The paper investigates price and quality competitiveness and comparative advantage in the new and old European Union Member States’ agri-food trade on the global market between 2000 and 2011. The empirical results show that the new and old Member States have become more similar in successful agri-food competitiveness and comparative advantages. The shares of successful price and successful qual...

We use highly disaggregated data on trade in capital goods to study differences in the price of capital across countries. This strategy is motivated by the fact that most countries import the bulk of machinery equipment from a small number of industrialized countries. We find the price of imported capital goods to be negatively and significantly correlated with the income of the importing count...

In early 2013 rumors about the Euro-appreciation gained momentum, which may lead to decreases in exports and increases in imports of the member states. Therefore, we investigate the impact of changes in the nominal Euro exchange rate vis-à-vis major currencies on export and import performance of nine different Euro-area-countries. To disentangle the “true” equilibrium elasticities SURE system e...

This paper examines externalities of safeguard protection. We identify a panel of 2,241 European steel producers between 1995 and 2004. Using the Roeger (1995) methodology, our findings indicate a decrease in price mark-ups of European steel producers in the period of US safeguard protection. Mark-ups are decreasing with import penetration and the level of the safeguard tariffs. The responsiven...

The main purpose of this paper is to examine the relationship between consumer price index (CPI) and producer price index (PPI) in Malaysia. This research considers monthly data of consumer price index and producer price index from January 1986 to April 2007. The Johansen cointegration method suggests that there is long-run equilibrium relationship between these two variables. Both Engle Grange...

the purpose of this article is to test whether the stock price index of the tehran stock exchange is located in the efficeent set of portfolios or not. in this paper the mehtod introduced by elton, gruber and padberg was used to determine the efficiency of the tse stock price index. the results showed that the tse index is not located in the efficient set.

The objective of this study is to measure the effect of global policy reforms on rice trade, prices, and economic welfare. The Doha Round of multilateral trade negotiations aims to increase market access, and reduce or eliminate export subsidies and trade distorting domestic price supports. Two modeling frameworks are used to estimate trade, price and economic welfare effects of policy reforms....