On one monthly time-series data set of Vietnam economy over 02/2008–09/2018, the Time-Varying-Coefficient VAR model records that trade-off between inflation and output growth is mitigated by foreign capital inflows. The mostly determined credit supply growth, while largely driven direct investment (FDI) A increase FDI USD 1 billion can raise 1.77% rate. result also holds on accounting for excha...

We study a multicommodity routing problem faced by an intermodal service operator that uses ground and maritime transportation. Given a planning horizon, a set of commodities to be picked up at their release times and to be delivered not later than their duedates, the problem is to decide on routes for these commodities using trucks and scheduled and capacitated maritime services at minimum cos...

In 1992, the U.S. Federal Energy Regulatory Commission created a secondary market for natural gas transportation whereby shippers holding firm transportation capacity on interstate natural gas pipelines can compete with the pipeline in the provision of transportation services. However, if a shipper does not use some of its contracted firm transportation capacity, the pipeline can resell that ca...

This paper focuses on an overview of an autonomous navigation system in maritime transportation that is supplied with intelligent guidance to avoid collision, while respecting the COLREGs rules and regulations and using expert knowledge in navigation for close quarter’s manoeuvres. The proposed collision avoidance process consists of two modules: a fuzzy logic based parallel decision making mod...

The present study aims to examine the short-run and long-run impact of China’s trade liberalization policies on its energy demand over period from 1980 2018. results Autoregressive Distributed Lag approach co-integration show that consumption significantly increases as a result openness increase in real Gross Domestic Product (GDP). granger causality test also confirm unidirectional running GDP...

Foreign direct investment (FDI) brings host countries capital, productive facilities, and technology transfers, as well as new jobs and management expertise. Thus, it is important to understand the basic reasons for FDI inflow and make clear what gains from FDI are. In the present paper, based on theoretical findings we formulate clear message stating that inflow of FDI does not need to be expl...

On 1 January 2007, Slovenia was the first new EU member state to enter the euro area. Since June 2004, the Slovenian tolar participated in the exchange rate mechanism ERM-II with a central parity of 239.64 against the euro. This parity was also the conversion rate upon euro area accession. Applying a macroeconometric model of Slovenia, this paper analyses the macroeconomic effects of different ...

This paper explores the paradox that the EU invests significant effort into including regulatory issues into Free Trade Agreements with apparently little binding impact other than in the case of prospective candidate countries who are likely to become members of the EU. The explanation does not appear to be pressure from the EU for binding agreements that is resisted by developing country partn...

We examine the effect of financial integration on capital stocks and income per capita, explicitly taking into account the division of output between tradable and non-tradable goods. Capital per worker in a financially integrated country is shown to depend on the size and relative capital-intensity of the tradable sector. Using a panel of 67 countries over the period 1976-1999, we show a weakly...

The paper examines the interactions between economic integration and population agglomeration in a middle product economy displaying neoclassical growth. There are two vertically integrated economies. Each consists of a large number of final good competitive firms operating plants in both regions, and a large number of intermediate goods monopolistically competitive firms operating each in only...