â â â â â â â â â â â  the recent global crisis, as a big crash ( baldwin and simon , 2009), has reduced foreign demand growth affecting total countries’ exports. given the importance of foreign trade to nations and the reality that recent crisis has affected international trade we study the effects of the global financial crisis on trade relations between countries by using ma and cheng (200...

The effect of a shock in the foreign economic performance on the domestic economy is an attractive research area. It has consistently been found that this effect is non-negligible. However, the countries examined are mostly developed countries. In this study, the effects of a shock in foreign economy on the economic performance of Turkey are examined. The estimates suggest that a positive shock...

The recent global crisis, as a big crash ( Baldwin and Simon , 2009), has reduced foreign demand growth affecting total countries’ exports. Given the importance of foreign trade to nations and the reality that recent crisis has affected international trade we study the effects of the global financial crisis on trade relations between countries by using Ma and Cheng (2003) approach and by appl...

The large increases in foreign capital flows into the U.S. caused by foreign central banks or oil-exporting countries have stimulated research as to their effect on U.S. interest rates. My thesis seeks to shed light on this topic by examining the relationship between Japan’s foreign reserve investment, which was propelled by its world record intervention, and U.S. interest rates. Additionally, ...

This paper reviews the empirical evidence on host country effects of foreign direct investment. The focus of the paper lies on the transfer and diffusion of technology from foreign multinationals to their host countries, the impact of foreign MNCs for the trade performance of host countries, and the effects on competition and industry structure in host countries. We conclude that MNCs may play ...

China’s Approved Destination Status (ADS) policy governs foreign leisure travel by citizens to ADS-designated countries. To model the effects of ADS on Chinese visitor arrivals, we specify a model of demand for a representative Chinese consumer who values trips to n differentiated foreign destinations. Using panel data for Chinese visitor arrivals for 61 countries from 1985 to 2005, we estimate...