Motivated by increasing trade and fragmentation of production across countries, accompanied income convergence many emerging economies, we build a dynamic two-country model featuring sequential, multi-stage capital accumulation. As costs decline over time, global-value-chain (GVC) expands particularly more in the faster-growing country, consistent with empirical pattern. Via Heckscher–Ohlin for...

abstract t his paper explains bilateral trade patterns between south korea and thirteen opec member countries over the period 1980-2014 using a gravity model. the estimation results show that the gravity equation fits the data reasonably well. we confirmed the existence of long term relationships between the bilateral trade flows and the main components of gravity model - gdp, income (gdp per c...

determination of trade-off, which they are feasible and similar variations on all of decision making units (dmu), is important issue in data envelopment analysis (dea). in this paper, we select these trade-offs based on an external evaluation of dmus such that the correlation between external evaluation and technical evaluation resulted from dea model is maximized. in fact, we sift the trade-of...

abstract this study uses gravity model to examine the most important determinants of was agricultural trade. to this aim, import and export statistics of iran agricultural products for the period 1380 to 1387 was provided from iran customs organization and other information was obtained from different internet bases. random effects estimating and hausman test ratio result in fixed effects model...

The aim of the paper is to investigate the main determinants of the bilateral virtual water (water used in the production of a commodity or service) flows associated with international trade in agricultural goods across the Mediterranean basin. We consider the bilateral gross flows of virtual water in the area and study what export-specific and import-specific factors are significantly associat...

I study an example of a competitive environment in which trade occurs in a sequential manner. In this example, a country with a stable demand may suffer from trade with a country with unstable demand, there may be too much trade, a country may import and export the same good in the same period (cross-hauling) and dumping may occur. The timing of delivery is important. When delivery occurs befor...

In this paper, two-stage and purely sequential estimation procedures are considered to construct fixed-width confidence intervals for the reliability parameter under the stress-strength model when the stress and strength are independent exponential random variables with different scale parameters. The exact distribution of the stopping rule under the purely sequential procedure is approximated ...

the relationship between technology and international competitiveness dates back to the neo-technological trade theories of the 1960s. this approach considers difference in technology as the primary motive for difference among nations in terms of trade performance. the technology gap approach emphasizes inter-country differences in innovativeness as the basis for international trade flows. the ...

Objective: Nowadays, financial distress prediction is one of the most important research issues in the field of risk management that has always been interesting to banks, companies, corporations, managers and investors. The main objective of this study is to develop a high performance predictive model and to compare the results with other commonly used models in financial distress prediction M...