We show that whether trade is one-way or two-way depends on wage strategies adopted by trade unions. The union’s wage strategy choices themselves depend upon the conditions under which trade takes place, as well as upon the characteristics of both the labour and the product markets in the trading countries. The impact of economic integration on union choices and therefore upon both labour marke...

The main objective of this study is to evaluate the impact of maritime transportation instability on international trade instability based on wavelet smoothing and spatial panel data econometric method during the period 1990-2012. The results showed that the spatial effects have an impact on international trade instability. So that a sudden 100 percent increase in international trade in the nei...

A new procedure for deriving nonlinear mathematical modeling for a specific class of aerospace hydro - mechanical control valves is presented. The effects of friction on the dynamic behavior of these types of valves along with the experimental verifictions are also given. The modeling approach is based on the combination of the following three tasks: decomposition of the valve into simple speci...

Abstract In this research, we assess the international trade implications of Ukraine's pursuit self‐determination through lens EU–Ukraine Association Agreement and contemporaneous war with Russia in years preceding 2022 Russian Invasion. To do so, construct a dataset annual, bilateral export import flows for Ukraine set comparator countries at 6‐digit level Harmonised Tariff Schedule (HS) 2000–...

This paper studies the role of trade in capital goods and investment-speci c technical change in the determination of the cross-country correlation of output and the volatility of the terms of trade. The cross-country correlation of output for G7 countries ranges from 0.42 to 0.85 and the relative volatility of the terms of trade ranges from 1.24 to 6.06. The standard model with total factor pr...