The application of the generalized gravity model in analyzing the Bangladesh’s trade reveals that Bangladesh’s trade is positively determined by the size of the economies, per capita GNP differential of the countries involved and openness of the trading countries. Bangladesh’s exports are positively determined by the exchange rate, partner countries’ total import demand and openness of the Bang...

This paper examines the effect of trade openness on the productivity of skilled and unskilled labor in a group of 36 developing countries using panel data and fixed effect approach. We have developed and utilized an empirical model that readily lends itself to testing the hypothesis posed. Our results support the hypothesis that trade openness has a positive and significant impact on labor prod...

Recent studies have challenged the view that trade openness leads to more specialization in countries’ trade. Using a panel of 116 countries over 35 years, we show that openness can be positively associated with both specialization and diversification, depending on the measure used. Moreover, for developing countries in our sample, the effect of openness on trade structure depends on the type o...

This paper examines the dynamic causal relationship between carbon dioxide emissions, energy consumption, economic growth, foreign trade and urbanization using time series data for the period of 1960-2009. Short-run unidirectional causalities are found from energy consumption and trade openness to carbon dioxide emissions, from trade openness to energy consumption, from carbon dioxide emissions...

Over the years, economists had been taught that "Trade can make everyone better off", thus rationale of dynamic shift in Philippine agricultural trade system from protectionism to liberalization. It was known Philippines one champions agriculture sector as it massively produced goods and exports during late 20th century. However, various studies reports have shown concluded setting is now dubbe...

Abstract Over the years, agriculture has been considered as a panacea for long-term economic growth believed by physiocracy school of thought. Aligning this with United Nations’ Sustainable Development Goals (specifically UN-SDG-2 which highlights zero hunger), present study empirically complements existing studies exploring interactions between agriculture, trade openness, and oil rents using ...

in this paper, the importance of environmental degradation costs in national accounts is discussed, empirical studies having been considered by politician and economic planners before. the importance of a determination of relationship between economic growth vs. openness to trade is also discussed. the main objective followed in an investigation of the relationship between trade openness, green...