This paper examines the effect of value-added taxes (VATs) on international trade. Destination-based VATs are commonly thought to encourage exports, since exports are exempt from tax while imports are taxed. Economic theory implies that exchange rate adjustment prevents destination-based VATs from affecting exports and imports, since exchange rate appreciation completely undoes the effects of i...

Indiana exports reached $3.98 billion in the third quarter of 2000. That represents a 14.8% increase when compared to the third quarter of 1999. Over the first three quarters of 2000 Indiana exports totaled $12.3 billion, about $2 billion more than sales during the same period in 1999. If this pace continues in the final quarter, Indiana exports would exceed $16 billion for the year — the highe...

The economy of Timor-Leste depends more on the oil and gas sector. Therefore, non-oil sector has been less a priority in political agenda this country. However, studies Timor-Leste, especially commodity exports are underdeveloped, based that, research will discuss coffee production as potential consider it largest share among other export products Timor-Leste. puRp. . ose study is to have deepe...

Oil and gas dependence the volatility of their prices is currently a serious challenge for Russian economy. Coincidently, export revenues from oil products are main source federal budget. Export diversification can contribute to risk reduction economy by increasing share other industries in structure. In this regard, present study examines determinants industrial regions using econometric model...

This paper examines the impacts of the real exchange rates of the Chinese renminbi against the US dollar on the Japanese and the Korean exports to the US. Empirical test results, which have analyzed the quarterly data covering 1986Q1 to 2005Q2, show different long-run impacts of the renminbi in the export functions of the two countries. In particular, according to the estimation of cointegratin...

Physical oil and gas abundance, turned in market scarcity, do prices of spike cashed rents mount. For the years 1970-2020, from crude natural sales are expressed US$-2020, revealing magnitude volatility money flows. Peak coincide with turmoil implying particular & exporting countries. Oil geopolitics metamorphosed conquering deposits to precluding exports by ‘hostile’ nations. Such preclusi...

T his study examines the impact of non-oil export demand on economic performance in Nigeria using annual time series data between 1975 and 2013. The study tests for the unit root and co-integration to determine the time series properties of our variables before using Vector Error Correction (VEC) model for both short- and long- run estimates and possible policy inferences. The result...

A BSTRACT According to the Heckscher-Ohlin-Vanek theorem, the net exports of a region are determined by relative abundance of the immobile factors of production. Empirical tests of this theory, usually at a high level of aggregation, have frequently not supported it. We find, instead, that data on interstate trade in wood products within the United States are in strong agreement with the theore...