Subjects -> BUSINESS AND ECONOMICS (Total: 3510 journals)
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    - ECONOMIC SYSTEMS, THEORIES AND HISTORY (235 journals)
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    - PUBLIC FINANCE, TAXATION (37 journals)
    - TRADE AND INDUSTRIAL DIRECTORIES (2 journals)

INTERNATIONAL COMMERCE (145 journals)                     

Showing 1 - 136 of 136 Journals sorted by number of followers
Journal of Monetary Economics     Hybrid Journal   (Followers: 96)
Information Technologies & International Development     Open Access   (Followers: 82)
International Economic Review     Hybrid Journal   (Followers: 61)
International Labour Review     Partially Free   (Followers: 60)
Journal of International Business Studies     Hybrid Journal   (Followers: 47)
IMF Economic Review     Hybrid Journal   (Followers: 44)
Review of International Political Economy     Hybrid Journal   (Followers: 41)
Journal of International Money and Finance     Hybrid Journal   (Followers: 39)
Journal of International Economics     Hybrid Journal   (Followers: 38)
International Review of Social History     Full-text available via subscription   (Followers: 33)
Journal of International Development     Hybrid Journal   (Followers: 32)
International Review of Economics & Finance     Hybrid Journal   (Followers: 30)
International Review of Law and Economics     Hybrid Journal   (Followers: 27)
International Finance     Hybrid Journal   (Followers: 27)
PharmacoEconomics     Full-text available via subscription   (Followers: 27)
Journal of International Marketing     Full-text available via subscription   (Followers: 24)
Quarterly Journal of Political Science     Full-text available via subscription   (Followers: 20)
Journal of International Financial Markets, Institutions and Money     Hybrid Journal   (Followers: 20)
International Journal of Applied Behavioral Economics     Full-text available via subscription   (Followers: 19)
Journal of World Trade     Full-text available via subscription   (Followers: 19)
Human Resource Management International Digest     Hybrid Journal   (Followers: 19)
Journal of International Trade Law and Policy     Hybrid Journal   (Followers: 19)
Career Development International     Hybrid Journal   (Followers: 18)
Human Resource Development International     Hybrid Journal   (Followers: 18)
European Business Law Review     Full-text available via subscription   (Followers: 17)
African Journal of Economic and Sustainable Development     Hybrid Journal   (Followers: 17)
Journal of Contemporary European Research     Open Access   (Followers: 16)
Studies in Comparative International Development     Hybrid Journal   (Followers: 16)
International Labor and Working-Class History     Full-text available via subscription   (Followers: 15)
International Environmental Agreements: Politics, Law and Economics     Hybrid Journal   (Followers: 14)
Review of International Economics     Hybrid Journal   (Followers: 14)
International Marketing Review     Hybrid Journal   (Followers: 13)
Advances in Accounting     Hybrid Journal   (Followers: 12)
Journal of International Trade & Economic Development: An International and Comparative Review     Hybrid Journal   (Followers: 12)
International Small Business Journal     Hybrid Journal   (Followers: 11)
European Company Law     Full-text available via subscription   (Followers: 11)
International Review of Financial Analysis     Hybrid Journal   (Followers: 10)
Journal of International Entrepreneurship     Hybrid Journal   (Followers: 10)
Journal of the Association for Consumer Research     Full-text available via subscription   (Followers: 10)
International Business Review     Hybrid Journal   (Followers: 9)
World Competition     Full-text available via subscription   (Followers: 9)
International Review of Finance     Hybrid Journal   (Followers: 9)
World Trade and Arbitration Materials     Full-text available via subscription   (Followers: 9)
Journal of International Consumer Marketing     Hybrid Journal   (Followers: 9)
International Entrepreneurship and Management Journal     Hybrid Journal   (Followers: 8)
International Studies of Management and Organization     Full-text available via subscription   (Followers: 8)
Emerging Markets Finance and Trade     Hybrid Journal   (Followers: 8)
Journal for International Business and Entrepreneurship Development     Hybrid Journal   (Followers: 8)
International Economic Journal     Hybrid Journal   (Followers: 8)
Information Resources Management Journal     Full-text available via subscription   (Followers: 8)
International Public Management Journal     Hybrid Journal   (Followers: 8)
Antitrust Bulletin     Hybrid Journal   (Followers: 8)
Competition and Regulation in Network Industries     Full-text available via subscription   (Followers: 7)
Management International Review     Hybrid Journal   (Followers: 7)
International Advances in Economic Research     Hybrid Journal   (Followers: 6)
International Review of Applied Economics     Hybrid Journal   (Followers: 6)
International Economics and Economic Policy     Hybrid Journal   (Followers: 6)
Global Trade and Customs Journal     Full-text available via subscription   (Followers: 6)
South African Journal of International Affairs     Hybrid Journal   (Followers: 6)
TDM Transnational Dispute Management Journal     Full-text available via subscription   (Followers: 5)
Journal of International Management     Hybrid Journal   (Followers: 5)
EC Tax Review     Full-text available via subscription   (Followers: 5)
Journal of International Accounting, Auditing and Taxation     Hybrid Journal   (Followers: 5)
Intertax     Full-text available via subscription   (Followers: 4)
Journal of Chinese Human Resource Management     Hybrid Journal   (Followers: 4)
IN VIVO     Full-text available via subscription   (Followers: 4)
Journal of the Japanese and International Economies     Hybrid Journal   (Followers: 4)
International Insolvency Review     Hybrid Journal   (Followers: 4)
International Review of Economics     Hybrid Journal   (Followers: 4)
Journal of International Financial Management & Accounting     Hybrid Journal   (Followers: 4)
Journal of Revenue and Pricing Management     Hybrid Journal   (Followers: 4)
Revue Internationale du Travail     Full-text available via subscription   (Followers: 3)
Foreign Trade Review     Hybrid Journal   (Followers: 3)
Syracuse Journal of International Law and Commerce     Open Access   (Followers: 3)
European Journal of International Management     Hybrid Journal   (Followers: 3)
International Review of Retail, Distribution and Consumer Research     Hybrid Journal   (Followers: 3)
Monthly Statistics of International Trade - Statistiques mensuelles du commerce international     Full-text available via subscription   (Followers: 3)
International Economics     Hybrid Journal   (Followers: 3)
International Review on Public and Nonprofit Marketing     Hybrid Journal   (Followers: 3)
Management international / International Management / Gestiòn Internacional     Full-text available via subscription   (Followers: 3)
World Food Policy     Hybrid Journal   (Followers: 3)
Digital Finance : Smart Data Analytics, Investment Innovation, and Financial Technology     Hybrid Journal   (Followers: 3)
Journal of International Food & Agribusiness Marketing     Hybrid Journal   (Followers: 2)
Asian Journal of Shipping and Logistics     Open Access   (Followers: 2)
International Transactions In Operational Research     Hybrid Journal   (Followers: 2)
China Business Review     Full-text available via subscription   (Followers: 2)
Qualitative Research in Financial Markets     Hybrid Journal   (Followers: 2)
Journal of Chinese Economic and Foreign Trade Studies     Hybrid Journal   (Followers: 2)
International Trade Journal : Western Hemispheric Studies     Hybrid Journal   (Followers: 2)
Journal of Korea Trade     Full-text available via subscription   (Followers: 1)
MEED Middle East Economic Digest     Full-text available via subscription   (Followers: 1)
Global Summitry     Hybrid Journal   (Followers: 1)
Global & Strategis     Open Access   (Followers: 1)
Acta Economica Et Turistica     Open Access   (Followers: 1)
Transnational Corporations Review     Hybrid Journal   (Followers: 1)
Economic Journal of Emerging Markets     Open Access   (Followers: 1)
International Journal of Export Marketing     Hybrid Journal   (Followers: 1)
World Oil Trade     Hybrid Journal   (Followers: 1)
Journal of Economics and International Finance     Open Access   (Followers: 1)
Estudos Internacionais : revista de relações internacionais da PUC Minas     Open Access   (Followers: 1)
Research World     Hybrid Journal   (Followers: 1)
Asia and the Global Economy     Open Access   (Followers: 1)
Economics Research International     Open Access   (Followers: 1)
Revue internationale P.M.E. : économie et gestion de la petite et moyenne entreprise     Full-text available via subscription   (Followers: 1)
Critical Perspectives on International Business     Hybrid Journal   (Followers: 1)
International Commerce Review     Hybrid Journal   (Followers: 1)
Botswana Journal of Economics     Open Access   (Followers: 1)
Journal of Antitrust Enforcement     Hybrid Journal   (Followers: 1)
Japanese Political Economy     Full-text available via subscription   (Followers: 1)
International Journal of Asian Business and Information Management     Full-text available via subscription   (Followers: 1)
L'Année du Maghreb     Open Access   (Followers: 1)
Amnis     Open Access   (Followers: 1)
China Economic Quarterly International     Open Access  
Regional Formation and Development Studies     Open Access  
Journal of Reviews on Global Economics     Open Access  
Journal of International Business Policy     Hybrid Journal  
East Asian Community Review     Hybrid Journal  
Ekonomia Międzynarodowa     Open Access  
Jurnal Ilmu Ekonomi Terapan     Open Access  
Jurnal Hubungan Internasional     Open Access  
Journal of Advanced Research in Economics and International Business     Full-text available via subscription  
Proceedings of the International Conference on Business Excellence     Open Access  
Journal of Accounting and Finance in Emerging Economies     Open Access  
International Journal of Governance and Financial Intermediation     Hybrid Journal  
South American Development Society Journal     Open Access  
Revista Multiface Online     Open Access  
Revue internationale de l'économie sociale     Full-text available via subscription  
Expert Journal of Business and Management     Open Access  
Crossroads     Hybrid Journal  
Relações Internacionais (R:I)     Open Access  
Revista Brasileira de Gestão de Negócios     Open Access  
Journal of Theoretical and Applied Electronic Commerce Research     Open Access  
International Journal of Commerce and Management     Hybrid Journal  
EMAJ : Emerging Markets Journal     Open Access  
Journal of International Commerce, Economics and Policy     Hybrid Journal  
Journal of Comparative International Management     Full-text available via subscription  

           

Similar Journals
Journal Cover
Foreign Trade Review
Number of Followers: 3  
 
  Hybrid Journal Hybrid journal (It can contain Open Access articles)
ISSN (Print) 0015-7325 - ISSN (Online) 0971-7625
Published by Sage Publications Homepage  [1175 journals]
  • Global Value Chains and International Trade Dynamics

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      Authors: Deeparghya Mukherjee, Rupa Chanda
      Pages: 363 - 366
      Abstract: Foreign Trade Review, Volume 57, Issue 4, Page 363-366, November 2022.

      Citation: Foreign Trade Review
      PubDate: 2022-08-05T08:45:45Z
      DOI: 10.1177/00157325221106280
      Issue No: Vol. 57, No. 4 (2022)
       
  • The J-Curve Effect in Services Trade: A Disaggregated Analysis

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      Authors: Ivan D. Trofimov
      Abstract: Foreign Trade Review, Ahead of Print.
      This article examines the relationship between the real exchange rate and the services trade balance in the UK using the quarterly data for the 2005Q1–2019Q4 period. We consider the aggregate as well as disaggregated trade across five services categories. We employ linear and non-linear autoregressive distributed lag (ARDL) models. The non-linear model, in particular, allows consideration of asymmetric response of the trade balance to depreciations as opposed to appreciations. The findings indicate little evidence of a long-term improvement in the trade balance following depreciation, and suggest the absence of J-curve effect. The effects of domestic, ‘rest of the world’ GDP and monetary base on the trade balance were respectively negative, positive and mixed.JEL: F14, F31, C22
      Citation: Foreign Trade Review
      PubDate: 2022-11-16T05:18:30Z
      DOI: 10.1177/00157325221126598
       
  • Foreign Aid and Fiscal Policy in a Small-Open Economy with a Non-Market
           Sector

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      Authors: Naiyue Cui, Yunfang Hu
      Abstract: Foreign Trade Review, Ahead of Print.
      This study examines the macroeconomic effects of foreign aid and fiscal policy by employing a multi-sector growth model. Foreign aid may decrease the recipient country’s market activities by lowering its capital accumulation and shifting market labour and capital to the non-market sector. This market activity shifting can improve the recipient country’s foreign asset/debt position where real exchange rate plays a role. We examine fiscal policies’ long- and short-run impacts and the recipient country’s administration efficiency in handling aid. Efficiency improvements in the recipient country’s governance of foreign aid can lower its real exchange rate, thereby contribute to improving foreign asset/debt holdings. Although administration costs in foreign aid may cause losses, by raising both market and non-market goods consumption, foreign aid improves the welfare of the recipient country. Our numerical analysis demonstrates the comparative statics and comparative dynamics impacts of several fiscal policy experiments. We illustrate that capital and labour income’s taxation effects can be very different.
      Citation: Foreign Trade Review
      PubDate: 2022-10-28T08:40:30Z
      DOI: 10.1177/00157325221128654
       
  • Organisational Investment: The Case of ASML—Can the Product Make the
           Producer'

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      Authors: An-Chi Tung, Henry Wan
      Abstract: Foreign Trade Review, Ahead of Print.
      This study showcases the specific inspiration from Professor Kemp by focusing on one particular firm—ASML, a Dutch lithography company. It has become the only producer to launch a group of products, the extreme ultraviolet (EUV) systems for advanced integrated circuits (ICs). Such success is relatively new and is due to a single, unprecedented multi-year programme, Customer Co-investment Program CCIP), since 2012. This programme accelerated ASML’s development of EUV, which has marginalised the other two rivals and former market leaders, Nikon and Canon, that they can only compete in the less advanced DUV and i-line systems. The article explores a number of interrelated aspects about the selected case. It discusses how economic theories offer tools into the crux of the matter. It then reviews technical and historical facts to facilitate further understanding. Next, the article considers two main issues: Is the ASML’s claim that CCIP is necessary based on the financing requirement linked to the new technology true' And is the outcome good' The first question is analysed by four inter-related levels of information asymmetry, and the second is discussed at a broader level. Finally, the article explains how Kemp and Shimomura inspires the analysis here of the illustrative case of ASML.JEL Codes: D22, D23, D82, L22, L63
      Citation: Foreign Trade Review
      PubDate: 2022-10-03T05:23:11Z
      DOI: 10.1177/00157325221127606
       
  • General Equilibrium Trade Policy Analysis among One Belt One Road Nations
           Using Structural Gravity Framework

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      Authors: Hajra Manzoor, Parvez Ahmad Mir
      Abstract: Foreign Trade Review, Ahead of Print.
      Currently, the world is witnessing one of China’s most significant economic integration initiatives–One Belt One Road (OBOR). This article aims to evaluate the general equilibrium (GE) effects of this initiative on member nations. The structural gravity model is used in this study to perform the counterfactual analysis while analysing the conditional and general equilibrium effects of the trade policy of border removal on international trade flow among the member countries. The estimates suggest varied strade gains for the member countries in response to the trade policy changes. Most Asian countries are witnessing an increase in producers’ prices and therefore gaining more from globalisation. We also deduced that the member countries had reached half of their potential to trade gains, with most developing countries witnessing a decrease in multilateral trade resistance (MTR). The findings of this study implicate a debate for the policymakers over continuing support for further trade integration.JEL Codes: C21, F15, F17
      Citation: Foreign Trade Review
      PubDate: 2022-09-26T06:22:15Z
      DOI: 10.1177/00157325221120712
       
  • Trade Data Falsification and Informal Capita Movement: A Study of
           Bangladesh with Major Asian Trade Partners

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      Authors: Samir Kumer Das, Amit K. Biswas
      Abstract: Foreign Trade Review, Ahead of Print.
      The imposition of restrictive trade policies and consequent fabrication of foreign trade statistics acts as hindrance for effective policy formulations in the developing countries. This article presents the trade misreporting scenario of Bangladesh in relation to major Asian trade partner countries (China, India and Singapore) between 1973 and 2018 and examines the possibilities of informal capital movements across borders. Using the vector autoregression (VAR) and autoregressive distributed lag (ARDL) models, we first build partner-level exercise, followed by a combined panel, and find that spot and forward exchange rates, custom duties and real interest rate differences between foreign and home largely affect trade misreporting rates. Interestingly, we also find that the values of past import under-invoicing might also lead to export under-invoicing and vice versa, a two-way causal relationship.JEL Codes: F14, F68, C10, C52
      Citation: Foreign Trade Review
      PubDate: 2022-09-25T01:58:35Z
      DOI: 10.1177/00157325221120720
       
  • Impact of Food Standards on Patterns of International Trade in Marine
           Products

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      Authors: Aishwary Kant Gupta, Seema Sangita
      Abstract: Foreign Trade Review, Ahead of Print.
      Over the past two and half decades, rising non-tariff barriers, such as SPS and TBT measures appear to negate any benefits accruing from declining tariffs. The adoption of higher standards reflects efforts, generally by developed nations, towards protecting both human and environmental health. However, the burden of compliance falls on the upstream players of the supply chain, mostly located in the Global South. In this article, we explore if imposing food standards has a differential impact on the exporters of marine products from high-income and low-income countries. Using panel data analysis based on bilateral trade between 50 exporters and 188 importers of marine goods at HS6 level codes from 1995 to 2018, we conclude that imposing food standards has a significantly negative impact on exports of marine industries. Moreover, it appears that after 2008, food standards have become relatively more stringent, and their impact has varied based on economic size of the exporter. Relatively richer countries were able to expand their exports in the presence of standards. However, marine exports of poorer nations reduced. This contrasting impact of food standards on the high- and low-income countries significantly changed the pattern of global marine trade.JEL Codes: F1, F14, Q17
      Citation: Foreign Trade Review
      PubDate: 2022-09-25T01:56:36Z
      DOI: 10.1177/00157325221121433
       
  • Overview of the Special Issue to Honour Professor Murray C. Kemp

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      Authors: Binh Tran-Nam, Makoto Tawada
      Abstract: Foreign Trade Review, Ahead of Print.

      Citation: Foreign Trade Review
      PubDate: 2022-09-25T01:54:25Z
      DOI: 10.1177/00157325221129725
       
  • Illegal Immigration with Tariff Distortions

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      Authors: Alan Woodland, Chisato Yoshida
      Abstract: Foreign Trade Review, Ahead of Print.
      We construct and analyse a two-country general equilibrium model in which the home and foreign countries trade two final goods, and legal immigration is restricted. International trade is distorted via tariffs imposed by both countries. Foreign migrants attempt illegal entry to the home country but face a probability of detection and arrest by border patrol of the home country. We examine how stricter border patrol affects the level of illegal immigration, establish conditions under which stricter border patrol reduces successful illegal immigration and determine the welfare implications of this policy change. We also determine the effects on illegal immigration and the welfare of all agents when illegal immigrants increase remittances back to the source country.JEL Codes: F13, F16, F22.
      Citation: Foreign Trade Review
      PubDate: 2022-09-25T01:53:56Z
      DOI: 10.1177/00157325221119019
       
  • Saving Household Production-Cum-Consumption Time: Implications for
           International Trade in Trash

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      Authors: Ngo Van Long
      Abstract: Foreign Trade Review, Ahead of Print.
      This article revisits Kemp’s and Tran-Nam’s incorporation into trade theory the Gossenian theme that consumption takes time. We show how the substitutability between time-intensive household-produced consumption goods and time-saving commercially produced consumption goods (which save households’ consumption and production time) together with capital accumulation can lead to an increase in trash and international trade in trash. The applicability of the standard gains from trade theorems is shown to be compromised by the externalities associated with international trade in trash between North and South. Under some parameter values, South is better off under autarky than under free trade in trash and the gains from trade by North is not sufficient to compensate South’s loss from trade.JEL Codes: D13, F18, F13
      Citation: Foreign Trade Review
      PubDate: 2022-09-25T01:53:14Z
      DOI: 10.1177/00157325221120711
       
  • Customs Union, Wage Inequality and Welfare in General Equilibrium

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      Authors: Sugata Marjit, Sharmi Sen, Kausik Gupta
      Abstract: Foreign Trade Review, Ahead of Print.
      The article attempts to consider the impact of a customs union formed between two small countries embedded in the global economy and trading in intermediates, in terms of a general equilibrium framework. It shows that with such a union both countries will gain, although there will be asymmetric effect on wage inequality. However, with higher capital stock the significance of the formation of customs union will be undermined. It also shows that perfect international capital mobility will lead to finite changes in the economy, shutting down the less capital intensive unskilled export sector in each country, which in turn makes the bilateral union irrelevant. Further tariff reduction will increase inequality in both countries. We have also considered the welfare effects of formation of customs union in the form of tariff cut and such a tariff reduction unequivocally improves welfare of the customs union irrespective of small country and large country assumptions, without any intra-union income transfer.JEL Codes: F02, F11, F55, F68
      Citation: Foreign Trade Review
      PubDate: 2022-09-16T01:38:38Z
      DOI: 10.1177/00157325221120623
       
  • Immigration of Medical Workers and Variable Labour Supply

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      Authors: Masayuki Okawa
      Abstract: Foreign Trade Review, Ahead of Print.
      This paper studies the effects of immigration policy on the immigration of foreign medical workers on the welfare and income distribution of home medical workers and labourers. We set up a simple small open economy with two traded goods and non-traded medical care services. In the economy, there exists a constant rate of labourers who get ill health and must leave their jobs and thereby lose part of their income. But they can reduce the loss of working time and income by consuming medical services. There are two channels that consumption of the medical service affects the welfare of consumers: (i) consumption of medical service raises the state of health and increases utility, and (ii) consumption of medical service reduces the leave period of labourers and raises their wage income (labour supply-enhancing effect). We see that the above second effect makes the effective price of the medical service for the consumer lower than its market price and causes consumption bias towards the consumption of medical services. To introduce the above properties of consumption of medical service, we define the effective expenditure function of the labourers and examine its properties and conduct comparative static analyses.JEL codes: F13, F22
      Citation: Foreign Trade Review
      PubDate: 2022-09-11T06:56:47Z
      DOI: 10.1177/00157325221119048
       
  • Public Infrastructure Strategically Supplied by Governments and Trade in a
           Ricardian Economy

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      Authors: Nobuhito Suga, Makoto Tawada, Akihiko Yanase
      Abstract: Foreign Trade Review, Ahead of Print.
      In a simple two-country Ricardian economy with public infrastructures, we consider a simultaneous and non-cooperate game between governments with respect to public infrastructure supply. Then it is shown that a country with larger (smaller) factor endowment exports a good whose production is more (less) dependent on public infrastructures, and both countries will gain from trade as long as factor endowment differs between countries. However, the following special features appear. (i) Any incompletely specialising country produces two goods at an inner point of the production possibility set. (ii) If factor endowment is the same between countries, the trading equilibrium is attained by the pattern of specialisation such that each country specialises in one good different from each other and both countries become better off. Which country specialises in which good is indeterminate. The result shows a typical case of symmetric breaking.JEL codes: F11, H41
      Citation: Foreign Trade Review
      PubDate: 2022-09-11T06:55:48Z
      DOI: 10.1177/00157325221119043
       
  • Dynamics of Twin Deficits: An Enquiry of the Mundell–Fleming
           Proposition for India

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      Authors: Manisha Devi, Amiya Sarma
      Abstract: Foreign Trade Review, Ahead of Print.
      Twin deficits have appeared as the indispensible reality of the Indian economy since long. The study is an attempt to trace out the inherent dynamics of India’s twin deficits problem, particularly to unveil its transmission mechanism. Applying annual secondary data for the period 1971 to 2019, the endeavour reveals India’s twin deficits encounter to follow the path prescribed by the Mundell- Fleming open economy IS-LM model. However, India’s realization is found to differ slightly from the standard theoretical manifestation. In India, domestic exchange rate is found to appreciate followed by the expansionary fiscal policies of the government. The improved exchange rate, owing to the sterilization policies of the monetary authority to uphold the country’s trade competitiveness, is observed to augment India’s domestic interest rate. Again, the increased interest rate, due to its positive effect on the financial inflows, is found to deteriorate India’s external balance.JEL Classification: H6, F32, F31, F21, E43
      Citation: Foreign Trade Review
      PubDate: 2022-09-09T04:31:26Z
      DOI: 10.1177/00157325221119618
       
  • Book review: Sugata Marjit, Biswajit Mandal, and Noritsugu Nakanishi,
           Virtual Trade and Comparative Advantage: The Fourth Dimension

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      Authors: Lei Yang
      Abstract: Foreign Trade Review, Ahead of Print.
      Sugata Marjit, Biswajit Mandal, and Noritsugu Nakanishi, Virtual Trade and Comparative Advantage: The Fourth Dimension, Singapore: Springer-Nature, 2020, Ä75.89, 207 pp.
      Citation: Foreign Trade Review
      PubDate: 2022-08-24T06:35:07Z
      DOI: 10.1177/00157325221119037
       
  • Russia-Ukraine War and WTO’s National Security Exception

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      Authors: Prabhash Ranjan
      Abstract: Foreign Trade Review, Ahead of Print.
      The Russian invasion of Ukraine is one of the most flagrant violations of international law in recent times. The Russian action has received global condemnation with various countries imposing sanctions on Russia. This article argues that concerning imposing trade sanctions against Russia, countries can rely on the national security exception in the World Trade Organization (WTO). The relevant legal provision in this regard is Article XXI of the General Agreements on Tariffs and Trade (GATT). The article undertakes a doctrinal analysis of GATT’s Article XXI. This analysis is conducted in the light of two WTO disputes—the Russia: Transit case and the Saudi Arabia: Intellectual Property case—that have interpreted the national security exception. The article argues that while the national security exception given in GATT’s Article XXI is not self-judging, countries will enjoy deference in determining their essential security interests. The article then applies this doctrinal understanding to the current Russia–Ukraine war. The current situation will fall under Article XXI, and countries can impose trade-restricting measures against Russia (such as suspension of the most-favoured-nation treatment) following Article XXI of GATT.JEL Codes: F13, F19, F52, F51
      Citation: Foreign Trade Review
      PubDate: 2022-07-18T06:59:50Z
      DOI: 10.1177/00157325221114586
       
  • Factors Associated with Growth in India’s International Reserves:
           VECM Analysis

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      Authors: Latha Sreeram, Samie Ahmed Sayed
      Abstract: Foreign Trade Review, Ahead of Print.
      This study empirically examines the determinants of India’s international reserves in the long run and in the short run with seven other macroeconomic variables using the vector error correction model. The Johansen co-integration results indicate a positive long-run relationship between international reserves holdings and broad money M3 and foreign direct investment (FDI) inflows and negative relationship with external debt. The Granger causality test outcome also verifies the results, demonstrating that increase in broad money supply and FDI inflows are the reason for the accumulation in international reserves in India in the long run. M3 demonstrated a higher influence on international reserves suggesting that monetary policy is used widely in regulating the international reserves in India. This study also estimated the short-run dynamics and the tendency of the variables to reinstate to its long-run equilibrium. The error correction term coefficient entails a moderately low level of adjustment of international reserves holding, indicating that it is the other reason that the level of international reserves holding in India is high in the short run.JEL Codes: E51, F31, F41
      Citation: Foreign Trade Review
      PubDate: 2022-07-07T10:49:29Z
      DOI: 10.1177/00157325221103642
       
  • An Elementary Tariff Reform for a Free Trade Area

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      Authors: Martin Richardson
      Abstract: Foreign Trade Review, Ahead of Print.
      In this note I identify a simple Pareto-improving tariff reform for two countries in a free trade area, motivated by the approach in Kemp and Wan (1976), involving a move ‘towards’ a Kemp-Wan customs union.JEL Codes: F02, F13, F15
      Citation: Foreign Trade Review
      PubDate: 2022-07-04T05:38:14Z
      DOI: 10.1177/00157325221107294
       
  • Testing for the Bidirectional Relationship Between FDI in Services and
           Trade in Services: Evidence from Emerging Economies

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      Authors: P. Jithin, M. Suresh Babu
      Abstract: Foreign Trade Review, Ahead of Print.
      We examine the two-way links between foreign direct investments (FDI) in services and trade in services for 26 emerging economies from 2003 to 2015 using sectoral and sectoral disaggregated FDI data. Within a multivariate framework, we use panel unit root tests, recently developed heterogeneous panel cointegration and panel vector error correction model (VECM). Our results confirmed the cointegrating relationship between trade in services, FDI in services, financial services FDI and nonfinancial services FDI. We find the existence of long-run unidirectional causality from trade in services to FDI in services. However, the disaggregated analysis shows a bidirectional link between nonfinancial services FDI and trade in services in the short run. Still, there is no causality between financial services FDI and trade in services both in the short run and long run. The result also shows the evidence of unidirectional causality running from trade in services to nonfinancial services FDI in the long run. It implies that sectoral decomposition matters in the FDI–trade nexus in emerging economies.JEL Codes: G20, F14, G20, F23
      Citation: Foreign Trade Review
      PubDate: 2022-05-06T04:47:45Z
      DOI: 10.1177/00157325221095650
       
  • Revisiting the Gravity Model of Migration

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      Authors: Mohammad Azeem Khan, Zeenat Fatima, Sumbul Fatima
      Abstract: Foreign Trade Review, Ahead of Print.
      The recent global migration pattern indicates the importance of the movement of people from developing countries to developed countries in search of better economic opportunities. The G20 report of ‘International Migration and Displacement Trends’ mentions India at the top of the list of highly educated emigrants in G20 countries. The current study addresses the endogeneity problem in the migration determinants and attempts to highlight the major regional and economic determinants of migration flow from India to major OECD countries using the Gravity model of migration. We apply the Prais–Winsten regression method to address the cross-sectional correlation, while we apply instrumental variable regression and Hausman–Taylor regression estimation techniques to deal with the endogeneity issue. The findings reveal that the population of India, distance, common official language and per capita income differential are the major determinants of migration from India. In the backdrop of our findings, in terms of per capita income differential, there is a need for an upward revision in the pay scale of the white-collar workers in the organised sector.JEL Codes: C23, F22, J11, J60
      Citation: Foreign Trade Review
      PubDate: 2022-04-08T08:05:54Z
      DOI: 10.1177/00157325221088707
       
  • Measuring Export Related Port Logistics in India: An Attempt to Rank Major
           Ports

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      Authors: Dripto Mukhopadhyay, Sanjib Pohit, Devendra B. Gupta
      Abstract: Foreign Trade Review, Ahead of Print.
      The main objective of this article is to showcase the major activities/processes each exporter/importer needs to go through in any land port, seaport or airport. The article looks into the processes, time taken during various processes, the perceptions of stakeholders about the extent of challenges they face during these processes and the logistics costs. Finally, the article provides a comparison across exporting ports in terms of their efficiency in clearing cargo. However, we have also attempted to measure of the efficiency of the port in terms of cargo offloading.JEL Codes: P45, R41, R48, Q37
      Citation: Foreign Trade Review
      PubDate: 2022-03-29T05:18:51Z
      DOI: 10.1177/00157325221084479
       
  • Impact of FDI and Its Absorption Capacity on the National Innovation
           Ecosystems: Evidence from the Largest FDI Recipient Countries of the World
           

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      Authors: Naveed Ul Haq
      Abstract: Foreign Trade Review, Ahead of Print.
      Foreign direct investment (FDI) improves economic growth by stimulating native investment, facilitating technology transfers in the recipient country and increasing human capital development, thus playing a vital role in economic development. On the other hand, innovation is also considered one of the major drivers for the economic growth of a country. This study empirically investigates the impact of FDI and its absorption capacity on the national innovation system of the world’s top five largest FDI recipient countries for the period of 1990–2016. Using two-stage analysis (DEA and Tobit regression), we found that research and development expenditures, researchers in the host country and the number of patents, trademark and industrial design applications are positive drivers of the national innovation systems. Moreover, the FDI inflows positively impact the innovation efficiency in the host countries. However, the strength of this relationship depends on the availability of the absorption capacity of FDI in the host country. The result shows that the global financial crisis and inflation negatively impact the FDI inflows and innovation efficiency in the sample countries. It concludes that FDI inflows and the country’s strength of domestic absorption capacity are essential drivers for developing national innovation ecosystems.JEL Codes: F1, F4, G10, M21
      Citation: Foreign Trade Review
      PubDate: 2022-03-03T09:38:17Z
      DOI: 10.1177/00157325221077007
       
  • Non-linear Effect of Real Exchange Rate Variability with Macroeconomic
           Variable on Non-Petroleum Commodities of India– US Trade

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      Authors: Mohini Gupta, Sakshi Varshney
      Abstract: Foreign Trade Review, Ahead of Print.
      This article aims to explore the asymmetric influence of real exchange rate volatility on India–US trade commodity-wise. In this study, the assumption of symmetric relation is neglected and assessed on the asymmetric effect of real exchange rate volatility on 90 commodities distributed under 6 industries. This study verifies short-run and long-run asymmetry effects, the short-run effect in 21 Indian exporting commodities and 19 Indian importing commodities. However, the short-run effect lasting onto the long run in 16 exporting commodities and 27 importing commodities strongly supports the J-curve. Also, non-linear causality is witnessed in this study running from real exchange rate variability to export trade and import trade. The empirical analyses explain that commodities will benefit the export or import growth with the depreciation of exchange rate or discouraging with the appreciation of exchange rate. The findings of the study provide a view for policy making.JEL Codes: C22, F1, F14, F31, O19
      Citation: Foreign Trade Review
      PubDate: 2022-03-03T09:37:39Z
      DOI: 10.1177/00157325221077004
       
  • Determinants and Potential of Seafood Trade: Evidence from a Transitional
           Economy

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      Authors: Chung Van Dong, Hoan Quang Truong
      Abstract: Foreign Trade Review, Ahead of Print.
      This study, by employing an augmented gravity model under the Poisson pseudo-maximum-likelihood (PPML) estimation, aims to scrutinise the determinants and potential of seafood exports from Vietnam—a transitional and emerging economy to the global market over the period of 2000–2018 at both aggregate and sectoral levels. With remarkable growth over the years, Vietnam has become the largest seafood exporter in Southeast Asia. The country’s seafood exports have been diversified in terms of export structure and export markets. The estimation results show that the size of economies and market development from importers are the main factors that are driving Vietnam’s total seafood exports. At the sectoral level, the magnitude of the effects of income per capita significantly differs among the subsectors of seafood. We find that the impacts of factors such as region, access to the World Trade Organization (WTO) and the free trade agreement (FTA) establishment on Vietnam’s seafood exports are heterogeneous. We found that there is still room for the expansion of Vietnam’s seafood exports to some market destinations. This article suggests a dynamic strategy to increase Vietnam’s seafood exports in the coming years.JEL Codes: F1, F14, Q1
      Citation: Foreign Trade Review
      PubDate: 2022-02-16T09:31:25Z
      DOI: 10.1177/00157325221077003
       
  • Do International Fragmentation of Production and Global Value Chains
           Participation Affect the Long-run Economic Growth'

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      Authors: Camila do Carmo Hermida, Anderson Moreira Aristides dos Santos, Mauricio Vaz Lobo Bittencourt
      First page: 367
      Abstract: Foreign Trade Review, Ahead of Print.
      This article aims to investigate whether the international fragmentation of production and the global value chains (hereafter GVCs) participation affects the economic growth for a set of 40 advanced and emerging economies. It considers four aspects related to the type of participation and position in GVCs captured by different value-added measures: (a) vertical specialisation index; (b) GVC participation index; (c) GVC position index in low-tech sectors; and (d) GVC position index in high-tech sectors. A panel autoregressive distributed lag (PARDL) model is pioneeringly employed to capture the long-term relationship between economic growth and our four measures for annual value-added data from 1995 to 2011, provided by the World Input–Output Tables (WIOT). The main long-run results indicate that (a) higher levels of international fragmentation of production and GVCs’ participation ensure higher GDP per capita growth rates; (b) the fragmentation and GVCs’ participation are more important to GDP growth than the gross exports as a percentage of GDP; (c) GVCs’ participation index, which considers both the ‘forward’ and ‘backward’ participation, is less important than the vertical specialisation, measured by the foreign intermediate imports; and (d the countries engaged in upstream positions in low-technology GVCs were positively and significantly benefitted in terms of growth.JEL Codes: F14, F43
      Citation: Foreign Trade Review
      PubDate: 2022-01-13T04:05:21Z
      DOI: 10.1177/00157325211050448
       
  • The Role of Technology in Increasing Competitiveness: An Examination of
           the Indian Garment Clusters

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      Authors: Saon Ray, Smita Miglani
      First page: 408
      Abstract: Foreign Trade Review, Ahead of Print.
      In this article, we examine the Indian garment industry to examine the effect of clusters on the sales of this industry. The data has been collected through a primary survey in five garments clusters in India. The variable that is significant in explaining sales in most equations is technology proxied by imported machinery. It has been argued that inter-firm linkages and linkages between firms, service providers and institutions are crucial for competitiveness and this is best achieved through a cluster. Studies on clusters have shown that some clusters have been able to deepen their inter-firm division of labour, raise their competitiveness and break into international markets. The development of the cluster in India has followed the ‘top-down’ approach and the natural process through which linkages are developed are yet to occur in most clusters.JEL Codes: F14, L67, L23
      Citation: Foreign Trade Review
      PubDate: 2022-02-06T05:56:50Z
      DOI: 10.1177/00157325211073848
       
  • Indian SMEs in Global Value Chains: Status, Issues and Way Forward

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      Authors: Sonia Mukherjee, Arpita Mukherjee
      First page: 473
      Abstract: Foreign Trade Review, Ahead of Print.
      Small and medium enterprises (SMEs) account for bulk of the enterprises in most countries and play a crucial role in global value chains (GVCs). In India, micro, small and medium enterprises (MSMEs) constitute around 30% of the gross domestic product (GDP), accounts for 50% of exports and a major share in employment. Under the Aatmanirbhar Bharat Abhiyan, the Central government intends to enhance the share of MSMEs in exports to 60% in the next 5 years. The government also plans to increase the contribution of the MSMEs to 40% of the GDP. In this context, this article examines how effective the government policies have been in the past 10 years to help Indian MSMEs integrate in the GVCs. It first presents an overview of the MSMEs in India, focusing on their exports and global market integration. It then examines the schemes and policies of the Ministry of Micro, Small and Medium Enterprises, and provides an empirical estimation (2000–2001 to 2020–2021) of the impact of government schemes/programmes on MSMEs integration in the GVCs. Based on key informant interviews, it identified the core issues faced by the MSMEs and makes recommendation on how to address them, so that, the targets set by the government for enhancing the contribution of the sector to GDP and exports can be achieved.JEL Codes: F10, G28, O10, O20, O57
      Citation: Foreign Trade Review
      PubDate: 2022-04-27T12:48:23Z
      DOI: 10.1177/00157325221092609
       
  • Book review: Bihong Huang and Eden Yu (Eds), Ways to Achieve Green Asia
           2020

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      Authors: Devleena Majumdar
      First page: 497
      Abstract: Foreign Trade Review, Ahead of Print.
      Bihong Huang and Eden Yu (Eds), Ways to Achieve Green Asia 2020, Asian Development Bank Institute. 344 pp., ISBN: 978-4-89974-211-1 (Print), ISBN: 978-4-89974-212-8 (PDF).
      Citation: Foreign Trade Review
      PubDate: 2022-06-14T05:10:53Z
      DOI: 10.1177/00157325221104585
       
 
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