scholarly journals Influence of the US and China on the Trade between Developing Country Dyads: Panel Quantile Gravity Model

Author(s):  
Semih KARACAN
2018 ◽  
Vol 63 (05) ◽  
pp. 1385-1403 ◽  
Author(s):  
KITAE SOHN ◽  
ILLOONG KWON

Trust was found to promote entrepreneurship in the US. We investigated whether this was true in a developing country, Indonesia. We failed to replicate this; this failure was true whether trust was estimated at the individual or community level or whether ordinary least squares (OLS) or two stage least squares (2SLS) was employed. We reconciled the difference between our results and those for the US by arguing that the weak enforcement of property rights in developing countries and the consequent hold-up problem make it more efficient for entrepreneurs to produce generic goods than relationship-specific goods—producing generic goods does not depend on trust.


2017 ◽  
Vol 52 (3) ◽  
pp. 171-184 ◽  
Author(s):  
Masoud Moghaddam ◽  
Jie Duan

The US trade deficit with China has existed for a long time, and its dollar value has been on the rise recently. It is widely believed that the main culprit is the manipulated value of Renminbi relative to the US dollar. Towards that end, this article re-examines the spot exchange rate and bilateral trade nexus using the Fourier approximation and a variant of the well-known gravity model during the sample period 1993: q1–2014: q1. Although China’s exports to the US Granger cause the exchange rate in a co-integrated space, the findings of a vector error correction model indicate that there is not a strong relation between the two. Indeed, within the aforementioned sample, only 15.52 per cent of changes in China’s exports to the USA are attributable to changes in the spot exchange rate. This is noticeably much smaller than impacts of the other variables utilized in the estimated gravity model. As such, the palpable trade imbalance between the USA and China cannot be single-handedly blamed on the spot exchange rate manipulations.


Author(s):  
Bassel Abouzeid ◽  
Georges Elhasbany ◽  
Jawad Abouzeid ◽  
souheil Hallit ◽  
Karl Jallad

2007 ◽  
Vol 6 (1) ◽  
pp. 135-148
Author(s):  
J. MICHAEL FINGER

The WTO, we hope, is an institution that mutes the importance of raw power – provides a system for working out problems among countries in which the interests of smaller countries are not always overwhelmed by those of larger. The two books reviewed both address this issue, but in different ways. The Odell volume (a collection of studies by different analysts) reviews a number of WTO events in which developed and developing country interests were at odds; e.g., the ‘bananas dispute’ involving Ecuador, the US, and the European Communities. The studies in that volume document the skill of developing country negotiators to use the system to their advantage; they demonstrate that the WTO process often came to outcomes more favorable to smaller countries than a simple weighing of relative power would imply.


Sex Roles ◽  
2008 ◽  
Vol 60 (3-4) ◽  
pp. 174-185 ◽  
Author(s):  
Mary Crawford ◽  
I-Ching Lee ◽  
Galina Portnoy ◽  
Alka Gurung ◽  
Deepti Khati ◽  
...  

Author(s):  
Shafiullah Farzayee

The progress of technology is currently remarkable and very fast, especially Artificial Intelligent or AI. China, as the largest emerging and biggest developing country, has significant AI growth. It is near that China will probably become the pioneer in the fifth generation of technologies, making the US worry. Along with its remarkable economic growth, China makes research and development agenda as the top priority. In this regard, this paper seeks to explain China and the future of AI, including its current progress.


Agriculture ◽  
2020 ◽  
Vol 10 (8) ◽  
pp. 338 ◽  
Author(s):  
João Gilberto Mendes dos Reis ◽  
Pedro Sanches Amorim ◽  
José António Sarsfield Pereira Cabral ◽  
Rodrigo Carlo Toloi

Soybean is one of the main sources of protein directly and indirectly in human nutrition, and it is highly dependent on logistics to connect country growers and international markets. Although recent studies deal with the impact of logistics on international trade, this impact in agricultural commodities is still an open research question. Moreover, these studies usually do not consider the influence of all components of the logistics on trade. This paper, therefore, aims at identifying the role of logistics performance in soybean exports among Argentina, Brazil, the US and their trading partners from 2012 to 2018. Using an extended gravity model, we examine whether the indicators of the World Bank Logistics Performance Index (LPI), adopted as a proxy of logistics efficiency, are an important determinant of bilateral soybean trade facilitation. The results lead to the conclusion that it is necessary to analyze the LPI throughout its indicators because they may affect trade differently. The novelty of this article is to provide an analysis of the impact of different logistics aspects on commodity trade, more specifically in the soybean case. Finally, regarding the model results, logistics infrastructure has a positive and significant correlation with soybean trade as supposed in most of the literature.


Author(s):  
Alphanso Williams ◽  
William A. Kerr

The mandating of increased use of biofuels in transportation fuel in the US initially appeared to offer considerable benefits for developing countries via production and export of sugar cane-based ethanol. This was particularly the case after the contribution of corn-based ethanol was capped at approximately current production levels in the wake of the food price crisis starting in 2007. Closer examination of the complex US biofuels mandate, however, suggests that market access opportunities for developing countries will be much smaller than originally hoped. Current inconsistencies in US biofuels policy increase the riskiness of any developing country investments in the production of biofuels crops and co-requisite infrastructure. As a result, there appears to be little interest in investment in trade-related ethanol activities in developing countries.


Author(s):  
Bassel Abouzeid ◽  
Georges El Hasbani ◽  
Jawad Abouzeid ◽  
Souheil Halleit ◽  
Karl Jallad

Sign in / Sign up

Export Citation Format

Share Document