The purpose of this study is to investigate the factors affecting the manufacturing industry wage among selected developing countries based on new economic geography theory. More specifically, we use a panel data model to study the spatial structure of wages in 136 countries for the period 1998-2007. The results indicate that this theory provides a good description of the spatial structure of w...

In August 2014, the Russian Federation implemented an embargo on select food and agricultural imports from Western countries in response to previously imposed economic sanctions. this paper we quantify effect of consumer prices welfare Russia. We provide evidence for direct monthly with a difference-in-differences approach. The caused embargoed goods rise by up 7.7% – 14.9% short run average 2....

Issue The ter m ”Dutch Disease” originally referred to the adverse effects of the large North Sea natural gas discoveries on the Dutch manufacturing sector and economic growth. Dutch Disease is now an economic term that refers to the general ef fects of a commodity export boom on an economy. The booming sector drives up the cost of labour and other non-tradable inputs, which makes other tradabl...

intra-industry trade (iit) comprises of instantaneous imports and exports of goods and services which are handled in a same industry. the importance of iit between trading partners refers to those tradable products that provide them with diversity and high technology. to expand its foreign trade relations, iran indeed requires such trade patterns that include diversification of goods and servic...

For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different countries adding value to global supply chains, or what might be called “trade in tasks.” We propose a new conceptualization of the global production process that focuses on tradable tasks and use it to s...

This paper obtains an evolving pattern of goods market integration in Russia, considering the period of economic upturn, since the second half of 2000 through the end of 2007. In an integrated market, the price of a tradable good at any location is determined by the national market, not local demand. Based on this, the strength of dependence of local prices on local demands is used to detect an...