As a result of recent developments, global economic centre of gravity has slide to Asia-Pacific region. It is predicted that Asia-Pacific countries will take place at the first row in global trade and nearly a half of the total trade will intensify in this region at the year 2030. On the other hand, the region covers countries from different levels of development. These features of the region p...

This paper empirically studies the effect of remittances on growth volatility. Using a panel of 60 countries over the period 1980-2004 the results suggest that remittances reduce growth volatility in environment with low level of financial development. This stabilizing effect of remittances is nonlinear i.e. it decreases with the level of remittances. The results also suggest that the dampening...

Gravity Equations are broadly used to estimate the impacts of trade impediments on trade flows. It is often stated that results are implausibly high. In theoretical foundations of the gravity equation, trade costs usually enter as "icebergmelting-costs". This paper offers an alternative approach to model trade costs. From a microeconomic point of view, trade costs should depend on trade input p...

This paper evaluates the impact of China’s WTO accession on patterns of world trade and economic growth by a recursive dynamic, 17-region, 25-sector computable general equilibrium (CGE) model with import embodied technology transfer based on actual market access commitments that China and Taiwan have made to date. The simulation results show that the major gains from WTO accession would accrue ...

We analyze the impact of trade in a differentiated good on environmental policy when there is local and transboundary pollution. In autarky, the (equivalent) pollution tax is set equal to the marginal damage from own emissions. If the strategic policy instrument is a tax, leakage occurs under trade and tends to lower the tax. The net terms of trade effect, due to the exportable and importable v...

trade linearization according to scale, composite, and technology effects, changes the environment quality. on the other hand, trade liberalization, increases capital flow in the world. based on pollution haven hypothesis, polluted intensive industries move from the countries with stringent environmental policies to those with more relaxed environmental policies. in order to evaluate the effect...

This paper surveys recent developments in the literature on trade facilitation, defined broadly as reform of non-tariff barriers. The paper looks at what trade facilitation is, why it matters, how to measure it, the gains from reform, and ways to implement it at the global, regional and unilateral level. JEL Classification: F13, F15.

Early COVID-19 presence and related deaths in Turkish cities can be explained by their international trade volume. Trade with China has a higher impact on the pandemic against total of cities. The ordering between imports, exports varies depending stage pandemic. As were sealed off many countries, continuing country increasing case numbers. Key Words: COVID-19, City-level Data Analysis, Interna...