scholarly journals Conditional forecasts of tourism exports and tourism export prices of the EU-15 within a global vector autoregression framework

2018 ◽  
Vol 4 (2) ◽  
pp. 121-138 ◽  
Author(s):  
Ulrich Gunter
Keyword(s):  
Vector Autoregression ◽  
Export Prices ◽  
Global Vector ◽  
The Eu

EU will offset the drop of China's NME status

2016 ◽  
Keyword(s):  
European Commission ◽  
Market Economy ◽  
Domestic Market ◽  
Fourth Quarter ◽  
Content Type ◽  
Export Prices ◽  
Standard Methodology ◽  
Legal Challenges ◽  
Chinese Export ◽  
The Eu

Subject Prospects for the EU dropping China from its NME list. Significance On July 19, European Commission officials presented their plan to tackle the expiry on December 11 of a provision in China's WTO accession protocol, which allows WTO members to derogate from regular anti-dumping rules towards China. The EU has used this derogation to classify China as a 'non-market economy' (NME) in its anti-dumping regulation. Such status requires the application of the 'analogue country' methodology for dumping calculation. Pursuant to it, Chinese export prices are not compared to the price of Chinese products on their domestic market, but to the price of the product concerned in a comparable market economy. This generates higher dumping margins and duties than under the regular methodology. Impacts The upcoming proposal is unlikely to close the debate between opponents to and supporters of China's MES. Under pressure from some businesses, the EU may apply a non-standard methodology for dumping calculation after December 11. This new methodology may give rise to legal challenges and be questioned in the longer term. Clarity on this matter is unlikely before the fourth quarter given the way the EU works.

scholarly journals Unilateral Trade Preferences in the EU: An Empirical Assessment for the Case of Mozambican Exports

2012 ◽  
Vol 2012 ◽  
pp. 1-11
Author(s):  
Xavier Cirera ◽  
Andrea Alfieri
Keyword(s):  
Developing Countries ◽  
Developing Country ◽  
Developed Countries ◽  
Product Lines ◽  
Export Prices ◽  
Export Margins ◽  
Potential Impact ◽  
Trade Preferences ◽  
The Impact ◽  
The Eu

Unilateral trade preferences are one of the most important instruments offered by developed countries to foster developing country exports. This paper analyzes the impact of unilateral trade preferences on developing countries by focusing on the experience of Mozambique. In this paper, we analyze whether unilateral preferences offered by the EU are “valuable” for Mozambican exporters based on the impact on preferential margins, utilization rates, and export prices. We use a detailed dataset with cif unit values at HS8-digits level covering the period 2000–2007. Our findings indicate that (i) for a large number of product lines, export margins are zero; (ii) utilization rates are generally high; however, (iii) this does not translate into a positive price margins captured by Mozambican exporters compared to MFN competitors. These findings cast doubts on the “value” of preferences and their potential impact on developing country exports.

scholarly journals Analysis of the Competitiveness of the Turkish Textile and Clothing Sector in the European Union Market

2019 ◽  
Vol 27 (2(134)) ◽  
pp. 9-18 ◽  
Author(s):  
Seher Kanat
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
National Economy ◽  
International Competition ◽  
The European Union ◽  
Trade Surplus ◽  
Export Prices ◽  
Average Unit ◽  
The Eu

The Turkish textile and clothing sector maintains its significance and place in the national economy and exports despite the increasing international competition. The European Union-28 (EU-28) countries are some of the most significant markets in which the sector possesses a net foreign trade surplus. In this context, this study aims to analyse the competitiveness of the Turkish textile and clothing sector in the EU market. Therefore Turkey’s textile and clothing trade with the EU-28 countries is analysed in detail within the scope of the research. Besides this, the decadal unit export prices of Turkey and its rivals in the EU-28 market are calculated and evaluated. Finally the competitiveness of Turkey and its rivals in the EU market is analysed with Balassa and Vollrath indices. According to the results obtained, the Turkish textile and clothing sector maintains its importance and competitiveness in the EU market with regard to average unit export prices per kilogram and average Balassa and Vollrath index values.

scholarly journals Wahania cykliczne na światowym rynku cukru

2019 ◽  
Vol 19(34) (2) ◽  
pp. 186-195
Author(s):  
Piotr Szajner
Keyword(s):  
Economic History ◽  
Sugar Industry ◽  
World Market ◽  
Global Market ◽  
Regulation System ◽  
Market Regulation ◽  
Export Prices ◽  
The World ◽  
The Business Cycle ◽  
The Eu

In the economic history of the world, sugar is considered one of the first global products, and the supply-demand in the global market has had a major impact on the development of local markets. The Polish sugar sector has been under the influence of the world market for many years. The reform of the sugar market regulation system in the EU has made the EU and domestic markets increasingly dependent on the world market. The production potential of the domestic sugar industry is greater than the demand on the internal market and the excess supply is directed to exports. The global market is characterized by cyclical fluctuations, which are determined by the cyclical nature of sugar cane cultivation. The length of the business cycle has been reduced to 2-3 years. The world market prices affect domestic sales and export prices and the financial performance of the sugar industry.

scholarly journals Evaluating a Global Vector Autoregression for Forecasting

2012 ◽  
Vol 18 (3) ◽  
pp. 247-258 ◽  
Author(s):  
Neil R. Ericsson ◽  
Erica L. Reisman
Keyword(s):  
Vector Autoregression ◽  
Global Vector

scholarly journals Evaluating a Global Vector Autoregression for Forecasting

2012 ◽  
Vol 2012 (1056) ◽  
pp. 1-20 ◽  
Author(s):  
Neil R. Ericsson ◽  
◽  
Erica L. Reisman
Keyword(s):  
Vector Autoregression ◽  
Global Vector

A global vector autoregression model for softwood lumber trade.

2021 ◽  
pp. 174-193
Author(s):  
Fatemeh Mokhtarzadeh
Keyword(s):  
Export Price ◽  
Propagation Mechanism ◽  
Impulse Response Functions ◽  
Vector Autoregressive ◽  
Softwood Lumber ◽  
Export Prices ◽  
Country Level ◽  
Housing Starts ◽  
Global Vector ◽  
Comprehensive Framework

Abstract A novel econometric approach is developed in this chapter, namely, the Global Vector Autoregressive (GVAR) model. It provides a comprehensive framework for analyzing the country-level impacts of various domestic, foreign, and/or global shocks on softwood lumber trade. The GVAR approach is applied to Canada-U.S. trade in softwood lumber and used to analyze the effect of external shocks on Canadian lumber prices. Findings indicate that Canada's export prices are positively correlated to U.S. housing starts and real GDP. Further, using impulse response functions, it is used to examine the effects on regional lumber export prices in Canada of: (1) a change in U.S. housing starts; (2) a reduction in U.S. GDP by one standard deviation; (3) a COVID-19 induced decline in U.S. GDP (of three standard deviations); (4) an increase in global oil prices; and, in the Appendix, (5) an increase in the long-term interest rate. Price impacts vary a great deal by Canadian region depending on the type of shock, with the propagation mechanism in Alberta significantly different from that in other regions. For example, with an oil price shock and because Alberta is a major exporter of oil, the lumber export price remains high even as the shock dissipates over time.

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