It has been argued that cooperative behavior in the plant-mycorrhizal mutualism resembles trade in a market economy and can be understood using economic tools. Here, we assess the validity of this "biological market" analogy by investigating whether a market mechanism--that is, competition between partners over the price at which they provide goods--could be the outcome of natural selection. Th...

Iran`s pharmaceutical products market as one of the major markets of the country has been faced with fluctuations over time. Suitable market selection is necessary for stability of pharmaceutical exports. Study of the global market structure of this product leads to policy makers in development, production, and trade of pharmaceuticals and finally increases country’s share of the world pharmace...

During the 19th century, Ottoman Empire experienced an increased integration into world economy, primarily through development of bilateral trade with European markets. This study examines determinants its trading partners between 1878 and 1913 using a panel regression framework. The results indicate that GDP partners, distance, common borders, adoption metric system significantly affected trad...

Accompanying the unprecedented outburst of Free Trade Agreements (FTAs), scholarly interests in the new wave of regionalism have been flourishing. Yet, notwithstanding its contribution, extant literature has paid little attention to an important aspect of FTA formation: the choice of FTA partners and the underlying structure of the FTA network. While theoretical conjectures about likely FTA par...

The effectiveness of risk mitigation may be compromised by informal trade, including illegal activities, parallel markets and extra-legal activities. While no regulatory system is 100% effective in eliminating the risk of disease transmission through animal and animal product trade, extreme risk aversion in formal import health regulations may increase informal trade, with the unintended conseq...

Using annual data for the period 1992-2012, this paper examines trade flows between China and its main trade partners in Asia, North America and Europe, and whether increasing trade has led to industrial structural adjustment and changes in China’s trade patterns. The analysis is based on both economic indicators and the estimation of a gravity model, and applies recently developed panel data m...

This paper builds a numerical global general equilibrium model to simulate the effects of US-initiated trade protection measures on manufacturing employment. The simulation results show that US reduce employment in US, and these losses will further increase if partners take retaliation measures. Although can demand for domestic manufactured goods because decreased foreign demand, increased cons...

In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects which are more precisely estimated than by employing the ’true’ bilateral trade shares. This casts some...