scholarly journals International Trade Openness and Inflation in Asia

2013 ◽  
Vol 4 (1) ◽  
Author(s):  
Yutaka Kurihara
Keyword(s):  
International Trade ◽  
Trade Openness

The Political Economy of Trade Openness Reform: Consequences of Reform for Russian Border Regions

2011 ◽  
pp. 118-138
Author(s):  
N. Ryzhova
Keyword(s):  
Political Economy ◽  
International Trade ◽  
Trade Openness ◽  
Income Redistribution ◽  
The Political ◽  
Trade Reform ◽  
Border Regions

The article deals with the incentives for increasing international trade centralization and restricting trade border regions openness in reformed economy. Two groups of incentives are determined in terms of new political economy approaches: fear of separatism and reluctance of income redistribution. The situation with the radical international trade reform in Russia, followed by correction of trade openness, illustrates key moments in the concepts.

The Effects of International Trade on Democracy: A Panel Study of the Post-Soviet World-System

2009 ◽  
Vol 52 (3) ◽  
pp. 337-362 ◽  
Author(s):  
Mikhail Balaev
Keyword(s):  
International Trade ◽  
Panel Study ◽  
Trade Openness ◽  
Negative Relationship ◽  
World System ◽  
Theoretical Models ◽  
World Systems ◽  
World Systems Theory ◽  
Political Processes ◽  
World Systems Analysis

The author examines the relationship between democracy and international trade using post-Soviet countries as a historical example of a world-system. World-systems theory and alternative theories are employed to create theoretical models of democracy, and pooled timeseries regression is applied, using an index of democracy as the dependent variable and two sets of theoretically distinct control variables. The author finds a negative relationship between core periphery trade and democracy and a positive relationship between trade openness and democracy in the periphery. The author draws three conclusions. First, international trade deserves more attention as a link between economic and political processes in world-systems analysis. Second, contrary to conventional analysis, the structure of core-periphery trade shows that the core uses its economic ties to politically exploit the periphery. Last, it is necessary to distinguish between core and noncore international trade in world-systems and political analysis.

Trade Openness, Country Size and Economic Volatility: The Compensation Hypothesis Revisited

2007 ◽  
Vol 9 (2) ◽  
pp. 1-20 ◽  
Author(s):  
Ian Down
Keyword(s):  
Economic Theory ◽  
Twentieth Century ◽  
International Trade ◽  
Trade Openness ◽  
Trade Integration ◽  
Risk Diversification ◽  
Country Size ◽  
Developed Economies ◽  
Economic Volatility ◽  
Compensation Hypothesis

A prominent variant of the compensation hypothesis rests on the premise that increased trade exposure heightens domestic economic volatility, prompting demands for compensation via generous systems of transfers and services. Economic theory suggests that because the expansion of international trade entails integration into larger, deeper, more stable markets, and may entail risk diversification, it may actually promote rather than reduce stability. By the same token, however, economic theory also suggests that smaller economies should experience greater levels of volatility than larger economies, and thus also greater levels of insecurity. The evidence presented here suggests that the level of domestic economic volatility in the developed economies, during the latter half of the twentieth century, may indeed have been driven by the size and depth of markets. And critically, for these countries international trade integration may have eased rather than accentuated domestic economic volatility.

scholarly journals Trade Openness and Economic Growth in Indonesia

2020 ◽  
Vol 10 (2) ◽  
pp. 163-170
Author(s):  
Khoirul Ifa ◽  
Moh. Yahdi
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Time Series Data ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Series Data ◽  
Test Results ◽  
Rapid Economic Growth ◽  
The Impact

Economic growth and international trade are related to one another. International trade stimulates long-term economic growth. The more trade activities in a country, the more rapid economic growth; this trade is a key component of development in a country, its contribution is felt with the increasing economic growth in several countries. The purpose of this study looks at the impact of trade openness on economic growth in Indonesia in 1986-2017. This research is a quantitative study using time series data from 1986-2017, research data obtained from the world bank, data analysis techniques using the GMM method to see the impact of trade openness on economic growth. The test results using the Generalized Method of Moments analysis method show that all variables significantly influence the dynamics of economic growth in Indonesia. This result is proven by the t-statistic probability value, which shows a smaller value compared to the t-table value. Then the value also has a probability of less than α. It can be concluded that the variables of trade, FDI, inflation, and the number of workers have a significant effect on economic growth in Indonesia.

Effect of Development Aid on Tax Reform in Recipient-Countries: Does Trade Openness Matter?

2020 ◽  
Vol 11 (01) ◽  
pp. 2050001 ◽  
Author(s):  
Sena Kimm Gnangnon
Keyword(s):  
Developing Countries ◽  
International Trade ◽  
Tax Reform ◽  
Trade Openness ◽  
Development Aid ◽  
Tax Revenue ◽  
Tax Structure ◽  
Empirical Results ◽  
Positive Effect

Based on a proposed measure of tax reform in developing countries, this paper examines both how tax reform is influenced by development aid flows, and whether this effect depends on countries’ degree of openness to international trade. Tax reform involves here the change of the tax structure in favor of domestic tax revenue and at the expense of trade tax revenue. Empirical results based on 102 developing countries over the period 1980–2015 suggest that development aid exerts a positive effect on tax reform in developing countries, with relatively less advanced countries enjoying a higher positive effect than advanced developing countries. Additionally, recipient-countries’ degree of trade openness matters for the effect of development aid on tax reform.

Does Trade Openness Affects Employment in Cameroon?

2020 ◽  
Vol 56 (1) ◽  
pp. 105-116
Author(s):  
Ibrahim Ngouhouo ◽  
Tii Njivukuh Nchofoung
Keyword(s):  
International Trade ◽  
Educational System ◽  
Trade Openness ◽  
Spillover Effect ◽  
Jel Codes ◽  
National Productivity

The objective of this paper is to examine the effect of trade openness on employment in Cameroon. The methodologies used in order to test our hypothesis were the FMOLS and DOLS. The results of the estimations show a positive and significant effect of trade openness on employment in Cameroon with both methods. Indeed, industrialisation and investments were found to significantly increase employment in Cameroon. As recommendations, if Cameroon envisages expanding in international trade, she should encourage sectors that have a spillover effect. These include increasing industrialisation which will lead to increase in national productivity. Furthermore, the educational system should match training with jobs. JEL Codes: F16, C22

scholarly journals Investigating the Causal Relationship between Inflation and Trade Openness using Toda–Yamamoto Approach: Evidence from Zambia

2017 ◽  
Vol 8 (6) ◽  
pp. 171-182 ◽  
Author(s):  
Chibvalo Zombe ◽  
Lincoln Daka ◽  
Christopher Phiri ◽  
Oliver Kaonga ◽  
Francis Chibwe ◽  
...  
Keyword(s):  
International Trade ◽  
Causal Relationship ◽  
Granger Causality ◽  
Significant Relationship ◽  
Positive Relationship ◽  
Trade Openness ◽  
Central Banks ◽  
Domestic Inflation

AbstractThe paper examines whether a significant relationship exists between inflation and trade openness in Zambia over the period 1985 to 2015. We use the Toda-Yamamoto approach to Granger causality to test for a causal relationship between inflation and trade openness. The results establish a bi-directional causality between inflation and trade openness. Further, there exists a positive relationship between inflation and trade openness in Zambia. Our findings stress the importance for central banks to understand the consequences of international trade for domestic inflation.

scholarly journals Conspiracy Mentality Predicts Public Opposition to Foreign Trade

2021 ◽  
Vol 12 ◽  
Author(s):  
Alexander Jedinger
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Trade Openness ◽  
Economic Globalization ◽  
Perceived Threat ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
The Public ◽  
Using Data ◽  
Public Opposition

The proliferation of protectionist sentiments and policies has raised questions about the psychological sources of trade openness among the public. The current research investigated the effects of a previously neglected factor on attitudes toward international trade: conspiracy mentality. Conspiracy mentality describes the generalized belief that political and economic events are controlled by powerful malevolent forces acting in secret. Using data from a cross-sectional survey of German adults (N = 391), I hypothesized and found that conspiracy mentality is uniquely associated with the perceived threat posed by foreign trade and opposition to international trade. These findings suggest that individual differences in conspiracy mentality make an important contribution to understanding the fears associated with economic globalization.

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