Pacific economies are confronted with several structural constraints that limit their economic growth, most importantly their small size and remoteness from major world markets. In this paper we study the importance of transport connectivity for Pacific economies when participating in the world economy. The paper first describes the evolution of trade flows of the Pacific economies over the las...

This paper assesses the determinants of trade in services using a gravity model, with particular attention given to the role of barriers to services trade. Initially, the application of the gravity equation to services trade is examined. A variety of econometric estimators are tested and the Hausman-Taylor model is found to be the best estimator. The gravity model fits services trade flows in a...

T.N. Srinivasan and Vani Archana INTRODUCTION The standard models of international trade such as the Ricardian, Hecksher-OhlinSamulelson (HOS) and specific factor models focus on explaining the commodity patterns of trade between countries and their determinants primarily comparative advantage. Constant returns to scale in production are assumed to prevail so that the structure of production in...

Using a gravity model, we estimate the magnitude of potential trade flows between Ireland and the five CEEC countries which are currently negotiating accession to the EU. We find that Irish exports were already close to their “normal” level in 1994, but that imports from the CEECs were still less than half of their potential size. The value of estimated potential trade corresponds to 0.8 per ce...

The Southern timber market is the major source of both softwood and hardwood pulpwood in the US. In 1997, three-fourths of total US pulpwood production was produced in the region. The locations of pulpmills and fiber sources determine the patterns of pulpwood trade between the states. Prediction of trade is important for understanding subregional pulpwood markets in the US South and for timber ...

This paper describes an extension of Duchin’s World Trade Model to include the explicit representation of transportation costs, permitting the endogenous determination of bilateral trade flows and region-specific prices. The original model is a linear program that, based on comparative advantage and the minimization of factor use, determines regional production and trade flows as well as world ...

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...

In this paper we test the importance of the regional restructuring hypothesis by investigating whether the internal migration flows in Western Germany can be explained by employment changes, on the basis of data of out-migration of employed workers and employment in 75 regions over the period 1982-1997 for each year separately. Starting from a conditional probability model for the unobserved in...

a r t i c l e i n f o The literature measuring the effects of WTO membership on trade flows has produced remarkably diverse results. Rose (2004) reports a wide range of empirical specifications that produce no WTO effects. Tomz et al. (2007) use Rose's data but include de facto WTO membership, to find positive WTO trade effects. Rose (2005) also produced positive WTO trade effects after account...

extension of trade liberalization in countries is cause to increasing amount of goods in different sectors. exploit of global trade by increasing competitive power was regarded by researchers and policymakers in different countries. whereas abundance of production factor is one of the agent that makes advantage and qualitative land and labor force are two abundance production factors in agricul...