This paper aims to investigate the direction of causality between economic growth, energy consumption and trade openness in case of Iran for the period 1967–2012. We apply the newly developed combined cointegration test proposed by Bayer and Hanck (2013). Vector Error Correction Model (VECM) is applied to determine the direction of causality between these three variables. The result of Bayer-Ha...

Nat iona l and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberaliz...

This paper uses the economic policy uncertainty and total import volume of 20 countries including United States China European Union from 2007 to 2021 related data, a fixed-effect model study impact on trade. The results show that internal significantly inhibits trade, while global has no significant Maintaining good international relations with other avoiding trade frictions is Sensible way pr...

Economic integration lowers one form of trade costs, tariffs, and stimulates changes in other trade costs. This paper offers a model in which integration may raise or lower the important trade cost associated with insecurity. The model can help to explain the varied experience with integration and it points to the usefulness of combining enforcement policy integration with trade policy integrat...

The relationship between trade liberalisation and the environment has been the subject of a growing body of literature in recent years. As can be seen from the differing assessment of instrument types for environmental protection, one of the important factors for the relationship between environmental protection and economic competitiveness are regulatory stringency and efficiency. This concern...

One of the specific aspects of our time is the existence of World Trade Organization as an important international center. This organization regulates the commercial laws among the countries, and tries to provide a suitable environment for trade by eliminating the subsidies using protection policies and making a better condition for competition. In order to achieve this objective, the economic ...