This paper focuses on Indo-Iranian merchandise trade for a period of 30 years from1980-81 to 2009-10. The study is based on econometric modeling comprising 3 versions of the RWM model and alternative forms and specification of regression functions. RWM model(s) evaluates the stationary nature of time series data relating to GNP, Exports, Imports and total merchandise Indo-Iranian trade. Dickey-...

In practice, the supplier often offers the retailers a trade credit period M and the retailer in turn provides a trade credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer’s perspective, granting trade credit not only increases sales and revenue but also increases opportunity cost (i.e., the capital opportunity loss during credit period) and defau...

The economic performance of Sub-Saharan Africa (SSA) over the past two decades has been disappointing. The initial explanation for this poor performance focussed on deficient macroeconomic policies. However a number of SSA countries have undertaken and sustained a reasonable measure of macroeconomic reform and still see no significant expansion in the growth of manufactured exports. This sugges...

The problem of slaughterhouse waste water can be resolved by mixing it with serum from lacteal industry to produce a biogas. The effect of serum addition on the anaerobic co-digestion of solid and liquid slaughterhouse waste has been studied. The experimental device consisted of a continuous digester by recirculation of biogas produced in the anaerobic digestion. The input effluent was a mixtur...

We study the case where parallel trade (PT) stems from government price controls in a foreign country. We remove the presumption that PT blunts dynamic efficiency if the government has partial commitment ability. We model the R&D firm’s option to serve the foreign country, and find that PT may improve quality, depending on preferences for quality. Improving quality may be a sufficient condition...

Among non-oil exports and in trade arena, drug has always been strategic importance and most government especially industrialized countries pay special attention to its production and trade issues. Thus, having a comprehensive view from economic perspective to this section is essential for suggesting intervention. This was a descriptive-analytical and panel study. In this study, gravity model i...