scholarly journals Effects of BDI, Petroleum Price, and Real Income on Import Unit Value in Korean Port

2019 ◽  
Vol 35 (1) ◽  
pp. 133-144
Author(s):  
Shim, Jae-Hee ◽  
Changbeom Kim
Keyword(s):  
Real Income ◽  
Petroleum Price ◽  
Unit Value

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.

Generating Prosperity for Working Families in Affluent Countries

2018 ◽  
Keyword(s):  
Economic Growth ◽  
Real Income ◽  
Living Standards ◽  
Financial Strain ◽  
Inclusive Growth ◽  
Working Families ◽  
The Rich ◽  
Rich Countries ◽  
Analysis Of Performance

This book addresses the central challenge facing rich countries: how to ensure that ordinary working families see their living standards and the prospects for their children improve rather than stagnate over time. It presents the findings from a comprehensive analysis of performance over recent decades across the rich countries of the OECD, in terms of real income growth around and below the middle. It relates this performance to overall economic growth, exploring why these often diverge substantially, and to the different models of capitalism or economic growth embedded in different countries. In-depth comparative and UK-focused analyses also focus on wages and the labour market and on the role of redistribution. Going beyond income, other indicators and aspects of living standards are also incorporated including non-monetary indicators of deprivation and financial strain, wealth and its distribution, and intergenerational mobility. By looking across this broad canvas, the book teases out how ordinary households have fared in recent decades in these critically important respects, and how that should inform the quest for inclusive growth and prosperity.

How Has the Middle Fared in the Netherlands? A Tale of Stagnation and Population Shifts

2018 ◽  
Author(s):  
Wiemer Salverda ◽  
Stefan Thewissen
Keyword(s):  
The Netherlands ◽  
Labour Force ◽  
Labour Force Participation ◽  
Real Income ◽  
Female Labour ◽  
Wage Moderation ◽  
Institutional Structures ◽  
Real Increase ◽  
Dual Income ◽  
Household Incomes

This chapter sets out how inequality and real incomes across the distribution evolved in the Netherlands from the late 1970s through the economic Crisis. Inequality grew, though not dramatically, while wages showed remarkably little real increase. This meant that real income increases for households relied for the most part on the growth in female labour-force participation and in dual-income couples. The chapter highlights the major changes in population and household structures that underpinned the observed changes in household incomes at different points in the distribution. It also sets out key features of the institutional structures in the labour market and broader welfare state, and the centrality of the priority given to wage moderation and the maintenance of competitiveness in the growth model adopted throughout the period.

Agricultural Trade and Ultra-Poor in Pakistan: An Application of CGE Model

2021 ◽  
pp. 097639962110106
Author(s):  
Saud Ahmad ◽  
Muhammad Aamir Khan ◽  
Usman Mustafa
Keyword(s):  
Income Inequality ◽  
World Economy ◽  
Empirical Studies ◽  
Real Income ◽  
Agricultural Trade ◽  
Public Welfare ◽  
Trade Policies ◽  
Agriculture Sector ◽  
Lower Extent ◽  
Potential Impact

In the modern integrated world, the synthesis of countries for trade is often viewed as a crucial source of income and growth disparities across nations. Well-known channels of economic theory can trace the growth effects of trade. However, there is a substantial conflict among empirical studies regarding gains from agricultural trade. Therefore, this study examines the economy-wide impact of agriculture trade liberalization/protection on agriculture production, agriculture trade, income redistribution and public welfare. An extension of the GTAP model known as MyGTAP is employed and the world economy is disaggregated into 20 regions and 11 sectors with Pakistan as a home country. Further, results explore greater gains from an increased level of liberalization towards the agriculture sector in terms of agriculture production, real factors’ wage, terms of trade and household welfare. Rural households enjoy relatively higher real income and income inequality declines in Pakistan in the case of liberalization and protection. However, comparatively protectionism reduces inequality by the lower extent, and said study also points out that neither change in real gross domestic product nor public welfare turns out to be a good indicator of assessing potential impact of trade policies on income inequality.

scholarly journals Do Tourism Activities and Urbanization Drive Material Consumption in the OECD Countries? A Quantile Regression Approach

2021 ◽  
Vol 13 (14) ◽  
pp. 7742
Author(s):  
Taiwo Temitope Lasisi ◽  
Kayode Kolawole Eluwole ◽  
Uju Violet Alola ◽  
Luigi Aldieri ◽  
Concetto Paolo Vinci ◽  
...  
Keyword(s):  
Sustainable Consumption ◽  
Oecd Countries ◽  
Real Income ◽  
Income Growth ◽  
Material Consumption ◽  
Domestic Consumption ◽  
Sustainable Consumption And Production ◽  
Global Goal ◽  
Development Goals ◽  
Two Parameters

The United Nations Sustainable Development Goals (UNSDGs) elaborately encompass a global goal for sustainable consumption and production (Goal 12: SDGs), thus providing potential drivers and/or pathways to attaining sustainable consumption. In view of this global goal, this study examined the role of real income per capita, urbanization and especially inbound tourism in domestic material consumption for the panel of OECD countries. The study is conducted for the period of 1995 to 2016 by employing the panel quantile approach. Interestingly, an inverted U-shaped relationship between outbound tourism and domestic material consumption is established across the quantiles, thus indicating that sustainable domestic consumption is achievable after a threshold of domestic material consumption is attained. In addition, achieving sustainable consumption through economic or income growth is a herculean task for the OECD countries because the current reality indicates that income growth triggers higher consumption of domestic materials. However, the results suggest that urbanization is a recipe for sustainable domestic consumption since there is a negative and significant relationship between the two parameters across the quantiles. Nevertheless, the study presents relevant policy for efficient material and resources utilization and that is suitable to drive the SDGs for 2030 and other country-specific sustainable ambitions.

scholarly journals Adjusted Unit Value Transfer as a Tool for Raising Awareness on Ecosystem Services Provided by Constructed Wetlands for Water Pollution Control: An Italian Case Study

2021 ◽  
Vol 18 (4) ◽  
pp. 1531
Author(s):  
Anacleto Rizzo ◽  
Giulio Conte ◽  
Fabio Masi
Keyword(s):  
Water Pollution ◽  
Ecosystem Services ◽  
Constructed Wetlands ◽  
Pollution Control ◽  
Green Infrastructure ◽  
Low Cost ◽  
Water Pollution Control ◽  
Italian Case ◽  
Value Transfer ◽  
Unit Value

Constructed wetlands (CWs) are nature-based solutions (NBS) for water pollution control that can also be designed to be multipurpose in terms of additional ecosystem services (ESs), such as biodiversity support and social benefits. Awareness about additional ESs of CWs can be raised with value transfer (VT) methods for ESs monetization, in particular, the simplified adjusted unit VT method. A multi-criteria analysis (MCA) was performed to compare grey and green infrastructure alternatives for the management of a combined sewer overflow in the Buccinasco town (Italy), in which the criteria related to ESs were monetized with an adjusted VT method (B£ST software). The results highlighted the potential interest in the implementation of the green infrastructure in a new urban park, due to the activation of additional ESs of interest, such as health and recreational aspects. The results were also confirmed by a sensitivity analysis, which simulated the variation of preferences among different stakeholder groups (e.g., citizens, environmentalists). In conclusion, this work provided a transparent methodology to support decisions regarding green and grey infrastructure, allowing to evaluate additional ESs from the beginning of the decision stage with low cost and efforts.

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