scholarly journals Trade Liberalization and Location: Empirical Evidence for Mexican Manufacturing Industries

2006 ◽  
Author(s):  
Jacob A. Jordaan ◽  
Javier Sanchez-Reaza
Keyword(s):  
Trade Liberalization ◽  
Empirical Evidence ◽  
Manufacturing Industries

Bilateral Treaties and The Most-Favored-Nation Clause: The Myth of Trade Liberalization in the Nineteenth Century

2008 ◽  
Vol 60 (2) ◽  
pp. 147-188 ◽  
Author(s):  
Olivier Accominotti ◽  
Marc Flandreau
Keyword(s):  
International Trade ◽  
Trade Liberalization ◽  
Empirical Evidence ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Point Of View ◽  
Most Favored Nation ◽  
The World ◽  
Most Favored Nation Clause ◽  
Bilateral Treaties

Textbook accounts of the Anglo-French trade agreement of 1860 argue that it heralded the beginning of a liberal trading order. This alleged success holds much interest from a modern policy point of view, for it rested on bilateral negotiations and most-favored-nation clauses. With the help of new data on international trade (the RICardo database), the authors provide empirical evidence and find that the treaty and subsequent network of MFN trade agreements coincided with the end of a period of unilateral liberalization across the world. They also find that it did not contribute to expanding trade at all. This is contrary to a deeply rooted belief among economists, economic historians, and political scientists. The authors draw a number of policy lessons that run counter to the conventional wisdom and raise skepticism toward the ability of bilateralism and MFN arrangements to promote trade liberalization.

scholarly journals DOES OPENNESS REDUCE WAGE INEQUALITY IN DEVELOPING COUNTRIES? PANEL DATA EVIDENCE FROM BANGLADESH

2012 ◽  
Vol 57 (02) ◽  
pp. 1250012 ◽  
Author(s):  
FARZANA MUNSHI
Keyword(s):  
Developing Countries ◽  
Panel Data ◽  
Theoretical Prediction ◽  
Trade Liberalization ◽  
Dynamic Model ◽  
Wage Inequality ◽  
Manufacturing Industries ◽  
Openness To Trade

This paper provides panel data evidence on trade liberalization and wage inequality in Bangladesh. Estimates from a dynamic model for five major manufacturing industries spanning the 1975–2002 period suggest that the effect of increased openness to trade is associated with a decrease in wage inequality. The result is in line with the theoretical prediction in that greater openness is expected to reduce wage inequality in developing countries.

Trade Liberalization and International Performance of Australian Manufacturing Industries and Its

2006 ◽  
pp. 183-193
Author(s):  
Andrew Marks
Keyword(s):  
Information Technology ◽  
Trade Liberalization ◽  
Motor Vehicle ◽  
Export Performance ◽  
Trade Deficit ◽  
Manufacturing Industries ◽  
Pivotal Role ◽  
Important Lesson ◽  
Technology Sector ◽  
Balance Of Trade

Trade liberalization has played a pivotal role in improving the export orientation of the various Australian manufacturing industries (at the two-digit level) in the period 1974/75-2000/01. However, those industries subjected to industry-specific assistance measures — for example, the textile, clothing and footwear and the machinery and equipment industries (motor vehicle industry component) — have exhibited a superior export-oriented performance. The important lesson emanating from this result for the information technology sector is that although it is also subjected to these measures, their expansion can help alleviate the weak and stagnant export performance in information technology goods thereby helping to combat the projected large balance of trade deficit. Moreover, stronger output and employment growth will arise because of the significant contribution of these goods to the economy.

scholarly journals Poverty and trade liberalization: empirical evidence from 21 African countries

2019 ◽  
Vol 32 (1) ◽  
pp. 635-656 ◽  
Author(s):  
Adegbemi Onakoya ◽  
Babatunde Johnson ◽  
Grace Ogundajo
Keyword(s):  
Trade Liberalization ◽  
Empirical Evidence ◽  
African Countries

CAUSALITY BETWEEN EXPORTS AND PRODUCTIVITY IN THE MALAYSIAN ECONOMY

2011 ◽  
Vol 56 (03) ◽  
pp. 377-395 ◽  
Author(s):  
NURHANI ABA IBRAHIM
Keyword(s):  
Error Correction ◽  
Empirical Evidence ◽  
Granger Causality ◽  
Labor Productivity ◽  
Productivity Growth ◽  
Capital Intensity ◽  
Manufacturing Industries ◽  
Error Correction Mechanism

Empirical evidence linking exports and productivity growth has been mixed and inconclusive. This study re-examines the direction of the causality between them for Malaysian industries by using the error-correction mechanism and Granger causality models. In a panel of 63 manufacturing industries, for the period of 1981 to 1999, it is found that these industries support the export-led growth and the growth-driven export hypotheses. A further look into the results indicates that there are possibilities of indirect causalities between productivity growth and export through size and capital intensity, as both exports and labor productivity have bidirectional causality with size and capital intensity.

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