present paper is an attempt to estimate the impact of economic and geographic indicators in trade among islamic countries according to a bilateral trade model as gravity model, and study the relationship between economy, geography and trade in this way. fixed effect version of the panel data estimation producer with oic member country data spanning over the 2007–2012. the result of this researc...

We extend the Shapley-Scarf (1974) model-where a …nite number of indivisible objects is to be allocated among a …nite number of individuals-to the case where the primary endowment set of an individual may contain none, one, or several objects and where property rights may be transferred (objects inherited) as the allocation process unfolds, under the retained assumption that an individual consu...

Present paper is an attempt to estimate the impact of Economic and Geographic indicators in trade among Islamic countries according to a bilateral trade model as Gravity model, and study the relationship between Economy, Geography and Trade in this way. Fixed effect version of the panel data estimation producer with OIC member country data spanning over the 2007–2012. The result of this researc...

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 this paper, we propose a multi-period MILP model for optimal enterprise-level planning of industrial gas operations with an objective to minimize the total cost of production and distribution. As compared to the fully sequential approach for optimizing production and then optimizing distribution, the proposed fully coordinated model simultaneously considers various trade-offs between product...

This paper investigates the impact of the US and China’s foreign aids to Africa on trade flows between donor and recipient countries. Evidence from the gravity model estimates reveals that the two donors’ exports are strengthened by their aids to African partners. Interestingly, China’s aid shows a positive effect on its total volume of trade and imports from Africa, while the aid from the US e...

The trust game is used as a model of sequential trade. In this game it is the seller who must trust the buyer, but many naturally occurring transactions are structured such that buyers must trust sellers to complete trades upon receipt of payment. This subtle difference is significant as the experimental evidence presented in this paper indicates that sellers are more likely to complete the tra...