Purpose: We focus on systematically discussing the impact of China’s accession to WTO and the financial crisis on China’s exports to Germany, particularly in agricultural products, based on some most recent proposals. Design/methodology/approach: The study follows a two-stage framework. Firstly, structural breaks caused by those events are detected. Then suitable econometric models and a new tr...

Regionalism is an integral part of the broader economic policy reforms that have occurred in the Western Hemisphere over the last decade. This chapter examines the dynamic effects of regional integration arrangements in the Western Hemisphere on the U.S. economy, including U.S. agriculture and agricultural trade, by taking into account changes in saving-investment and capital accumulation. Thro...

Problem statement: One of the main targets of Iran’s economic development plans in agricultural sector during the recent years was to augment agricultural exports and establish a positive trade balance in this sector. In this research the impact of macroeconomic indicators of Iran and its 20 trading partners on Iran’s agricultural trade balance had been investigated. Approach: The ARDL approach...

The evidence of intra-industry trade (IIT) is one of the most important empirical findings in international trade literature, though its empirical background is poorly developed. The article contributes to the empirical literature by analysing the effects of EU accession on intra-industry trade by using the Grubel-Lloyd index. Results show that agricultural trade between Hungary and EU15 in 200...