Abstract This paper argues that the increasing adoption of information and communication technologies (ICTs) is a factor improves terms trade sub-Saharan African (SSA) economies. According to new theories international trade, ICTs can change by productivity, reducing costs, human capital endowment specialization. Here, we use World Development Indicators (WDI) United Nations Conference on Trade...

Powerset structures of extensional fuzzy sets in sets with similarity relations are investigated. It is proved that extensional fuzzy sets have powerset structures which are powerset theories in the category of sets with similarity relations, and some of these powerset theories are defined also by algebraic theories (monads). Between Zadeh's fuzzy powerset theory and the classical powerset theo...

The purpose of this essay is to provide an overview of the theories of the vertical firm boundaries from a viewpoint of a theorist whose field of specialization is organizational economics. I offer several testable theoretical hypotheses (with a few relevant empirical studies in the fields outside international economics) hoping future research will test them in the context of international ver...

Empirical evidence for declines in fitness components (survival and reproductive performance) with age has recently accumulated in wild populations, highlighting that the process of senescence is nearly ubiquitous in the living world. Senescence patterns are highly variable among species and current evolutionary theories of ageing propose that such variation can be accounted for by differences ...

this paper explores the leverage determinants across firms’ sizesbased on the two main theories behind the capital structure, the trade-offand the pecking order theories. a panel data is sued to find therelationship between capital structure and the variables that proxy forbenefits and costs of debt during 1990 to 2006. our findings show thatboth principles help to explain the capital structure...

The article depicts the situation before Cold War in which developing countries (DCs) and least Developed countries (LDCs) found themselves big loser, as they were deprived from participation in trade negotiation process, leading into establishment of GATT . Therefore, they resorted to UNCTAD  as the sole defender of their interests against Developed Countries in trade negotiations. UNCTAD has ...

All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including O notice, is given to the source. There are two principal theories of why countries trade: comparative advantage and increasing returns to scale. Yet there is no empirical work that assesses the relative importance of these two theories in acc...