scholarly journals 6 Trade openness of Polish and Spanish regions

2021 ◽  
pp. 80-85
Author(s):  
Tomasz Brodzicki
2011 ◽  
pp. 118-138
Author(s):  
N. Ryzhova

The article deals with the incentives for increasing international trade centralization and restricting trade border regions openness in reformed economy. Two groups of incentives are determined in terms of new political economy approaches: fear of separatism and reluctance of income redistribution. The situation with the radical international trade reform in Russia, followed by correction of trade openness, illustrates key moments in the concepts.


2015 ◽  
pp. 42-59
Author(s):  
Saba Ismail ◽  
Shahid Ahmed

The research objective of this paper is to explore the empirical linkages between economic growth and foreign direct investment (FDI), gross fixed capital formation (GFCF) and trade openness in India (TOP) over the period 1980 to 2013. The study reveals a positive relationship between economic growth and FDI, GFCF and TOP. This study establishes a strong unidirectional causal flow from changes in FDI, trade openness and capital formation to the economic growth rates of India. The impulse response function traces the positive influence of these macro variables on the GDP growth rates of India. The study also reveals that the volatility of GDP growth rates in India is mainly attributed to the variation in the level of GFCF and FDI. The study concludes that the FDI inflows and the size of capital formation are the main determinants of economic growth. In view of this, it is expected that the government of India should provide more policy focus on promoting FDI inflows and domestic capital formations to increase its economic growth in the long-term.


2017 ◽  
Vol 5 (1) ◽  
pp. 49
Author(s):  
Marlon A. Mojica ◽  
Virgilio M. Tatlonghari

This paper examines the empirical relationship between unemployment and real output in the Philippines utilizing quarterly data from the Labor Force Survey by the Philippine Statistics Authority for the period from 1990-2014. The study employed three variants of Okun’s Law – the “gap” approach, the “first difference” approach, and a dynamic approach.   Findings show that the Okun’s coefficients based on the gap approach are consistent with the theoretical expectation of a negative relationship.  In the ARDL model, labor force participation rate and trade openness were found to be significantly related to unemployment. The result of dummy variable test revealed the presence of structural break following the re-definition of unemployment in the Philippines in 2005. Recursive least squares and rolling regressions show evidence of parameter instability in several sub-periods.


2010 ◽  
Vol 10 (5) ◽  
pp. 831-840 ◽  
Author(s):  
Ángel De Miguel ◽  
Eloy García ◽  
Irene De Buestamante

Virtual water is defined as the water needed to produce a product. We can use virtual water flow calculations to estimate the water efficiency of a country, as well as its economic dependence on water resources. Former studies on this area have focused on quantifying the virtual water flows between countries, in an international context. In this study we reduce the action framework to regions within a country, determining the virtual water balance between two Spanish regions: Castilla-La Mancha and Murcia. In 2004, Castilla-La Mancha exported to Murcia 2,453,442 tons of commercial products, from which 1,191,628 tons were agricultural goods. In terms of virtual water, it means 1,365 hm3, including food-processing, and industrial products. It is necessary to add 350 hm3 to the result, because of the water transfer (Tajo-Segura transfer) between the rivers basins of these regions, so the final virtual water number, in 2004, was 1,715 hm3. The other way round, Murcia exported in 2004 2,069,000 tons of products, from which 490,351 tons were agricultural goods. That supposes 712 hm3 of virtual water. Virtual water flow is unbalanced and displaced towards Murcia with a difference of 1,003 hm3.


2021 ◽  
Vol 13 (13) ◽  
pp. 7011
Author(s):  
Abdulaziz A. Alotaibi ◽  
Naif Alajlan

Numerous studies addressed the impacts of social development and economic growth on the environment. This paper presents a study about the inclusive impact of social and economic factors on the environment by analyzing the association between carbon dioxide (CO2) emissions and two socioeconomic indicators, namely, Human Development Index (HDI) and Legatum Prosperity Index (LPI), under the Environmental Kuznets Curve (EKC) framework. To this end, we developed a two-stage methodology. At first, a multivariate model was constructed that accurately explains CO2 emissions by selecting the appropriate set of control variables based on model quality statistics. The control variables include GDP per capita, urbanization, fossil fuel consumption, and trade openness. Then, quantile regression was used to empirically analyze the inclusive relationship between CO2 emissions and the socioeconomic indicators, which revealed many interesting results. First, decreasing CO2 emissions was coupled with inclusive socioeconomic development. Both LPI and HDI had a negative marginal relationship with CO2 emissions at quantiles from 0.2 to 1. Second, the EKC hypothesis was valid for G20 countries during the study period with an inflection point around quantile 0.15. Third, the fossil fuel consumption had a significant positive relation with CO2 emissions, whereas urbanization and trade openness had a negative relation during the study period. Finally, this study empirically indicates that effective policies and policy coordination on broad social, living, and economic dimensions can lead to reductions in CO2 emissions while preserving inclusive growth.


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