Productivity differences are viewed as an important explanation of cross-country percapita income differences. The recent literature has put forward two principal explanations for differences in productivity, technology transfer and absorptive capacity. This paper finds evidence that both are important for explaining productivity differences in developing countries and that international trade ...

The growth of regional trade blocks has been one of the major developments in international relations in recent years. Regional agreements vary widely but, all have the objective of reducing barriers to trade between member countries that in most cases result in increasingly trade flows and economic growth. This paper attempts to explore the results of trade integration in ECO, EU and OIC block...

in more recent years, it has become increasingly recognized that r&d; (research and development) is a key driver of economic growth, a source of innovation and change, and as such stimulates improvements in productivity and economic competitiveness. it is closely associated with knowledge and flexibility, two factors that have gained new significance as a source of competitiveness in an increas...

This paper investigates the link between domestic income inequality and international trade using a dynamic model of occupational choice. After showing how systematic patterns of comparative advantage arise among countries with no di®erences in their economic fundamentals, I provide two results regarding trade liberalization describing the full transition dynamics. First, international income d...

True. In low-income countries, openness to international trade is indispensable for rapid economic growth. Indeed, few developing nations have grown rapidly over time without simultaneous increases in both exports and imports, and virtually all developing countries that have grown rapidly have done so under open trade policies or declining trade protection. India and China are the best recent e...

The main objective of this study is to evaluate the impact of maritime transportation instability on international trade instability based on wavelet smoothing and spatial panel data econometric method during the period 1990-2012. The results showed that the spatial effects have an impact on international trade instability. So that a sudden 100 percent increase in international trade in the nei...

Trade relationships built through production chains appear to be lasting due to relation-specific nature of the transactions, compared with the usual transactions of goods sold on the open market. This paper aims to verify such stability of international production networks at the global level, with special emphasis on intra-East Asian trade. A series of survival analyses provide an evidence su...

The article depicts the situation before Cold War in which developing countries (DCs) and least Developed countries (LDCs) found themselves big loser, as they were deprived from participation in trade negotiation process, leading into establishment of GATT . Therefore, they resorted to UNCTAD  as the sole defender of their interests against Developed Countries in trade negotiations. UNCTAD has ...

Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally benefit the abundant unskilled labor. Yet extensive empirical studies have identified many cases wit...