The objective of this paper is to explore the effect of financial crisis on trade flows of steel industries in the major Asian-Pacific steel producing countries. Using a static and dynamic panel data analysis, we test the hypothesis that the global financial crisis has a negative effect on Asia-Pacific bilateral steel trade flows. We also examine the role of regional trade integration in bilate...

The United States is a large net exporter of corn seeds. Seed trade, including that of corn, has been expanding, but its determinants are not well understood. This paper econometrically investigates the determinants of world demand for U.S. corn seeds with a detailed analysis of trade costs impeding export flows to various markets, including costs associated with distance, tariffs, and sanitary...

In recent years, there has been an increasing interest in currency :union:s internationally. The formation of currency :union: in Organization of Islamic Cooperation (OIC) has drawn much attention of Islamic countries. This paper aims to investigate the effect of currency :union: formation for trade among 49 Islamic countries over the period 1990-2012 by OCA and Augmented Gravity Model (AGM). T...

From the perspective of new growth models and new international trade theories, both exports and imports play an important role in a dynamic economy. Economically, we cannot merely emphasize on a positive trade balance and we ignore the benefits of imports, and also we cannot advise negative trade balance. But the main concern of policy makers about international trade should be making stabilit...

In the relevant literature, there has been a lack of discussion to focus particularly on the relationship between entrepreneurship and international trade. It is more restricted when one intends to seek an interaction between international trade and the indexes of the 3A approach of entrepreneurship, including entrepreneurial attitude, activities and aspirations which are collected from Global ...

during recent years, a debate has been taking place on the relationship between economic growth and trade policies. the present article explores the impact of trade liberalization on economic growth in islamic countries. we chose a sample of 26 islamic countries and using the gmm method, estimated the correlation between trade liberalization and economic growth for the period 1990-2003. the emp...

We examine a standard, gravity model of international commerce, augmented to include political as well as institutional influences on bilateral trade. Using annual data from 1980-2001, we estimate regression coefficients and residual dependencies using a hierarchy of models in each year. Rather than gauge the generalizability of these patterns via traditional measures of statistical significanc...