THE IMPACT OF TAX REGIMES ON INTERNATIONAL TRADE PATTERNS

Abstract We empirically investigate the responsiveness of international trade to the stringency of environmental regulation. Stringent environmental regulation may impair the export competitiveness of dirty domestic industries, and as a result, pollution havens emerge in countries where environmental regulation is relatively less stringent. We examine the impact of pollution abatement and control costs on net exports in order to grasp this phenomenon. Theoretically, our analysis is related to a general equilibrium model of trade and pollution nesting the pollution haven motive for trade with the factor endowment motive. We analyze data on two-digit ISIC manufacturing industries during the period 19771992 in Germany, the Netherlands and the US, and show that trade patterns in dirty commodities are jointly determined by relative factor endowments and environmental stringency differentials.

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International trade: Research of the reasons for the fall

Voprosy Ekonomiki ◽

10.32609/0042-8736-2019-1-79-91 ◽

2019 ◽

pp. 79-91 ◽

Cited By ~ 2

Author(s):

V. S. Nazarov ◽

S. S. Lazaryan ◽

I. V. Nikonov ◽

A. I. Votinov

Keyword(s):

Growth Rate ◽

International Trade ◽

Exchange Rate ◽

Global Economy ◽

Structural Changes ◽

Global Value Chains ◽

Value Chains ◽

Negative Contribution ◽

Basic Commodity ◽

The Impact

The article assesses the impact of various factors on the growth rate of international trade. Many experts interpreted the cross-border flows of goods decline against the backdrop of a growing global economy as an alarming sign that indicates a slowdown in the processes of globalization. To determine the reasons for the dynamics of international trade, the decompositions of its growth rate were carried out and allowed to single out the effect of the dollar exchange rate, the commodities prices and global value chains on the change in the volume of trade. As a result, it was discovered that the most part of the dynamics of international trade is due to fluctuations in the exchange rate of the dollar and prices for basic commodity groups. The negative contribution of trade within global value chains in 2014 was also revealed. During the investigated period (2000—2014), such a picture was observed only in the crisis periods, which may indicate the beginning of structural changes in the world trade.

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The impact of exchange rate on price and export of agricultural production

American Journal of Economics and Business Management ◽

10.31150/ajebm.vol1.iss4.37 ◽

2018 ◽

Vol 1 (4) ◽

pp. 9-18

Author(s):

Rasulov Tulkin Sattarovich ◽

Khushvaktov Kuvonchbek Ravshanovich

Keyword(s):

International Trade ◽

Exchange Rate ◽

Agricultural Production ◽

Global Economy ◽

Agricultural Economics ◽

Agricultural Products ◽

Pivotal Role ◽

Price Formation ◽

International Trade Laws ◽

The Impact

In today’s world of swiftly increasing global economy and continuously changing international trade laws and technology exchange rate plays a pivotal role in the production, price formation, export and import of agricultural products. For many years exchange rate as an integral part of agricultural economics has been ignored. The present study was intended to investigate exchange rate as an impacting factor on the agricultural production. It also considers the researches that have been carried about the impact of the exchange rate on prices and export of agricultural products, theirs analyses and how much impact it has in the situation of Uzbekistan.

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