the subject of several studies in both Europe and the Americas and joint institutions on both continents. However, today (May 2011) there are only two studies on the impact of the agreement on the economy of Paraguay. Hence the overall objective is to analyze the evolution of trade between Paraguay and the EU during 2000-2006, before the start of the financial crisis. More specifically, by using trade indicators the paper aims to identify the intensity of bilateral trade flows and trade complementarity between Paraguay and the EU. The results show that the relative decrease of Paraguayan exports to the EU in relation to this block imports from around the world (net of Paraguay), was not caused by the mismatch between supply and demand but due other factors. Trade between Paraguay and the EU reflects the comparative advantages with extreme specialization where there has been no intra-sectoral trade. The trade pattern between the parties has remained constant, so that, in general, it can be said that the composition of trade structure has not changed, but a strong specialization of Paraguay in the agri-food trade in goods has taken place over the past decade.
- Published
- 2011
26. India-Korea CEPA: Potentials and Realities
- Author
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Shahid Ahmed
- Subjects
Computable general equilibrium ,Liberalization ,Partial equilibrium ,Trade creation ,Tariff ,jel:C68 ,jel:F21 ,International economics ,Economic surplus ,jel:F12 ,Trade Intensity Index ,CEPA, India, South Korea ,jel:F17 ,Bilateral trade ,jel:F15 ,Sectoral output ,Economics - Abstract
The present study investigates the potential economic impacts of India- Korea CEPA using trade indices, partial equilibrium and computable general equilibrium. One hypothetical scenario is examined in SMART model and two hypothetical tariff liberalization scenarios are examined in GTAP model focusing on short run and long run. Using the partial equilibrium WITS-SMART model, we tried to assess the impact of liberalization under the CEPA, assuming full liberalization of imports from the India into Korea and vice versa. We more specifically looked at consumer surplus, trade creation and diversion results as well as the impact on tariff revenues. Using GTAP model, it is a good instrument for identifying the winning and losing countries and sectors under policy changes. GTAP can be used to capture effects on output mix, factor usage, trade effects and resultant welfare distribution between countries as a result of changing trade policies at the country, bilateral, regional and multilateral levels. Finally, bilateral investment flows has also been discussed. The GTAP results reveal that Korea gains while India loses in terms of welfare. Sectoral output and employment effects are mixed. Both countries are gaining significantly in their bilateral trade flows. The SSA results reveal that the CGE results are robust. Using partial equilibrium analysis, SMART model indicates positive effect on consumer surplus and on other trade flows. However, tariff revenues will be reduced by this agreement. India is expected to loose US$-768.37 million while Korea will loose by US$ -1232.6 million. The study recommends the following in light of our findings. First, in order to tamper the losses in budget revenues, countries should seek to diversify their tax base and develop alternative less distortionary revenue generating strategy. Secondly, if the consumers are to truly benefit of CEPA, the national capacity to limit rent capture by importers and exporters should be strengthened.
- Published
- 2010
27. Essays on the composition of trade
- Author
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Weldemicael, Ermias Ogbai and Weldemicael, Ermias Ogbai
- Abstract
This thesis consists of three essays on the composition of trade. The first essay extends the empirical work of Hausmann et al. (2007) to examine the causal effect of foreign direct investment, remoteness, and institutional quality on export sophistication. Using cross country panel data, the finding shows that foreign direct investment has a positive effect, and the effect is greater for countries with low institutional quality. Similarly, remoteness from major markets has a strong negative effect, which indicates competitive disadvantage. With regard to institutional quality, its effect on export sophistication is evident only in manufactured exports. The results are robust to alternative measurement of the dependent variable and econometric estimation methods. The findings have important implications for developing countries that strive to enhance their export sophistication. The second essay provides an explanation of the distance puzzle in a gravity model estimation. Distance not only makes trade more expensive and reduces the volume of trade, but it also affects the composition of trade. The essay investigates the composition of trade as a plausible explanation of the puzzle using trade intensity index. It develops a micro foundation of the trade intensity index and its decomposition into the complementarity and country bias indices. The results show that distance has a negative effect on the complementarity index, which indicates the indirect effect of trade costs on the trade intensity index. The findings imply that the overstated distance elasticity in the standard gravity estimation is a consequence of aggregation bias and a failure to account for compositional effect. The decomposition, together with the empirical findings, seems to provide a better explanation for the long standing puzzle. The third essay uses a disaggregated version of the Eaton and Kortum (2002) model to analyze the relative importance of technology and trade costs for export sophistic
- Published
- 2012
28. Compilation of key-data on Sino-European economic relations since 1978
- Author
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Taube, Markus and Taing, Chear
- Subjects
official development aid ,ddc:330 ,foreign direct investment ,trade intensity index ,statistical data ,Foreign trade ,Forschungszentren » Institut für Ostasienwissenschaften (IN-EAST) - Abstract
Der vorliegende Beitrag trägt zentrale statistische Daten zur Entwicklung der europä-isch-chinesischen Wirtschaftsbeziehungen zwischen 1976 und 2001 zusammen. Die graphisch aufgearbeiteten Daten werden einführend kommentiert und sollen einen schnellen, leicht zugänglichen Einblick in Entwicklung und relative Bedeutung der bilateralen Wirtschaftsbeziehungen der europäischen Staaten mit China ermöglichen.
- Published
- 2003
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