Contracts and Export Behavior

2015 ◽  
Author(s):  
Pol Antràs
Keyword(s):  
International Trade ◽  
Trade Flows ◽  
Contract Enforcement ◽  
Export Decisions ◽  
Global Organization ◽  
Contractual Relationships ◽  
The World ◽  
Organization Of Production

This chapter develops simple imperfect-contracting variants of the Melitz model of exporting and discusses empirical evidence suggestive of the role of these frictions as determinants of the structure of international trade flows. It explores both theoretically as well as empirically the significance of weak contract enforcement for the export decisions of firms and, more broadly, for the structure of international trade flows. As explained in Chapter 1, the rapid growth in intermediate input trade has been one of the most prominent developments in the world economy in recent years. At the same time, the contractual relationships that support the phenomenon of offshoring are much more intricate than those that support the mere shipment of goods across countries. Thus, weak contract enforcement has the potential to affect the global organization of production in more profound ways than has been studied so far.

scholarly journals Logística e comércio internacional da fruticultura no estado de Minas Gerais - Brasil

2019 ◽  
pp. 28-53
Author(s):  
Igor Martins Oliveira ◽  
Luiz Andrei Gonçalves Pereira
Keyword(s):  
International Trade ◽  
World Economy ◽  
International Markets ◽  
Minas Gerais ◽  
Trade Flows ◽  
The Road ◽  
Goods And Services ◽  
The World ◽  
Import And Export ◽  
Transport Logistics

Na era globalização, a economia mundial tem vivenciado um processo de reestruturação produtiva, intensificando os fluxos nos territórios inerentes às interações espaciais de recursos, de bens e de serviços que circulam entre os mercados nacionais e internacionais. O objetivo deste trabalho é analisar as dinâmicas socioespaciais dos fluxos de comércio internacional do estado de Minas Gerais por meio da logística das redes de importações e de exportações de frutas, no período de 2000 a 2017. Como resultado, identificou-se que, no mercado externo de frutas, Minas Gerais se relaciona comercialmente com 88 países, sendo 52 nas redes de exportação e 36 na rede de importação. Na operacionalização dos fluxos no comércio global, a logística de transportes foi realizada através dos modais rodoviário, marítimo e aéreo, configurando-se como um elemento geográfico, visto que as transações comerciais demandam o gerenciamento da fluidez, do planejamento e da organização dos diferentes territórios.PALAVRAS-CHAVE: Logística, Comércio Internacional, Fruticultura. ABSTRACTIn the era of globalization, the world economy has undergone a process of productive restructuring, intensifying flows in the territories inherent to the spatial interactions of resources, goods and services that circulate between national and international markets. The objective of this work is to analyze the sociospatial dynamics of the international trade flows of the state of Minas Gerais through the logistics of import and export fruit networks, from 2000 to 2017. As a result, it was identified that in the market Minas Gerais has a commercial relationship with 88 countries, 52 in export networks and 36 in the import network. In the operationalization of flows in global trade, transport logistics was carried out through the road, sea and air modalities, being configured as a geographic element, since commercial transactions demand the management of the fluidity, planning and organization of the different territories.KEYWORDS: Logistic, International Trade, Fruticulture.

scholarly journals International Trade in Goods and Services: Aspects of Monetary and Financial Relations

2020 ◽  
Vol 19 (4) ◽  
pp. 40-49
Author(s):  
E.V. Potekhina ◽  
◽  
A.D. Efremova ◽  
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
World Economy ◽  
International Division ◽  
Goods And Services ◽  
Number Of Factors ◽  
The World ◽  
The Russian Federation ◽  
National Economies

the article examines such topical problems of the world economy as the peculiarities of interaction between the subjects of the world economy, international trade, international monetary and financial relations, the role of the exchange rate for national economies. The issues of the national economy of the Russian Federation and the degree of the country’s participation in the international division of labor and its openness are considered. In this paper, using the example of Russia, the export of goods and services is analyzed, its relationship with a number of factors (exchange rate and oil price), where the main tools are methods of statistical and econometric analysis.

scholarly journals Caratteristiche e mutamenti del commercio agro-alimentare: un confronto fra Italia ed India

2009 ◽  
pp. 151-167
Author(s):  
Donatella Privitera ◽  
Bernardo Rognetta
Keyword(s):  
Emerging Countries ◽  
Trade Flows ◽  
Closed Economy ◽  
Trade Patterns ◽  
Trade Reforms ◽  
The World ◽  
Trade Growth ◽  
Jel Code ◽  
Flows Over Time

- This paper examines the product specialisation of Italian trade over the period 2000-2006 to identify the roots of Italy's sluggish trade performance with respect to India. In particular, the analysis focuses on the role of product specialisation in relation to world trade growth and competition from emerging countries. We used trade indicators to describe and asses the state of trade flows and trade patterns of a particular country like India and also to monitor these flows over time and across countries. Till the early 1990s, India was a closed economy: average tariffs exceeded 200 percent, quantitative restrictions on imports were extensive, and there were stringent restrictions on foreign investment. The country began to cautiously reform in the 1990s, liberalizing only under conditions of extreme necessity. Since that time, trade reforms have produced remarkable results. The economy is now among the fastest growing in the world. This leads some to see India as a ‘rapid globalizer' while others still see it as a ‘highly protectionist' economy. India however retains its right to protect when need arises. Agricultural tariffs average between 30-40 percent, anti-dumping measures have been liberally used to protect trade. India is now aggressively pushing for a more liberal global trade regime, especially in services.JEL Code: Q17Key words: emerging countries, trade indicators; competitive pressures

scholarly journals Revising Emission Responsibilities through Consumption-Based Accounting: A European and Post-Brexit Perspective

2019 ◽  
Vol 11 (2) ◽  
pp. 488 ◽  
Author(s):  
Paola Fezzigna ◽  
Simone Borghesi ◽  
Dario Caro
Keyword(s):  
International Trade ◽  
Co2 Emissions ◽  
Trade Flows ◽  
Environmental Implications ◽  
Traded Goods ◽  
The World ◽  
Trading Partners ◽  
The Uk ◽  
The Impact ◽  
The Eu

International trade shifts production of a large amount of carbon dioxide (CO2) emissions embodied in traded goods from the importing country to the exporting country. The European Union (EU) plays a prominent role in the flow of international-related emissions as it accounts for the second largest share of global exports and imports of goods. Consumption-based accountings (CBA) emerged as alternative to the traditional emission inventories based on the Intergovernmental Panel on Climate Change (IPCC) guidelines. According to the IPCC criteria, countries where products are consumed take no responsibility for the emissions produced by exporter countries, thus neglecting the emissions embodied in trade. By taking this aspect into account, CBA are considered of great importance in revealing emissions attributed to the final consumer. Using a CBA approach, this paper evaluates the impact of international trade in the EU in terms of CO2 emissions, looking both at the internal trade flows within the EU-28 and at the external trade flows between the EU and the rest of the world during the period 2012–2015. We find that the EU is a net importer of emissions as its emissions due to consumption exceed those due to production. In particular, in 2015 the ratio between import- and export-embodied emissions was more than 3:1 for the EU-28 that imported 1317 Mt CO2 from the rest of the world (mainly from China and Russia) while exporting only 424 Mt CO2. Concerning emissions flows among EU countries, Germany represents the largest importer, followed by the UK. To get a deeper understanding on possible environmental implications of Brexit on UK emission responsibilities, the paper also advances a few hypotheses on how trade flows could change based on the existing trade patterns of the UK. Data analysis shows that a 10% shift of UK imports from EU partners to its main non-EU trading partners (India, China, and US) would increase its emission responsibility by 5%. The increase in UK emission responsibility would more than double (+11%) in case of a 30% shift of UK imports. Similar results would apply if UK replaced its current EU partners with its main Commonwealth trading partners as a result of Brexit.

scholarly journals International Trade and Development Law: A Legal Cultural Critique

2011 ◽  
Vol 4 (2) ◽  
Author(s):  
Colin Picker
Keyword(s):  
International Trade ◽  
International Law ◽  
International Development ◽  
Effective Interaction ◽  
Legal Culture ◽  
Cultural Critique ◽  
Legal Systems ◽  
Legal Traditions ◽  
The World

To the extent that international trade and development policy employs legal methods, institutions and participants, there is a need to take into account the role of legal culture. There are many different legal cultures in the world, including the widely found common and civil law traditions, as well as the many non-western legal traditions and sub-traditions found within the hundreds of different legal systems spread across the globe. International law has, however, traditionally eschewed consideration of legal culture—arguing that international law is unique, is sui generis, and as such domestic legal traditions were not relevant. Yet, the humans involved in creating and nurturing international legal fields and institutions will themselves reflect the legal culture of their home states, and will often import aspects of those legal cultures into international law. The same must be true of international development law. In addition, international legal fields, such as international development law, must often work within domestic legal systems, and as such they will directly interact with the domestic legal traditions. It is thus important to understand the interaction between the legal cultures reflected in the relevant part of that international law and in that of the domestic legal system. Such an understanding can be useful in ensuring the effective interaction of the two systems. This paper explores these themes, continuing the author’s past and ongoing consideration of the role of legal culture in international law, including its role within institutions such as the World Trade Organization.

Business and Social Networks in International Trade

2001 ◽  
Vol 39 (4) ◽  
pp. 1177-1203 ◽  
Author(s):  
James E Rauch
Keyword(s):  
Social Networks ◽  
International Trade ◽  
Technology Transfer ◽  
Market Structure ◽  
Domestic Market ◽  
Transnational Networks ◽  
Contract Enforcement ◽  
Production Networks ◽  
Over Time

The first two main sections survey the roles of transnational networks in alleviating problems of contract enforcement and providing information about trading opportunities, respectively. The next section covers how domestic networks influence international trade through their impact on domestic market structure. Two overarching questions unify these sections: how do networks affect efficiency, and will networks grow or shrink in importance for international trade over time. The last main sections develop research agendas for two less studied areas: the role of intermediaries who can connect foreign agents to domestic networks and the ability of transnational production networks to facilitate technology transfer.

Experience and Constructive Theology

2017 ◽  
Author(s):  
Heike Peckruhn
Keyword(s):  
Critical Inquiry ◽  
Bodily Experience ◽  
Constructive Theology ◽  
The World ◽  
The Way ◽  
Body Theology

Chapter 1 introduces the reader to the scope of the work, situates it in the scholarly field, and defines terms repeatedly used throughout the book, such as bodily experience, difference, constructive theology, and body theology. The chapter notes that the important question regarding bodily experience is not whether but how it will be valued. All experience is essentially bodily experience, and theology as a critical inquiry into our being in the world needs to consider experience as a resource by attending to bodily experience and the way it situates us in the world. The chapter previews the book’s aim to provide a robust and complex notion of “body theology” and demonstrate what kinds of analyses this re-envisioned approach can do, and to offer an integrated view of the role of perception in bodily experience.

International trade

2018 ◽  
Author(s):  
Анастасия Руднева ◽  
Anastasiya Rudneva
Keyword(s):  
International Trade ◽  
Graduate Students ◽  
Economic Security ◽  
State Regulation ◽  
Modern World ◽  
Economic Relations ◽  
Wide Range ◽  
The World ◽  
World Economic

The textbook examines the essence, place and role of international trade in the system of modern world economic relations and in ensuring international economic security, as well as forms and methods of international trade. Particular attention is paid to the specifics of pricing and state regulation of this form of MEO, including in the framework of the world trade organization, as well as trends in the development of international trade in the context of the transformation of its geographical and commodity structure, taking into account modern challenges and threats. The textbook is intended for bachelors studying in the direction of "Economics", graduate students, teachers and a wide range of readers interested in the discipline.

scholarly journals A Trade and Welfare Analysis of Tariff Changes Within the TPP

2016 ◽  
Vol 16 (1) ◽  
pp. 477-511 ◽  
Author(s):  
Juyoung Cheong ◽  
Shino Takayama
Keyword(s):  
Welfare Analysis ◽  
Trade Diversion ◽  
Trade Flows ◽  
Trade Creation ◽  
Welfare Gains ◽  
The World ◽  
Positive Externality ◽  
Tariff Reductions ◽  
Sectoral Linkages

Abstract This paper examines the effects of the Trans-Pacific Partnership (TPP) tariff reductions on trade flows and welfare of the TPP members and nonmembers following the Caliendo and Parro (2015) method. We use comprehensive sectoral data on 39 countries and the rest of the world, including those in the Association of Southeast Asian Nations (ASEAN) and the Organization for Economic Co-operation and Development (OECD). Our results show that many TPP nonmembers along with the TPP members gain from the TPP tariff reductions, suggesting the existence of a positive externality, with the welfare gains mainly arising from the changes in the terms of trade. Our analysis also shows that the TPP members increase their imports from other TPP members and decrease from non-TPP members, but the trade creation effects exceed the trade diversion effects. Our calibration results under various assumptions of the model emphasize the role of multiple sectors and sectoral linkages in the welfare analysis of the TPP tariff reductions.

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