Export competitiveness: Assessment through the Balassa index (the case of Armenia)
The competitiveness of domestic products at the regional or global market is one of the cornerstones of a country’s internationalcompetitiveness. In this regard, the assessment and analysis of the competitiveness of a country’s international trade becomes an important issue.
openaire +2 more sources
Explaining the Big Mac Urban‐Rural Price Gap in the United States
ABSTRACT The Law of One Price (LOP) is a fundamental economic principle, yet its application in regional studies often excludes rural areas due to data limitations. We analyze price equalization across the US using Big Mac prices to address this gap. Our analysis focuses on three key questions: (i) Is there evidence of price equalization between urban ...
Fernanda Alfaro +3 more
wiley +1 more source
Row Crops and the U.S. Agricultural Trade Deficit: Recent Trends and Policy Issues
ABSTRACT Row crops such as soybeans, corn, wheat, and cotton are the backbone of the U.S. farm sector, accounting for around $60 billion of exports in 2023. While U.S. row crop exports remain robust, growing concerns over the rising U.S. agricultural trade deficit underscore the need to appraise the ongoing market and policy dynamics affecting the ...
William Ridley, Stephen Devadoss
wiley +1 more source
Shared governance as a pathway to regional cooperation and development through the ItaipuCorpus
Abstract Motivation Cross‐border cooperation remains a critical challenge for sustainable development in regions marked by historical rivalries, geopolitical asymmetries, and socioenvironmental vulnerabilities. The Itaipu Binacional Hydroelectric Plant, jointly governed by Brazil and Paraguay, offers a unique case for examining how shared governance ...
Júlia Souza Luiz +1 more
wiley +1 more source
The importance of intra-industry trade in the contemporary world economy [PDF]
Patterns of trade between industrialized countries are significantly different from the patterns of trade with the developing ones. This is because the industrialized countries have a similar level of economic development, use similar technologies and ...
Milutinović Sonja
doaj
TRADE SPECIALIZATION AND COMPETITIVENESS OF THE INDIAN ONION MARKET IN RELATION TO BIMSTEC MEMBER NATIONS [PDF]
This study examined the extent of competitiveness in onion trade specialization and the comparative advantage between India and other BIMSTEC member nations from 2005 to 2021.
M. M. Hossain +4 more
doaj +1 more source
Fundamentals Models Versus Random Walk: Evidence From an Emerging Economy
ABSTRACT We analyze the predictive power of fundamentals versus random walk models for horizons from 1 to 24 months in an emerging market. Specifically, we investigate what fundamentals models outperform random walk during periods of appreciation and depreciation of the exchange rate.
Helder Ferreira de Mendonça +2 more
wiley +1 more source
The Harrod-Balassa-Samuelson Effect: A Survey of Empirical Evidence [PDF]
The paper surveys empirical evidence on the Harrod-Balassa-Samuelson effect. The survey encompasses the published empirical work on the phenomenon since its (re)discovery in 1964. In total, 58 empirical papers are examined within a specialized analytical
Ivo Družić, Josip Tica
core
Understanding the Normalization of the Japanese Economy
ABSTRACT This paper focuses on three aspects of the Japanese economy that deviated from “normalcy”—unconventional monetary policy, unsustainable fiscal policy, and declining growth and productivity. Non‐normality in Japan has developed over the past few decades, but has become more prominent during the Abenomics years starting in 2013.
Takatoshi Ito
wiley +1 more source
Price Convergence: What Can the Balassa-Samuelson Model Tell Us? (in English) [PDF]
The article contributes to the theory of convergence in the price level and relative prices. The authors present a model integrating the Balassa-Samuelson model of real equilibrium exchange rate with a model of capital accumulation and with the demand ...
Martin Èihák, Tomáš Holub
core

