Nontraded Goods and the Balance of Trade in a Neo-Keynesian Temporary Equilibrium

1980 ◽  
Vol 95 (3) ◽  
pp. 403 ◽  
Author(s):  
J. Peter Neary
Keyword(s):  
Temporary Equilibrium ◽  
Nontraded Goods ◽  
Balance Of Trade

Farzana Naqvi. Energy, Economy and Equity Interactions in a CGE Model for Pakistan. Aldershot: Ashgate Publishing Company, 1997. Hardbound. Price not given. xxii+290 pages.

1999 ◽  
Vol 38 (2) ◽  
pp. 219-222
Author(s):  
Hina Nazli
Keyword(s):  
Negative Impact ◽  
Commodity Prices ◽  
Government Revenue ◽  
Foreign Markets ◽  
Nontraded Goods ◽  
Real Gdp ◽  
International Donor ◽  
Energy Economy ◽  
Balance Of Trade ◽  
Donor Agencies

Modernisation of the agricultural, industrial and household sectors causes the demand for energy to increase more rapidly than its supply. In countries that aim to modernise quickly a heavy investment is required to redress this imbalance. That is why in countries such as Pakistan, the energy has remained on the top of the agenda of loan negotiation with international donor agencies. Energy serves as both a final consumption good and as an essential intermediate input in the production of goods. Thus any change in the price of energy at both these levels affects consumption as well as production and that, in turn, can cause changes in the prices of all other commodities. A change in the prices of exportables affects their demand in foreign markets and any change in the prices of import-competing and nontraded goods affects their demand at home. The net effects of all these changes can be measured in terms of the effects on real GDP, balance of trade, and government revenue. And, because any change in commodity prices exerts a negative impact on real consumption of households; the formulation of a comprehensive energy policy requires a framework that can take the immense complexity of the linkages of all the sectors of the economy into consideration. In the book under review, Dr Farzana Naqvi, argues that the issues of energy pricing can not be examined in isolation and presents a general equilibrium framework to address the complex issues related to energy, economy and equity.

Terms and Balance of Trade of Indian Agricultural Sector during Pre and Post-WTO Period

2020 ◽  
pp. 288-293
Keyword(s):  
Agricultural Sector ◽  
Secondary Data ◽  
Terms Of Trade ◽  
Basmati Rice ◽  
Agricultural Exports ◽  
Unit Value ◽  
The Us ◽  
Balance Of Trade ◽  
Frozen Shrimp ◽  
Plantation Crops

India is the world’s third-largest economy after the US and China. India is also one of the leading producer of spices, fish, poultry, livestock and plantation crops, and leading exports consisted of basmati rice, meat of bovine animals, frozen shrimp and prawns, cotton and refined sugar. The study was based on secondary data collected from the various published sources, viz., various issues of handbook of RBI, FAO trade yearbook, Statistical Abstract of India, FAOSTAT, etc. The data were grouped into two periods Pre-WTO 1975-94 and Post-WTO 1995-2015.The exports volume indices for agricultural sector of India were increased by 129.41 percent from 17 in 1975 to 39 in 1994. Besides, the volume indices of imports declined by 56.16 percent from 73 in 1975 to 32 in 1994 for agricultural sector of India. The unit value indices of agricultural exports of India declined by 17.69 percent from 113 in 1975 to 93 in 1994. However, the agricultural import indices grew considerably 171.42 percent from 42 in 1975 to 114 in 1994.The quantity terms of trade for agricultural sector of India was deteriorated by 80.89 percent from 429.41 in 1975 to 82.05 in 1994. Likewise, value terms of trade for agricultural sector of India also depreciated by 67.44 percent from 269.05 in 1975 to 81.58 in 1994. The exports volume indices for agricultural sector of India were increased by 125 percent from 72 in 1995 to 162 in 2015. The volume indices of imports were also enlarged by 934.78 percent from 23 in 1995 to 238 in 2015 for agricultural sector of India. The unit value indices, which measure the average price realization, indicated a significant increase in unit value indices of agricultural exports of India turn up by 131.76 percent from 85 in 1995 to 197 in 2015. However, the agricultural import indices declined by 0.64 percent during post-WTO period. The quantity terms of trade, as well as value terms of trade for agricultural sector of India, was improved by 359.95 and 133.25 percent, respectively during post-WTO regime. The trade balance of Indian agricultural sector showed a favorable balance during pre-WTO period as well as post-WTO period.

Broken Promises and the Rise of a Stereotype

2018 ◽  
Author(s):  
Koji Yamamoto
Keyword(s):  
Social Psychology ◽  
Sixteenth Century ◽  
Public Service ◽  
Political History ◽  
Negative Image ◽  
The Poor ◽  
The Social ◽  
The Reformation ◽  
Balance Of Trade

Projects began to emerge during the sixteenth century en masse by promising to relieve the poor, improve the balance of trade, raise money for the Crown, and thereby push England’s imperial ambitions abroad. Yet such promises were often too good to be true. This chapter explores how the ‘reformation of abuses’—a fateful slogan associated with England’s break from Rome—came to be used widely in economic contexts, and undermined promised public service under Elizabeth and the early Stuarts. The negative image of the projector soon emerged in response, reaching both upper and lower echelons of society. The chapter reconstructs the social circulation of distrust under Charles, and considers its repercussions. To do this it brings conceptual tools developed in social psychology and sociology to bear upon sources conventionally studied in literary and political history.

CORPORATE TAXES AND THE UNITED STATES BALANCE OF TRADE: REPLY

1973 ◽  
Vol 26 (4) ◽  
pp. 655-655
Author(s):  
MAURICE D. WEINROBE
Keyword(s):  
United States ◽  
The United States ◽  
Corporate Taxes ◽  
Balance Of Trade

An Analysis of the Structure of Trade Between Australia and China: An Australian Perspective

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Andrew Marks
Keyword(s):  
Adverse Effects ◽  
Employment Growth ◽  
Strategic Trade Policy ◽  
Negative Effects ◽  
Trade Surplus ◽  
Strategic Trade ◽  
Primary Products ◽  
The World ◽  
Balance Of Trade ◽  
Structure Of Trade

AbstractThe structure of exports from Australia to China reveals the dominance of primary products with the structure of imports from this country reflecting the over-reliance on manufacturing goods. This has restrained and led to fluctuations in the balance of trade surplus in Australia thereby leading to lower than otherwise and more volatile output and employment growth. The pattern of trade between Australia and China is representative of trade between Australia and the rest of the world thereby magnifying these adverse effects. Strategic trade policy has the potential to alleviate these negative effects on output and employment growth in Australia.

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