Emerging countries and trade regionalization. A network analysis

نویسندگان

  • P. Lelio Iapadre
  • Lucia Tajoli
چکیده

In this paper, the authors start from the observation of two apparently contradictory trends: the increasing regionalization of trade and the proliferation of regional trade agreements, on the one hand, and the increase of the average number of trading partners of each country and of the trading distances over time due to decreasing transportation and communication costs, on the other, pointing to more globalization. They are brought together to better understand the characteristics of the process of internationalization which is involving so many emerging countries. In particular, by considering the extent of regionalization in trade or the preferentiality of regional trade, as well as the structure of some existing trade agreements in terms of influence of individual countries on intra-regional trade flows, they address the following questions: is internationalization of emerging countries starting at a regional level and eventually evolving to make them global players? Is the growing export strength of many lowor mid-income and size economies due to their linkages to some increasingly important traders in the world market, or is it an autonomous development of their economies? The authors start from a particular specification of bilateral trade intensity indices which allows for measuring revealed trade preferences, overcoming several statistical shortcomings of traditional indicators. They then apply the tools of network analysis, in order to take into account whether local trade structures and preferential agreements affect the overall system of international trade. © 2013 Society for Policy Modeling. Published by Elsevier Inc. All rights reserved. JEL classification: F14; F69

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

The Application of Complex Networks Analysis to Assess Iran's Trade and It's Most Important Trading Partners in Asia

The existing trade models suggest that for tradable goods potential partners can be many, but eventually only one (the one offering the best price) should be selected, therefore relatively few (unidirectional) trade links will appear between countries. If the structure of international trade flows describes as a network, trade link would give rise between countries. This paper exploit recently-...

متن کامل

Spatial Panel Pattern Modeling in the Analysis of Saffron Foreign Trade Network

    One of the factors that have a significant impact on the economic development of countries is reliance on foreign trade, and due to the dependence of countries on export earnings and the import of foreign trade, it plays an essential and indisputable role in the growth and development of different sectors. Foreign trade in agricultural products has an important role in expanding the export...

متن کامل

Economic Relationship of China -Korea- Japan and Their Technological Cooperation in the IT industry

Regionalization is a part of globalization and a dynamic process of marching towards globalization. The so-called NADEs (Northeast Asia’s Dynamic Economies) including Japan, Korea and China are expected to lead economic growth in the Asia-Pacific region. This paper analyzes the trade and investment relationships among the three countries, points out the necessity for their technological coopera...

متن کامل

The Rise of China in the International Trade Network: A Community Core Detection Approach

Theory of complex networks proved successful in the description of a variety of complex systems ranging from biology to computer science and to economics and finance. Here we use network models to describe the evolution of a particular economic system, namely the International Trade Network (ITN). Previous studies often assume that globalization and regionalization in international trade are co...

متن کامل

Liberalization Sequencing and Currency Instability: A Case Study of 20 Emerging Economies

Abstract Financial crises and currency instabilities within developing and emerging economies during the last decade had a tremendous impact on the economic performance and increased vulnerability of economies against domestic and foreign shocks. The timing of capital liberalization is one of the significant debates among other issues related to currency instability, and it would be more conven...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2015