scholarly journals Modeling the Direction and Volume of Trade Flows in Global Crisis, COVID-19

Author(s):  
Aayush Tyagi ◽  
Urmi Shah
2020 ◽  
Vol 43 (10) ◽  
pp. 1157-1181
Author(s):  
Kalpana Tokas ◽  
Arnab Kumar Deb

Purpose The paper is in the area of international business and international trade. Specifically, this paper aims to focus on cross-border trade flows of goods and services between India and its partner nations. Design/methodology/approach Using the Cultural, Administrative, Geographic and Economic (CAGE) distance framework (Ghemawat, 2001), this paper provides empirical support for the impact these distance factors exert on the volume of trade in goods and services between countries. The sample used for empirical analysis consists of a set of 62 OECD countries which are involved in trade in goods and services with India over the period 2005 through 2015. This paper estimates a fixed-effects model to provide a comprehensive examination of all the distance factors impacting the bilateral cross-border trade flows of India. Findings The empirical findings in this paper show that different dimensions of the CAGE distances have varied influence on volume of trade flows between India and its trading partners. Also, the extent of this influence is guided by the nature of industries – manufacturing or services. Originality/value Departing from the common practice in the literature, using the trade flow data for both Indian manufacturing and service sectors separately, this paper examines to what extent is the impact of these distance factors industry driven.


1990 ◽  
Vol 131 ◽  
pp. 52-56 ◽  
Author(s):  
Nigel Pain ◽  
Peter Westaway

Most discussion of the balance of payments and its implications for exchange-rate prospects and economic policy falls into two distinct categories. Some authors focus on the current account alone while others argue that in a world of liberalised capital markets information from the volume of trade flows will simply be swamped by flows of highly mobile international capital. In this note we argue that both these viewpoints are too extreme; in aggregate both the current and capital accounts will matter.


2014 ◽  
pp. 4-32 ◽  
Author(s):  
V. Mau

The paper deals with Russian social and economic development in 2013 and prospects for the next year or two. The author discusses the logic and trends of the global crisis started in 2008. This is the basis for further analysis of current Russian economic performance with special emphasis on the problem of growth rates deceleration. Special attention is paid to economic risks and priorities of economic policy.


2017 ◽  
Vol 5 (1) ◽  
pp. 25-43
Author(s):  
Deniz Özalpman

Since the mid-2000s, Turkish television drama series have been exported to many countries and attracted an unprecedented transnational audience. However, despite popularity, there is paucity of research focusing on the transnational understanding(s) of Turkish television drama audiences in different geographies. Through a reception analysis of three mostly cited television series among participants Muhteşem Yüzyıl (Magnificent Century), Aşk-ı Memnu (Forbidden Love), Kuzey Güney (North South), this study aimed at offering an understanding beyond overly stated cultural/religious proximity explanations to ascertain traces and elements of empowerment that citizens feel coming through their act of consuming Turkish dramas. For that purpose, in-depth interviews were conducted with Iranian viewers of Turkish television series living in the Austrian capital Vienna. Interpretation of that collected qualitative material suggests re-thinking of the transnational audience’s consumption practices that expand tourism and trade flows and other related businesses between the two countries. 


2015 ◽  
Vol 3 (1) ◽  
pp. 122
Author(s):  
Eugen Musta ◽  
Elvin Meka

The last global crisis had it influence on Albanian economy as well. As the economy is still struggling to recover from the slowdown, a special attention is dedicated to lending which will in turn help investments pick up. Banks in Albania are currently flooding in excess deposits, but meanwhile the lending has hit its lowest score. What is refraining banks from lending? Is it really them to blame or maybe the demand is also part of the problem? Are businesses suffering from lack of funds to finance their activity or are they hesitating to invest and are waiting for better times to come along? The purpose of this study is to look into these questions and find the reasons behind them. This paper is focused on the demand side, analyzing some of the most important indicators influencing the demand for credit like enterprises growth, profits, planned investments, working capital needs, liquidity, etc. In order to get better understanding on the behavior of these variables the enterprises are divided in four groups by size criteria. The analysis is covering data for five-year timeframe, which is corresponding with the start of the economic slowdown. To help getting a prospect of the present and the future perceptions of the economic situation, a survey was conducted on a small sample of enterprises. This study comes to the conclusion that the demand for credit is growing, but what’s keeping businesses from applying for it, is mainly because of high interest rates and cost of credit, the study ends with some recommendations toward the solution.


2020 ◽  
Vol 0 (2) ◽  
pp. 83-89
Author(s):  
R.I. NIGMATULIN ◽  
◽  
B.I. NIGMATULIN ◽  
Keyword(s):  

Author(s):  
Ольга Сергеевна Чудинова ◽  
Екатерина Николаевна Корнейченко ◽  
Ольга Борисовна Чаганова ◽  
Анастасия Михайловна Ротова

В статье представлены результаты проверки адекватности гравита-ционной модели в условиях глобализации мировой торговли. По статистическим данным для стран СНГ за 2011-2018 годы на основе гравитационной модели исследовано влияние масштаба экономики торговых партнеров и расстояния между странами на объем импорта. The article presents the results of assessing the adequacy of the gravity model in the context of world trade globalization. According to statistics for the CIS countries for 2011-2018 the effect of size of economies and distance between the countries on import volumes is studied on the basis of gravity model.


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