Impact of Cultural Determinants on Bilateral Trade of India

Anurag Maurya; Shilpa Garg

doi:10.54063/ojc.2021.v42i03.09

Examining the Role of Policy and Cultural Determinants on Sectoral Export Competitiveness: Evidences from India

Global Business Review ◽

10.1177/0972150919868341 ◽

2019 ◽

pp. 097215091986834 ◽

Cited By ~ 1

Author(s):

Deepak Kumar ◽

Shubham Kumar ◽

Keya Sengupta ◽

Tapas K. Giri

Keyword(s):

Stochastic Frontier Analysis ◽

Bilateral Trade ◽

Raw Materials ◽

Stochastic Frontier ◽

Foreign Direct Investments ◽

Capital Goods ◽

Frontier Analysis ◽

Cultural Determinants ◽

Export Competitiveness

Exports are affected by several economic, political, social and cultural determinants. The objective of this study is to examine the role of policy and cultural determinants on export competitiveness for different sectors, estimate the technical efficiency (TE) and suggest focus areas to improve exports. The study uses the method of stochastic frontier analysis on the bilateral trade of India over the period 2000–2016. The result findings highlight that there is underutilization and ambiguous effect of trade agreements for all sectors except intermediate goods (IGs). Foreign direct investments outflow has positive results for all the sectors with capital goods getting benefitted the most. TE of exports shows positive trends for IGs, negative trend for raw materials, and mixed trend for consumer goods and capital goods sectors. IGs show the best export competitiveness, whereas RMs have the highest export potential. The results underline India’s progress in integrating with the global supply chain through increasing TE in exports of IGs.

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DEVELOPMENT TRENDS AND PROSPECTS OF ECONOMIC AND TRADE COOPERATION BETWEEN CHINA AND UKRAINE

Economy of Ukraine ◽

10.15407/economyukr.2018.06.003 ◽

2018 ◽

Vol 2018 (6) ◽

pp. 3-12

Author(s):

Zhang DONGYANG ◽

Keyword(s):

Free Trade ◽

Bilateral Trade ◽

The United States ◽

Economic Cooperation ◽

Free Trade Zone ◽

Asia Pacific ◽

Economic Downturn ◽

The European Union ◽

Association Agreement ◽

The Eu

The status and prospects of development of trade and economic relations between Ukraine and China are considered. It is proved that bilateral cooperation in the trade and economic sphere has made significant progress. In 2012–2017, China was the second largest trading partner of Ukraine after Russia. However, the problem of imbalance in imports and exports between Ukraine and China has not yet been resolved. In addition, the scale and number of projects in which Ukraine attracts Chinese investment is much less than investments from European countries and the United States. It is justified that trade and economic cooperation between Ukraine and China is at a new historical stage. On the one hand, Ukraine signed the Association Agreement with the European Union, and on January 1, 2016, the rules of the free trade zone between Ukraine and the EU entered into force. This helps to accelerate the integration of Ukrainian economy into European one. On the other hand, the global economic downturn requires the introduction of innovations in the model of cooperation. The Chinese initiative “One belt is one way” is one of the variants of the innovation model of cooperation. Its significance is to unite the Asia-Pacific region with the EU in order to join the Eurasian Economic Union, create a new space and opportunities for development and achieve prosperity with the Eurasian countries. All this forms unprecedented opportunities for development of bilateral economic and trade relations. It seems that to fully open the potential of Ukrainian economy and expand bilateral trade and economic cooperation, it is necessary to take into account such proposals as the establishment of the Sino-Ukrainian industrial park, the promotion of cooperation in the field of electronic commerce, the formation of the Sino-Ukrainian free trade zone and enhanced interaction within multilateral mechanisms (for example, the Shanghai Cooperation Organization and the interaction of China and the countries of Central and Eastern Europe in the 16 + 1 format).

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Looking at Innovation through CCT Glasses: Consumer Culture Theory and Google Glass Innovation

Journal of Innovation Management ◽

10.24840/2183-0606_001.001_0005 ◽

2013 ◽

Vol 1 (1) ◽

pp. 38-54 ◽

Cited By ~ 8

Author(s):

Stefano Pace

Keyword(s):

Innovation Diffusion ◽

Consumer Culture ◽

Preliminary Analysis ◽

Consumer Behaviour ◽

New Product ◽

Google Glass ◽

Culture Theory ◽

Cultural Determinants ◽

Functional Features ◽

Consumer Culture Theory

Today innovation can be so radical and futuristic that common models of innovation diffusion might not be enough. The success of an innovation relies on the functional features of the new product, but also on how consumers shape the meaning of that innovation. Consumer Culture Theory (CCT) can help managers by focusing on the cultural determinants of consumer behaviour. The work provides a preliminary analysis of how consumers elaborate the cultural platform that will determine the degree of success of the upcoming innovation Google Glass.

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Socio-Cultural Determinants of Development of the Interethnic Community of the Altai Republic

Siberian Journal of Philosophy ◽

10.25205/2541-7517-2018-16-2-167-177 ◽

2018 ◽

Vol 16 (2) ◽

pp. 167-177

Author(s):

S. A. Madyukova ◽

◽

O. A. Persidskaya ◽

Keyword(s):

Altai Republic ◽

Cultural Determinants

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The development of trade relations between the Republic of Cyprus and the Soviet Union (1960-1963)

OOO Zhurnal Voprosy Istorii ◽

10.31166/voprosyistorii202010statyi63 ◽

2020 ◽

Vol 2020 (10-3) ◽

pp. 258-263

Author(s):

Argyrios Tasoulas

Keyword(s):

Soviet Union ◽

Bilateral Trade ◽

Historical Analysis ◽

Berlin Wall ◽

International Crises ◽

Trade Relations ◽

The Soviet Union ◽

The Russian Federation ◽

The Republic ◽

Republic Of Cyprus

This article studies the development of Soviet-Cypriot trade relations in 1960-63, based on research at the Archives of Foreign Policy of the Russian Federation (AVP RF). Concurrently, a historical analysis follows the events after the creation of the new Cypriot state and the two major Cold War crises (the building of the Berlin wall and the Cuban missile crisis). The efforts made by both governments to develop bilateral trade, the aftermath of the two major international crises and the results of the two governments’ policies have been identified and analyzed.

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AN ANALYSIS OF THE EU’S INVESTMENT POLICY AFTER CETA: EFFECTS ON THE BULGARIAN ECONOMY

4th EMAN Conference Proceedings (part of EMAN conference collection) ◽

10.31410/eman.2020.55 ◽

2020 ◽

Author(s):

Nikolay Marin ◽

◽

Mariya Paskaleva ◽

Keyword(s):

Bilateral Trade ◽

Positive Impact ◽

Value Added ◽

Trade Agreement ◽

Trade Agreements ◽

Investment Policy ◽

National Parliaments ◽

Total Employment ◽

Investment Protection ◽

New Generation

In this paper we analyze the changes of the EU’s investment policy provoked by the mixed trade agreements. The EU’s investment policy has turned towards attaining bilateral trade agreements. One of these “new-generation” agreements is the Comprehensive Economic and Trade Agreement (CETA). It is in a process of being ratified by the national parliaments of the EU members. This study is focused on the general characteristics of CETA and the eventual problems posed by its regulatory and wide-ranging nature. We prove that the significance of this agreement pertains not only to the economic influence, that it will have on the European and Canadian economies, but CETA is also the first trade agreement to have been negotiated with a focus on investment protection and a change in the EU’s investment policy. The current study reveals the influence arising from the conclusion of CETA on the Bulgarian economy with an emphasis on electronic industry, machinery industry and manufacturing. We estimate both – the direct and indirect effects on Bulgaria’s exports, imports, value added and employment. In order to estimate the influence, we apply the multi-regional input-output model. It is proved that CETA will have a low but positive impact on the Bulgarian economy. After constructing different scenarios of development, we prove that the influence of CETA on the Bulgarian economy will amount to 0.010% GDP. The average total employment will be increased by more than 172 jobs in Bulgaria, which in turn, relative to the labor market, represents less than 0.01% of the total employment.

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