The main objective of this paper is to explore the relationship between merchandise exports and revealed comparative advantage (RCA) indicators of Croatian exports on the European Union (EU) market. For this purpose the main hypothesis is defined as follows: a Croatian merchandise export is positively correlated with RCA indicators on the EU market. Based on the empirical tests and using the de...

This paper developed an estimation model for the contribution of exports to a country's regional economy based on the Chenery-Moses model and conducted an empirical analysis using China's multi-regional input-output tables for 1997, 2002, and 2007. The results indicated that China's national exports make significantly different contributions to the provincial economy in various regions, with th...

__________________________________________________________________ This paper develops a methodology for predicting the impact of trade liberalization on exports by industry (3-digit ISIC) based on the pre-liberalization distribution of exports by product (5-digit SITC). Using the results of Kehoe and Ruhl (2013) that much of the growth in trade after trade liberalization is in products that ar...

Manufacturing firms increasingly engage in service trade activities. Microlevel data show that German manufacturers account for roughly 25% of German cross-border producer service exports. I have found that particular construction, engineering, and R&D services are exported. The machinery industries and automobile and chemicals producers dominate the overall pattern. The types of services expor...

The objective of this work is to present the structure and first simulation results of a post-keynesian macro-dynamic model for an industrialized and small open economy with floating exchange rates, imperfect mobility of capital, exports concentrated in primary goods, inflation target regime and two sectors. The model to be presented integrates both the real and financial aspects of post-keynes...

The approximately 100 million tonne per year increase in the use of corn to produce ethanol in the U.S. over the past 10 years, and projections of greater future use, have raised concerns that reduced exports of corn (and other agricultural products) and higher commodity prices would lead to land-use changes and, consequently, negative environmental impacts in other countries. The concerns have...

Many countries in 1995-2008 have experienced what we call “value added erosion”, which describes the phenomenon of the decline in the shares of domestic value added in a country’s exports as the country becomes more integrated into the Global Value Chains (GVCs). We argue that the decline of domestic value added share in a country’s exports is likely to be caused by the expansion of high value-...

This paper seeks to compare the export and technological capabilities generated by foreign and local electronics firms in Malaysia, Philippines and Thailand, and to explain their determinants. FDI has been the key driver of electronics exports in all three economies. While the data available prevented an assessment of the role of FDI in technology diffusion to local firms, it was sufficient to ...

This study examines the implications of recent trade trends and long-term price projections for Sub-Saharan Africa’s major exports. Its policy message for Africa is two fold. First, Africa must diversify away from traditional products or continue to experience serious negative trade effects including; (i) declining or relatively low growth in global demand for these goods, (ii) falling real pri...

Motivated by the 2008–09 financial crisis and the trade collapse, the paper analyzes the effect of past banking crises (1976–2002) on trade with a focus on African exporters. The paper shows that they are particularly vulnerable to a banking crisis in the countries they export to. It also distinguishes between an income effect (during a banking crisis, income and exports to the country fall) an...