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Sample records for Agrarian foreign trade, foreign trade, competitiveness, competitive advantage, Balassa index, Lafay index.

  1. The competitiveness of Slovak foreign trade in the European market

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    Pavličková Viera

    2013-01-01

    Full Text Available The paper deals with the competitiveness of the Slovak Republic in its ability to succeed in foreign markets. It provides a complex view of Slovak foreign trade within the European Union using a sectoral classification of products. Several appropriate methods (Constant Market Share Analysis, Revealed Comparative Advantage, Michaely Index, and unit export and import values are applied to quantify the competitiveness of Slovak foreign trade and to identify the level and trend of its specialisation. The analysis uses the data provided by the Eurostat Comext database for the period 1999-2011. The results confirmed Slovakia as a former transition country to be a fast developing open economy. Its production is competitive in the European market, although mainly with prices. Labour- and capital-intensive commodities, along with the automotive industry, dominate Slovak foreign trade. Technology- and R&D-driven goods have a comparative disadvantage as a consequence of several factors, such as lack of innovation and creativity in the business sphere. A shift towards export of more sophisticated products would be beneficial in supporting long-term sustainable development; however, no significant change in Slovak commodity structure has occurred over the past years.

  2. Agrarian foreign trade of the Czech Republic in the period of 2004–2008, competitiveness of commodities

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    Jaroslava Burianová

    2011-01-01

    Full Text Available The paper deals with agrarian foreign trade (AFT of the Czech Republic during the period of 2004–2008. Distinct changes in the trade volume, but also changes in the net export structure were observed. The export is being assisted with a much larger trading area without customs restrictions but it is also exposed to a much tougher competition. A methodology that makes it possible to evaluate the competitiveness of individual commodities is described in the first part. A sequence of individual items from a total list of basic food goods was analyzed using chosen indicators – Balass indicator RCA (Revealed Comparative Advantage as well as the Michaely index MI that shows a specific degree of specialization for export. In the Results section, attention is firstly focused on the year 2004. The values of export and import for 24 items of basic food commodities are summarised, and the most important items in respect of the share in total export are selected. Analogical output was acquired for the year 2008. The values of RCA and MI indicators are then itemised, and a sequence is determined for the highest values for the commodities able to compete that shows the specific degree of specialization for export.

  3. Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries

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    Miroslav Svatoš

    2010-01-01

    Full Text Available This paper analyses the commodity structure of Czech (CR agrarian trade in relation to the EU countries. An emphasis is put on comparative advantages of particular aggregations from the view-point of their application on the EU internal market. This analysis is based on an evaluation of comparative advantages by means of a modified Balassa index. It is studied in two stages, for the internal EU market and the world market. The analysis results are then shown in a graph. Subsequently, the authors implement an idea arising from a BCG matrix on the results of the graphic presentation. The aim is to identify those aggregations (SITC, rev. 3 which are or have a potential to be a pillar of agri-business (ie, the “cash cows” and “stars”, and vice versa to show the aggregation which are non-prospective in the long term or problematic (ie, the “dogs” and “problem children”. As start are identified as those aggregations which are characterised by the highest growth rate of comparative advantage value. From the analysis results, changes are apparent if we compare the CR trade commodity structure in relation to the EU countries. Findings also concern the development of comparative advantages and following CR specialisation on trade with certain aggregations.

  4. The Leading Economic Sectors Building Comparative and Competitive Advantages in Romania's Foreign Trade

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    Adriana Giurgiu

    2008-05-01

    Full Text Available For now on, as a member state of the EU, Romania and the Romanian commercial operators should maximize the foreign trade’s opportunities given by the rich portfolio of free trade agreements of the European Union and try to reorient our exports towards countries where the products of which the structure of our Romanian exports is consisted of hold a comparative and competitive advantage, in order to reduce the Romanian long-term trade balance deficit. Therefore, this paper focuses on finding out the leading sectors with high potential to maintain and consolidate the comparative and competitive advantages of the Romania’s foreign trade.

  5. Czech Foreign Trade with Meat and Meat Products

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    Karina Pohlová

    2016-04-01

    Full Text Available The meat production and meat processing industry are the most important parts of the agribusiness in the Czech Republic. The problem of the industry is its low competitiveness towards foreign producers and processors which results in negative balance of foreign trade. The aim of the article is to evaluate long-term development of value and structure of Czech foreign trade flows of meat and meat products. The analysis covers the period of 2001–2014. The problems of the negative trade balance are revealed through description of the trade flows of meat and meat products, the RCA index and relations between import and export prices. The analysis points out the problems of low competitiveness of the intermediate and finalized meat. Alternatively, Czech Republic has comparative advantage in live animals, sausages and homogenized meat products.

  6. Competitive advantage for differentiation of Pereira International Free Trade Zone

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    Paola Andrea Echeverri Gutiérrez

    2014-01-01

    Full Text Available The best way to know if a company is at the heart of success is by determining its competitive advantage. For Pereira International Free Trade Zone, foreign trade platform and recent project implementation, it is important to identify its competitive advantage, so it can develop strategies for entering and staying in the market. In this research, an analysis of the five forces industry free zones was performed, the value chain of the Pereira International Free Trade Zone was defined, finally the factors that influence their competitive advantage was determined.

  7. International Trade Logistic Services Competitiveness in the Pacific Basin

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    América Ivonne Zamora Torres

    2014-06-01

    Full Text Available The development of efficient logistics plays a crucial role in national trade competitiveness. The present study aims to determine Mexico´s foreign trade logistics competitiveness with respect to the largest economies of the Asia-Pacific Economic Cooperation in 2012. The study considers three key variables: customs, international transport and logistics services. It uses a principal components analysis to compute a foreign trade logistics competitiveness index. The results indicate that the three variables have a direct and significant impact on international trade logistics competitiveness. According to the analyzed variables, the most competitive countries are, in descending order, Panama, China, Singapore, Korea and Thailand. The study identifies improvement opportunities for Mexico on the logistics and customs factors.

  8. Characteristics of Serbian foreign trade of agricultural and food products

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    Božić Dragica

    2016-01-01

    Full Text Available Agricultural and food products are a significant segment of the total foreign trade of Serbia, which is characterized by a relatively high import dependency, modest export and constantly present deficit. In such conditions, agrarian sector serves as a stabilizer, and its importance is reflected in the permanently positive balance, increased participation, particularly in total exports, and balancing the trade balance of the country. The aim of the paper is to analyze the basic characteristics of foreign trade of agricultural and food products of Serbia in the period 2005-2015. The tendencies in export, import, and the level of coverage of import by export of agro-food (or agrarian products are analysed. The participation of these products in the total foreign trade of Serbia is also considered, followed by the comparison of this indicator with the neighbouring countries. In the next part of the paper, the structure of Serbian export and import of agricultural and food products (by product groups is analysed. Special attention is given to the territorial orientation of export and import of agrarian products by the most important trade partners. In order to conduct more comprehensive analysis of comparative advantages, or competitiveness of certain groups of agro-food products of Serbia in the exchange with the world, indicator of Revealed Comparative Advantage (RCA is calculated. The analysis of qualitative competitiveness is derived using the indicator - unit value of export and import. The analysis points to the dynamic growth in the value of Serbian export and import of agro-food products, with the constant surplus of trade balance in the observed period. These products are significantly represented in the structure of the total foreign trade of the country, particularly in export (with about 20%. RCA indicators show that Serbia has a comparative advantage in trade of agro-food products to the world in primary products and products of lower

  9. Competitive versus comparative advantage

    OpenAIRE

    Neary, J. Peter

    2002-01-01

    I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly in general equilibrium. Comparative advantage always determines the direction of trade, but both competitive and absolute advantage affect resource allocation, trade patterns and trade volumes. Competitive advantage in the sense of more home firms drives foreign firms out of marginal sectors but also makes some marginal home sectors uncompetitive. Absolute advantage in the se...

  10. ROMANIAN FOREIGN TRADE - A REGIONAL PERSPECTIVE

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    Gabriela Carmen Pascariu

    2010-03-01

    Full Text Available The increasing integration of Romania in the global economy is a reality of the last years, proved through a constant growth of the foreign trade with other countries, which exceeded, in terms ofdynamics, both GDP and industrial production. In the first part of our paper, we intend to analyze the evolution of Romanian foreign trade in the period 1995-2007, focusing on the proportions of the imports and exports, at regional level. We wish to emphasize the correlations between the indicators that describe the degree of openness to foreign trade and indicators of competitiveness and specialization in different industries. The main goal of our approach is to highlight the sectors which generate comparative advantages and potential competitiveness poles, contributing significantly to the increase of the Romanian economy, expressed in GDP/capita. In the second part of the paper, based on the frame of analysis and interpretation defined and implemented in the first part, we intend to establish if the agglomeration processes in some regions of ourcountry will lead gradually to the strengthening of growth poles and, therefore to boost the foreign trade.

  11. CONSIDERATIONS ON TRANSACTIONS OF FOREIGN TRADE

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    Paliu-Popa Lucia

    2009-05-01

    Full Text Available In the complex connection process of national economies to global economy flows, an important role has the foreign trade, which in recent decades has become, in the market economy conditions, one of the factors determining for economic growth. Foreign trade, as a separate branch of the national economy is an important factor of economic growth, caused by the internationalization of business and determining for the process of globalization. For Romania, a country still in transition and recent member of the European Union is particularly important to enhance the participation to international trade in goods and services, but also attracting foreign investments in the economy as the main possibilities for the re-industry and restructuring the national economy in order to creation and maintenance of sustainable competitive advantages. Starting from these considerations, in this article I addressed/aproached the theoretical aspects of foreign trade, without omitting intracomunity purchases and deliveries of goods.

  12. The tobacco international competitiveness of the South Brazil :1997-2014

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    Ricardo Candéa Sá Barreto

    2016-07-01

    Full Text Available The research analyses the international competitiveness of the southern tobacco in international trade. We used data analysis system of the Foreign Trade Information Internet (ALICE-Web, the Foreign Trade Secretariat (SECEX of the Ministry of Development, Industry and Foreign Trade (MDIC in the years 1997-2014. Additionally, advantages index were constructed for and competitiveness revealed to observe the state of the production behavior in international trade. The results show that the southern region has a high relative advantage in tobacco exports over the years considered. The revealed competitiveness was positive, however, advantage of greater magnitude since 2005.

  13. Directory of Book Trade and Related Organizations. Books Trade Associations, United States and Canada; International and Foreign Book Trade Associations; National Information Standards Organization (NISO) Standards; Calendar, 2003-2012; Acronyms; Index of Organizations; Subject Index.

    Science.gov (United States)

    Bowker Annual Library and Book Trade Almanac, 2003

    2003-01-01

    Includes two lists: one of book trade associations in the United States and Canada, and one of international and foreign book trade associations. Concludes with National Information Standards Organization (NISO) standards; calendar, 2003-2012; acronyms; index of organizations; and subject index. (LRW)

  14. Oil refining in U.S. foreign-trade zones

    International Nuclear Information System (INIS)

    Powell, S.J.; Potter, T.J.

    1991-01-01

    With the crude-oil import supply being as inexpensive as it is today, relative to domestic supply, many independents have been sourcing their crude-oil needs from abroad and have found it an opportune time to step up their level of refining activity. To further enhance their competitive position with respect to foreign refineries, certain domestic refiners have discovered the operational benefits and savings that result from having a refinery designated as a foreign-trade zone (FTZ) under the Foreign-Trade Zones Act of 1934, as amended. This paper examines the history and use of foreign-trade subzones for refining activities

  15. Explaining foreign ownership by comparative and competitive advantage. Empirical evidence.

    OpenAIRE

    Bellak, Christian

    1999-01-01

    This paper provides empirical evidence on the determinants of foreign ownership in manufacturing industries. Foreign ownership, according to the theory of international production, is the result of the combination of comparative and competitive advantage. An adequate examination of the ownership structure of an industry requires the ability to establish empirically the extent to which international competitiveness of firms rests on comparative and competitive advantage. Analysis is based on a...

  16. Culture as a Determinant of Competitive Advantage in Trade

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    Dekuwmini Mornah

    2016-04-01

    Full Text Available Purpose: Culture plays a role in international trade much as it does in any other human activity. Attitudes and ways of life do matter even when a lucrative business opportunity exists, especially across national borders. This paper examines which aspects of culture give countries competitive edge in terms of bilateral trade performances. Specifically, do relatively higher scores in certain cultural dimensions have a deterministic effect on bilateral trade performance (terms of trade or bilateral trade balance? Methodology: We adopt empirical econometric estimation methods on trade data covering 59 countries and 29 years combined with the nine "Global Leadership and Organizational Behavior Effectiveness (GLOBE" culture dimensions, Our estimations were based on Robust Regression Analysis and Ordinary Least Squares methods. Findings: We find that indeed, certain aspects of culture enhance bilateral trade performance/competitiveness. Performance Orientation, Future Orientation, Institutional Collectivism, Gender Egalitarianism, Power Distance and Uncertainty Avoidance improve bilateral trade performance while Assertiveness, Humane Orientation and In-Group Collectivism impair it. Research limitations: Direct measures of international competitiveness are not readily available. So we had to adopt proxies for measuring international competitiveness. Implications: Many countries want to boost international competitiveness. However, in the current world order with multilateral trade agreements under the WTO and increased transferability of technology, governments are clipped in terms of available trade policy options. By understanding which aspects of culture promote bilateral competitiveness and performance, governments could take steps to maximize their competitiveness. For instance, when negotiating trade treaties, policy makers may benefit from the knowledge of culture's impact on competitive advantage when selecting partners. Originality/value: To

  17. COMPETITIVENESS ANALYSIS OF THE REPUBLIC OF MOLDOVA BY MEANS OF EFFICIENCY INDICATORS OF FOREIGN TRADE WITH AGRICULTURAL FOOD PRODUCTS

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    Boris COREŢCHI

    2014-06-01

    Full Text Available An old traditional form of foreign economic relations is represented by foreign trade. Republic of Moldova,Featuring a geographical position that represents the area of intersection the numerous trade routes and regionalconnotation communications, should use these advantages in order to extend the export-import relations; there for,Republic of Moldova follows to use the internal potential in intensive and effective way. Competitiveness of externaltrade with agricultural food products has a particularly important role which is steadily increasing, it determine theincreasing or decreasing of the national income produced outside depending upon the ratio between the nationaland international amount of goods. Ensuring the economic efficiency of production requires a certain minimumvolume of its. If the volume exceeds the absorption capacity of the internal market, ensuring efficient productionrequires a call to the external market. On the other hand, certain products can not be obtained either domesticproduction or isn’t justified from the economic point of view can be obtained only from the external market.

  18. Maximizing transportation efficiencies and economic impact of the Southwest Missouri foreign-trade zone.

    Science.gov (United States)

    2013-07-01

    Overview of Foreign-Trade Zones (FTZ or Zone) and their impact on economic development, goods : movement jobs creation and retention. Zones provide a competitive advantage for multi-national : manufacturing and distribution firms resulting in the ret...

  19. Globalisation, Trade Openness and Foreign Direct Investment in Romania

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    Dima Stela

    2016-11-01

    Full Text Available The paper analyses the trend of globalisation, trade openness and foreign direct investments (FDI in Romania and the link between them in the last 25 years. Data from UNCTAD, World Bank and KOF globalisation index were used in econometrical models testing the link between globalisation, trade openness and foreign direct investment. A strong positive and statistical validated link is found between globalisation and FDI, between trade openness and FDI, and between FDI and globalisation. In the context of Romanian economy, these three phenomena are interrelated and each of them is acting to potentiate the effect of the other. Moreover, a multivariate regression analysis emphasized the dependency between globalisation index and foreign direct investment, trade openness and market capitalisation. These results can be taken into account when national policies aiming to attract FDI and stimulating export-import activities are designed.

  20. Irrelevance of competitive advantage for the benefits of international trade

    OpenAIRE

    Siggel, Eckhard

    2012-01-01

    International competitiveness is often regarded as crucial for the attainment of gains from trade, which may lead policy makers to subsidize exports. This view is based on confusion between the concepts of competitive and comparative advantage. The paper argues that when comparative advantage is defined and measured appropriately, not limiting it to the Ricardian and Heckscher-Ohlin models, it becomes a necessary condition for the attainment of gains from trade and it applies to all forms of ...

  1. 75 FR 24969 - China's Agricultural Trade: Competitive Conditions and Effects on U.S. Exports

    Science.gov (United States)

    2010-05-06

    ... support and government programs related to agricultural markets, foreign direct investment policies, and... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-518] China's Agricultural Trade: Competitive... investigation No. 332-518, China's Agricultural Trade: Competitive Conditions and Effects on U.S. Exports. DATES...

  2. Liberalism in foreign trade versus liberalism in air transportation - is there a link?

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    Grancay Martin

    2014-01-01

    Full Text Available The aim of this paper is to determine whether there is a statistically significant link between regulation of international civil aviation and protectionism against foreign trade. We use weighted air liberalization index (WALI as a proxy for the level of regulation in a country’s foreign aviation relations; trade tariff restrictiveness index (TTRI and overall trade restrictiveness index (OTRI as proxies for the level of protectionism in a country’s foreign trade. Correlation analysis shows that there is no statistically significant link between the indicators. Hence, our research confirms the view that air transportation is a specific sector and it is subject to a different kind of policies than trade in goods. We also demonstrate that large high-income countries tend to have a more liberal approach to international civil aviation than small low-income countries.

  3. The Methodical Instrumentarium for Assessing the Competitiveness of Business Model of Trade Enterprise

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    Grosul Victoria A.

    2017-10-01

    Full Text Available The article substantiates the need to assess the competitiveness of business model of enterprise. By analyzing, systematizing and generalizing the scientific work of foreign and domestic scientists, the basic methods of assessment were allocated and the feasibility of an integrated approach to assessing the competitiveness of business model of enterprise was argued. A scorecard system for evaluating the competitiveness of business model of trade enterprise has been developed and a structural and logical framework for the integrated assessment of the competitiveness of the indicated business model has been substantiated. Based on the Ishikawa diagram, potential competitive advantages have been defined and the «problem areas» have been identified that impact the competitiveness of business model of enterprise. The authors provide recommendations for transforming the business model of trade enterprise in the context of the enterprise’s orientation towards development.

  4. 15 CFR 30.52 - Foreign Trade Zones.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Foreign Trade Zones. 30.52 Section 30.52 Commerce and Foreign Trade Regulations Relating to Commerce and Foreign Trade BUREAU OF THE CENSUS, DEPARTMENT OF COMMERCE FOREIGN TRADE REGULATIONS Import Requirements § 30.52 Foreign Trade Zones. Foreign...

  5. FOREIGN TRADE TEACHING ACTIVITY: DECIDING BETWEEN COST AND SUSTAINABILITY

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    Cristiano Henrique Antonelli da Veiga

    2015-03-01

    Full Text Available The world debate focused on preserving the environment, such a s that held during the United Nations Conference on Sustainable Development, Rio +20, in conjunction with Brazil’s growing foreign trade requires a study of all these topics in management courses. The central premise of this paper is to investigate the systematization of trade concepts through the use of business games. Two asymmetric scenarios for exporting and importing teams were developed using action research and qualitative data analysis. The longitudinal study was conducted on four separate, sequential classes from the Foreign Trade discipline of two universities from southern Brazilian. The students were able to discuss a variety of foreign trade topics and interact autonomously among themselves using business games that stimulate business negotiations through role playing dynamics, demonstrating that this teaching strategy can be used as a foreign trade teaching support tool. The final proposal was to change the game scenarios to focus on the decision between lowest costs and sustainable manufacturing processes without losing the aspects developed previously. The results showed that students’ decisions are more linked to their prior personal environmental concepts than to competition strategies developed for the company.

  6. Is Financial Development Another Source of Comparative Advantage? Evidence from China

    Institute of Scientific and Technical Information of China (English)

    Qun Bao; Jiayu Yang

    2009-01-01

    Using panel data for 29 provinces in China during 1990-2004, the present paper attempts to explore a possible link between financial development and China' s foreign trade. Three measures of comparative advantage in manufactured goods have been applied in our study, including Balassa's revealed coraparative advantage, the net manufactured export index, and the Michaely index. We also use four indicators of financial development to identify the different fimctions of regional financial development, and to determine both size and efficiency features of financial institutions. The estimation results suggest that besides factor endowments, foreign firms and infrastructure, financial development has a quantitatively large and robust effect on China' s manufactured goods trade. Therefore, further reform of China' s financial system should be encouraged to fully exploit the comparative advantage of China's foreign trade.

  7. Currency Policy Coordination оf Asean Countries: Foreign Trade Effects

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    Yana Valeryevna Dyomina

    2015-12-01

    Full Text Available The study estimates foreign trade effects of currency policy measures in ASEAN countries. On the base of exchange rate dynamics the author concludes that during the period of 2000-2014 ASEAN countries in general used competitive devaluation policy of national currencies to CNY, JPY, KRW and EUR and revaluation to USD. To eliminate negative effects of competitive devaluation policy the paper proposes currency policy coordination of ASEAN countries that could be done by pegging of national currencies to a common basket. Employing the SAC (Stable Aggregate Currency method the author suggests 4 options for a common currency basket. The researcher estimates foreign trade effects of currency policy coordination in ASEAN countries for every option of a currency basket in three following cases: ASEAN as a whole, ASEAN-6 and ASEAN-4. The author concludes that the optimal form of currency policy coordination in ASEAN is pegging of exchange rates of national currencies to a common basket composed of 13 East Asian currencies. This currency basket option has maximum foreign trade effects for the Association as a whole and by sub-groups of ASEAN-6 and ASEAN-4 when it devaluates to the U.S. dollar

  8. CONCEPTS AND METODOLOGIES REGARDING THE IMPROVEMENT OF ROMANIAN FOREIGN TRADE (I

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    Negrea Adrian

    2013-07-01

    Full Text Available The purpose of the current paper is to highlight possible engines that can boost Romanian foreign trade from a chronic deficit to a more balanced one. In the beginning, the main theories and models that tackle this subject will be presented. In this respect, the paper starts with Smith, Ricardo, Manoilescu and Heckscher-Ohlin, in order to see the historic thought of trade model development. Following these models, a more mathematical approach will be made, using a thorough analysis at the product level. All the computations will be based on the combined nomenclature with its XXII classes, being the most exact determinant of traded goods. This paper uses the statistical indicators of Michaely and Lafay, in order to determine the specialization effect of the Romanian classes for a period of twenty one years, starting with 1991 and ending in 2012. This is the point where former, current and future specialized engines of potential trade growth can be established. It is crucial for a country to determine its potential in an open international arena, in order to take the necessary steps to encourage or discourage productive or non-productive areas of certain industry branches. Based on the results and on the previous methodology, a mix of theory with solid mathematical analysis, will gives the opportunity to draw up different sets of sustainable development formulas in order to obtain a higher concentration ratio regarding several classes from the combined nomenclature. For Romania to obtain higher gains from international trade, a more sustainable integration in the European Union, it has to stop its chronic balance of trade deficit. Looking at and analysing the potential development of a combined nomenclature class or classes, will help improving Romania’s chronic deficit, offering a long term prospective of sustainable development, reducing its foreign debt, improving its balance of trade accounts, and transforming its import driven economy to a

  9. Key Trends in the Development of Foreign Trade of France in the Global Competitive Environment

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    Zvirgzde Kateryna I.

    2016-01-01

    Full Text Available The article is aimed at analyzing the nature and contemporary trends of foreign trade activity of France. In the process of evolutionary development of the economy of France in content, structure and directions of its foreign trade strategies occurred permanent modifications and transformations, resulting from the need to maintain optimal proportions between material, financial and human resources, production and consumption, commodity supply and purchasing power, as well as receipts and payments in the settlements with other countries. The article is concerned with an integrated analysis of progressive structural reforms in the economic system of France in the last decade, which led to fundamental changes in its foreign trade operations both in terms of monetary magnitude of export-import transactions and their product-species, geographical, institutional and regulatory structures. The nature, key indicators, trends and issues in the foreign trade strategy of France in the face of global volatility as well as ways for its improvement have been researched.

  10. Evaluation of logistic performance indexes of Brazil in the international trade.

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    Rosane Nunes de Faria

    2015-02-01

    Full Text Available The importance of efficient logistics for trade growth is widely acknowledged. Literature has shown that better logistics performance is strongly associated with trade expansion, export diversification, ability to attract foreign direct investments, and economic growth. On the other hand, international trade represents a challenge to logistic operations in transporting and storing products. High logistic costs and low quality of services may be considered obstacles to international trade. This research aims to assess Brazil’s Logistics Performance Index (LPI in relation to its major competitors in international trade. The international trade data was collected from SECEX and COMTRADE, while the LPI was provided by the World Bank. Statistical techniques such as cluster analysis and multiple comparison tests of means have been applied to analyze the data. After using LPI index for the 39 competitors, it has been observed that Brazil occupies the 26th position in the rank of performers, behind South Africa, Kuwait and Saudi Arabia. The top performers are in general the leading exporters and importers worldwide (Germany, U.S.A., Japan and the Netherlands. Furthermore, they are the strongest competitors of Brazil in international trade. Thus, the competitiveness of Brazilian domestic firms depends crucially on a dynamic and competitive internal logistic environment in order to stand up to these countries. The results also indicate the bureaucracy as a major obstacle to the logistic performance of the country. The dimension Timeliness of Brazil is very close to the High Logistics Performance Group (HLPG while Customs is very close to the Low Logistics Performance Group (LLPG. Although Brazil has failed in its customs operations, there seems to be more credibility in Brazilian dealings. The main contribution of this paper is to reveal logistical aspects in which Brazil has shown large inefficiencies. The difference among the logistic performance

  11. Competition as a factor in improving the quality of services in the food trade

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    Vladimir Il’ich Zlotkovskij

    2015-11-01

    Full Text Available The population relation to activity of different types of the trading enterprises in the city of Krasnoyarsk is studied by means of city questionnaire and poll of buyers of shop of a large distribution network. Novelty of work is that the received results of polls are analyzed by means of indexes (a value index, an index of quality, an index of the validity of food, an index of culture of service and an index of a ratio the price and qualities of food. The following conclusions are drawn. First, in the conditions of the real competition the sphere of trade in food win against the large distribution networks representing better services in comparison with other types of the trading enterprises. Secondly, the liberal economic model at the head of which representation that everything will adjust the free market without intervention of the state is necessary is called into question. This approach is negatively reflected in food security of the city and edge and conceals in itself social and economic risks for the region in the future. Thirdly, introduction in the middle of 2014 by our country of restriction on import of agricultural products from a number of foreign countries provides unique chance for high-quality breakthrough in development of agriculture of edge.

  12. Born Global Firms: A Foreign Trade Related Study on Turkey

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    Aytaç GÖKMEN

    2013-11-01

    Full Text Available With the comprehensive advent in information and communication technologies and worldwide ease of transportation, the volume of international trade and business increased profoundly. Within this process, a Born Global Firm (BGF, right from its initiation, aims at creating competitive advantage by marketing a large volume of its products in various international markets by utilizing technological advances. Therefore, the rational behind the idea of BGF is to become an international firm in a short period of time and making international business affairs core of its business activities. Thus, the aim of this study is to review the concept of BGF theoretically and relate the issue to foreign trade affairs resting on significant sources related to the Turkish case mainly focusing on trade statistics as to review the potential development of BGFs in Turkey.

  13. The impact of foreign capital inflows and trade expansion on integrated pollutant discharge from China: Regional differences

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    Fan Xiufeng

    2015-04-01

    Full Text Available This article is based on the years from 1991 to 2012 of the nine categories of the provincial pollutant discharge indexes of China, uses the „vertical and horizontal method“ to calculate the comprehensive indexes that can fully measure the provincial pollutant discharge situation of China, establishes a dynamic inter-provincial panel data regression model and makes an empirical test on the relationship among foreign direct investments, foreign trade and pollutant discharge these three factors. The results show that foreign direct investment and foreign trade in different regions have a different impact on pollutant discharge. Therefore, local governments should at all levels be based on local conditions to attract foreign investment and develop foreign trade for the targeted optimization of the structure of introducing foreign investment and improving the quality of foreign trade growth, thus improving the overall situation of China’s pollutant discharge.

  14. Foreign Trade

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The Foreign Trade database has monthly volume and value information for US imports, exports, and re-exports of fishery or fishery derived products. Data is...

  15. Evaluating of foreign trade security

    OpenAIRE

    Vasyliev Andriy

    2015-01-01

    A method of evaluating foreign trade security is considered based on horizontally integrated approach to research security issues, taking into account the conditions of management, factors, components and levels of external security. The work was based theories of security, economics, management theory, practice of state regulation of foreign trade.

  16. FINANCIAL ACCOUNTING APPROACHES OF THE REVOLVING LOANS WITH THE EXAMPLE OF THE FOREIGN TRADE COMPANIES

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    ADRIANA IOŢA

    2014-10-01

    Full Text Available In the current economic context, with a major increase in the foreign business of the Romanian companies, there is a need to finance their activities from various sources in order to meet competition. For this reason I aimed, with this paper, to identify the way to finance current business of foreign trade companies. Considering that for the majority of foreign trade transactions settlement is performed after a maturity established by agreement between the partners, in this interval various payment obligations may occur, reason for which companies resort to short-term funding sources, usually of the revolving type. This paper presents on one hand the financial features of two forms of crediting current activity, most often contracted by companies engaged in foreign trade, as the credit line and the global working loans. In the case of the credit line we presented the accounting methodology applicable to a company that engaged in foreign trade, with the purpose of highlighting the accounting peculiarities of the records of the currency credit line, as well as the costs (interests, fees these imply.

  17. Current Trends in Foreign Trade Theory and Policy

    Directory of Open Access Journals (Sweden)

    Zdzisław W. Puślecki

    2017-12-01

    Full Text Available In this research work, Author focus on the current analysis trends in foreign trade theory and policy. Accordance with the foreign trade policy theory further trade liberalisation and improved framework policies would increase trade and promote growth. It must be emphasized that openness to trade is associated with higher incomes and growth and there is the need for new approaches to trade cooperation in light of the forces that are currently re-shaping international business. What indicates the importance and innovativeness of the research is the presentation of the new models of the foreign trade policy and trade interests. First of all, it must underline that in the new theoretical terms in demand for trade policy very important is factor specificity. The low specificity of factors means that factor returns are equalized throughout a region’s economy. On the other hand, some factors are stuck in their present uses; therefore, factor returns are not equalized throughout a region’s economy but are industry specific. The main objective of the research task is to give a comprehensive analysis of current trends in foreign trade theory and policy and in particular models of foreign trade policy, trade interests indicated by export orientation and import sensitivity, foreign trade policy in different types of authoritarian regimes, protectionist pressures in different political system, the level of protectionist pressures, the tendencies to bilateralism in the foreign trade policy. It should be stressed that free trade in itself is not responsible for economic growth, but more significant are the determining macroeconomic stability and increasing investment.

  18. The Approach to Defining Gravity Factors of Influence on the Foreign Trade Relations of Countries

    Directory of Open Access Journals (Sweden)

    Kalyuzhna Nataliya G.

    2017-03-01

    Full Text Available The aim of the article is to determine the gravity factors of influence on the foreign trade relations of countries on the basis of the results of the comparative analysis of the classical specifications of the gravity model of foreign trade and the domestic experience in gravity modeling. It is substantiated that a gravity model is one of the tools of economic and mathematical modeling, the use of which is characterized by a high level of adequacy and ensures prediction of foreign trade conditions. The main approaches to the definition of explanatory variables in the gravity equation of foreign trade are analyzed, and the author’s approach to the selection of the factors of the gravity model is proposed. As the first explanatory variable in the specification of the gravity model of foreign trade and the characteristics of the importance of economies of foreign trade partners, it is proposed to use the GDP calculated at purchasing power parity with the expected positive and statistically significant coefficient. As the second explanatory variable of the gravity equation of foreign trade, it is proposed to use a complex characteristic of the “trade distance” between countries, which reflects the current conditions of bilateral trade and depends on factors influencing the foreign trade turnover between countries — both directly (static proportionality of transport costs of geographical remoteness, and indirectly (dynamic institutional conditions of bilateral relations. The expediency of using the world average annual price for oil as the quantitative equivalent of the “trading distance” index is substantiated. Prospects for further research in this direction are identifying the form and force of influence of certain basic gravity variables on the foreign trade relations of certain partner countries and determining the appropriateness of including additional factors in the composition of the gravity equation of foreign trade.

  19. FORCED INDUSTRIALIZATION IN ROMANIA AND FOREIGN TRADE CHANGES DURING SOCIALISM

    Directory of Open Access Journals (Sweden)

    Eugen Ghiorghita

    2016-09-01

    Full Text Available During the 40 years (1949-1989 of centralized management of the economy, Romania was transformed from an agrarian-industrial country into an industrial-agrarian country, but not beyond the stage of a developing country. Planning the formation of the accumulation fund and the fixed funds allocation made possible to faster diversify and increase the industrial production. In a first stage, during the 8th decade (1971-1980, the increase in imports of capital goods needed in industries’ technology revamping engendered the growth of Romania's foreign debt. In the 9th decade, the policy of forced payment of previously accumulated foreign debt was achieved by aggressive compression of imports and boost of exports. At the end, in 1989, Romania's foreign trade structure corresponded almost completely to the structure of the supply from the countries producing industrial processed goods. From this point of view, Romania became, after four decades of accelerated development, an acceptable client to Western exporters.

  20. Foreign Direct Investment from China in the Regions of Russia: Are They Substitutes or Compliments of Foreign Trade?

    Directory of Open Access Journals (Sweden)

    Alina Nikolaevna Novopashina

    2012-12-01

    Full Text Available The study summarizes theoretical approaches explaining the conditions under which foreign direct investment (FDI can complement or substitute foreign trade depending on investment incentives. The author examines the example of investment and trade cooperation between cross-border and internal regions of Russia and China. Using regression analysis of China’s FDI impact on the foreign trade of Russian regions with China the author concludes that cross-border regions can attract China’s FDI because of their comparative advantages. The paper also employs FDI localization ratios in cross-border and internal regions and the structure of China’s FDI by different activities. The study shows that FDI from China can complement foreign trade with China in cross-border regions. However internal regions attract FDI from China mostly because of access to their home markets, and in this case FDI are substitutes of foreign trade with China

  1. Research on Development Mode of Foreign Competitive Basketball

    Science.gov (United States)

    Xianjiang, Zhou; Bin, Zong; Xianwu, Wu

    Adopting literature material method, survey and comparative method, the paper studies foreign competitive basketball, foreign competitive basketball on behalf of the State management system model, competitive basketball reserve personnel training and development mode system. Rely on different powers of the foreign competitive basketball from amateur to professional development; different modes of foreign competitive basketball management system; foreign competitive basketball back-up personnel training mode, the model on school training in America and other countries, mainly the club training mode in European countries; foreign model of development of competitive basketball, different from social guidance, in the combination operation mode of market regulation and government administrative intervention.

  2. Estimating Trade Effects of the Competitive Devaluation Policy in East Asia’s Countries

    Directory of Open Access Journals (Sweden)

    Yana Valeryevna Dyomina

    2013-03-01

    Full Text Available The paper examines the competitive devaluation policy effects on the East Asia’s trade for the period of 2000–2011. The author obtained quantitative estimation of the currency policy trade effects with the help of panel data regression analysis (using export and import data of the following countries: China, Japan, Indonesia, Malaysia, Vietnam, Thailand, the Philippines and the Republic of Korea. The article includes investigation of the following foreign trade flows: total, intra-regional and out- of-regional exports and imports of merchandise. The study reflects the fact that the competitive devaluation policy of ASEAN+3 countries negatively affects the out-of-regional exports and imports, as well as the total imports. Simultaneously such exchange rate policy measures have no effect on intra-regional trade

  3. KOBİ’lerde Girişimcilik Değerleri ve Dış Ticaret Faaliyetleri Arasındaki İlişki: Sanayi İşletmeleri Örneği - The Relationship Between The Values Of Entrepreneurship And Foreign Trade Activities In SME’s: The Case Of Industrial Enterprises

    Directory of Open Access Journals (Sweden)

    Ayberk ŞEKER

    2016-06-01

    Full Text Available Nowadays, SME’s and entrepreneurs have important roles in the national and international economy in terms of countries. SME’s and entrepreneurs have several advantages in competitive market economy. These advantages are adapting increasing competition, gaining knowledge of market and production, undertaking the risks that may occur, adapting quickly to innovations in the organization. In this study, it is analyzed relationship between SME’s entrepreneurship values and foreign trade activities. It has been included to study that foreign trade firms in Ankara, Istanbul, Adana, Mersin, Bursa and Kocaeli in order to evaluate their views of foreign trade activities and determine relationship between entrepreneurship and foreign trade. In the scope of the research, it is used primary data that belong to 180 SMEs. The empirical result of research shows that there are positive relationship between entrepreneurship values and foreign trade.

  4. Changes in the business model for Spanish fresh tomato trade

    International Nuclear Information System (INIS)

    Pablo-Valenciano, J. de; Giacinti-Battistuzzi, M.A.; Tassile, T.; García-Azcárate, T.

    2017-01-01

    The business model applied to the fresh tomato trade from Almería is well known in Spain and abroad. The changes in demand are forcing export companies to change their trade strategies to become or remain competitive. The purpose of this paper is to know the business structure and its export dynamics in addition to the changes in trade strategies made by companies in Almería during the 2009-2013 period. The methodology is based on the Herfindahl-Hirshman index and the foreign trade competitiveness index, whereas the congruence analysis is based on Pearson’s correlation coefficients and the RV coefficient. We have also applied the dual multiple factor analysis to verify changes made to the trade policy in leading businesses between two periods or scenarios. The research shows that export-driven companies behave as a moderately concentrated structure and there is an increase in the number of exporters. The competitiveness map for Almería reveals the sector’s trend with regard to the most important markets. We have verified the changes made to their trade strategy to adjust to changes in foreign trade between the 2008/09 and 2012/13 campaigns. Finally, it can be pointed out that, in the analyzed period, changes in the business model for fresh tomato trade of Almería have not been significant, being its structure of moderate concentration. In addition, the great majority of variations in strategies of companies to adapt to the competitive environment have been made by leading companies.

  5. Changes in the business model for Spanish fresh tomato trade

    Energy Technology Data Exchange (ETDEWEB)

    Pablo-Valenciano, J. de; Giacinti-Battistuzzi, M.A.; Tassile, T.; García-Azcárate, T.

    2017-09-01

    The business model applied to the fresh tomato trade from Almería is well known in Spain and abroad. The changes in demand are forcing export companies to change their trade strategies to become or remain competitive. The purpose of this paper is to know the business structure and its export dynamics in addition to the changes in trade strategies made by companies in Almería during the 2009-2013 period. The methodology is based on the Herfindahl-Hirshman index and the foreign trade competitiveness index, whereas the congruence analysis is based on Pearson’s correlation coefficients and the RV coefficient. We have also applied the dual multiple factor analysis to verify changes made to the trade policy in leading businesses between two periods or scenarios. The research shows that export-driven companies behave as a moderately concentrated structure and there is an increase in the number of exporters. The competitiveness map for Almería reveals the sector’s trend with regard to the most important markets. We have verified the changes made to their trade strategy to adjust to changes in foreign trade between the 2008/09 and 2012/13 campaigns. Finally, it can be pointed out that, in the analyzed period, changes in the business model for fresh tomato trade of Almería have not been significant, being its structure of moderate concentration. In addition, the great majority of variations in strategies of companies to adapt to the competitive environment have been made by leading companies.

  6. The Competitive status of the U.S. auto industry: a study of the influences of technology in determining international industrial competitive advantage

    National Research Council Canada - National Science Library

    Automobile Panel of the Committee on Technology; National Research Council Staff

    ... International Industrial Competitive Advantage Prepared by the Automobile Panel, Committee on Technology and International Economic and Trade Issues of the Office of the Foreign Secretary, National Academy of Engineering and the Commission on Engineering and Technical Systems, National Research Council William J. Abernathy, Chairman Kim Clar...

  7. Formation of competitive strategy of enterprises of the agricultural sector in foreign market

    Directory of Open Access Journals (Sweden)

    Viktoriya Dyyak

    2016-12-01

    Full Text Available The article examines the process of forming competitive strategy for enterprises of the agricultural sector and the main ways to improve the competitiveness of agricultural enterprises in foreign market. Detected that the entire activity of the enterprises of the agricultural sector must be based on accurate and verified knowledge of the needs of the target market and consumer demand, evaluating and taking into account production conditions in the nearest time and for the future. Emphasized that the effectiveness of functional strategies depends on well-formed and implemented in practical activity of operational strategies which means strategies for the narrow principal divisions of enterprises of the agricultural sector, which is not independent. In the article allotted the main directions of improving the competitiveness of enterprises of agrarian sector in entering the foreign markets and the main types of strategies of enterprises and lists the stages of development and implementation of competitive strategies of enterprises of the agricultural sector in the foreign market.

  8. Resisting Foreign Competition – A Case Study of France and Germany

    Directory of Open Access Journals (Sweden)

    Thannaletchimy Thanagopal

    2014-04-01

    Full Text Available This article incorporates both the new trade and the endogenous growth theories to study the determinants of import volumes of France and Germany so as to explain their individual industrial competitiveness strategies – price or quality competition. This article is different because it studies competitiveness of a country’s products by considering its resistance to foreign competition rather than considering exports of these countries. Using disaggregated bilateral data for 16 European countries including Japan and the United States across 15 distinctly classified industries over a period of 20 years (between 1991 and 2010, we use an import demand equation to compare the relative product performances of France and Germany vis-à-vis their exporting competitors. To eliminate the price endogeneity problem, we implement a Two Stage Least Squares (2SLS estimation technique using the cost of production (which includes the unit labor cost and costs of capital and intermediates, mark-up and distance as instrumental variables for import prices. We also proxy innovation and hence product quality using research and development (R&D intensity, reported in Product Field. We find that French products are highly substitutable vis-à-vis their foreign competitors in contrast to German products. Germany adopts better quality competitive strategies, thus rendering their products less substitutable and highly differentiated vis-à-vis their foreign counterparts.

  9. Influence of Foreign Direct Investments on Commodity Exchange of the Republic of Croatia

    Directory of Open Access Journals (Sweden)

    Goran Marijanović

    2009-12-01

    Full Text Available Almost all countries of the world try to ensure accelerated development of their economies with the help of foreign direct investments. Since the foreign direct investments, in addition to capital, potentially ensure the transfer of contemporary technology, management and marketing knowledge and skills respectively, they can be a signifcant growth factor of competitive abilities of national economies and involvement of countries into international exchange. Trough the RCA method and “Trade Overlap” index, this paper analyzes the infuence of foreign direct investments on the comparative advantages and specialization degree in international commodity exchange for the selected group of transition countries and the Republic of Croatia. The paper tries to determine how much the foreign direct investments have infuenced the structure change of the foreign trade exchange and whether they have contributed to export growth of more complex groups of products in the observed period.

  10. Implementation of International Standards in Russia's Foreign Trade Statistics

    Directory of Open Access Journals (Sweden)

    Natalia E. Grigoruk

    2015-01-01

    Full Text Available The article analyzes the basic documents of international organizations in recent years, which have become the global standard for the development and improvement of statistics of foreign economic relations of most countries, including the Russian Federation. The article describes the key features of the theory and practice of modern foreign trade statistics in Russia and abroad, with an emphasis on the methodological problems of its main parts - the external trade statistics. It shows their interpretation in the most recent recommendations by UN statistical apparatus and other international organizations; considers a range of problems associated with the implementation of the national statistical practices of countries, including Russia and the countries of the Customs Union, the main international standard of foreign trade statistics - UN document "International Merchandise Trade Statistics". The main attention is paid to methodological issues such as: the criteria for selecting the objects of statistical accounting in accordance with international standards, quantitative and cost parameters of foreign trade statistics, statistical methods and estimates of commodity exports and imports, the problems of comparability of data; to a comparison of international standards in 2010 with documents on key precursor methodology of foreign trade statistics, characterized by the practice of introducing these standards in the foreign trade statistics of Russia and the countries of the Customs Union. The article analyzes the content given in the official statistical manuals of Russia foreign trade and foreign countries, covers the main methodological problems of World Trade in conjunction with the major current international statistical standards - System of National Accounts, Manual on Statistics of International Trade in Services and other documents; provides specific data describing the current structure of Russian foreign trade and especially its

  11. 27 CFR 28.290 - Receipt in foreign trade zone.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Receipt in foreign trade zone. 28.290 Section 28.290 Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE... in Foreign-Trade Zone § 28.290 Receipt in foreign trade zone. On receipt at the zone, the shipment...

  12. THE IMPACT OF COMPETITIVENESS ON TRADE EFFICIENCY: THE ASIAN EXPERIENCE BY USING THE STOCHASTIC FRONTIER GRAVITY MODEL

    Directory of Open Access Journals (Sweden)

    Memduh Alper Demir

    2017-12-01

    Full Text Available The purpose of this study is to examine the bilateral machinery and transport equipment trade efficiency of selected fourteen Asian countries by applying stochastic frontier gravity model. These selected countries have the top machinery and transport equipment trade (both export and import volumes in Asia. The model we use includes variables such as income, market size of trading partners, distance, common culture, common border, common language and global economic crisis similar to earlier studies using the stochastic frontier gravity models. Our work, however, includes an extra variable called normalized revealed comparative advantage (NRCA index additionally. The NRCA index is comparable across commodity, country and time. Thus, the NRCA index is calculated and then included in our stochastic frontier gravity model to see the impact of competitiveness (here measured by the NRCA index on the efficiency of trade.

  13. 78 FR 30269 - Foreign-Trade Zone 129-Bellingham, Washington; Authorization of Production Activity; T.C. Trading...

    Science.gov (United States)

    2013-05-22

    ... proposed production activity to the Foreign-Trade Zones (FTZ) Board on behalf of T.C. Trading Company, Inc... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-8-2013] Foreign-Trade Zone 129--Bellingham, Washington; Authorization of Production Activity; T.C. Trading Company, Inc. (Eyeglass Assembly and Kitting...

  14. Improving the competitiveness of Russian companies through internet commerce in the foreign trade

    Directory of Open Access Journals (Sweden)

    Kozenko V.V.

    2015-05-01

    Full Text Available Virtual enterprises have become an independent entity conducting foreign activities and functioning of the online stores as additional sales channels is a prerequisite for increasing the development potential of the Russian economy and competitiveness of traditional Russian companies on the world market. In the present work we analyzed the dynamics of the development of e-commerce in Russia, given the author's definition of rating online stores are defined levels of their operation and the possible barriers to the further development of the foreign economic activity.

  15. COMPETITIVENESS OF DEFENSE INDUSTRY IN TURKEY

    Directory of Open Access Journals (Sweden)

    Hakki BILGEN

    2010-01-01

    Full Text Available Turkey has created some opportunities for the organisations in the defense industry to generate a suitable business and to ensure its sustainability. The domestic coverage ratio of defense system need in 2010 is aimed as 50%. To achieve this target depends on the defense industry competitiveness. In this study, the development plans, strategies and foreign trade are examined. Its contribution which has an important place in the research and development investment, is not at the level expected in Turkey’s economy. Turkey occupies 47th position in World Competitiveness Scoreboard, and 61st position in Global Competitiveness Index in 2009. The index factors are investigated to understand the competitiveness according to the Porter’s diamond model, applied in Turkey for the first time. As a result, the competitiveness analysis of Turkish defense industry is carried out and its global place and competitive advantage are exposed. Therefore, a framework is made to introduce a guide for decision-making by using a widely-accepted model, and to contribute to the plans and strategies

  16. 12 CFR 614.4700 - Financing foreign trade receivables.

    Science.gov (United States)

    2010-01-01

    ... OPERATIONS Banks for Cooperatives and Agricultural Credit Banks Financing International Trade § 614.4700 Financing foreign trade receivables. (a) Banks for cooperatives and agricultural credit banks, under policies adopted by their boards of directors, are authorized to finance foreign trade receivables on...

  17. ROMANIA’S SPECIALIZATION IN TRADE TOWARDS EU-27 - A REVEALED COMPARATIVE ADVANTAGE APPROACH

    Directory of Open Access Journals (Sweden)

    Popa Angela Cristina

    2012-07-01

    Full Text Available "International competitiveness" is a complex topic which raised over time many questions and theories on key factors that underpin it and is still subject to wide debate. Such analysis proves to be necessary under the new requirements raised by the participation of Romanian organizations in the European and global competitive environment in which competiting for new markets can be a platform of economic recovery. As companies compete for markets and resources, national economies compete with each other to achieve performance in a specific activity: for example, we can say that Romania has become less competitive in clothing production, and competitive in cars production. But it makes sense to say that "Romania has become more or less competitive as the economy?". The answer is no."Competitiveness" is a meaningless word when referring to national economies. Deniying Romanian competitiveness in a particular industry does not mean that Romania's economy is less competitive. The decline in these industries may be a manifestation of their change in production factors endowment or necessary reallocation these factors from old activities with comparative advantage to new ones. This paper aims to examine the structural competitiveness of Romania vis-a-vis EU-27. Empirical analysis is based on Revealed Comparative Advantage (RCA, an indicator often used in international trade analysis. Section II reviews the empirical literature on the comparative advantage and the competitiveness of Romania, highlighting various theories and approaches, alternative measures of RCA indices are presented in the section III, section IV reports empirical results and the final section draws some conclusions based on the findings. In 2009, in terms of orientation of the foreign investors towards the economic sectors, according to NACE Rev. 2 Classification, the direct foreign investments were directed mainly to Manufactured goods (31,1% of total, within its best represented

  18. Exchange rate policy, growth, and foreign trade in China

    Directory of Open Access Journals (Sweden)

    Gligorić Mirjana

    2011-01-01

    Full Text Available This paper analyzes a hot topic: the influence of an undervalued currency on macroeconomic variables - primarily on the economic growth and trade balance of a country, but also on employment, foreign exchange reserves, competition, and living standards. It also reviews and explains the consequences of yuan undervaluation, points out the need for its appreciation, and states the negative effects that stem from this measure. Special attention is given to the problematic bilateral relations between China and the USA and the reasons why Americans are worried about the exchange rate policy that China implements. Although yuan appreciation would decrease the American foreign trade deficit, it also raises the question of further financing of the American deficit. There are also other problems that the possible appreciation would cause for the American economy, due to the effect of J-curve, passthrough, larger costs of input imported from China, etc. Therefore, Chinese foreign exchange policy is an important subject, but it is not the solution to the problems of the global economy - which have deeper roots than that. However, there is no excuse for China implementing unfair exchange rate policies, or replacing such policies with controversial protectionist policies (as some authors have suggested.

  19. Suggestions for foreign trade enterprises to reduce cost after implementation of RMB cross-border trade settlement

    Directory of Open Access Journals (Sweden)

    Jie Min

    2017-03-01

    Full Text Available After RMB cross-border trade settlement was implemented, the ability of foreign trade enterprises to evade foreign exchange risk has enhanced to a great extent. In the meantime, with exchange rate fluctuations, foreign trade enterprises have become more sensitive with exchange rate variation. Based on predecessors’achievement, this thesis reasonably proposed a cost model applicable to foreign trade enterprises, in which the variables are all related to exchange rate. Therefore, by making exchange rate estimation, this thesis conducted data analysis and modeling, so as to find a way for foreign trade enterprises to predict exchange rate in a reasonable way. The thesis reached the conclusion that foreign trade enterprises can better control their cost based on RMB cross-border settlement.

  20. COMPARATIVE ADVANTAGE OF CLOTHING SECTOR IN THE EU-28 MARKET

    Directory of Open Access Journals (Sweden)

    TRIPA Simona

    2017-05-01

    Full Text Available The study presented here is aimed at analyzing the comparative advantages in the European clothing sector with the focus on Balkan states. The dynamics of change over a 15‐year period following economic reforms are revealed. For all Balkan countries export plays an important role in promoting economic growth and development and the clothing industries play a significant role and continue to contribute to the economic prosperity in this countries. The evolution of the RCA index for garment industry is decreasing for all countries in the Balkans. The evolution of the Lafay index is also decreasing in the most Balkan countries (except Greece, Montenegro and Slovenia but still the values for Lafay index is positive what indicating that in these countries the sale of garments contribute positively to balance the trade balance of countries analyzed. Negative value of the Lafay index may be due to the fact that the garment industry is one of the key industries in the economy of that country and also because the earnings from garment industry in these countries is high. When the producers of the Balkan countries will create products with higher added value in garment industry the competitiveness of these countries will decrease. Also rising wages in this industry, as a result of trade union pressure or government policy, will lead to decreasing competitiveness of these products on the EU market and implicitly to the decrease of exports of garments from these countries.

  1. 75 FR 70973 - Registration of Foreign Boards of Trade

    Science.gov (United States)

    2010-11-19

    ... prospectively to facilitate direct access to the electronic trading system of a foreign board of trade by its U... Trade; Proposed Rule #0;#0;Federal Register / Vol. 75 , No. 223 / Friday, November 19, 2010 / Proposed... Registration of Foreign Boards of Trade AGENCY: Commodity Futures Trading Commission. ACTION: Notice of...

  2. AGRI-FOOD TRADE - A PATH TO AGRICULTURAL DEVELOPMENT OF MOLDOVA

    Directory of Open Access Journals (Sweden)

    Liliana CIMPOIES

    2013-01-01

    Full Text Available In this study we try to assess the progress in the development of the agricultural sector of Moldova. As indicator of the successful/unsuccessful development of the agri-food sector may serve the foreign trade activity. Thus, in the given research is analyzed the changes in the agri-food trade structure during 2007-2011, the competitiveness of the agricultural sector and the pattern trade flows. For this aim was computed Gruber-Lloyd index for evaluating the intra-industrial trade in this period, and RTA index for inter industrial trade. As well, some policy measures necessary for further integration will be discussed.

  3. RUSSIA’S FOREIGN TRADE IN JUNE 2014

    OpenAIRE

    Nadezhda Volovik

    2014-01-01

    Russia’s foreign trade turnover shrank in June 2014. At the same time, Russian export stagnation observed in the last months changed for the worse and began falling. Sanctions against Russia and retaliati on measures taken by the Russian government most likely will lead to the fall in Russia’s foreign trade indices.

  4. 77 FR 32929 - Expansion of Foreign-Trade Zone 163; Ponce, PR

    Science.gov (United States)

    2012-06-04

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1830] Expansion of Foreign-Trade Zone 163; Ponce, PR Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the Board) adopts the following Order: Whereas...

  5. The Competitive status of the U.S. civil aviation manufacturing industry: a study of the influences of technology in determining international industrial competitive advantage

    National Research Council Canada - National Science Library

    Seitz, Frederick; Steele, Lowell W

    1985-01-01

    ... A Study of the Influences of Technology in Determining International Industrial Competitive Advantage Prepared by the U.S. Civil Aviation Manufacturing Industry Panel, Committee on Technology and International Economic and Trade Issues of the Office of the Foreign Secretary, National Academy of Engineering and the Commission on Engineering and Techni...

  6. Exchange Rate and the PRC Foreign Trade

    Directory of Open Access Journals (Sweden)

    Izotov D. A.

    2009-09-01

    Full Text Available The stages of exchange rate regulation and foreign trade systems reforming in PRC during the period 1978-2008 are examined. A quantitative assessment of PRC foreign trade parameters reactions to the currency rate dynamics on the national and regional levels is made. Also the import and export impact of potential exchange rate changes is estimated

  7. Tax Rate and Tax Base Competition for Foreign Direct Investment

    OpenAIRE

    Peter Egger; Horst Raff

    2011-01-01

    This paper argues that the large reduction in corporate tax rates and only gradual widening of tax bases in many countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To make this point we develop a model in which governments compete for FDI using corporate tax rates and tax bases. The model’s predictions regarding the slope of policy reaction functions and the response of equilibrium tax parameters to trade costs and mark...

  8. Analysis of Ukraine’s foreign trade turnover in context of free trade zone with European Union

    Directory of Open Access Journals (Sweden)

    К.Shymanska

    2016-06-01

    Full Text Available The implementation of the free trade zone between Ukraine and the European Union has many advantages and disadvantages for our country. The changes in Ukraine’s economic integration vector cause much dispute about its prospects and profitability. Nevertheless, the strengthening of economic and political crisis leads to the reduction in foreign trade of Ukraine with the EU. Although in recent years, many institutional limitations for the Ukrainian producers’ entrance to European markets have been removed. The analysis of Ukraine's foreign trade turnover with EU countries showed the indicators of exports and imports structure in the partner countries and allowed to reveal decreasing of intensity of these operations. This can be a negative indicator of activities for the implementation of the Association Agreement with the EU. The study has formulated the perspective directions of foreign trade policy of Ukraine, in particular with respect to the modernization of informational and technical support of the customs clearance of the goods movement, increasing control over the quality of Ukrainian goods and opportunities for the small and mediumsized entities entrance to the European markets.

  9. 27 CFR 28.245 - Shipment to foreign-trade zone.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Shipment to foreign-trade zone. 28.245 Section 28.245 Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE... Consignment § 28.245 Shipment to foreign-trade zone. Where distilled spirits (including specially denatured...

  10. A regional perspective on the spatial concentration in Romania’s international trade in 2011

    Directory of Open Access Journals (Sweden)

    Ancuta Stangaciu

    2012-12-01

    Full Text Available In this study, I aimed at analyzing the territorial structure of the international trade in Romania in 2011 on the level of each development region. Starting from the values of the export and import trade flows pertaining to each region of Romania and using statistical methods of analysis, we processed the existing data in order to determine the distribution of foreign trade and to emphasize the regional poles of competitiveness from this point of view. Since other indexes, such as the trade balance or the import/export coverage ratio, are also marks of competitiveness and of the increase or decrease in the performance of a certain economy, we also calculated these indexes for each region of the country. In order to statistically substantiate the existence of a certain degree of spatial concentration of the Romanian international trade in different regions of the country, we resorted to the boxplot graphical representation and to the Gini square and the Gini index respectively.

  11. The Position of Suitcase Trading in Turkey’s Foreign Trade and Growth-Suitcase Trading Connection

    Directory of Open Access Journals (Sweden)

    Sinem YAPAR SAÇIK

    2013-12-01

    Full Text Available Suitcase trading which is defined as a purchasing process of merchandises in a country that is implemented by travelers (nonresidents to sell those merchandises in their own country; it has started to take place in balance of payments of Turkey since 1996. After the collapse of USSR in 1991 Turkey became a net exporter in suitcase trading so the country reached significant figures occasionally. In this paper the position of suitcase trading in Turkey’s foreign trade is analyzed in consideration of statistical indicators. According to the findings acquired from the study, suitcase trading is a significant variable for Turkey to have currency and to close foreign deficits. Suitcase trading and growth connection is also analyzed by econometric method which is co-integration test and the result is affirmative. And also it is found that this connection is unilateral causation from growth towards suitcase trading according to the findings of Granger causality test

  12. Trade Liberalization and the Degree of Competition in International Duopoly

    DEFF Research Database (Denmark)

    Ashournia, Damoun; Hansen, Per Svejstrup; Hansen, Jonas Worm

    2013-01-01

    This paper analyzes how a reduction in trade costs influences the possibility for firms to engage in international cartels, and hence how trade liberalization affects the degree of competition. We consider a particular intra-industry trade model amended to allow for firms producing differentiated...... products. Our main finding is that trade liberalization may have an anti-competitive effect. We find that there is no unique relation between a reduction in trade costs and the degree of competition. When products are differentiated, a lowering of trade costs is pro-competitive if trade costs are initially...... high, but anti-competitive if trade costs initially are low. Hence, trade policy is not necessarily a substitute for competition policy...

  13. Trade, Foreign Direct Investment or Acquisition: Optimal Entry Modes for Multinationals

    OpenAIRE

    Theo Eicher; Jong Woo Kang

    2004-01-01

    We examine multinationals’ optimal entry modes into foreign markets as a function of market size, FDI fixed costs, tariffs and transport costs. Our results highlight why large countries are more likely to attract acquisition investment, while intermediate-sized countries may be served predominantly through trade, even in the presence of high tariffs. Small countries are most likely to experience either FDI or no entry. We also show how these results vary with the competition intensity in th...

  14. 78 FR 7395 - Foreign-Trade Zone 129-Bellingham, WA; Notification of Proposed Production Activity; T.C. Trading...

    Science.gov (United States)

    2013-02-01

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-8-2013] Foreign-Trade Zone 129--Bellingham, WA; Notification of Proposed Production Activity; T.C. Trading Company, Inc. (Eyeglass Assembly and Kitting... activity on behalf of T.C. Trading Company, Inc. (T.C. Trading), located in Blaine, Washington. The...

  15. 78 FR 50481 - Request for Public Comments Regarding the National Trade Estimate Report on Foreign Trade Barriers

    Science.gov (United States)

    2013-08-19

    ... barriers to U.S. exports of goods, services, and U.S. foreign direct investment for inclusion in the NTE... affecting U.S. exports of goods and services, U.S. foreign direct investment, and protection of intellectual... National Trade Estimate Report on Foreign Trade Barriers AGENCY: Office of the United States Trade...

  16. GLOBAL TRADE. THE KEY TO TRANSATLANTIC COMPETITIVENESS

    Directory of Open Access Journals (Sweden)

    Mădălina Laura CUCIURIANU

    2015-04-01

    Full Text Available Global trade has an important characteristic in terms of open global markets by means of eliminating barriers to trade and investment. The United States and the European Union, two major international actors and competitors in the economic field, have both the opportunity to change the global trade by concluding the negotiations of the Transatlantic Trade and Investment Partnership. For this reason, this paper tries to find the connections between global trade and transatlantic competitiveness in the way that the global trade can be considered a key to transatlantic competitiveness. The United States and the European Union are global actors and competitors in the global economy and the play field is the global trade. In order to be aware of the importance ofglobal trade in the transatlantic competitiveness, this paper includes also an analysis of the concrete actions that both economic powers are taking in key-sectors of the transatlantic economy.

  17. Hidden foreign trade and corruption on customers

    Directory of Open Access Journals (Sweden)

    Богдан Миколайович Головкін

    2017-12-01

    migration through the customs border of amber and wood, the manipulation of exports of grain and other highly liquid products deserve. Summarizing, we draw the following conclusions. Customs corruption is based on providing shadow foreign trade and covering economic crime on a transnational or transboundary scale. It is in violation of customs legislation by both parties in customs matters for the purpose of illegal enrichment. In corruption practices, all bodies and services that provide state control over the movement of goods through the customs border of Ukraine and carry out law-enforcement activities in this area participate. The level of corruption in the sphere of foreign economic activity depends on the volume of illegal export-import operations with raw materials and highly liquid products, as well as the ratio of official taxes and the cost of corruption services to economic entities. It was clarified that in parallel with "centralized corruption" in customs authorities there is "competitive corruption" between regional customs and their structural divisions for providing corruption services at lower prices. Measures to prevent corruption and crime should be aimed at reducing the profitability of shadow foreign trade by liberalizing the tax burden at the same time while strengthening control over transfer pricing, including the customs service into an integrated security system throughout the supply chain, implementing common customs control, managing risky operations.

  18. Efficiency and Competition in the Malaysian Banking Market: Foreign versus Domestic Banks

    Directory of Open Access Journals (Sweden)

    Rossazana Ab-Rahim

    2017-08-01

    Full Text Available The aim of this paper is to investigate efficiency performance of Malaysian banking market using data envelopment analysis approach in the context of the increasing presence of foreign banks. Specifically, two measures of efficiency are constructed, cost and profit efficiency by utilizing bank-level data of Malaysian commercial banks, over the period 2003 to 2014. The results obtained show the domestic banks are more efficient than the foreign banks counterparts for both measures of efficiency. Next, the Lerner Index approach is employed to measure competition and finally, Granger causality tests are undertaken to answer the question, does competition foster efficiency? The results of causality tests support a positive effect of competition on cost and profit efficiency of Malaysian banks. With regard to the financial liberalization, the findings imply that higher competitive pressure may be offset the market power of individual banks; however, eventually it will results in efficiency gains of Malaysian banks.

  19. Competitiveness and linking of emission trading systems

    Energy Technology Data Exchange (ETDEWEB)

    Hausotter, Tobias; Steuwer, Sibyl; Taenzler, Dennis [adelphi, Berlin (Germany)

    2011-01-15

    The establishment of emission trading systems raises concerns among industries regarding international competitive disadvantages for the industries under an emissions cap. This study aims to assess competitiveness exposure of industrial sectors and presents policy measures to address these concerns. Moreover, the study provides a comparison of different existing approaches to competitiveness concerns proposed by regional emission trading systems. (orig.)

  20. 76 FR 19746 - Expansion of Foreign-Trade Zone 133; Quad-Cities, IL/IA

    Science.gov (United States)

    2011-04-08

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1749] Expansion of Foreign-Trade Zone 133; Quad-Cities, IL/IA Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the Board) adopts the following Order...

  1. Foreign trade legislation, war weapons control legislation

    International Nuclear Information System (INIS)

    Hucko, E.M.

    1993-01-01

    The volume contains, in addition to an introduction into the matter, the texts of the Foreign Trade Act (FTA), the War Weapons Control Act and all relevant ordinances. Foreign trade transactions of the Federal Republic of Germany are essentially, but not exclusively, governed by the FTA. They are strongly influenced by the legislation of the European Communities which in the form of directives are immediately effective here, and in the form of guidelines oblige the German lawgiver or ordinance giver to translate them into practice, mostly by appropriate modifications of the foreign trade ordinance, the import and export lists. It is not the war weapons which are the problem, but the so-called dual-use goods, namely articles, technologies and knowledge which, as a rule, serve civil purposes, which, however, may be used also to produce weapons, in particular ABC weapons or rockets. Nowadays we are concerned about several third-world states which are obsessed by the wish to build their own atomic bomb. (orig./HSCH) [de

  2. 75 FR 29975 - Expansion of Foreign-Trade Zone 272; Lehigh Valley, Pennsylvania

    Science.gov (United States)

    2010-05-28

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1679] Expansion of Foreign-Trade Zone 272; Lehigh Valley, Pennsylvania Pursuant to its authority under the Foreign-Trade Zones Act of June... Bethlehem, Pennsylvania, adjacent to the Philadelphia Customs and Border Protection port of entry (FTZ...

  3. Foreign trade Ukrainian provinces of the Russian empire (late 19th – early 20th cent.: modern national historiography

    Directory of Open Access Journals (Sweden)

    Iryna M. Zhilenkova

    2016-01-01

    Full Text Available The state of scientific study of questions about foreign trade of the Ukraine of the late XIX century – early XX century by modern national historiographers analyzed. The main attention paid to finding out of their attitude towards the policy of the Russian Empire in the relevant sphere. Modern vision of noted problem found out in Ukrainian historical science of time of independence. The available scientific literature divided into thematic groups. Common and distinctive features of the estimations of foreign trade specificity of the mentioned period are determined, the influence of public policy to raise competitive capacity of the products in foreign markets. The dependence of authors’ position on their change of political course is established. Scientists are studying the works of predecessors and trying to answer the controversial issues about this economic problem. There systematized and described major groups’ historiographical sources on the history of foreign trade of the Ukraine issue is the period. Shown the negative influence of ideological and political dogmas and prejudices on the development objective knowledge of the problem.

  4. Multinational Corporations and Foreign Direct Investments in Romania. Effects on the Romanian Trade

    Directory of Open Access Journals (Sweden)

    Catana Adina Mihaela

    2011-12-01

    Full Text Available This paper focuses on the study of transnational corporations and their business development through foreign direct investments made in other countries, mostly greenfield type countries. The objective of this paper is to determine the impact of these companies enlargement on the Romanian retail market, especially on the consumer goods market. Transnational companies have experienced a very dynamic economic growth, enjoying success at first in their country and then expanding to other countries. As independent players on the international market, multinational corporations are becoming more and more powerful every day. Most of these companies record annual sales of ten million dollars each. The most important aspect of business globalization is the interdependence between national economies. In this process, Foreign Direct Investments have an important role, given the fact that the internal resources are not enough to ensure the development and support of businesses hence the need to obtain external resources. Generally, FDI have a strong training effect both in the national and global economy, providing the replacement and modernization of techniques and technologies, increasing production and supply of goods, improving their quality and competitiveness, creating new jobs and growing the quality of life. Thus, each national economy is building its economic development strategy in which investments have a predominant role. Foreign Direct Investment is a major driver of globalization that characterizes the modern economy. Increasing of Foreign Direct Investment flows, accompanied by the increasing of the portfolio investments, highlights the major role played by transnational corporations, especially in developing economies and transition economies. The most important areas in which FDI was made in Romania are: financial intermediation and insurance, trade, construction and real estate, information technology and communication. The entering of

  5. 27 CFR 44.264a - To a foreign-trade zone.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 2 2010-04-01 2010-04-01 false To a foreign-trade zone. 44.264a Section 44.264a Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE... Warehouses Notice of Removal of Shipment § 44.264a To a foreign-trade zone. Where cigars are withdrawn from a...

  6. 27 CFR 44.196a - To a foreign-trade zone.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 2 2010-04-01 2010-04-01 false To a foreign-trade zone. 44.196a Section 44.196a Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE... Shipment § 44.196a To a foreign-trade zone. Where tobacco products, and cigarette papers and tubes are...

  7. 27 CFR 44.207a - To a foreign-trade zone.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 2 2010-04-01 2010-04-01 false To a foreign-trade zone. 44.207a Section 44.207a Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE... of Shipment § 44.207a To a foreign-trade zone. Where tobacco products, and cigarette papers and tubes...

  8. Marketing instruments of foreign trade promotion

    OpenAIRE

    Bjelić Predrag

    2011-01-01

    Instruments of promotion as a part of marketing mix are usually associated with companies but more and more countries use this instrument in order to boost their exports. These foreign trade promotion instruments are now popular in many countries in the world since their use is not opposed to any World Trade Organization rules. Marketing instruments of trade promotions are the most important. They include National Exhibitions and National labels of origin and quality. In order to coordinate t...

  9. 15 CFR 50.30 - Fee structure for foreign trade and shipping statistics.

    Science.gov (United States)

    2010-01-01

    ... shipping statistics. 50.30 Section 50.30 Commerce and Foreign Trade Regulations Relating to Commerce and... THE CENSUS § 50.30 Fee structure for foreign trade and shipping statistics. (a) The Bureau of the Census is willing to furnish on a cost basis foreign trade and shipping statistics provided there is no...

  10. The Power Trading Agent Competition

    NARCIS (Netherlands)

    Ketter, W.; Collins, J.; Reddy, P.; Flath, C.; De Weerdt, M.M.

    2011-01-01

    This is the specification for the Power Trading Agent Competition for 2012 (Power TAC 2012). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff contracts,

  11. The Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); P. Reddy (Prashant); C. Flath (Christoph); M.M. de Weerdt (Mathijs)

    2011-01-01

    textabstractThis is the specification for the Power Trading Agent Competition for 2012 (Power TAC 2012). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff

  12. Intra-industry Affiliate Trade of Foreign Owned Companies in Poland 1993-2002

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

    2004-01-01

    The concept of intra-industry international exchange of goods and assets has attracted a lot of interests within the last 30 years. Concepts like intra-industry trade, intra-industry foreign direct investments, intra-industry affiliate sale, and intra-industry supply have been used in theoretical...... (exports and imports) and industry variables (wages, employment, foreign capital share, investments, sales, etc.) of foreign owned companies in the Polish manufacturing industry for the years 1993-2002, this paper, investigates for the first time intra-industry affiliate trade (IIAT), including its...... and empirical research with most emphasis laid on intra-industry trade. What has not been investigated until now is a subgroup within intra-industry trade, namely intra-industry affiliate trade which is two-way trade from foreign owned affiliates in a country. By use of a unique database containing trade...

  13. Intra-industry Affiliate Trade of Foreign Owned Companies in Poland 1993-2002

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

    The concept of intra-industry international exchange of goods and assets has attracted a lot of interests within the last 30 years. Concepts like intra-industry trade, intra-industry foreign direct investments, intra-industry affiliate sale, and intra-industry supply have been used in theoretical...... and empirical research with most emphasis laid on intra-industry trade. What has not been investigated until now is a subgroup within intra-industry trade, namely intra-industry affiliate trade, which is two-way trade from/to foreign owned affiliates in a country. By use of a unique database containing trade...... (exports and imports) and industry variables (wages, employment, foreign capital share, investments, sales, etc.) of foreign owned companies in the Polish manufacturing industry for the years 1993-2002, this paper, investigates for the first time intra-industry affiliate trade (IIAT), including its...

  14. Are stricter investment rules contagious? Host country competition for foreign direct investment through international agreements

    OpenAIRE

    Neumayer, Eric; Nunnenkamp, Peter; Roy, Martin

    2014-01-01

    We argue that the trend toward international investment agreements (IIAs) with stricter investment rules is driven by competitive diffusion, namely defensive moves of developing countries concerned about foreign direct investment (FDI) diversion in favor of competing host countries. Accounting for spatial dependence in the formation of bilateral investment treaties (BITs) and preferential trade agreements (PTAs) that contain investment provisions, we find that the increase in agreements with ...

  15. Trade, Foreign Direct Investment and R&D Spillovers

    Directory of Open Access Journals (Sweden)

    Jaehwa Lee

    2004-06-01

    Full Text Available The paper examines the evidence of R & D spillovers through trade and foreign direct investment at the industrial sectoral level. Specifically, it focuses on the appropriate measure of foreign R&D stocks embodied in imports, and proposes an alternative measure to the traditional measure. With a new measure of foreign technology, this paper then empirically distinguishes between R&D spillovers from import volume and from import variety. Panel estimations with fixed effects use a data set comprised of eight sectors in the manufacturing industry of thirteen OECD countries from 1981 to 1999. This empirical work at disaggregated level has shown the evidence to generally support the role of manufacturing imports in the international diffusion of technology. In particular, the results imply that the impact of import variety proves stronger and more significant in investigating trade-related R&D spillovers. The evidence indicates the variety effect dominates the volume effect, and hence import variety proves more important in explaining trade-related technological diffusion. This paper also investigates R&D spillovers occurring simultaneously through trade and non-trade (i.e., FDI channels, Empirical results provide no strong evidence on R&D spillovers through FDI, although FDI is often considered as an important channel for technological diffusion. The evidence implies that the effect of trade channel dominates that of the FDI channel and finds that FDI only weakly affects domestic productivity.

  16. A Study of Comparative Advantage and Intra-Industry Trade in the Pharmaceutical Industry of Iran.

    Science.gov (United States)

    Yusefzadeh, Hassan; Rezapour, Aziz; Lotfi, Farhad; Ebadifard Azar, Farbod; Nabilo, Bahram; Abolghasem Gorji, Hassan; Hadian, Mohammad; Shahidisadeghi, Niusha; Karami, Atiyeh

    2015-04-23

    Drug costs in Iran accounts for about 30% of the total health care expenditure. Moreover, pharmaceutical business lies among the world's greatest businesses. The aim of this study was to analyze Iran's comparative advantage and intra-industry trade in pharmaceuticals so that suitable policies can be developed and implemented in order to boost Iran's trade in this field. To identify Iran's comparative advantage in pharmaceuticals, trade specialization, export propensity, import penetration and Balassa and Vollrath indexes were calculated and the results were compared with other pharmaceutical exporting countries. The extent and growth of Iran's intra-industry trade in pharmaceuticals were measured and evaluated using the Grubel-Lloyd and Menon-Dixon indexes. The required data was obtained from Iran's Customs Administration, Iran's pharmaceutical Statistics, World Bank and International Trade Center. The results showed that among pharmaceutical exporting countries, Iran has a high level of comparative disadvantage in pharmaceutical products because it holds a small share in world's total pharmaceutical exports. Also, the low extent of bilateral intra-industry trade between Iran and its trading partners in pharmaceuticals shows the trading model of Iran's pharmaceutical industry is mostly inter-industry trade rather than intra-industry trade. In addition, the growth of Iran's intra-industry trade in pharmaceuticals is due to its shares of imports from pharmaceutical exporting countries to Iran and exports from Iran to its neighboring countries. The results of the analysis can play a valuable role in helping pharmaceutical companies and policy makers to boost pharmaceutical trade.

  17. The Cultural Trade Index : An Introduction

    OpenAIRE

    Kabanda, Patrick

    2016-01-01

    The Cultural Trade Index aims to shed light on cultural trade and stimulate interest in how this little-known area can contribute to economic diversification, boost shared prosperity, and reduce extreme poverty. As the first index of its kind, the Cultural Trade Index would gather cultural trade data scattered across different sources, place them in one place, and show how countries are pe...

  18. VOLATILITY OF EXCHANGE RATE IN THE CONTEXT OF FOREIGN TRADE

    Directory of Open Access Journals (Sweden)

    Oleg STRATULAT

    2016-09-01

    Full Text Available Moderate fluctuation of the exchange rate, basically in its floating regime is considered normality. Meanwhile,excessive volatility of the exchange rate is an issue for many countries. Its elimination is directed to foreign trade, which, through essential exports, followed by significant currency inflows, contribute to the stability of exchange rates. Unfortunately, Moldova’s foreign trade has become a key factor in maintaining the stability of foreign exchange.

  19. A Comparative Study of the Role of China and India in Sustainable Textile Competition in the U.S. Market under Green Trade Barriers

    Directory of Open Access Journals (Sweden)

    Junqian Xu

    2018-04-01

    Full Text Available The United States is the most important textile import market in the world, and one of the most important export targets of developing countries. In view of its ecological environment and consumer health, the United States has put forward increasingly harsh environmental protection systems and standards for imported textile products, and its environmental trade barriers have been steadily strengthened. China’s textile exports increased substantially after joining the World Trade Organization (WTO in 2000; at present, the textile imports of the United States from China and India reach in total more than one third of all their imports. China and India both have comparative advantages in the import trade of textile raw materials and clothing in the United States (U.S.. On the basis of the United Nation ComTrade Rev. 3, this paper studies the role of China and India in the United States textile market, including calculating the trade competitiveness index, revealing the competitive advantages of China and India, and investigating the impact of both Chinese and Indian textiles on United States imports from the rest of the world across three main textile sectors in the period 2000–2016, especially in the context of green trade barriers. We find that the relative textile import prices, the ecological standard of China’s textile production re-edited Oeko-Tex Standard 100 in 2008 and export tax policy, and the competitive advantages of China and India had varied impacts on relative U.S. textile imports across related sectors under green environmental trade barriers. These findings recognize China’s competitiveness in international trading, and also provide suggestions regarding China’s competitiveness and sustainable development in the U.S. market.

  20. PRICE CATEGORIES USED IN FOREIGN TRADE TRANSACTIONS IN THE LIGHT OF THE DELIVERY TERMS INCOTERMS 2010

    Directory of Open Access Journals (Sweden)

    Paliu - Popa Lucia

    2011-12-01

    Full Text Available On the international markets of goods, pricing is usually done by the confrontation between supply and demand, under pressure from global competition; such pricing is influenced by many other factors that reflect the structural crisis phenomena triggered in the world economy, or factors specific to different groups of goods. After negotiation, the contracting parties should obtain the best price, taking into account the circumstantial situation of the world market upon the transaction, the quality and the technical and functional parameters of the goods subject to negotiations, comparable to those of the competition, the delivery terms and the payment method. From this perspective, we believe that the provision of substantiated external prices makes it easier to obtain maximum benefits and achieve the trade with foreign countries under the best terms. Because the external price is an essential element of the agreement of international sale of goods that contributes substantially to the profitability of an entity, we will deal below with the main categories of prices used in foreign trade activities, both in intra-Community and international transactions, taking into account the models for calculating the external price, compared to the delivery terms Incoterms 2010.

  1. 76 FR 28213 - Reorganization of Foreign-Trade Zone 51 Under Alternative Site Framework; Duluth, MN

    Science.gov (United States)

    2011-05-16

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1758] Reorganization of Foreign-Trade Zone 51 Under Alternative Site Framework; Duluth, MN Pursuant to its authority under the Foreign-Trade... Foreign-Trade Zone 51, submitted an application to the Board (FTZ Docket 58-2010, filed 10/1/2010, amended...

  2. STRUCTURIZATION OF COMPETITIVE CAPACITY OF TRADE ORGANIZATION

    Directory of Open Access Journals (Sweden)

    N. A. Sеrеbrуаkоvа

    2015-01-01

    Full Text Available The modern consumer market is characterized by a complex of immanent tendencies of development, the competitive relations reflecting specifics inherent in it. These tendencies of development of the competitive environment of the consumer market are in many respects caused by a state and extent of use of competitive capacity of the organizations functioning in this market. This obvious circumstance causes the necessity of complex scientific research of competitive capacity of trade organizations, including its structures, for definition of prospects of its sustainable strategic development. Immanent properties of competitive capacity of trade organization allowed to study in detail its structure, by means of the substantial review of the existing options of its representation and their systematization on specific, element and system signs. In development of specific structure of competitive potential its addition commercial, technological, communication, consumer and image the potentials reflecting functional and branch specifics of activity of trade organization is offered. The system of elements of competitive capacity of trade organization is given by its structure-forming types. It is proved that these elements aren't characterized by strict distribution by types of potentials, and separate from elements are universal, accepted for simultaneous use when forming all types of potential. Allocation of a system sign of structurization of competitive potential was based on situation that "systemacity" has to be provided not so much with hierarchy of hierarchy of types and elements of potential, their interrelations, how many possibility of the accounting of various classification signs allowing to typify competitive potential as system integrity, regardless of its separate types. Those signs were the stage of a demand and level of use in economic activity, economic feasibility of existence of unrealized potential, the origin nature.

  3. 77 FR 63289 - Foreign-Trade Zone 32-Miami, Florida; Application for Reorganization Under Alternative Site...

    Science.gov (United States)

    2012-10-16

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-51-2012] Foreign-Trade Zone 32--Miami, Florida... submitted to the Foreign-Trade Zones Board (the Board) by the Greater Miami Foreign-Trade Zone, Inc., grantee of FTZ 32, to amend its application to reorganize FTZ 32 zone under the alternative site framework...

  4. The Story of Foreign Trade and Exchange.

    Science.gov (United States)

    Fan, Cedric

    This comic-style booklet is one of a series of educational booklets published by the Federal Reserve Bank of New York. The booklet uses everyday language and lively illustrations to explain the benefits of international trade; the effects of tariffs and quotas; the significance of foreign exchange rates; how the foreign exchange market facilities…

  5. The Effect of Foreign Trade Policy Transparency on Integration of Ukraine in the World Economy

    Directory of Open Access Journals (Sweden)

    Yakovchenko Victoria S.

    2018-02-01

    Full Text Available The article is concerned with the interdependence between dynamics of the international trade and economic relations development and the existing level of foreign trade policy transparency in accordance with the provisions of the WTO Trade Facilitation Agreement. The effect of observance of transparency principle in foreign trade policy on forming the transaction costs in foreign trade is analyzed. A comparative analysis of the influence of import duties and transaction costs on the formation of Ukraine’s foreign trade barriers is carried out. Prospects of the national export-import activity development under increasing transparency of foreign trade policy of Ukraine and other world countries are determined.

  6. Impact of state policy on forming the competitiveness of retail trade in Russia

    Directory of Open Access Journals (Sweden)

    Regina Rafailevna Salikhova

    2015-06-01

    Full Text Available Objective to estimate the efficiency of the state regulation of retail trade and its influence on the formation of competitive advantage in retailing. Method logicalmathematical. Results the article considers the methods of retail trade regulation. The factors constraining the business activity of retail chains are analyzed the factors constraining the business activity of retail networks are revealed. The activities are proposed that would contribute to improving the competitiveness of domestic trade of Russia. Scientific novelty econometric model has been built that includes 8 factors. Within the model the influence of the studied factors on retail chains turnover is defined. Practical value the possibility to apply the obtained results to increase the efficiency of retail trade enterprises and consequently their competitiveness. nbsp

  7. Competition, transmission and pattern evolution: A network analysis of global oil trade

    International Nuclear Information System (INIS)

    Zhang, Hai-Ying; Ji, Qiang; Fan, Ying

    2014-01-01

    This paper studies the competition among oil importers using complex network theory, combined with several alternative measures of competition intensity, to analyze the evolution of the pattern and transmission of oil-trading competition. The results indicate that oil trade has formed a global competition pattern and that the role played by the Asian-Pacific region in the evolution of this competition pattern is becoming increasingly prominent. In addition, global competition intensity has continued to rise, and non-OECD countries have become the main driving force for this increase in global competition intensity. The large oil importers are the most significant parts of the global oil-trading competition pattern. They are not only the major participants in the competition for oil resources but also play important roles in the transmission of oil-trading competition. China and the United States especially display the feature of globalization, whose impacts of transmission reach across the whole oil-trading competition network. Finally, a “5C” (changeability, contestability, cooperation, commitment and circumstances) policy framework is put forward to maintain the stability of oil trade and improve the energy security of oil importers in various aspects. - Highlights: • An oil-trading competition network is constructed using complex network theory. • Oil trade has formed a global competition pattern and its intensity has kept rising. • The status of the Asian-Pacific region in the competition pattern becomes prominent. • Large oil importers play important roles in transmitting the trading competition. • A “5C” policy framework is put forward to cope with the intensive competition

  8. The effect of counter-trading on competition in electricity markets

    International Nuclear Information System (INIS)

    Dijk, Justin; Willems, Bert

    2011-01-01

    In a competitive electricity market, nodal pricing is the most efficient way to manage congestion. Counter-trading is inefficient as it gives the wrong long term signals for entry and exit of power plants. However, in a non-competitive market, additional entry will improve the competitiveness of the market, and will increase social benefit by reducing price-cost margins. This paper studies whether the potential pro-competitive entry effects could make counter-trading more efficient than nodal pricing. We find that this is unlikely to be the case, and expect counter-trading to have a negative effect on overall welfare. The potential benefits of additional competition (more competitive prices and lower production cost) do not outweigh the distortions (additional investment cost for the entrant, and socialization of the congestion cost to final consumers). - Research highlights: → 'Counter-trading' and 'nodal pricing' manage congestion in electric grids. → Nodal pricing gives superior locational prices. → Counter-trading induces extra investments in regions with a production surplus. → Extra investments improve competition, but are expected to be socially inefficient.

  9. A Study of Comparative Advantage and Intra-Industry Trade in the Pharmaceutical Industry of Iran

    Science.gov (United States)

    Yusefzadeh, Hassan; Rezapour, Aziz; Lotfi, Farhad; Azar, Farbod Ebadifard; Nabilo, Bahram; Gorji, Hassan Abolghasem; Hadian, Mohammad; Shahidisadeghi, Niusha; Karami, Atiyeh

    2015-01-01

    Background: Drug costs in Iran accounts for about 30% of the total health care expenditure. Moreover, pharmaceutical business lies among the world’s greatest businesses. The aim of this study was to analyze Iran’s comparative advantage and intra-industry trade in pharmaceuticals so that suitable policies can be developed and implemented in order to boost Iran’s trade in this field. Methods: To identify Iran’s comparative advantage in pharmaceuticals, trade specialization, export propensity, import penetration and Balassa and Vollrath indexes were calculated and the results were compared with other pharmaceutical exporting countries. The extent and growth of Iran’s intra-industry trade in pharmaceuticals were measured and evaluated using the Grubel-Lloyd and Menon-Dixon indexes. The required data was obtained from Iran’s Customs Administration, Iran’s pharmaceutical Statistics, World Bank and International Trade Center. Results: The results showed that among pharmaceutical exporting countries, Iran has a high level of comparative disadvantage in pharmaceutical products because it holds a small share in world’s total pharmaceutical exports. Also, the low extent of bilateral intra-industry trade between Iran and its trading partners in pharmaceuticals shows the trading model of Iran’s pharmaceutical industry is mostly inter-industry trade rather than intra-industry trade. In addition, the growth of Iran’s intra-industry trade in pharmaceuticals is due to its shares of imports from pharmaceutical exporting countries to Iran and exports from Iran to its neighboring countries. Conclusions: The results of the analysis can play a valuable role in helping pharmaceutical companies and policy makers to boost pharmaceutical trade. PMID:26153184

  10. 76 FR 4865 - Reorganization of Foreign-Trade Zone 104 Under Alternative Site Framework Savannah, GA

    Science.gov (United States)

    2011-01-27

    ... Commission, grantee of Foreign-Trade Zone 104, submitted an application to the Board (FTZ Docket 51-2010... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1736] Reorganization of Foreign-Trade Zone 104 Under Alternative Site Framework Savannah, GA Pursuant to its authority under the Foreign...

  11. 75 FR 30782 - Reorganization/Expansion of Foreign-Trade Zone 20; Hampton Roads, VA, Area

    Science.gov (United States)

    2010-06-02

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1683] Reorganization/Expansion of Foreign-Trade Zone 20; Hampton Roads, VA, Area Pursuant to its authority under the Foreign-Trade Zones Act...) in the Hampton Roads, Virginia, area within the Norfolk Customs and Border Protection port of entry...

  12. The 2018 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); M.M. de Weerdt (Mathijs)

    2017-01-01

    markdownabstractThis is the specification for the Power Trading Agent Competition for 2018 (Power TAC 2018). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through

  13. The 2013 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); P. Reddy (Prashant); M.M. de Weerdt (Mathijs)

    2013-01-01

    textabstractThis is the specification for the Power Trading Agent Competition for 2013 (Power TAC 2013). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff

  14. The 2016 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); M.M. de Weerdt (Mathijs)

    2016-01-01

    markdownabstractThis is the specification for the Power Trading Agent Competition for 2016 (Power TAC 2016). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through

  15. The 2017 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); M.M. de Weerdt (Mathijs)

    2017-01-01

    markdownabstractThis is the specification for the Power Trading Agent Competition for 2017 (Power TAC 2017). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through

  16. The 2012 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); P. Reddy (Prashant); M.M. de Weerdt (Mathijs)

    2012-01-01

    textabstractThis is the specification for the Power Trading Agent Competition for 2012 (Power TAC 2012). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff

  17. The 2015 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); P. Reddy (Prashant); M.M. de Weerdt (Mathijs)

    2015-01-01

    markdownabstractThis is the specification for the Power Trading Agent Competition for 2015 (Power TAC 2015). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through

  18. The 2014 Power Trading Agent Competition

    NARCIS (Netherlands)

    W. Ketter (Wolfgang); J. Collins (John); P. Reddy (Prashant); M.M. de Weerdt (Mathijs)

    2014-01-01

    textabstractThis is the specification for the Power Trading Agent Competition for 2014 (Power TAC 2014). Power TAC is a competitive simulation that models a “liberalized” retail electrical energy market, where competing business entities or “brokers” offer energy services to customers through tariff

  19. 77 FR 43048 - Foreign-Trade Zone 32-Miami, FL; Application for Reorganization Under Alternative Site Framework

    Science.gov (United States)

    2012-07-23

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-51-2012] Foreign-Trade Zone 32--Miami, FL... Foreign-Trade Zones (FTZ) Board (the Board) by the Greater Miami Foreign-Trade Zone, Inc., grantee of FTZ 32, requesting authority to reorganize the zone under the alternative site framework (ASF) adopted by...

  20. Foreign experience of regulating international trade transactions

    Directory of Open Access Journals (Sweden)

    Klymenko L. V.

    2015-05-01

    Full Text Available The article deals with the international experience of state regulating international trade transactions; nature, directions and contradictions of contemporary processes of globalization are defined; components of regulatory and incentive means in system of state supporting foreign trade activity of commodity producers are considered; general provisions for the improvement of state regulation mechanisms of export-import activities in Ukraine are determined.

  1. Gaining Relational Competitive Advantages

    DEFF Research Database (Denmark)

    Hu, Yimei; Zhang, Si; Li, Jizhen

    2015-01-01

    Establishing strategic technological partnerships (STPs) with foreign partners is an increasingly studied topic within the innovation management literature. Partnering firms can jointly create sources of relational competitive advantage. Chinese firms often lack research and development (R......&D) capabilities but are increasingly becoming preferred technological partners for transnational corporations. We investigate an STP between a Scandinavian and a Chinese firm and try to explore how to gain relational competitive advantage by focusing on its two essential stages: relational rent generation...... and appropriation. Based on an explorative case study, we develop a conceptual framework that consists of process, organizational alliance factors, and coordination modes that we propose lead to relational competitive advantage....

  2. Foreign Energy Company Competitiveness: Background information

    Energy Technology Data Exchange (ETDEWEB)

    Weimar, M.R.; Freund, K.A.; Roop, J.M.

    1994-10-01

    This report provides background information to the report Energy Company Competitiveness: Little to Do With Subsidies (DOE 1994). The main body of this publication consists of data uncovered during the course of research on this DOE report. This data pertains to major government energy policies in each country studied. This report also provides a summary of the DOE report. In October 1993, the Office of Energy Intelligence, US Department of Energy (formerly the Office of Foreign Intelligence), requested that Pacific Northwest Laboratory prepare a report addressing policies and actions used by foreign governments to enhance the competitiveness of their energy firms. Pacific Northwest Laboratory prepared the report Energy Company Competitiveness Little to Do With Subsidies (DOE 1994), which provided the analysis requested by DOE. An appendix was also prepared, which provided extensive background documentation to the analysis. Because of the length of the appendix, Pacific Northwest Laboratory decided to publish this information separately, as contained in this report.

  3. 77 FR 59890 - Foreign-Trade Zone 92-Gulfport, MS; Authorization of Production Activity; Gulf Ship, LLC...

    Science.gov (United States)

    2012-10-01

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-36-2012] Foreign-Trade Zone 92--Gulfport, MS; Authorization of Production Activity; Gulf Ship, LLC (Shipbuilding); Gulfport, MS On May 10, 2012, the Mississippi Coast Foreign-Trade Zone, Inc., grantee of FTZ 92, submitted a notification of proposed production activity to the Foreign-Trade Zones...

  4. Export competitiveness of pakistani horticultural products

    International Nuclear Information System (INIS)

    Akhtar, W.; Akmal, N.; Shah, H.; Tahir, A.; Niazi, M.A.

    2013-01-01

    This paper examines Pakistan's competitiveness in export of selected horticulture commodities by employing set of revealed comparative advantage (RCA) and revealed competitive advantage indices with respect to global trade. Results demonstrate that Pakistan has comparative and competitive advantage over the period under analysis and indicates a transition from comparative and competitive disadvantage to comparative and competitive advantage during the period under analysis. Tangerines, mandarins, clem have maintained relatively higher revealed comparative advantage as compared to other categories for the whole period under analysis. Onion export has revealed comparative advantage with some fluctuations over time. The research indicates that Pakistan's comparative and competitive advantages have been increasing in all the selected commodities during period under analysis which indicates the potential of horticulture exports for foreign exchange earnings. There is need to strengthen comparative and competitive advantage in horticulture sector by policy support and facilitating role by all stakeholders. (author)

  5. Foreign Trade Dvelopment between Libya and the European Union

    OpenAIRE

    Mansoor Maitah; Nassir Salim; Abulgasem Bazina

    2011-01-01

    This article deals with the analysis of foreign trade development betweenLibyaand the European Union in the recent years. Libya is one of the developing countries with large area, low density of population and large endowment of natural resources, oil and gas. The Libyan economy like a number of other Arab economies, depends heavily on oil revenue, it relies heavily on a single exportable commodity, as the main source of foreign exchange earnings. Trade relations betweenLibyaand the European ...

  6. Competitive potential of trade organization : theoretical and methodological foundations of formation and realization

    OpenAIRE

    Serebryakova, Nadezhda A.; Semenenko, Sergey V.; Grishchenko, Natalya V.; Ulchenko, Tamara Y.

    2016-01-01

    Problematics of competitive potential of organization does not have any multi-disciplinary limitations of research. Study of competitive potential in connection with factors of its formation and conditions for realization, including competition, competitiveness, and competitive advantages of organization, was conducted by many scientists. At that, in view of sectorial specifics, there is domination of works devoted to study of competitive potential of production, not trade, organizations. Ide...

  7. 78 FR 53426 - Expansion of Foreign-Trade Zone 84; Houston, Texas

    Science.gov (United States)

    2013-08-29

    ... 84; Houston, Texas Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as..., the Port of Houston Authority, grantee of Foreign-Trade Zone 84, submitted an application to the Board for authority to expand FTZ 84 to include a site in Brazos County, Texas, adjacent to the Houston...

  8. 75 FR 15413 - Approval for Processing Authority, Foreign-Trade Zone 196, ATC Logistics & Electronics (Personal...

    Science.gov (United States)

    2010-03-29

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1671] Approval for Processing Authority, Foreign-Trade Zone 196, ATC Logistics & Electronics (Personal Navigation Devices), Fort Worth... & Electronics, an operator of Foreign-Trade Zone 196, has requested processing authority within FTZ 196 in Fort...

  9. REGIONAL TRADE AGREEMENTS AND COMPETITION POLICY. CASE STUDY: EU, ASEAN AND NAFTA

    Directory of Open Access Journals (Sweden)

    Fora Andreea-Florina

    2014-07-01

    Full Text Available The large number of regional trade agreements notified to the World Trade Organization (WTO significantly influenced the flow of world trade. By April 2014 there had been notified 583 regional trade agreements to the WTO, of which only 379 are in force. The objective of this paper is to highlight the importance of regional trade agreements in world trade, especially the importance of establishing a regional competition policy in these agreements. The research methodology used is the analysis of legislation governing preferential trade agreements at the level of WTO, the collection and interpretation of statistical data provided by the WTO Secretariat, the case study, namely the study of literature. The paper is structured in three parts. The first part of the paper examines the basic laws based on which regional trade agreements are notified to the WTO and the evolution of these agreements in the period 1958-2013. The second part of the paper is devoted to the analysis of competition policy in regional trade agreements. In this part of the paper, to highlight the patterns of competition policy adopted under these agreements was analyzed by three case studies of competition policy in the EU, ASEAN and NAFTA. The three case studies have revealed that the three preferential trade agreements present regional competition policies with varying degrees of integration. The most complex form of competition policy is found in the European Union, because we are talking about a centralized model of competition policy. ASEAN presents a partially decentralized model, while NAFTA scrolls with a decentralized model of competition policy. The last part of the paper presents the characteristics of the four models of competition policy identified in the preferential trade agreements in force. It should be emphasized that if the initial preferential trade agreements have not put a great emphasis on the rules of competition policy, practice has shown the importance

  10. The Competitive Advantages of Retail Enterprises: the Factor and the Result of Competitive Relations

    Directory of Open Access Journals (Sweden)

    Chorna Maryna V.

    2018-03-01

    Full Text Available The article is aimed at systematization and development of a conceptual-categorical apparatus of the essence of competitive advantages. The approaches to their interpretation have been allocated. The essential characteristics and stages of the life cycle of competitive advantages are considered. As active stages it is suggested to consider the following: formation, implementation, and development. The basic properties of competitive advantages such as dual character have been substantiated and supplemented. Both the factor and the effective nature of competitive advantages are characterized. On the basis of the mentioned approaches together with the identified features, a definition of the concept of «competitive advantages» as economic category has been proposed. Its use as a base along with taking into consideration the functional specificity of trade enterprises has allowed: clarifying the essence of competitive advantages of retail enterprises; suggesting their definition as a factor and as a result of competitive relations. The identification of dual character will increase the possibilities to assess competitive advantages. Prospects for further researches in this direction are connected with allocating of peculiarities and kinds of competitive advantages of retail trade enterprises with the purpose of increasing the of validity of decisions on their formation, implementation, and development.

  11. 76 FR 12887 - Foreign-Trade Zones in the United States

    Science.gov (United States)

    2011-03-09

    ..., International Trade Administration, Commerce. ACTION: Extension of public comment period. SUMMARY: On December..., Foreign-Trade Zones Board, International Trade Administration, U.S. Department of Commerce, 1401... will be accepted in Microsoft Word, Excel, WordPerfect, or Adobe portable document file (pdf) formats...

  12. The informal economy employment impacts of trade liberalization & increased competition in export markets

    DEFF Research Database (Denmark)

    Morocco and United States. The overall logic of such measures was that liberalization and privatization would stimulate trade, support the requested modernization of the production systems and infrastructures, and enhance public administrations and services as well. Positive impacts on income, employments...... and privatization processes were implemented at the international level by the WTO's, at regional level by the establishment of free trade agreements between individual states on the southern and eastern Mediterranean rim and the EU [under the Barcelona Process] and by bilateral agreements as the one signed between...... to focus on the impacts of restructuring in the formal textile and clothing sectors (TC) which is the major employer in three Maghrib countries: Algeria, Morocco and Tunisia. The textile and clothing sectors have been particularly exposed to increased competition in foreign and/or domestic markets...

  13. 26 CFR 1.923-1T - Temporary regulations; exempt foreign trade income.

    Science.gov (United States)

    2010-04-01

    ... be exempt foreign trade income. If a FSC has a non-corporate shareholder (shareholders), 16/23 of its foreign trade income attributable to the noncorporate shareholder's (shareholders') proportionate interest... attributable to the non-corporate shareholder's (shareholders') proportionate interest in the FSC will be...

  14. A competitive trade-off limits the selective advantage of increased antibiotic production.

    Science.gov (United States)

    Gerardin, Ylaine; Springer, Michael; Kishony, Roy

    2016-09-26

    In structured environments, antibiotic-producing microorganisms can gain a selective advantage by inhibiting nearby competing species 1 . However, despite their genetic potential 2,3 , natural isolates often make only small amounts of antibiotics, and laboratory evolution can lead to loss rather than enhancement of antibiotic production 4 . Here, we show that, due to competition with antibiotic-resistant cheater cells, increased levels of antibiotic production can actually decrease the selective advantage to producers. Competing fluorescently labelled Escherichia coli colicin producers with non-producing resistant and sensitive strains on solid media, we found that although producer colonies can greatly benefit from the inhibition of nearby sensitive colonies, this benefit is shared with resistant colonies growing in their vicinity. A simple model, which accounts for such local competitive and inhibitory interactions, suggests that the advantage of producers varies non-monotonically with the amount of production. Indeed, experimentally varying the amount of production shows a peak in selection for producers, reflecting a trade-off between benefit gained by inhibiting sensitive competitors and loss due to an increased contribution to resistant cheater colonies. These results help explain the low level of antibiotic production observed for natural species and can help direct laboratory evolution experiments selecting for increased or novel production of antibiotics.

  15. 77 FR 55182 - Reorganization of Foreign-Trade Zone 151 Under Alternative Site Framework Findlay, Ohio

    Science.gov (United States)

    2012-09-07

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1855] Reorganization of Foreign-Trade... option for the establishment or reorganization of zones; Whereas, the Findlay/Hancock County Chamber of Commerce, grantee of Foreign-Trade Zone 151, submitted an application to the Board (FTZ Docket 20-2012...

  16. 78 FR 24158 - Foreign-Trade Zone (FTZ) 75-Phoenix, Arizona; Notification of Proposed Production Activity...

    Science.gov (United States)

    2013-04-24

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-33-2013] Foreign-Trade Zone (FTZ) 75-Phoenix... benefits on such items. Public comment is invited from interested parties. Submissions shall be addressed... Executive Secretary, Foreign-Trade Zones Board, Room 21013, U.S. Department of Commerce, 1401 Constitution...

  17. 78 FR 49254 - Foreign-Trade Zone 84-Houston, Texas; Application for Subzone; Toshiba International Corporation...

    Science.gov (United States)

    2013-08-13

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-77-2013] Foreign-Trade Zone 84--Houston, Texas; Application for Subzone; Toshiba International Corporation; Houston, Texas An application has been submitted to the Foreign-Trade Zones (FTZ) Board by the Port of Houston Authority, grantee of FTZ 84...

  18. 75 FR 77614 - Proposed Foreign-Trade Zone-Terrebonne Parish, LA; Under Alternative Site Framework; Application...

    Science.gov (United States)

    2010-12-13

    ... proposal under the Louisiana Revised Statutes, Title 51, Sections 61-65. The proposed zone would be the... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 69-2010] Proposed Foreign-Trade Zone... to the Foreign-Trade Zones Board (the Board) by the Houma-Terrebonne Airport Commission to establish...

  19. REFERENCES OF THE NEW THEORY OF TRADE AND ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Spiridon Pralea

    2012-12-01

    Full Text Available This paper shows that the dynamization of the traditional theory of international trade through the study of growth effects on the foreign trade in the framework of neoclassical analysis, alongsidethe approach with the Keynesian toolkit of the role of foreign trade as a factor of growth, have constituted the main aspects of the new theory of trade and economic growth. The “new theory” basically represents a set of theories and models of the type “growth-led export” or “export-led growth”, which explain the complex role of foreign trade in the dynamic of development, the new segments of international trade, and also provides base for trade strategies for development. Their typology includes: “import-substitutionstrategy”, “export-promotion strategy”, and more recently “outward oriented strategy”. In the context of regionalization and globalization of competition the author believes most appropriate the states’ option for a “outward - oriented competitive development strategy”.

  20. Competitiveness of Agrarian Areas in the Stavropol Region

    NARCIS (Netherlands)

    Varivoda, V.; Heijman, W.J.M.; Ophem, van J.A.C.

    2010-01-01

    Regional development is determined by possessing specific competitive advantages and their constant improvement. The problem how to increase competitiveness of the areas remains one of the most important for the agrarian sector. Russian economic policy aims at the stable development of the agro

  1. 77 FR 44582 - Reorganization of Foreign-Trade Zone 183 Under Alternative Site Framework; Austin, TX

    Science.gov (United States)

    2012-07-30

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1843] Reorganization of Foreign-Trade Zone 183 Under Alternative Site Framework; Austin, TX Pursuant to its authority under the Foreign-Trade... Austin Customs and Border Protection port of entry, and FTZ 183's existing Sites 1 through 24 would be...

  2. Marketing instruments of foreign trade promotion

    Directory of Open Access Journals (Sweden)

    Bjelić Predrag

    2011-01-01

    Full Text Available Instruments of promotion as a part of marketing mix are usually associated with companies but more and more countries use this instrument in order to boost their exports. These foreign trade promotion instruments are now popular in many countries in the world since their use is not opposed to any World Trade Organization rules. Marketing instruments of trade promotions are the most important. They include National Exhibitions and National labels of origin and quality. In order to coordinate the application of these instruments countries have established national bodies for trade promotion. Many studies in the past had argued that national Agencies established to promote export did not had any real success, but recent studies indicate that they could have a significant impact on country export promotion. The result of this rise in impact of national export promotion agencies is due to international effort spearheaded by International Trade Center. The aim of this paper is to point out types and methods of marketing instruments application in trade promotion and to present the effectiveness of these instruments applications.

  3. 76 FR 65496 - Reorganization of Foreign-Trade Zone 119 Under Alternative Site Framework, Minneapolis/St. Paul, MN

    Science.gov (United States)

    2011-10-21

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1790] Reorganization of Foreign-Trade Zone 119 Under Alternative Site Framework, Minneapolis/St. Paul, MN Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board...

  4. 76 FR 61075 - Foreign-Trade Zone 127-Columbia, SC; Application for Reorganization/Expansion Under Alternative...

    Science.gov (United States)

    2011-10-03

    ... Board on July 2, 1986 (Board Order 333, 51 FR 25075, 7/10/86). The current zone project includes the... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 57-2011] Foreign-Trade Zone 127--Columbia... submitted to the Foreign-Trade Zones (FTZ) Board (the Board) by the Richland-Lexington Airport District...

  5. De Smith a Porter: um ensaio sobre as teorias de comércio exterior From Smith to Porter: an analysis of foreign trade theories

    Directory of Open Access Journals (Sweden)

    Eduardo Senra Coutinho

    2005-12-01

    Full Text Available A teoria clássica de comércio exterior procura explicar o comércio internacional a partir da produtividade relativa dos fatores de produção, determinando que o fluxo do comércio resulta de uma dotação inicial desses fatores. Ou seja, os países devem se especializar na produção dos bens para os quais possuam vantagens comparativas, oriundas da abundância dos fatores utilizados na produção desses bens. Por outro lado, a teoria das vantagens competitivas buscou elucidar empiricamente as determinantes da capacidade competitiva de determinados países, com o objetivo de verificar como emergem as vantagens obtidas no comércio internacional. Trata-se de buscar uma resposta para aquela que parece ser a pergunta central a ser respondida: por que empresas baseadas em determinadas nações alcançam sucesso internacional em segmentos e indústrias distintos? Diante disso, este trabalho procura realizar uma análise comparativa entre as teorias clássicas de comércio internacional e seus desenvolvimentos posteriores, os modelos baseados no desenvolvimento do mercado interno e na concorrência monopolística e a contribuição de Porter para o assunto.The classic theory of foreign trade explains international trade beginning with the relative productivity of the factors of production to show that the flow of commerce results from an initial endowment in these factors. Countries must specialize in the production of goods for which they have a competitive advantages stemming from the abundance of the factors involved in this production. The theory of competitive advantages further empirically explains the competitive capacity determinants of certain countries in order to perceive how these advantages are achieved in international commerce. An answer is sought for the key question of why companies based in certain countries attain international success in the diverse segments and industries. A comparative analysis includes the classic theories

  6. 77 FR 52310 - Expansion of Foreign-Trade Zone 61, San Juan, Puerto Rico

    Science.gov (United States)

    2012-08-29

    ... 61, San Juan, Puerto Rico Pursuant to its authority under the Foreign-Trade Zones Act of June 18... Order: Whereas, the Puerto Rico Trade and Export Company, grantee of Foreign-Trade Zone 61, submitted an application to the Board for authority to expand FTZ 61 to include a site in Aguadilla, Puerto Rico, adjacent...

  7. 77 FR 27021 - Foreign-Trade Zone 129-Bellingham, WA; Application for Reorganization Under Alternative Site...

    Science.gov (United States)

    2012-05-08

    ... FTZ 131 zone projects under FTZ 129. FTZ 130 was approved by the Board on September 4, 1986 (51 FR... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [(B-32-2012)] Foreign-Trade Zone 129--Bellingham... to the Foreign-Trade Zones (FTZ) Board (the Board) by the Port of Bellingham, grantee of FTZ 129...

  8. Exchange Rate Effects on International Commercial Trade Competitiveness

    Directory of Open Access Journals (Sweden)

    Ionel Bostan

    2018-04-01

    Full Text Available This study is meant to be an evaluation sustained by theoretical and empirical considerations of the exchange rate impact on international commercial trade competitiveness. In this respect, the study aims to find how the exchange rate influences Romanian competitiveness through assessing the effects generated on exports and imports. The main purpose of the study is to assess the complex action of the exchange rate on international commercial trade competitiveness in contemporaneity and the connections between these variables. The empirical part contains a regression analysis where exports and imports are dependent variables influenced by a series of determinants.

  9. 76 FR 73587 - Foreign-Trade Zone 183-Austin, Tx; Site Renumbering Notice

    Science.gov (United States)

    2011-11-29

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board Foreign-Trade Zone 183--Austin, Tx; Site... (Board Order 1366). FTZ 183 currently consists of 8 ``sites'' totaling some 2,818 acres in the Austin... Austin Enterprise Zone, located at Bolm Road and Gardner Road, Austin; Site 2 (50 acres)--Balcones...

  10. Methods of currency risk management in foreign trade

    Directory of Open Access Journals (Sweden)

    V.V. Ksendzuk

    2016-03-01

    Full Text Available Development of the country’s market national economy is closely connected with international economic relations. Therefore national business entities are actively involved in foreign trade, and their positive results influence not only on the status and income of owners, but form the economic potential of the country. The survey describes the main indicators of foreign trade and the impact of export and import transactions on economic development of Ukraine, particularly on the gross domestic income of the country. Taking into account also the negative trends in foreign currency exchange rates, the article considers the types of currency risks that accompany international transactions and identifies the limits of the usefulness of currency risk management methods. The methods of currency risk management are also systematized, the benefits of their use for the enterprise are considered and the status and readiness of Ukraine’s financial market to ensure appropriate conditions for the functioning of the currency risk management in domestic enterprises are analyzed.

  11. 76 FR 67406 - Approval for Expanded Manufacturing Authority; Foreign-Trade Subzone 158D Nissan North America...

    Science.gov (United States)

    2011-11-01

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1794] Approval for Expanded Manufacturing Authority; Foreign-Trade Subzone 158D Nissan North America, Inc.; (Motor Vehicles) Canton, MS...), the Foreign-Trade Zones Board (the Board) adopts the following Order. Whereas, Nissan North America...

  12. 75 FR 69398 - Foreign-Trade Zone 78-Nashville, TN; Application for Expansion

    Science.gov (United States)

    2010-11-12

    ... Company, 1800 Zinc Plant Road, Clarksville; and Proposed Site 12 (451.0 acres)--Gallatin Industrial Center..., TN; Application for Expansion An application has been submitted to the Foreign-Trade Zones Board (the... application was submitted pursuant to the provisions of the Foreign- Trade Zones Act, as amended (19 U.S.C...

  13. Intra-Industry Affiliate Trade of Foreign-Owned Companies in Transition Economies:

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

    2008-01-01

    Using a database containing trade and industry variables of foreign-owned companies in the Polish manufacturing industry for the years 1993-2002, we investigate the relationship between the organizational structure of multinational enterprises (MNE) in Poland and the intra-industry trade of their...... become a more important mode of organization for multinational enterprises as Poland has evolved into a relatively stable economic environment where MNEs feel comfortable basing their regional operations.......Using a database containing trade and industry variables of foreign-owned companies in the Polish manufacturing industry for the years 1993-2002, we investigate the relationship between the organizational structure of multinational enterprises (MNE) in Poland and the intra-industry trade...... of their affiliates (IIAT). We find labour intensity; scale economies and absorptive capacity of affiliates are the main explanatory variables for IIAT. Given the overall rise in export and import intensities of foreign affiliates over the period of investigation, our findings suggest that export-platform FDI has...

  14. 78 FR 56859 - Foreign-Trade Zone 267-Fargo, North Dakota; Authorization of Production Activity; CNH America...

    Science.gov (United States)

    2013-09-16

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-51-2013] Foreign-Trade Zone 267--Fargo, North Dakota; Authorization of Production Activity; CNH America, LLC, (Construction and Agricultural Equipment..., submitted a notification of proposed production activity to the Foreign-Trade Zones (FTZ) Board on behalf of...

  15. 75 FR 53637 - Foreign-Trade Zone 104-Savannah, GA; Application for Reorganization Under Alternative Site Framework

    Science.gov (United States)

    2010-09-01

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 51-2010] Foreign-Trade Zone 104--Savannah... to the Foreign-Trade Zones (FTZ) Board (the Board) by the Savannah Airport Commission, grantee of FTZ 104, requesting authority to reorganize the zone under the alternative site [[Page 53638

  16. 78 FR 65963 - Foreign-Trade Zone 277-Western Maricopa County, Arizona; Schoeller Arca Systems, Inc. (Plastic...

    Science.gov (United States)

    2013-11-04

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-64-2013] Foreign-Trade Zone 277--Western Maricopa County, Arizona; Schoeller Arca Systems, Inc. (Plastic Containers Production); Goodyear, Arizona On June 13, 2013, the Greater Maricopa Foreign Trade Zone, Inc., grantee of FTZ 277, submitted a...

  17. New Trends of E-commerce Development Brought by Chinese International Trade

    Institute of Scientific and Technical Information of China (English)

    Wen Xu

    2015-01-01

    e-commerce as a new trade, in the form of the current globalization of information and economic globalization, is with its strong competitive advantage and vitality, which can quickly spread to all areas of international business, and it changes in the international economic landscape had a profound impact. E-commerce is based on the rapid development of computer technology and the wide application is on the use of the Internet and advanced communications technology. It changes the the past, traditional physical trading and cash transactions, in a virtualization market, merchandise presentation via the web. With the online payment, the use of advanced materials and distribution logistics systems are for tangible and intangible commodities trading of a new trade. This new types of transactions overturn the traditional transaction methods, so that the whole business process, whether it is in the application of domestic and foreign trade, and has achieved the goal of online shopping and trading. E-commerce international trade transaction cost savings improve the efficiency of transactions; it changes in the foreign trade transaction process, the development of third-party trading platform is increasing the competitiveness of enterprises and the creation of employment opportunities in all aspects of a country' s foreign trade and the overall economy have had a significant impact. E-commerce is to establish a new economic and trade order, the already mature in the world trading system and the order is being re-shuffling of the emerging e-commerce trade. China is the world' s top-ranked in the world' s total import and export trade power, is under the wave of e-commerce, the difficulties, we should seize opportunities, and meet challenges.

  18. A Model for Trading the Foreign Exchange Market

    African Journals Online (AJOL)

    PROF. OLIVER OSUAGWA

    inflation rates, etc. have significant impacts on the exchange rate fluctuation. Existing foreign exchange ... Keywords: FOREX, marcov chain, model, neural network, trading robot. Introduction .... Support Vector Machine (SVM). Regression ...

  19. Globalization, Competitiveness, International Trade, Industrial Policy and Employement

    Directory of Open Access Journals (Sweden)

    Joaquín Novella

    1995-07-01

    Full Text Available Competitiveness is presented as a variable key in the present context of a worldwide economy and extends its influence over the international trade tendencies, industrial policies and employment.The variations which trade relations at international level have undergone throughout the second half of the twentieth century have been accompanied by successive theoretical contributions, which have evolved from the traditional theories of the nineteenth century concerning comparative advantages and which introduce more complex factors.The product cycle model expounded by Vernon offers an explanation for the continual flow of sectors at international level as well as the characteristics of the most adequate industrial policy and the commercial patterns of each State revealing the importance of technology, human capital and international marketing as key factors for international competitiveness.This article explains the appearance of news procedures of international competitiveness based on product diferentiation, quality and brand image which, nowadays, coexist with traditional models such as costs and prices reductions.At every stage of a country’s development, a sectorial production structure together with some specific demand characteristics, salary and productivity levels correspond to it. All these latter aspects are interelated and should be analysed all together. With globalization, the speed with which a product passes from one phase to another has accelerated as well as the time it travels from the central countries to those intermediate ones and from there successively to those in the South, in such a way that these sectorialswings in international trade should be considered as a normal effect of it. Competition via salary reductions and social security benefits is not the only nor the most recommendable solution given that, in the long term, it affects the quality of production and social stability degrading as it does the standard of

  20. 77 FR 17408 - Foreign-Trade Zone 151-Findlay, OH; Application for Reorganization Under Alternative Site Framework

    Science.gov (United States)

    2012-03-26

    ... to the Foreign-Trade Zones (FTZ) Board (the Board) by the Findlay/Hancock County Chamber of Commerce... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 20-2012] Foreign-Trade Zone 151--Findlay... Commerce, 1401 Constitution Avenue NW., Washington, DC 20230-0002, and in the ``Reading Room'' section of...

  1. Growth of the firm and foreign trade: Adrian Wood's theory revisited

    OpenAIRE

    Catermol, Fabrício

    2006-01-01

    This paper analyzes the growth of the firm by foreign trade. The theory of Adrian Wood is revisited for the analysis of growth and profit trade-off and improved to cope with growth by exports. The main outcome of this paper is that low domestic demand can be a very important factor to firm choices growth by foreign market. However, the growth of domestic demand does not necessarily reduce exports.

  2. CONSIDERATIONS ON THE EVOLUTION OF ROMANIAN FOREIGN TRADE UNDER THE IMPACT OF ECONOMIC CRISIS

    Directory of Open Access Journals (Sweden)

    DOBROTĂ GABRIELA

    2011-12-01

    Full Text Available The foreign trade represent the engine of renewal of productive structures of developed countries and the essential vector for the development of newly industrialized nations as countries that can not be considered as belonging to the developing countries, mainly due to exports development. Nobody doubts the need for foreign trade and its possible beneficial effects for the economy of a country, which is supported by John Stuart Mill classical economist, who said that "openness to foreign trade ... is sometimes the effect of an industrial revolution as a country whose resources are poor" This paper analyses, on the one side, the importance of foreign trade and his evolution in 2001– 2010 period, and, on the other side, the consequences of the economic crisis on it. The period under review includes the last years of economic growth in Romania and the first years of actual economic crisis., because the global economic crisis is reflected strongly in the evolution of Romania's foreign trade, which in February 2009, has seen a veritable collapse over the same period of the previous year.

  3. 77 FR 24459 - Voluntary Termination of Foreign-Trade Subzone 9D, Maui Pineapple Company, Ltd., Kahului, Maui, HI

    Science.gov (United States)

    2012-04-24

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1821] Voluntary Termination of Foreign-Trade Subzone 9D, Maui Pineapple Company, Ltd., Kahului, Maui, HI Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), and the Foreign-Trade Zones...

  4. 76 FR 66034 - Proposed Foreign-Trade Zone-Ada and Canyon Counties, ID, Under Alternative Site Framework...

    Science.gov (United States)

    2011-10-25

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 65-2011] Proposed Foreign-Trade Zone--Ada... establish a general-purpose foreign-trade zone at sites in Ada and Canyon Counties, Idaho, adjacent to the... proposed service area under the ASF would be Ada and Canyon Counties, Idaho. If approved, the applicant...

  5. 77 FR 75609 - Approval for Manufacturing Authority; Foreign-Trade Zone 277; Suntech Arizona, Inc. (Solar Panel...

    Science.gov (United States)

    2012-12-21

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1873] Approval for Manufacturing Authority; Foreign-Trade Zone 277; Suntech Arizona, Inc. (Solar Panel Manufacturing); Goodyear, AZ Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u...

  6. Trading price jump clusters in foreign exchange markets

    Czech Academy of Sciences Publication Activity Database

    Novotný, Jan; Petrov, D.; Urga, G.

    2015-01-01

    Roč. 24, June (2015), s. 66-92 ISSN 1386-4181 Institutional support: PRVOUK-P23 Keywords : price jumps * foreign exchange markets * trading Subject RIV: AH - Economics Impact factor: 1.726, year: 2015

  7. An Information-Based Trade Off between Foreign Direct Investment and Foreign Portfolio Investment

    OpenAIRE

    Itay Goldstein; Assaf Razin

    2005-01-01

    The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments (FPI).The model describes an information-based trade off between direct investments and portfolio investments. Direct investors are more informed about the fundamentals of their projects. This information enables them to manage their projects more efficiently. However, it also creates an asymmetric-information problem in case they need to sell their projects prematurely, and reduces the price they...

  8. An analysis of Central America and Eastern Europe Revealed Comparative Advantages

    Directory of Open Access Journals (Sweden)

    Mauricio Garita Gutierrez

    2014-03-01

    Full Text Available Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0pt 5.4pt 0pt 5.4pt; mso-para-margin:0pt; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} The present study applies the revealed comparative advantages through the Balassa Index to determine the comparative advantages, disadvantages, and intra-product commerce tendencies between Central America and Eastern Europe with the purpose of determining the possibility of a free trade agreement for Central America. The approach of the study is through the connection between the European Economic Union and the Central American Common market, which shares a common background and relates them to research of Bela Balassa (1965 to determine how commerce between Central America and Eastern Europe has performed and the possibilities of growth that this commerce has through a free trade agreement. The study demonstrates the importance of analyzing competitive advantages. This paper presents the difference in competitive advantage between Eastern Europe and Central American establishing the benefits when negotiating a free trade agreement between both economic blocks. Therefore, analyzing and negotiating between products of competitive advantages may lead to a more sustainable economic growth.

  9. Trade in the Pacific Rim.

    Science.gov (United States)

    Dollar, David

    1988-01-01

    States that international trade is a prime factor linking the Pacific Rim nations. Discusses the differences in each nation's productive factors (land, labor, capital) and examines the emerging technological competition. Concludes that if U.S. firms cannot meet the challenge of foreign competition, then protectionism might limit further economic…

  10. 10 CFR 603.875 - Foreign access to technology and U.S. competitiveness provisions.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 4 2010-01-01 2010-01-01 false Foreign access to technology and U.S. competitiveness... Foreign access to technology and U.S. competitiveness provisions. (a) Consistent with the objective of enhancing national security and United States competitiveness by increasing the public's reliance on the...

  11. Monopolistic competition and international trade theory

    OpenAIRE

    Neary, J. Peter

    2000-01-01

    Almost twenty-five years after the appearance of Dixit and Stiglitz’s paper on monopolistic competition and optimum product diversity, I try to take stock of the progres which has been made in applying their approach to international trade theory. I review the principal applications to trade theory and present a new one: by embedding DS preferences in a specific-factors framework, I sketch a model which shows how multinational corporations can emerge even between countries with similar factor...

  12. 75 FR 17692 - Foreign-Trade Zone 82; Application for Subzone Authority; ThyssenKrupp Steel and Stainless USA...

    Science.gov (United States)

    2010-04-07

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 51-2008] Foreign-Trade Zone 82..., many existing facilities are ``mini-mills'' and have less integration at a single site. Product may... addressed to the Board's Executive Secretary at: Foreign-Trade Zones Board, U.S. Department of Commerce...

  13. Technology Transfer, Foreign Direct Investment and International Trade

    OpenAIRE

    Leonard K. Cheng

    2000-01-01

    By developing a Ricardian trade model that features technology transfer via foreign direct investment (FDI), we show that technology transfer via multinational enterprises (MNEs) increases world output and trade in goods and services. When there are many goods a continuous reduction in the cost of technology transfer will cause increasingly more technologically advanced goods to go through the product cycle, i.e., goods initially produced in the advanced North are later produced in the backwa...

  14. COMPETITIVE POSITION OF THE MAIN PRODUCERS AND EXPORTERS OF OILSEEDS AND VEGETABLE OILS IN THE INTRA-EU TRADE

    Directory of Open Access Journals (Sweden)

    Karolina Pawlak

    2014-09-01

    Full Text Available The aim of the paper was to assess the competitive position of the main producers and exporters of oilseeds and vegetable oils in the intra-EU trade in 2004 and 2012. The competitiveness was assessed with the use of a selected set of quantitative measures of international competitive position. Moreover, some shares of the analysed countries in the intra-EU trade, as well as relative export intensity of oilseeds and vegetable oils in these countries were estimated. On the basis of the conducted analyses it is possible to conclude that apart from Germany in trade in rapeseed and soya beans, as well as the Netherlands in trade in rapeseed and sunflower-seed, the main producers and exporters of oilseeds were competitive on the Single European Market. Excluding soya-bean oil produced in the EU mainly from imported raw material, competitive advantage of most of the countries decreased together with the level of processing and was lower in trade in vegetable oils.

  15. 77 FR 68102 - Foreign-Trade Zone 163-Ponce, PR; Application for Subzone; Zimmer Manufacturing BV; Ponce, PR

    Science.gov (United States)

    2012-11-15

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-81-2012] Foreign-Trade Zone 163--Ponce, PR; Application for Subzone; Zimmer Manufacturing BV; Ponce, PR An application has been submitted to the Foreign-Trade Zones Board (the Board) by CODEZOL, C.D., grantee of FTZ 163, requesting special- purpose subzone...

  16. 75 FR 4344 - Foreign-Trade Zone 50-Long Beach, California Application for Subzone Allegro Mfg. Inc. (Cosmetic...

    Science.gov (United States)

    2010-01-27

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 6-2010] Foreign-Trade Zone 50--Long Beach, California Application for Subzone Allegro Mfg. Inc. (Cosmetic, Organizer and Electronic Bags and Accessories) Commerce, CA An application has been submitted to the Foreign-Trade Zones Board (the Board) by the Port of...

  17. Enhancing Efficiency of Water Supply – Product Market Competition versus Trade

    OpenAIRE

    Reto Foellmi; Urs Meister

    2004-01-01

    This paper analyses and compares potential efficiency gains induced by the introduction of product market competition and cross boarder trade in the piped water market. We argue that due to the specific circumstances in the water sector product market competition, i.e. competition by common carriage is not expected to be very intensive. The connection of networks could alternatively be used for cross boarder trade between neighboured water utilities. We show that competition by common carriag...

  18. The cost-of-living index with trade barriers

    OpenAIRE

    Thomas von Brasch

    2013-01-01

    The standard cost-of-living index hinges on the assumption that there is free trade. Applying it to situations where trade barriers are present yields biased results with respect to a true cost-of-living index. Import price indices are particularly vulnerable to this bias since many of the goods included in these indices are characterised by either explicit or implicit trade barriers. In this article I generalise the cost-of-living index to also allow for barriers to trade in the form of quan...

  19. 75 FR 30372 - Foreign-Trade Zone 196 Temporary/Interim Manufacturing Authority ATC Logistics & Electronics...

    Science.gov (United States)

    2010-06-01

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket T-2-2010] Foreign-Trade Zone 196 Temporary/Interim Manufacturing Authority ATC Logistics & Electronics (Cell Phone Kitting and Distribution... filed an application submitted by the ATC Logistics & Electronics, operator of Site 2, FTZ 196...

  20. 78 FR 23220 - Foreign-Trade Zone 22-Chicago, Illinois, Authorization of Production Activity, Abbott...

    Science.gov (United States)

    2013-04-18

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-91-2012] Foreign-Trade Zone 22--Chicago, Illinois, Authorization of Production Activity, Abbott Laboratories, Inc., AbbVie, Inc. (Pharmaceutical Production), North Chicago, Illinois, Area On December 14, 2012, Abbott Laboratories, Inc., and AbbVie, Inc...

  1. An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey

    International Nuclear Information System (INIS)

    Halicioglu, Ferda

    2009-01-01

    This study attempts to empirically examine the dynamic causal relationships between carbon emissions, energy consumption, income, and foreign trade in the case of Turkey using the time-series data for the period 1960-2005. This research tests the interrelationship between the variables using the bounds testing to cointegration procedure. The bounds test results indicate that there exist two forms of long-run relationships between the variables. In the case of first form of long-run relationship, carbon emissions are determined by energy consumption, income and foreign trade. In the case of second long-run relationship, income is determined by carbon emissions, energy consumption and foreign trade. An augmented form of Granger causality analysis is conducted amongst the variables. The long-run relationship of CO 2 emissions, energy consumption, income and foreign trade equation is also checked for the parameter stability. The empirical results suggest that income is the most significant variable in explaining the carbon emissions in Turkey which is followed by energy consumption and foreign trade. Moreover, there exists a stable carbon emissions function. The results also provide important policy recommendations. (author)

  2. 77 FR 28569 - Foreign-Trade Zone 92-Gulfport, MS Notification of Proposed Production Activity; Gulf Ship, LLC...

    Science.gov (United States)

    2012-05-15

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-36-2012] Foreign-Trade Zone 92--Gulfport, MS Notification of Proposed Production Activity; Gulf Ship, LLC, (Shipbuilding), Gulfport, MS The Mississippi Coast Foreign-Trade Zone, Inc., grantee of FTZ 92, submitted a notification of proposed production activity on behalf of Gulf Ship, LLC (Gulf...

  3. 75 FR 29722 - Foreign-Trade Zone 18-San Jose, CA; Application for Subzone; Lam Research Corporation (Wafer...

    Science.gov (United States)

    2010-05-27

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 36-2010] Foreign-Trade Zone 18--San Jose, CA; Application for Subzone; Lam Research Corporation (Wafer Fabrication Equipment Manufacturing); Fremont, Newark, and Livermore, CA An application has been submitted to the Foreign-Trade Zones Board (the Board) by the City of San Jose, grantee of...

  4. 26 CFR 1.924(a)-1T - Temporary regulations; definition of foreign trading gross receipts.

    Science.gov (United States)

    2010-04-01

    ... trading gross receipts. 1.924(a)-1T Section 1.924(a)-1T Internal Revenue INTERNAL REVENUE SERVICE... United States § 1.924(a)-1T Temporary regulations; definition of foreign trading gross receipts. (a) In general. The term “foreign trading gross receipts” means any of the five amounts described in paragraphs...

  5. 78 FR 68814 - Foreign-Trade Zone 32-Miami, Florida, Authorization of Production Activity, Brightstar...

    Science.gov (United States)

    2013-11-15

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-68-2013] Foreign-Trade Zone 32--Miami, Florida, Authorization of Production Activity, Brightstar Corporation (Cell Phone Kitting), Miami, Florida On June 26, 2013, The Greater Miami Chamber of Commerce, grantee of FTZ 32, submitted a notification of proposed...

  6. The geography of openness to foreign trade in Poland: The role of special economic zones and foreign-owned entities

    Directory of Open Access Journals (Sweden)

    Nazarczuk Jarosław M.

    2018-03-01

    Full Text Available The aim of this paper is to present the spatial distribution of openness to foreign trade assessed at the local level (LAU 1, poviats in Poland, between 2005 and 2012, with particular reference to its two determinants: activity of foreign-owned enterprises (FOEs and functioning of special economic zones (SEZs. With the use of data from different sources, including the foreign trade statistics for the Polish regions, constituting a set of indicators on openness to foreign trade, we deliberate on the determinants and the character of regional openness, as well as the quality of the proxies used in order to assess their spatial distribution. Our results indicate high regional dissimilarities in terms of export activity, correlated with the broader picture of regional inequalities. The role of FOEs has been crucial in determining the spatial distribution of exports. As regards the SEZs, their sole contribution increased significantly during the time span. In the times of the world financial crisis, the export performance diversity of poviats increased temporarily but diminished afterwards.

  7. Trading price jump clusters in foreign exchange markets

    Czech Academy of Sciences Publication Activity Database

    Novotný, Jan; Petrov, D.; Urga, G.

    2015-01-01

    Roč. 24, June (2015), s. 66-92 ISSN 1386-4181 R&D Projects: GA ČR(CZ) GA14-27047S Institutional support: RVO:67985998 Keywords : price jumps * foreign exchange markets * trading Subject RIV: AH - Economics Impact factor: 1.726, year: 2015

  8. Competitiveness and Exports Sustainability of the Indonesian Natural Rubber

    Directory of Open Access Journals (Sweden)

    Rumbiati Kamaludin

    2018-03-01

    Full Text Available This paper examines Indonesian competitiveness in export of natural rubber commodities by employing set of revealed comparative advantage (RCA and Export competitive index (ECI with respect to global trade. The market structure that is formed on natural rubber commodities is calculated using Herfindahl Index and Concentration Ratio analysis tools shows the oligopoly-shaped market structure. Calculation of comparative advantage with RCA analysis shows that the four countries exporting natural rubber, namely Thailand, Indonesia, Malaysia and Vietnam each have a comparative advantage. Where Indonesia has a better comparative advantage than Thailand in the period 2011 to 2015. This result is different from the calculations made on competitive advantage (ECI in which Indonesia's natural rubber commodities are not more competitive than Thailand

  9. The textile and clothing industry in the Danube region countries: Comparative advantages

    Directory of Open Access Journals (Sweden)

    Ignjatijević Svetlana

    2016-01-01

    Full Text Available The subject of this study is the analysis of comparative advantages of international export in the TC (textile and clothing industry of the Danube region countries with a special focus on Serbia. The aim of this study is to analyze the comparative advantage and suggest possible economic and legal measures to strengthen export. This study observed export per capita and participation of TC industry export, and measured the comparative advantage and specialization of the Danube region countries in the period between 2005 and 2013. In the course of research, we used the Balassa (RCA and Lafay (LFI indexes of comparative advantage, and the GL index and RUV index of horizontal and vertical specialization in intra-industry exchange. The research has revealed positive comparative advantage in the export of the textile industry in the Czech Republic, Germany and Slovenia. In the clothing industry export, positive comparative advantage was revealed in the cases of: Bulgaria, Hungary, Moldova, Romania, Slovakia and Serbia. The research has shown a positive comparative advantage of the TC industry sector in Serbia. The results of our research into the TC industry reveal the existence of correlation between comparative advantage and intra-industry specialization in international trade.

  10. International competition in vertically differentiated markets with innovation and imitation: trade policy versus free trade

    Czech Academy of Sciences Publication Activity Database

    Kováč, Eugen; Žigić, Krešimir

    2014-01-01

    Roč. 81, č. 323 (2014), s. 491-521 ISSN 0013-0427 Institutional support: RVO:67985998 Keywords : model of price competition * trade policy * free trade Subject RIV: AH - Economics Impact factor: 1.045, year: 2014

  11. 78 FR 16465 - Foreign-Trade Zone 7-Mayaguez, Puerto Rico, Authorization of Production Activity, Pepsi Cola...

    Science.gov (United States)

    2013-03-15

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-84-2012] Foreign-Trade Zone 7--Mayaguez, Puerto Rico, Authorization of Production Activity, Pepsi Cola Puerto Rico Distributing, LLC (Soft Drink...-Trade Zones (FTZ) Board on behalf of Pepsi Cola Puerto Rico Distributing, LLC, in Toa Baja, Puerto Rico...

  12. 78 FR 67927 - Foreign Trade Regulations (FTR): Mandatory Automated Export System Filing for All Shipments...

    Science.gov (United States)

    2013-11-13

    ... Internet at [email protected] ). FOR FURTHER INFORMATION CONTACT: Nick Orsini, Chief, Foreign Trade Division... 0607-AA50 Foreign Trade Regulations (FTR): Mandatory Automated Export System Filing for All Shipments... approval of new information collection requirements. [[Page 67928

  13. 77 FR 75145 - Foreign-Trade Zone 61-San Juan, Puerto Rico; Application for Subzone; Sea World, Inc.; Guaynabo, PR

    Science.gov (United States)

    2012-12-19

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [S-138-2012] Foreign-Trade Zone 61--San Juan, Puerto Rico; Application for Subzone; Sea World, Inc.; Guaynabo, PR An application has been submitted to the Foreign-Trade Zones Board (the Board) by the Puerto Rico Trade & Export Company, grantee of FTZ 61...

  14. International competition in vertically differentiated markets with innovation and imitation: trade policy versus free trade

    Czech Academy of Sciences Publication Activity Database

    Kováč, E.; Žigić, Krešimir

    2014-01-01

    Roč. 81, č. 323 (2014), s. 491-521 ISSN 0013-0427 Institutional support: PRVOUK-P23 Keywords : model of price competition * trade policy * free trade Subject RIV: AH - Economics Impact factor: 1.045, year: 2014

  15. Analyzing the international competitiveness of the industry in Portugal, Ireland, Greece and Spain using revealed comparative advantages (RCA) indicators

    OpenAIRE

    Oelgemöller, Jens

    2012-01-01

    This paper sheds light on the export structure of the four European countries Portugal, Ireland, Greece and Spain, the so called PIGS countries. These countries were all hit by the economic downturn in the course of the financial crisis and have been struggling with the national debt crisis and recession. One way to identify sectoral international competitiveness is provided by the revealed comparative advantage index developed by Balassa (RCA 1). This indicator evolved through several studie...

  16. The Influences of the Exchange Rate on the Performance of Romanian Trade

    Directory of Open Access Journals (Sweden)

    Gabriela Dobrotă

    2016-01-01

    Full Text Available The unprecedented development of international trade relations has generated the possibility of obtaining a significant part of the GDP of the participating countries in foreign trade. As a result, the issue of competitiveness in international economy has become a major concern to authorities. In the category of factors which are influencing the competitiveness level is registered the volatility of the exchange rate. In this paper there were analyzed the aspects regarding the evolution of Romania's foreign trade and exchange rate, in the context of monetary policy measures. The conclusion is that the development plan of the national economy is determined by the action of a complex of economic, social and political factors, but measures taken by the monetary authorities in relation to the regime of exchange may generate visible effects at this level and thus to the volume of foreign trade relations.

  17. 77 FR 26737 - Foreign-Trade Zone 235-Lakewood, NJ: Notification of Proposed Production Activity; Cosmetic...

    Science.gov (United States)

    2012-05-07

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-31-2012] Foreign-Trade Zone 235--Lakewood, NJ: Notification of Proposed Production Activity; Cosmetic Essence Innovations, LLC (Fragrance Bottling); Holmdel, NJ Cosmetic Essence Innovations, LLC (CEI) has submitted a notification of proposed production...

  18. Environmental regulation and competitiveness. A meta-analysis of international trade studies

    International Nuclear Information System (INIS)

    Mulatu, A.; Florax, R.J.G.M.; Withagen, C.A.A.M.

    2001-01-01

    The potential relationship between domestic environmental regulation and international competitiveness has evoked various speculations. The common neoclassical train of thought is that strict environmental regulation is detrimental to the competitiveness of industry, and that it induces phenomena such as ecological dumping, ecological capital flight, and regulatory 'chill' in environmental standards. A different view is that strict environmental regulation triggers industry's innovation potential, and subsequently increases its competitiveness. The impact of environmental regulation on competitiveness has been analyzed in terms of international capital movements, new firm formation, and international trade. This paper focuses on a statistically rigorous analysis of international trade studies, using a technique that is known as meta-analysis. The paper presents a statistically supported evaluation of the literature, in order to assess what the main conclusions regarding the relationship between environmental regulation and competitiveness are when it comes to studies on international trade flows. The synthesis of the literature is subsequently used to present guidelines for future primary research in this area

  19. 75 FR 13484 - Foreign-Trade Zone 22; Temporary/Interim Manufacturing Authority; LG Electronics Mobilecomm USA...

    Science.gov (United States)

    2010-03-22

    ... DEPARTMENT OF COMMERCE [Docket T-1-2010] Foreign-Trade Zones Board Foreign-Trade Zone 22; Temporary/Interim Manufacturing Authority; LG Electronics Mobilecomm USA, Inc. (Cell Phones); Notice of.../ interim manufacturing (T/IM) authority, on behalf of LG Electronics Mobilecomm USA, Inc. (LGEMU), to...

  20. 77 FR 55455 - Foreign-Trade Zone 235-Lakewood, NJ, Authorization of Production Activity, Cosmetic Essence...

    Science.gov (United States)

    2012-09-10

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-31-2012] Foreign-Trade Zone 235--Lakewood, NJ, Authorization of Production Activity, Cosmetic Essence Innovations, LLC, (Fragrance Bottling), Holmdel, NJ Cosmetic Essence Innovations, LLC (CEI) submitted a notification of proposed production activity to the...

  1. 78 FR 57838 - Foreign-Trade Zone (FTZ) 21-Dorchester County, South Carolina, Authorization of Production...

    Science.gov (United States)

    2013-09-20

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-57-2013] Foreign-Trade Zone (FTZ) 21--Dorchester County, South Carolina, Authorization of Production Activity, AGFA Materials Corporation, (Photographic Film Cutting), Goose Creek, South Carolina On May 17, 2013, the South Carolina State Ports...

  2. 78 FR 16247 - Foreign-Trade Zone 38-Spartanburg County, South Carolina; Authorization of Production Activity...

    Science.gov (United States)

    2013-03-14

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-86-2012] Foreign-Trade Zone 38--Spartanburg County, South Carolina; Authorization of Production Activity; ZF Transmissions Gray Court, LLC (Automatic Transmissions); Gray Court, South Carolina On November 8, 2012, the South Carolina State Ports Authority...

  3. 78 FR 17635 - Foreign-Trade Zone 93-Raleigh-Durham, North Carolina; Notification of Proposed Production...

    Science.gov (United States)

    2013-03-22

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-23-2013] Foreign-Trade Zone 93--Raleigh-Durham, North Carolina; Notification of Proposed Production Activity; Southern Lithoplate, Inc. (Aluminum Printing Plates); Youngsville, North Carolina The Triangle J Council of Governments grantee of FTZ 93...

  4. 78 FR 34639 - Foreign-Trade Zone (FTZ) 21-Dorchester County, South Carolina; Notification of Proposed...

    Science.gov (United States)

    2013-06-10

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-57-2013] Foreign-Trade Zone (FTZ) 21--Dorchester County, South Carolina; Notification of Proposed Production Activity; AGFA Materials Corporation (Photographic Film Cutting); Goose Creek, South Carolina The South Carolina State Ports Authority, grantee of...

  5. 78 FR 43141 - Foreign-Trade Zone 93-Raleigh-Durham, North Carolina, Authorization of Production Activity...

    Science.gov (United States)

    2013-07-19

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-23-2013] Foreign-Trade Zone 93--Raleigh-Durham, North Carolina, Authorization of Production Activity, Southern Lithoplate, Inc. (Aluminum Printing Plates), Youngsville, North Carolina On March 18, 2013, the Triangle J Council of Governments, grantee of...

  6. Turkey’s Foreign Trade as a Driver of Economic Development

    Directory of Open Access Journals (Sweden)

    Nigyar R. Masumova

    2016-01-01

    Full Text Available Turkey now is a regional leader due to economic success story of the past decade, changes in the economy's structure and dynamic. Since 1980th foreign trade has become the main driver of the economic growth. Due to liberalization policy Turkey was able to overcome the system crisis. The negative economic trends had contributed to the political instability. That's why it will be interesting to highlight some aspects of Turkish foreign trade policy, which influence the value, geographical and product orientation of foreign trade. Negative balance of trade is the result of its oil import dependence. But the export of goods with more value added has the trend to growth - 30% of exports come to machineries and transport equipments. After the collapse of the USSR Turkish-Russian economic relationship was facing revival. Trade and investment cooperation was developing rapidly. But the conflict of interest during the war in Syria led to growing differences between Russia and Turkey. 24th of November 2015 became a turning point for the Russian-Turkish relations, when Turkish fighter jet F-16 shot down a Russian military jet along the Syrian border. This tragedy had serious consequences for the bilateral economic relations. Huge investment pipeline project "Turkish stream" is freezed, the work of intergovernmental authorities is stopped, certain agricultural goods originated from Turkey is banned to the territory of the Russian Federation. Russia also suspended the visa-free regime for Turkish citizens, all charter flights to Turkey are prohibited. Nevertheless economic sanctions inevitable affect both the Turkish and Russian economies, but Russia is still one of the main partners of Turkey.

  7. The competitiveness of wood processing industry in the Republic of Serbia during the period 1995-2015

    Directory of Open Access Journals (Sweden)

    Milićević Srđan

    2017-01-01

    Full Text Available The paper considers the competitiveness of wood processing industry in the Republic of Serbia in the period 1995-2015 by using six partial indicators of competitiveness: Revealed comparative advantage (RCA, Competitiveness growth index (RCA1, Index of net business performance (RCA2, Index of contribution to the trade balance (CTB, Grubel-Lloyd index (GLI and Michaely index (MI. The research reveals that the values of RCA were positive in all years, which points to comparative advantage of wood processing industry on the domestic market. Since RCA1 has significantly higher value than one, it means that it is highly competitive on international market as well. Positive values of RCA2 in the period 1995-2015 speak of the contribution of this branch to international economic balance. The indicator RCA2 is connected with the CTB index, which points to the contribution of the sector in formation of active national trade balance and economic growth. The average value of CTB index of wood processing industry in Serbia and positive annual values of CTB of wood processing industry show that the contribution in the total trade balance of the sector is positive. The course of GLI values points to the loss of capabilities of the sector to create the surplus of national trade balance. Finally, positive annual values of MI confirmed the competitiveness of domestic wood processing industry, but at the same time its low specialisation. Taken as a whole, the weakness of competitiveness of wood processing industry in Serbia can be seen in the fact that its competitive advantage is visible in its favourable price, not in manufacturing complex products with high value added. The aim of the paper is to investigate whether Serbian wood processing industry has comparative precedence on domestic and international markets and whether the structure of exchange is positive, i.e. whether appropriate specialisation of production and export exists or the focus should shift

  8. Impacts of the EU emissions trading scheme on the industrial competitiveness in Germany

    Energy Technology Data Exchange (ETDEWEB)

    Graichen, Verena; Schumacher, Katja; Matthes, Felix C.; Mohr, Lennart [Oeko Institut e.V., Berlin (Germany); Duscha, Vicky; Schleich, Joachim [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); Diekmann, Jochen [DIW, Berlin (Germany)

    2008-09-15

    The authors of the contribution under consideration present a discussion of methods, and provide empirical results for the analysis of effects of the EU Emissions Trading Scheme on product costs and subsequent impacts on international competitiveness. The discussion shows that the combination of intensity of trade indicators and value at stake indicators reveals meaningful results that allow assessing the potential for distortion in competitiveness by the EU Emissions Trading Schemes. The analysis of trade intensities and value at stake showed that a small number of sectors may in fact be exposed to distortions in competitiveness due to both high trade intensity and high value at stake. For Germany, these include 'basic iron and steel', 'fertilizers and nitrogen compounds', 'paper and paperboard', 'aluminium and aluminium products' and 'other basic inorganic chemicals'. A number of other sectors reveal a high intensity of trade but low value at stake which implies that the increase in product costs due to the EU Emissions Trading Scheme is relatively small and negative effects on competitiveness may not be likely. For the sectors that reveal high values at stake and high trade intensities, market positions are likely to change under the EU Emissions Trading system due to increased production costs and high exposure to international competition. When deciding on which sectors are highly exposed to possible distortions in competitiveness and which measures should be implemented to address competitiveness and leakage it should be kept in mind that CO{sub 2} costs are only one of multiple factors affecting companies' production and investment decisions. Other factors that may deserve detailed investigation include product differentiation and market segmentation within a sector (including specialty products), close cooperation with domestic/European partners and intrafirm trade, differences across countries in the

  9. 75 FR 4343 - Foreign-Trade Zone 22-Chicago, IL; Application for Manufacturing Authority; LG Electronics...

    Science.gov (United States)

    2010-01-27

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 3-2010] Foreign-Trade Zone 22--Chicago, IL; Application for Manufacturing Authority; LG Electronics MobileComm USA, Inc. (Cell Phone Kitting... authority on behalf of LG Electronics MobileComm USA, Inc. (LGEMU), located in Bolingbrook, Illinois. The...

  10. 75 FR 64248 - Approval for Manufacturing Authority Foreign-Trade Zone 196 ATC Logistics & Electronics (Cell...

    Science.gov (United States)

    2010-10-19

    ... Authority Foreign-Trade Zone 196 ATC Logistics & Electronics (Cell Phone Kitting) Fort Worth, TX Pursuant to... Foreign-Trade Zones Board (the Board) adopts the following Order: Whereas, ATC Logistics & Electronics... Logistics & Electronics, as described in the application and Federal Register notice, is approved, subject...

  11. 78 FR 36523 - Foreign-Trade Zone 84-Houston, Texas; Authorization of Production Activity; Toshiba International...

    Science.gov (United States)

    2013-06-18

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-17-2013] Foreign-Trade Zone 84--Houston, Texas; Authorization of Production Activity; Toshiba International Corporation; (Hybrid Electric Vehicle Motors and Generators Production); Houston, Texas On February 11, 2013, the Port of Houston Authority, grantee of FTZ 84...

  12. 77 FR 34935 - Foreign-Trade Zone 161; Temporary/Interim Manufacturing Authority; Siemens Energy, Inc., (Wind...

    Science.gov (United States)

    2012-06-12

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket T-4-2012] Foreign-Trade Zone 161; Temporary/Interim Manufacturing Authority; Siemens Energy, Inc., (Wind Turbine Nacelles and Hubs); Notice of... temporary/interim manufacturing (T/IM) authority, on behalf of Siemens Energy, Inc., to manufacture wind...

  13. Avrupa Birliği Sürecinde Türk İmalat Sanayi Dış Ticaretinin Rekabet Gücü:1989-2009 Dönemi VAR Analizi(Turkish Manufacturing Industry’s Foreign Trade Competitive Power in the EU Accession Process: A VAR Analysis of 1989-2009 Period

    Directory of Open Access Journals (Sweden)

    M. Hakan YALÇINKAYA

    2009-01-01

    Full Text Available The fundamental macro factors that have come to affect globalization are inclusive of intensifying internationalization of political economic and cultural relations among countries, reciprocal interaction of different cultures and social structures and the disappearances of different walls created by the Cold War, respectively.In the making of globalization, no one can underestimate the impact of technological progress and competitive and outward-oriented foreign trade policy strategies. In both the developing and developed countries, foreign trade policies and fiscal policies, in general , economic policies have formed the very basis of globalization. Among such unions, stands the most important one as the European UnionThe vantage point in the integration of Turkish economy to the EU has been the Customs Union. By means of this legal settlement, a variety of differentiations have been experienced and currency policies’ functionality have gained importance.

  14. Trade Costs and Location of Foreign Firms in China

    OpenAIRE

    International Monetary Fund

    2005-01-01

    This study examines the determinants of entry into by foreign firms, using information on 515 Chinese industries at the provincial level during 1998-2001. The analysis, rooted in the new economic geography, focuses on market and supplier access within and outside the province of entry, as well as production and trade costs. The results indicate that market and supplier access are the most important factors affecting foreign entry. Access to markets and suppliers in the province of entry matte...

  15. 78 FR 15682 - Foreign-Trade Zone 84-Houston, Texas, Authorization of Production Activit, Mitsubishi Caterpillar...

    Science.gov (United States)

    2013-03-12

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-88-2012] Foreign-Trade Zone 84--Houston, Texas, Authorization of Production Activit, Mitsubishi Caterpillar Forklift America Inc. (Forklift Trucks), Houston, TX On November 2, 2012, the Port of Houston Authority, grantee of FTZ 84, submitted a notification of...

  16. INTERNATIONAL TRADE OF ROMANIA IN THE CONTEXT OF ITS LOW ECONOMIC POTENTIAL

    Directory of Open Access Journals (Sweden)

    Ionel BOSTAN

    2016-12-01

    Full Text Available The study provides a view on Romanian economy in terms of its competitiveness and potential for sustaining an efficient foreign trade. After reviewing literature and the reports of prestigious institutions and bodies in the area, the author presents several elements providing an accurate image on current quantitative and qualitative parameters of Romanian foreign trade, the internal and foreign processes influencing it and its main trends. The theoretical, legislative and institutional background of the paper was developed earlier by the author in his monograph - "The legal and financial regime applicable to international foreign trade" published in 2008 by ArtPress Publishing House after Romania joined the European Union. In this study, however, the focus is placed on major changes that have occurred in Romania’s foreign trade after it joined the European structures.

  17. Multiscale Analysis of Foreign Exchange Order Flows and Technical Trading Profitability

    OpenAIRE

    Nikola Gradojevic; Camillo Lento

    2012-01-01

    This paper investigates the multiscale (frequency-dependent) relationship between technical trading profitability and feedback trading effects in the Canada/U.S. dollar foreign exchange market. The results suggest weak evidence that technical trading activities of financial and non-financial customers drive frequent violations of the FX market microstructure assumption that exchange rate movements are driven by order flow. After controlling for transaction costs, we find that the contribution...

  18. Major Problems and Countermeasures of Foreign Trade in China under the Background of Expanding Domestic Demand

    OpenAIRE

    Ruan, Wei-tong; Li, Yu-hong

    2010-01-01

    Starting from China's macro-economic policy level and combining with the status of foreign trade in China, major problems in the development of foreign trade are analyzed under the background of expanding domestic demand, which is guided by the macro-economy, international finance, international trade and other related disciplines. Problems are mainly the inflation, the reduction of import, the trade protection, the increase in export costs, the reduction of export, the scale shrinkage of for...

  19. The Home-based Advantages and a Hierarchy of Location Advantages: Foreign and British-owned Firms in the London Wholesale Insurance Market

    OpenAIRE

    Lilach Nachum

    2003-01-01

    This study seeks to explain why, in some cases, locationally advantageous countries attract foreign firms, who develop dominant competitive positions in the market, rather than facilitate the development of internationally competitive national firms, as theory suggests. Comparative analyses of samples of foreign and British-owned insurance firms in the London wholesale insurance market are used to establish a hierarchy of location advantages in terms of their competitive importance. It is sho...

  20. The effect of counter-trading on competition in electricity markets

    NARCIS (Netherlands)

    Dijk, J.J.; Willems, B.

    2011-01-01

    In a competitive electricity market, nodal pricing is the most efficient way to manage congestion. Counter-trading is inefficient as it gives the wrong long term signals for entry and exit of power plants. However, in a non-competitive market, additional entry will improve the competitiveness of the

  1. Environmental regulation and competitiveness. A meta-analysis of international trade studies

    Energy Technology Data Exchange (ETDEWEB)

    Mulatu, A.; Florax, R.J.G.M. [Department of Spatial Economics, Master-point and Tinbergen Institute, Vrije Universiteit, Amsterdam (Netherlands); Withagen, C.A.A.M. [Department of Economics and CentER, Tilburg University, Tilburg (Netherlands)

    2001-07-01

    The potential relationship between domestic environmental regulation and international competitiveness has evoked various speculations. The common neoclassical train of thought is that strict environmental regulation is detrimental to the competitiveness of industry, and that it induces phenomena such as ecological dumping, ecological capital flight, and regulatory 'chill' in environmental standards. A different view is that strict environmental regulation triggers industry's innovation potential, and subsequently increases its competitiveness. The impact of environmental regulation on competitiveness has been analyzed in terms of international capital movements, new firm formation, and international trade. This paper focuses on a statistically rigorous analysis of international trade studies, using a technique that is known as meta-analysis. The paper presents a statistically supported evaluation of the literature, in order to assess what the main conclusions regarding the relationship between environmental regulation and competitiveness are when it comes to studies on international trade flows. The synthesis of the literature is subsequently used to present guidelines for future primary research in this area.

  2. Financial Sector Competition, Service Trade, and Growth

    NARCIS (Netherlands)

    J.F. François (Joseph); F.W. Eschenbach

    2002-01-01

    textabstractWe explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in

  3. Predicting coexistence of plants subject to a tolerance-competition trade-off.

    Science.gov (United States)

    Haegeman, Bart; Sari, Tewfik; Etienne, Rampal S

    2014-06-01

    Ecological trade-offs between species are often invoked to explain species coexistence in ecological communities. However, few mathematical models have been proposed for which coexistence conditions can be characterized explicitly in terms of a trade-off. Here we present a model of a plant community which allows such a characterization. In the model plant species compete for sites where each site has a fixed stress condition. Species differ both in stress tolerance and competitive ability. Stress tolerance is quantified as the fraction of sites with stress conditions low enough to allow establishment. Competitive ability is quantified as the propensity to win the competition for empty sites. We derive the deterministic, discrete-time dynamical system for the species abundances. We prove the conditions under which plant species can coexist in a stable equilibrium. We show that the coexistence conditions can be characterized graphically, clearly illustrating the trade-off between stress tolerance and competitive ability. We compare our model with a recently proposed, continuous-time dynamical system for a tolerance-fecundity trade-off in plant communities, and we show that this model is a special case of the continuous-time version of our model.

  4. China’s Foreign Trade: The Response to Changing the Exchange Rate

    Directory of Open Access Journals (Sweden)

    Izotov D. A.

    2011-12-01

    Full Text Available Based on official data of Chinese and international statistics assessment is given of the impact of the yuan revaluation on the parameters of China’s foreign trade by country (including in terms of crisis tendencies in the global economy. A regression analysis made it possible to obtain quantitative assessments of the responses of China’s foreign trade parameters by country, depending on different yuan revaluation (10% and 50% to the U.S. dollar. It is found that the yuan revaluation leads to reduction in the growth rates of both China’s exports and imports, with the responses by countries being different

  5. Finance and Competitiveness in Developing Countries

    International Development Research Centre (IDRC) Digital Library (Canada)

    The experience of these countries suggests that high productivity and competitiveness .... Fluctuations in the terms of trade and, hence, in the availability of foreign ...... plying mills), 3312 (wooden and cane containers), 3521 (paints, varnishes, ...

  6. The trade union freedom of foreigners with no authorization to work

    Directory of Open Access Journals (Sweden)

    Consuelo Nieto Roales-Nieto

    2014-11-01

    Full Text Available The need of working, intended in its most primitive expression, as a mean for subsistence, is one of the fundamental causes for the increasement of migratory movements. As a result, a peculiar situation arises: there are foreign workers to whom the law that regulates the right to work does not apply.As trade union freedom is one of the fundamental rights related to work, it does not apply either. The article analyses the compatibility of the dispositions about foreigners that, in this respect, condition the exercise of the freedom of syndication, to the authorization of permanence in the country or residence permission with the scope of application of trade union freedom right provided by the Spanish Bill of Rights. The study does not try to establish the practical viability of the possibility for a foreigner to be covered by the right of syndication but the legitimacy of the normative implications when foreigner´s law (Ley de extranjería is applied confronted to the principles stated in the Spanish Constitution and in international treaties.

  7. 78 FR 75330 - Grant of Authority; Establishment of a Foreign-Trade Zone Under the Alternative Site Framework...

    Science.gov (United States)

    2013-12-11

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1921] Grant of Authority... authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign... adjacent to U.S. Customs and Border Protection ports of entry; Whereas, the Board adopted the alternative...

  8. Intertemporal Risk-Return Trade-off in Foreign Exchange Rates

    OpenAIRE

    Christiansen, Charlotte

    2010-01-01

    We investigate the intertemporal risk-return trade-off of foreign ex-change (FX) rates for ten currencies quoted against the USD. For each currency,we use three risk measures simultaneously that pertain to that currency; its re-alized volatility, its realized skewness, and its value-at-risk. We apply monthlyFX excess returns and monthly FX risk measures calculated from daily ob-servations. We find that there is a positive and signi…cant contemporaneousrisk-return trade-off for most currencies...

  9. 78 FR 45181 - Foreign-Trade Zone 230-Piedmont Triad Area, North Carolina, Authorization of Production Activity...

    Science.gov (United States)

    2013-07-26

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-31-2013] Foreign-Trade Zone 230--Piedmont Triad Area, North Carolina, Authorization of Production Activity, Oracle Flexible Packaging, Inc., (Foil-Backed Paperboard), Winston-Salem, North Carolina On March 25, 2013, the Piedmont Triad Partnership...

  10. Gas and LNG trading hubs, hub indexation and destination flexibility in East Asia

    International Nuclear Information System (INIS)

    Shi, Xunpeng; Padinjare Variam, Hari Malamakkavu

    2016-01-01

    In the East Asian gas markets, issues like gas trading hubs, hub indexed pricing, and destination flexibility are being debated. This paper examines the impact of a change in East Asia's pricing benchmark and contract flexibility on the regional and global gas markets. The paper uses the Nexant World Gas Model, a linear program with global cost minimization as the objective. To our knowledge, this study on hub competition, price benchmark change and contract flexibility improvement in East Asia will be the first in the literature and have real policy relevance. The results show that both price benchmark change and contract flexibility improvements will create an overall benefit for the world and East Asia importers, but the impacts are different among exporters and importers. However, there is no evidence of competition among different benchmark hubs and no evidence that destination restrictions cause the “Asia Premium”. It implies that removal of destination clauses has higher priority than the change to hub indexation for Japan, Korea and Chinese Taipei, but both should be treated equally in China. The study also suggests that East Asian importers should cooperate among themselves and with exporters to facilitate the hub creation and contract changes in East Asia. - Highlights: •Gas trading hubs in Japan and China are not mutually exclusive. •Both price benchmark changes and contract flexibility improvements are beneficial. •The “Asian Premium” is not caused by destination restriction. •Destination flexibility is much more important than hub indexation in East Asia except China. •Hub indexation is as important as destination flexibility in China due to pipeline imports.

  11. Foreign Direct Investment and Trade Openness: The Case of Developing Economies

    Science.gov (United States)

    Liargovas, Panagiotis G.; Skandalis, Konstantinos S.

    2012-01-01

    This paper examines the importance of trade openness for attracting Foreign Direct Investment (FDI) inflows, using a sample of 36 developing economies for the period 1990-2008. It provides a direct test of causality between FDI inflows, trade openness and other key variables in developing regions of the world: Latin America, Asia, Africa, CIS…

  12. Strategic imperative formation of foreign economic policy of Ukraine

    Directory of Open Access Journals (Sweden)

    O. P. Borysenko

    2015-10-01

    Full Text Available Deep rethinking and thorough elaboration require a general plan for the development of the state management in the sphere of foreign economic processes - strategy formation and implementation of foreign economic policy of Ukraine. Formed in conditions of political and economic crisis, it is not aimed at providing qualitative change - innovation development, enhance national business investment, measuring asymmetry foreign trade balance, optimize the structure of imports, increasing competitiveness of Ukrainian goods and so on. Significant changes need in government regulation mechanisms of transformation processes, their system updates, meaningful transition to a model of a market transformations, which combined with effective self-governance. The purpose of the article is to explore the strategic principles of foreign economic policy formation, identifying directions Ukraine’s foreign economic strategy formation and ways to improve its effectiveness. Today in Ukraine needs logically consistent application of the basic model of strategy formation and implementation of foreign economic policy: strategy of protectionism, strategy of competitiveness and foreign economic trade integration strategy. The scale and fragmentation tasks are preventing their full implementation. For a targeted and effective state influence on the economy suggest to build a strategy of foreign economic policy on the principles of consistency, integrity, comprehensiveness, subordination, continuity, dynamism, system-creating relations.

  13. Statistics of foreign trade in radioactive materials

    International Nuclear Information System (INIS)

    Anon.

    2001-01-01

    The German Federal Office for Industry and Foreign Trade Control (BAFA) keeps annual statistics of the imports and exports of radioactive materials, nuclear fuels included. The entries, some of them with precise details, cover the participating countries and the radionuclides concerned as well as all kinds of radioactive materials. The tables listed in the article represent the overall balance of the development of imports and exports of radioactive materials for the years 1983 to 2000 arranged by activity levels, including the development of nuclear fuel imports and exports. For the year 2000, an additional trade balance for irradiated and unirradiated nuclear fuels and source materials differentiated by enrichment is presented for the countries involved. In 2000, some 2446 t of nuclear fuels and source materials were imported into the Federal Republic, while approx. 2720 t were exported. The chief trading partners are countries of the European Union and Russia, South Korea, and Brazil. (orig.) [de

  14. 77 FR 55800 - Foreign-Trade Zone 242-Boundary County, ID; Application for Subzone AREVA Enrichment Services...

    Science.gov (United States)

    2012-09-11

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-68-2012] Foreign-Trade Zone 242--Boundary County, ID; Application for Subzone AREVA Enrichment Services, LLC; Bonneville County, ID An application... FTZ 242, requesting special-purpose subzone status for the facility of AREVA Enrichment Services, LLC...

  15. 77 FR 70417 - Foreign-Trade Zone 7-Mayaguez, Puerto Rico; Notification of Proposed Production Activity; Pepsi...

    Science.gov (United States)

    2012-11-26

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-84-2012] Foreign-Trade Zone 7--Mayaguez, Puerto Rico; Notification of Proposed Production Activity; Pepsi Cola Puerto Rico Distributing, LLC... Company, grantee of FTZ 7, submitted a notification of proposed production activity on behalf of Pepsi...

  16. 77 FR 16537 - Approval for Expansion of Manufacturing Authority, Foreign-Trade Subzone 78A, Nissan North...

    Science.gov (United States)

    2012-03-21

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1820] Approval for Expansion of Manufacturing Authority, Foreign-Trade Subzone 78A, Nissan North America, Inc. (Electric Passenger Vehicles..., Nissan North America, Inc. (NNA), operator of Subzone 78A, at the NNA manufacturing facilities in Smyrna...

  17. 78 FR 28190 - Authorization of Production Activity; Foreign-Trade Subzone 29C; GE Appliances (Electric Water...

    Science.gov (United States)

    2013-05-14

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-7-2013] Authorization of Production Activity; Foreign-Trade Subzone 29C; GE Appliances (Electric Water Heaters); Louisville, Kentucky On January 7, 2013, GE Appliances, operator of Subzone 29C in Louisville, Kentucky, submitted a notification of proposed...

  18. Configuración actual del comercio exterior en Galicia = Current foreign trade framework in Galicia

    Directory of Open Access Journals (Sweden)

    José Luis Placer Galán

    2016-12-01

    Full Text Available La reciente crisis económica y la contracción de la demanda interna han impulsado un creciente interés por los mercados exteriores. Esta investigación pretende caracterizar la configuración actual del comercio exterior de la Comunidad Autónoma de Galicia, tanto en lo relativo a los productos como a los mercados geográficos de origen y destino. Para ello se emplean una serie de indicadores, ampliamente contrastados en la investigación económica, que permiten identificar: el grado de apertura de la economía provincial leonesa; la propensión exportadora y la dependencia importadora; el grado de concentración, por producto y mercados, de sus flujos comerciales exteriores; la especialización exportadora y la ventaja comparativa sectorial; la composición inter o intra-industrial del comercio exterior; y la distribución geográfica de los flujos comerciales de la economía gallega con los mercados exteriores. The recent economic crisis and internal demand contraction have encouraged the emerging interest in international markets. This study aims at featuring the current foreign trade framework of the Galicia, in regards to both import and export products and geographical markets. For that purpose, several indexes, widely verified in this study, have been utilized to identify the trade openness level of Leon economy, its export propensity, import dependence as well as the concentration level for products and internal trade flows. Leon export specialization, its comparative advantage by sector, the inter-intra-industry trade composition and geographical distribution of trade with international markets have been likewise included in this study.   Keywords: .

  19. Effects of Free Trade Agreements on Foreign Trade: Predictions for Puerto Rico in the face of CAFTA-DR

    Directory of Open Access Journals (Sweden)

    José E. Signoret

    2006-10-01

    Full Text Available This paper examines the effects of regional free trade agreements on international trade activity. The analysis estimates gravity models of trade that serve to assess the likely impact of CAFTA-DR on Puerto Rico and United States’ foreign trade. The estimated effects of CAFTA-DR on the US are invariably modest. For the case of Puerto Rico, the effects are of considerably larger importance, albeit still somewhat small. The inclusion of the Dominican Republic into the Agreement, however, is critical for these latter results.

  20. Monopolistic Competition, International Trade and Firm Heterogeneity

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Hansen, Jørgen Drud; Kvedaras, Virmantas

    This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm's life cycle. New product varieties of still higher quality enter the market every period rendering old...

  1. A reliability analysis of the revised competitiveness index.

    Science.gov (United States)

    Harris, Paul B; Houston, John M

    2010-06-01

    This study examined the reliability of the Revised Competitiveness Index by investigating the test-retest reliability, interitem reliability, and factor structure of the measure based on a sample of 280 undergraduates (200 women, 80 men) ranging in age from 18 to 28 years (M = 20.1, SD = 2.1). The findings indicate that the Revised Competitiveness Index has high test-retest reliability, high inter-item reliability, and a stable factor structure. The results support the assertion that the Revised Competitiveness Index assesses competitiveness as a stable trait rather than a dynamic state.

  2. Competition policy at the service of development | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2011-02-07

    Feb 7, 2011 ... That's more than the Gross Domestic Product [GDP] of Tanzania in 2002.” ... to prevent foreign or domestic firms from engaging in anti-competitive behaviour. ... Taimoon Stewart is an advisor on trade and competition issues at the ... European consultancy specializing in political and regulatory issues.

  3. 78 FR 23904 - Foreign-Trade Zone 114-Peoria, Illinois; Application for Subzone; Easton-Bell Sports, Inc...

    Science.gov (United States)

    2013-04-23

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-32-2013] Foreign-Trade Zone 114--Peoria, Illinois; Application for Subzone; Easton-Bell Sports, Inc.; Rantoul, Illinois An application has been..., grantee of FTZ 114, requesting special-purpose subzone status for the facility of Easton-Bell Sports, Inc...

  4. 75 FR 61696 - Foreign-Trade Zone 51-Duluth, MN; Application for Reorganization Under Alternative Site Framework

    Science.gov (United States)

    2010-10-06

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 58-2010] Foreign-Trade Zone 51--Duluth... FTZ 51, requesting authority to reorganize the zone under the alternative site framework (ASF) adopted... or reorganizing a general-purpose zone, the application would have no impact on FTZ 51's authorized...

  5. 77 FR 77016 - Authorization of Production Activity: Foreign-Trade Zone 230: Sonoco Corrflex (Kitting-Gift Sets...

    Science.gov (United States)

    2012-12-31

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-69-2012] Authorization of Production Activity: Foreign-Trade Zone 230: Sonoco Corrflex (Kitting-Gift Sets); Rural Hall and Winston-Salem, North Carolina On August 20, 2012, the Piedmont Triad Partnership, grantee of FTZ 230, submitted a notification of...

  6. 75 FR 8918 - Approval for Subzone Expansion and Expanded Manufacturing Authority; Foreign-Trade Subzone 119B...

    Science.gov (United States)

    2010-02-26

    ... and Expanded Manufacturing Authority; Foreign-Trade Subzone 119B, Uponor, Inc. (Polyethylene Tubing); Apple Valley, MN Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as... Zone 119 (Minneapolis, Minnesota), has submitted a request on behalf of Uponor, Inc. (Uponor), operator...

  7. 76 FR 88 - Voluntary Termination of Foreign-Trade Subzone 102A, Ford Motor Corporation, Hazelwood, MO

    Science.gov (United States)

    2011-01-03

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1728] Voluntary Termination of Foreign-Trade Subzone 102A, Ford Motor Corporation, Hazelwood, MO Pursuant to the authority granted in the... the Ford Motor Corporation plant in Hazelwood, Missouri (Board Order 252, 49 FR 19541, 5/8/84...

  8. General Purpose Technologies and their Implications for International Trade

    Directory of Open Access Journals (Sweden)

    Petsas Iordanis

    2015-09-01

    Full Text Available This paper develops a simple model of trade and “quality-ladders” growth without scale effects to study the implications of general purpose technologies (GPTs for international trade. GPTs refer to a certain type of drastic innovations, such as electrification, the transistor, and the Internet, that are characterized by the pervasiveness in use, innovational complementarities, and technological dynamism. The model presents a two-country (Home and Foreign dynamic general equilibrium framework and incorporates GPT diffusion within Home that exhibits endogenous Schumpeterian growth. The model analyzes the long-run and transitional dynamic effects of a new GPT on the pattern of trade and relative wages. The main findings of the paper are: 1 when the GPT diffusion across industries is governed by S-curve dynamics, there are two steady-state equilibria: the initial steadystate arises before the adoption of the new GPT and the final one is reached after the GPT diffusion process has been completed, 2 when all industries at Home have adopted the new GPT, Home enjoys comparative advantage in a greater range of industries compared to Foreign, 3 during the transitional dynamics, Foreign gains back its competitiveness in some of the industries that lost its comparative advantage to Home.

  9. 17 CFR Appendix D to Part 30 - Information That a Foreign Board of Trade Should Submit When Seeking No-Action Relief To Offer...

    Science.gov (United States)

    2010-04-01

    ... primary and secondary markets for the component equities, the liquidity of the component stocks, the... applicable, by price in the index as well as the combined weighting of the five highest-weighted stocks in... in evaluating requests by foreign boards of trade to allow the offer and sale within the United...

  10. 76 FR 771 - Reorganization/Expansion of Foreign-Trade Zone 14 Under Alternative Site Framework; Little Rock, AR

    Science.gov (United States)

    2011-01-06

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1729] Reorganization/Expansion of Foreign-Trade Zone 14 Under Alternative Site Framework; Little Rock, AR Pursuant to its authority under... the Little Rock Customs and Border [[Page 772

  11. Assessment of emission trading impacts on competitive electricity market price

    DEFF Research Database (Denmark)

    Singh, S.N.; Saxena, D.; Østergaard, Jacob

    2011-01-01

    analyzes the impact of electricity prices in the competitive electricity markets having a uniform market clearing price mechanism. Findings - It is found that the electricity prices depend on the system loading, generation mix, etc. at a particular hour. Various emission trading instruments are discussed...... side emission trading impact on electricity prices in the competitive power market. Design/methodology/approach - Various schemes are suggested and are being implemented to achieve this objective. It is expected that electricity price will increase due to imposition of emission taxes. This paper...... with a special emphasis on the European market. Research limitations/implications - Block bidding of the suppliers is considered whereas the demand is assumed to be inelastic. Originality/value - The emission trading impacts are analyzed on a simple example....

  12. Water resources transfers through Chinese interprovincial and foreign food trade.

    Science.gov (United States)

    Dalin, Carole; Hanasaki, Naota; Qiu, Huanguang; Mauzerall, Denise L; Rodriguez-Iturbe, Ignacio

    2014-07-08

    China's water resources are under increasing pressure from socioeconomic development, diet shifts, and climate change. Agriculture still concentrates most of the national water withdrawal. Moreover, a spatial mismatch in water and arable land availability--with abundant agricultural land and little water resources in the north--increases water scarcity and results in virtual water transfers from drier to wetter regions through agricultural trade. We use a general equilibrium welfare model and linear programming optimization to model interprovincial food trade in China. We combine these trade flows with province-level estimates of commodities' virtual water content to build China's domestic and foreign virtual water trade network. We observe large variations in agricultural water-use efficiency among provinces. In addition, some provinces particularly rely on irrigation vs. rainwater. We analyze the virtual water flow patterns and the corresponding water savings. We find that this interprovincial network is highly connected and the flow distribution is relatively homogeneous. A significant share of water flows is from international imports (20%), which are dominated by soy (93%). We find that China's domestic food trade is efficient in terms of rainwater but inefficient regarding irrigation, meaning that dry, irrigation-intensive provinces tend to export to wetter, less irrigation-intensive ones. Importantly, when incorporating foreign imports, China's soy trade switches from an inefficient system to a particularly efficient one for saving water resources (20 km(3)/y irrigation water savings, 41 km(3)/y total). Finally, we identify specific provinces (e.g., Inner Mongolia) and products (e.g., corn) that show high potential for irrigation productivity improvements.

  13. Competitive position of energy carriers in trade

    Energy Technology Data Exchange (ETDEWEB)

    Suding, P.H.; Forsbach, H.H.

    Industrial consumers and public institutions, which are classed with the group of minor consumers, differ in their behaviour in energy consumption greatly from the structure of the whole group. Also the willingness to convert from fuel oil to natural gas in these trade groups is relatively high. Within the framework of 5 model enterprises, the profitability of energy carriers and economizing technology in trade is analysed. The model enterprises are a bakery, a meat purveyor, a restaurant, a laundry and a hospital. The basic data are compared with the data from 1985. The comparison shows that the competitive positions of energy carriers in business and public in the process heat sector here not changed dramatically. The competitiveness of natural gas has improved since 1985 through the changes in price. However, in the sectors in which it belongs to the group of economical alternatives (e.g. in the bakeries), electricity has not lost much ground. (BR)

  14. 77 FR 73414 - Approval for Expansion of Manufacturing Authority; Foreign-Trade Subzone 41H; Mercury Marine...

    Science.gov (United States)

    2012-12-10

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1871] Approval for Expansion of Manufacturing Authority; Foreign-Trade Subzone 41H; Mercury Marine (Marine Propulsion Products); Fond du Lac and... manufacturing authority on behalf of Mercury Marine, operator of Subzone 41H at the Mercury Marine facilities in...

  15. 77 FR 8806 - Foreign-Trade Zone 183-Austin, TX; Application for Reorganization Under the Alternative Site...

    Science.gov (United States)

    2012-02-15

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 8-2012] Foreign-Trade Zone 183--Austin... following sites: Site 1 (33 acres)--Interchange within the Austin Enterprise Zone, located at Bolm Road and Gardner Road, Austin; Site 2 (50 acres)--Balcones Research site located in north central Austin at the...

  16. 76 FR 61342 - Foreign-Trade Zone 72 Temporary/Interim Manufacturing Authority Brevini Wind USA, Inc., (Wind...

    Science.gov (United States)

    2011-10-04

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket T-3-2011] Foreign-Trade Zone 72 Temporary/Interim Manufacturing Authority Brevini Wind USA, Inc., (Wind Turbine Gear Boxes); Notice of Approval On... manufacturing (T/IM) authority, on behalf of Brevini Wind USA, Inc., to manufacture wind turbine gear boxes...

  17. Competitividad de los servicios logísticos del comercio exterior en la Cuenca del Pacífico

    OpenAIRE

    Sierens, Vivien Denis; Zamora Torres, America Ivonne AZT

    2014-01-01

    The development of efficient logistics plays a crucial role in national trade competitiveness. The present study aims to determine Mexico´s foreign trade logistics competitiveness with respect to the largest economies of the Asia-Pacific Economic Cooperation in 2012. The study considers three key variables: customs, international transport and logistics services. It uses a principal components analysis to compute a foreign trade logisticscompetitiveness index. The results indicate that the th...

  18. European Accounting Harmonisation: Consequences of IFRS Adoption on Trade in Goods and Foreign Direct Investments

    OpenAIRE

    Laura Márquez-Ramos

    2011-01-01

    This paper focuses on the importance of accounting harmonisation in foreign activities at country level. The adoption of International Financial Reporting Standards (IFRS) is considered to reduce information costs among countries and, therefore, encourage international trade in goods and investment. The results provide evidence that benefits exist in terms of trade in goods and foreign direct investments (FDI) when IFRS are adopted.

  19. Foreign trade and pollution: the case of South China water quality

    Science.gov (United States)

    Zuo, Hui; Ai, Danxiang; Lin, Yuling

    2017-01-01

    With rapid economic growth, South China has to face the most serious water pollution. However, whether or not such kind of water pollution is mainly caused by foreign trade is questionable. And, how the trade mode will be changed by pollution and corresponding regulation is also uncertain. In this paper, a fully endogenous model, which integrate economic growth, energy use and pollution, is designed to interpret the interrelation among these key variables in South China. Through this model, a new possibility of water environment Kuznets curve change has been investigated. Attribute to mixed two stage feasible general least square estimation method, we conclude that foreign trade has strong influence on environment change rate and the turning point. It can make the virtuous circle of between economic growth and environment improvement come early or later in different circumstances. Export and import play different role in such process and have counter effects on environment.

  20. Germany's energy policies from 1960 to 1980 against the background of foreign trade relations and foreign politics

    International Nuclear Information System (INIS)

    Czakainski, M.

    1993-01-01

    There is hardly another area of politicis where the wishes and interests of different social groups clash so hard with facts and realities as the area of energy politics. The following article looks at Germany's energy politics between 1960 and 1980, it tries to highlight the vanifications of foreign trade relations and explain their impact on energy politics and on the resulting tensions on the area of foreign politics. (orig.) [de

  1. Balance of Comparative Advantages in the Processed Food Sector of the Danube Countries

    Directory of Open Access Journals (Sweden)

    Svetlana Ignjatijević

    2015-05-01

    Full Text Available In this paper, we investigated the level of competitiveness of the processed food sector of the Danube region countries, in order to show the existence of comparative advantage and the correlation of exports. We used the Balassa (RCA–revealed comparative advantage index and TPI (trade performance indexes. At first, using the Pearson and Spearman index, we examined the existence of correlations between the processed food sector of the Danube countries. Then, we applied the Least Significant Difference (LSD test to further compare the value and answered the question: between which Danube countries are there significant differences? With the study, we found that the distribution of the RCA index in Bosnia and Herzegovina, Hungary, Moldova and Slovenia deviates from normality. We also found the existence of a strong correlation of the RCA index of the Czech Republic with Romania, Hungary with Moldova and Serbia, Moldova with Serbia and Bulgaria with Ukraine. Finally, we concluded that the development of trade in the countries of the Danube region requires the participation of all relevant interest groups and could play an important role in providing faster economic development, that is in achieving sustainable development of the countries, with the sustainable use of available resources.

  2. An approach to forming tax regulation of foreign trade activity as a means of financial security assurance

    Directory of Open Access Journals (Sweden)

    Maksimov Yu. A.

    2016-05-01

    Full Text Available the article examines the issue of improving the taxation of foreign trade activity depending on the global market conditions. The author offers an approach to taxation of foreign trade, and suggests the way of improving the taxation in this article’s branch.

  3. Shifting Kenya's Private Sector into Higher Gear : A Trade and Competitiveness Agenda

    OpenAIRE

    World Bank Group

    2016-01-01

    Shifting Kenya’s private sector into higher gear: a trade and competitiveness agenda’ was born out of the World Bank’s Trade and Competitiveness (T&C) Global Practice recent stock taking of its work in Kenya. This was part of a Programmatic Approach that aimed to organize T&C’s knowledge, advisory, and convening services to address Kenya’s development challenges in the private sector space...

  4. 75 FR 12732 - Foreign-Trade Zones 73 and 74; Application for Manufacturing Authority; The Belt's Corporation...

    Science.gov (United States)

    2010-03-17

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 16-2010] Foreign-Trade Zones 73 and 74... Corporation (TBC), an operator of FTZs 73 and 74, requesting manufacturing authority at sites within FTZs 73... CFR part 400). It was formally filed on March 5, 2010. The TBC facility in FTZ 73 (32 employees, 3,300...

  5. COMPETITIVE DEVALUATION IN THE CONTEXT OF TRADE PROTECTIONISM: A CRITICAL APPROACH

    Directory of Open Access Journals (Sweden)

    Alexandru Butiseacă

    2017-04-01

    Full Text Available In the current economic context, competitive devaluation has become a common practice both in emerging and developed economies. But, despite their relatively recent popularity, the economic advantages of competitive devaluations are only illusory, since these involve huge long-term costs even for the states that resort to such policies. The main purpose of our research is to reveal the economic and political consequences of currency devaluations and to critically assess the protectionist thesis that a country needs to maintain a balanced trade with all its commercial partners. The research also contains a brief analysis of competitive devaluation policies applied by China. The paper is primarily a theoretical research, aiming to refine existing arguments, to bring new arguments, and to discuss relevant examples and cases for the announced topic.

  6. Revealed Comparative Advantage and the Alternatives as Measures of International Specialization

    DEFF Research Database (Denmark)

    Laursen, Keld

    2015-01-01

    This paper provides an analysis of Balassa's 'revealed comparative advantage' (RCA). It shows that when using RCA, it should be adjusted such that it becomes symmetric around its neutral value. The proposed adjusted index is called 'revealed symmetric comparative advantage' (RSCA). The theoretica...... Balance, Chi Square, and Bowen's Net Trade Index. The result of the analysis is that RSCA-on balance-is the best measure of comparative advantage....... discussion focuses on the properties of RSCA and empirical evidence, based on the Jarque-Bera test for normality of the regression error terms, using both the RCA and RSCA indices. We compare RSCA to other measures of international trade specialization including the Michaely index, the Contribution to Trade...

  7. THE EFFECT OF COMPETITIVE ADVANTAGE AND HUMAN ADVANTAGE ON INDUSTRIAL COMPETITIVE STRATEGY (Case Study: SMIs in Gorontalo Province

    Directory of Open Access Journals (Sweden)

    Trifandi Lasalewo

    2016-09-01

    Full Text Available Small and Medium Industries (SMIs have a strategic role in the Indonesian economy, as they earn 61.9 percent of the foreign exchange which goes to make up the nation’s Gross Domestic Product, and nationally they are able to absorb 97 percent of the workforce. The Global Competitiveness Report also notes that SMIs serve as the business units that affect every nation’s competitiveness. Considering this strategic role, the selection of a competitive strategy for these SMIs is absolutely necessary. Through an in-depth literature review, this study aims to explore what variables influence the competitive strategy of industries, particularly the SMIs. By using a Systematic Literature Review (SLR with a total of 31 main literature (articles, papers and books, this study has found two dominant factors that influence industrial competitive strategy: Competitive advantage and human advantage, which are subsequently developed into six independent variables (construct variables, i.e. cost, delivery, product quality, product variety, know-how and innovativeness, with a total of 44 indicators. The results of measurements of the sample of SMIs in Gorontalo Province, using Structural Equation Modeling, found that both competitive advantage and human advantage jointly influence 40.2 percent of the industrial competitive strategies. These results indicate that competitive strategies, such as creating products with unique features, on-time delivery, flexibility in production, and employee involvement in the innovations, are indispensable to SMIs in order for them to produce quality products and be able to maintain their advantage.

  8. 77 FR 45575 - Foreign-Trade Zone 143-West Sacramento, CA

    Science.gov (United States)

    2012-08-01

    ... Sacramento, CA Application for Extended Production Authority; Subzone 143D, Grafil Inc. (Carbon Fiber Production); Sacramento, California An application has been submitted to the Foreign-Trade Zones Board (the... its facilities located in Sacramento, California. The application conforming to the requirements of...

  9. Perspectives on U.S. Competitiveness in Science and Technology

    National Research Council Canada - National Science Library

    Galama, Titus; Hosek, James

    2007-01-01

    ... S&T competitiveness, including science policy, the quantitative assessment of S&T capability, globalization, the rise of Asia "particularly China and India", innovation, trade, technology diffusion, the increase in foreign-born...

  10. Testing the competition-colonization trade-off with a 32-year study of a saxicolous lichen community.

    Science.gov (United States)

    Pastore, A I; Prather, C M; Gornish, E S; Ryan, W H; Ellis, R D; Milleri, T E

    2014-02-01

    Competition-colonization trade-offs are theorized to be a mechanism of coexistence in communities structured by environmental fluctuations. But many studies that have tested for the trade-off have failed to detect it, likely because a spatiotemporally structured environment and many species assemblages are needed to adequately test for a competition-colonization trade-off. Here, we present a unique 32-year study of rock-dwelling lichens in New Mexico, USA, in which photographs were used to quantify lichen life history traits and interactions through time. These data allowed us to determine whether there were any trade-offs between traits associated with colonization and competition, as well as the relationship between diversity and disturbance in the community. We did not find evidence for a trade-off between competitive ability and colonization rate or any related life history traits. Interestingly, we did find a peak in all measures of species diversity at intermediate levels of disturbance, consistent with the intermediate disturbance hypothesis pattern. We suggest that the coexistence of the dominant species in this system is regulated by differences in persistence and growth rate mediating overgrowth competition rather than a competition-colonization trade-off.

  11. 46 CFR 252.22 - Substantiality and extent of foreign-flag competition.

    Science.gov (United States)

    2010-10-01

    ... January 1 of the subsidized year, by surveying a data file known as “Merchant Fleets of the World” that is... total tonnage in the range. (e) Largest foreign flag not competitor. In the event that the Board... competitor of any particular operator, the Board may determine the foreign-flag competition in a manner that...

  12. 77 FR 63289 - Foreign-Trade Zone 61-San Juan, PR, Application for Subzone, Coamo Property & Investments, LLC...

    Science.gov (United States)

    2012-10-16

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [S-107-2012] Foreign-Trade Zone 61--San Juan, PR, Application for Subzone, Coamo Property & Investments, LLC, Coamo, PR An application has been submitted to the..., requesting special-purpose subzone status for the facility of Coamo Property & Investments, LLC, located in...

  13. 77 FR 74170 - Foreign-Trade Zone 7-Mayaguez, PR; Application for Subzone; Pepsi Cola Puerto Rico Distributing...

    Science.gov (United States)

    2012-12-13

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [S-132-2012] Foreign-Trade Zone 7--Mayaguez, PR; Application for Subzone; Pepsi Cola Puerto Rico Distributing, LLC, Toa Baja, PR An application has been..., grantee of FTZ 7, requesting special-purpose subzone status for the facility of Pepsi Cola Puerto Rico...

  14. Bad faith trade mark applications in China : a threat to foreign investment?

    OpenAIRE

    Elftorp, Kristian

    2012-01-01

    In a report provided by the European Chamber of Commerce in China, the problem with bad faith trade mark applications was highlighted. The report concluded that the current application of the law, combined with the procedural background constitutes an incentive rather than a deterrent for bad faith trade mark applications in China. The issue originates in Chinese defrauders conducting research among foreign companies with the intent of un- lawfully registering their trade marks in China. Sinc...

  15. ROMANIAN FOREIGN TRADE WITH THE EUROPEAN UNION-DINAMICS AND TRENDS

    Directory of Open Access Journals (Sweden)

    Mihaela-Nona CHILIAN

    2012-12-01

    Full Text Available The paper presents briefly the evolutions in world trade and Romanian foreign trade, especially with the EU. A significant increase in exports, but also in imports was recorded over the interval 2000-2011, accompanied by major structural changes: decline in the shares of low value added and labor intensive products and advance of the more technologically advanced products. However, Romania's trade balance with the EU and most countries in this region remained negative, similar to other new Member States, which generally import more from than export to the EU. Years 2009-2011 marked a sharp drop and a relative stabilization of the trade deficit with the EU, due to significant reduction in exports, but especially in imports, and to the adjustments induced by the crisis after 2008.

  16. Statistics of foreign trade in radioactive materials 2004

    International Nuclear Information System (INIS)

    Anon.

    2006-01-01

    The German Federal Office for Industry and Foreign Trade Control (BAFA) keeps annual statistics of the imports and exports of radioactive materials, nuclear fuels included. The entries, some of them with precise details, cover the participating countries and the radionuclides concerned as well as all kinds of radioactive materials. The tables listed in the article represent the overall balance of the development of imports and exports of radioactive materials for the years 1986 to 2004 arranged by activity levels, including the development of nuclear fuel imports and exports. For the year 2004, an additional trade balance for irradiated and unirradiated nuclear fuels and source materials differentiated by enrichment is presented for the countries involved. In 2004, some 2,558 t of nuclear fuels and source materials were imported into the Federal Republic, while approx. 1,971 t were exported. The chief trading partners are countries of the European Union, Canada, Russia and the USA. (orig.)

  17. Statistics of foreign trade in radioactive materials 2002

    International Nuclear Information System (INIS)

    Anon.

    2003-01-01

    The German Federal Office for Industry and Foreign Trade Control (BAFA) keeps annual statistics of the imports and exports of radioactive materials, nuclear fuels included. The entries, some of them with precise details, cover the participating countries and the radionuclides concerned as well as all kinds of radioactive materials. The tables listed in the article represent the overall balance of the development of imports and exports of radioactive materials for the years 1983 to 2002 arranged by activity levels, including the development of nuclear fuel imports and exports. For the year 2002, an additional trade balance for irradiated and unirradiated nuclear fuels and source materials differentiated by enrichment is presented for the countries involved. In 2002, some 3 070 t of nuclear fuels and source materials were imported into the Federal Republic, while approx. 3 052 t were exported. The chief trading partners are countries of the European Union, Russia, and the USA. (orig.)

  18. 78 FR 20090 - Grant of Authority; Establishment of a Foreign-Trade Zone Under the Alternative Site Framework...

    Science.gov (United States)

    2013-04-03

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1886] Grant of Authority... its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the... in or adjacent to U.S. Customs and Border Protection ports of entry; Whereas, the Board adopted the...

  19. 78 FR 57837 - Grant of Authority; Establishment of a Foreign-Trade Zone Under the Alternative Site Framework...

    Science.gov (United States)

    2013-09-20

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1909] Grant of Authority... to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u... zones in or adjacent to U.S. Customs and Border Protection ports of entry; Whereas, the Board adopted...

  20. The Role of Subsidiaries in Emerging Markets in Generating Competitive Advantages for Foreign Multinationals: the case of the Brazilian subsidiary of Clarks International

    Directory of Open Access Journals (Sweden)

    Marcelo André Machado

    2014-07-01

    Full Text Available The relationship between a multinational and its subsidiaries abroad, according to many studies, is crucial for generating competitive advantages. Therefore, this study aimed to understand the relationship between a shoe company, Clarks International, and its Brazilian subsidiary with an emphasis on generating advantages to the multinational headquarters. Through a single case study, the subsidiary’s capacity for knowledge generation and diffusion was identified, as well as its level of autonomy in relation to the English headquarters. Data analysis indicated that the Brazilian subsidiary generated specific competitive advantages for the foreign multinational due to its close relationship with local suppliers in Brazil and due to its staff’s expertise in developing high quality shoes. It was perceived that the growth of subsidiary autonomy was related to the growth of specific advantages generated for the multinational.

  1. China's foreign trade and climate change: A case study of CO2 emissions

    International Nuclear Information System (INIS)

    Yan Yunfeng; Yang Laike

    2010-01-01

    The globalization of trade has numerous environmental implications. Trade creates a mechanism for consumers to shift environmental pollution associated with their consumption to other countries. Carbon leakage exerts great influences on international trade and economy. Applying an input-output approach, the paper estimates the amount of carbon dioxide (CO 2 ) embodied in China's foreign trade during 1997-2007. It is found that 10.03-26.54% of China's annual CO 2 emissions are produced during the manufacture of export goods destined for foreign consumers, while the CO 2 emissions embodied in China's imports accounted for only 4.40% (1997) and 9.05% (2007) of that. We also estimate that the rest of world avoided emitting 150.18 Mt CO 2 in 1997, increasing to 593 Mt in 2007, as a result of importing goods from China, rather than manufacturing the same type and quantity of goods domestically. During 1997-2007, the net 'additional' global CO 2 emissions resulting from China's exports were 4894 Mt. Then, the paper divides the trade-embodied emissions into scale, composition and technical effect. It was found that scale and composition effect increased the CO 2 emissions embodied in trade while the technical effect offset a small part of them. Finally, its mechanism and policy implications are presented.

  2. The Effect of Exchange Rate Volatility on Turkey’s Agricultural Foreign Trade

    Directory of Open Access Journals (Sweden)

    Güngör Karakaş

    2017-07-01

    Full Text Available In this study, impact of the real effective exchange rate (REER and its volatility (REERV on Turkey's agricultural foreign trade was investigated. 25importantcountries in agricultural trade of Turkey and 1990-2012 periods were examined, and panel data analysis was used in this research. IGARCH model was applied to obtain for the REERV. Influence of the REER and REERV on Turkey's agricultural trade was analyzed whit FMOLS model both individual country and groups panel. According to the results of FMOLS model; It was determined that Turkey agricultural import (7.61% and export (2.24% were increased when the REER was risen about 1%. The agricultural import was decreased 18.83% in case the REERV was increased 1%. On the other hand, when the REERV was increased around 1%, there was no significantly relationship between agricultural export and REERV. As a result, it can be stated that REER and REERV were caused an imbalance on Turkey's agricultural foreign trade. Agricultural producers and industrialists are often adversely affected by the REERV. For these reasons, it is important to take protective measures for them.

  3. Measurement of intra-industry trade (ITT) of Iran with ten selective major trading partners using Grubel-Lloyd Index

    OpenAIRE

    Muhammad Emadi

    2016-01-01

    This paper was conducted to measure intra-industry trade of Iran with ten selective major trading partners including the United Arab Emirates, Germany, China, Republic of Korea, Italy, India, Japan, Turkey, Spain, and Singapore using Grubel-Lloyd index. Due to the development of cross-border economic relationships, these countries try to find and present an appropriate model for production, import, and export of goods and identification of business opportunities and comparative advantages. Th...

  4. CO2 emissions, energy consumption, income and foreign trade: A South African perspective

    International Nuclear Information System (INIS)

    Kohler, Marcel

    2013-01-01

    The effect of trade liberalisation on environmental conditions has yielded significant debate in the energy economics literature. Although research on the relationship between energy consumption, emissions and economic growth is not new in South Africa, no study specifically addresses the role that South Africa's foreign trade plays in this context. A surprising fact given trade is one of the most important factors that can explain the environmental Kuznets curve. This study employs recent South African trade and energy data and modern econometric techniques to investigate this. The main finding of interest in this paper is the existence of a long run relationship between environmental quality, levels of per capita energy use and foreign trade in South Africa. As anticipated per capita energy use has a significant long run effect in raising the country's CO 2 emission levels, yet surprisingly higher levels of trade for the country act to reduce these emissions. Granger causality tests confirm the existence of a positive bidirectional relationship between per capita energy use and CO 2 emissions. Whilst the study also finds positive bidirectional causality between trade and income per capita and between trade and per capita energy use, it appears however that trade liberalisation in South Africa has not contributed to a long run growth in pollution-intensive activities nor higher emission levels. - Highlights: • A long run relationship between CO 2 emissions, levels of energy use and trade in SA. • Per capita energy has a significant long run effect in raising SA's CO 2 levels. • Trade reduces CO 2 emissions through stimulating technological innovations. • Positive bidirectional causality between per capita energy use and CO 2 emissions. • Bidirectional causality between trade and income and trade and energy use

  5. Competition and trade in Australian gas markets

    International Nuclear Information System (INIS)

    Holmes, Leanne; Mander, Sally

    1993-01-01

    Although Australia has large gas reserves, the bulk of reserves (about 80 per cent) are located on the North West Shelf, off Western Australia. On the other had, the major demand centres are located in the south east of the country. The relative scarcity of proven gas reserves close to major markets has meant that governments in the state and territories with reserves have a strong vested interest in the future use of the gas. Equally, governments in states and territories that do not have gas reserves are interested in securing future supplies. The scope for increasing competition and trade in Australian gas markets depends on a number of features of the industry. These include: the characteristics of the resource, the structure of supply including the presence of natural monopolies, the nature and extent of upstream or downstream integration of firms and the presence of long term contracts - the characteristics of gas demand, and the regulatory and policy framework. The main purpose in this article is to review the economic factors driving natural gas markets in Australia, highlighting the factors influencing competition and trade. Against this background, some options for reform are also examined. 30 refs., 6 figs

  6. Trading and risk management during the transition to competition

    International Nuclear Information System (INIS)

    Palmer, A.

    2001-01-01

    This power point presentation outlined the risks facing companies active in competitive energy markets. It reviewed and explained various types of risks including physical, market, credit, liquidity, volumetric and operational risks. The management of price risks includes trading and risk management strategies aimed at exploiting the alternatives associated with highly volatile power and fuel markets. The presentation also reviewed financial energy management in terms of the fuel markets and wholesale markets. Approaches to trading were also presented. tabs., figs

  7. COMPETITIVENESS ОF CHINESE ECONOMY AFTER JOINING WORLD TRADE ORGANIZATION

    Directory of Open Access Journals (Sweden)

    V. S. Shlik

    2008-01-01

    Full Text Available The paper contains analysis of the China’s membership in the World Trade Organization (WTO. The advantages and disadvantages of WTO joining and also prospects and unforeseen difficulties are given in the paper. The People’s Republic of China has already been a full-member of WTO for 6 years. The Chinese Government has mainly fulfilled all the conditions which were imposed for WTO joining. They concerned customs legislation that presupposed a considerable reduction of custom duties, an access to the service market for foreign investors, an increase of responsibility for violation of intellectual property rights. Many of these conditions have been fulfilled in advance.

  8. CHANGES IN FOREIGN TRADE IN AGRI-FOOD PRODUCTS BETWEEN THE EU AND CHINA

    Directory of Open Access Journals (Sweden)

    Karolina Pawlak

    2016-12-01

    Full Text Available The aim of the paper was to identify the changes in bilateral trade in agri-food products between the EU and China, as well as to assess – in mutual relations – ex post competitive advantages of major groups of agri-food products in 2008–2015. The research is based on data from the Statistical Office of the European Union (Eurostat. The analysis covered the value, trade balance, shares in total trade and commodity structure of trade in agri-food products between the EU and China. Selected indices of revealed comparative advantage (XRCA, MRCA, RTA, Coverage Ratios (CR, Specialization Indicators (SI, and the indices of Intra-Industry Trade (IIT were calculated for major product groups of the Combined Nomenclature. It was  proved that bilateral trade in agri-food products between the EU and China has increased signifi cantly in 2008–2015, and the EU transformed from an importer to a net exporter. Despite the intensifi cation of mutual trade, the importance of China in the EU export of agri-food products remained relatively small. The structure of bilateral trade in agri-food products between the EU and China is consistent with the distribution of comparative advantages obtained by exporters and it is shaped under assumptions of the theory of similarity of preferences, the theory of product diff erentiation of the Armington type, and the Heckscher-Ohlin-Samuelson theorem of resources abundance. It can be considered that the Chinese agri-food sector is still in the stage of a factor-driven economy, while the agriculture and food industry in the EU countries has reached the stage of an innovation-driven economy.

  9. THE IMPACT THE COMPETITION POLICY HAS ON THE LIBERALISATION OF INTERANTIONAL TRADE. CASE STUDY: THE CARTEL

    Directory of Open Access Journals (Sweden)

    Berinde Mihai

    2015-07-01

    Full Text Available The liberalization of international trade is the key when we talk about globalization from an economic aspect, because only when there will be a single global market can we talk about abundance as to what economic globalization is concerned. It is a known fact that market economies can work in free competition conditions. Taking into account the present tendencies of international trade, a decisive role is played by competition authorities. The policy in this field and the commercial policies play complementary roles, because in the absence of one of the two policies, we cannot see economic development and growth. In order to benefit from the full advantages of a free trade, companies must respect the laws of competition. In this context, in this paper, we proposed to study the way in which the existence of a cartel on a certain market can cancel the positive effects of international trade. The working hypothesis from which we started in this study was the following: identifying a cartel that functioned on the European market before and after the Uruguay Round, in order to study the negative effects that this anti-competition practice had. The Uruguay negotiation Round has been chosen, because the best results concerning the liberalization of international trade have been achieved in it. The cartel case was not chosen at random; we have searched to find one that was active in a field which got significant customs tax reductions in the Uruguay Round. We have decided to analyze the impact which a cartel had in the field of industrial products. Following our study, we have managed to empirically demonstrate the way in which a cartel can cancel the benefits of international trade liberalization. The analysis of the way in which the Industrial Tubes cartel acted on the EU market, as well as the analysis of the indicators that led to the undisputable conclusion that this cartel case canceled the positive effects which should have been felt on the

  10. Leading Trade Networks in the Context of Globalisation of the World Retail Trade

    Directory of Open Access Journals (Sweden)

    Kavun Olha O.

    2013-12-01

    Full Text Available The article considers main tendencies of development of trade networks during 2002 – 2012 and determines that the overwhelming majority of them increased their presence in foreign markets. It analyses specific features of manifestation of the expansion policy by trade structures depending on the region of their origin. It studies motives that make leading retailers go out of boundaries of the national markets. Main of them are sharpening of competition in domestic, more mature markets, due to increase of concentration of network structures and also application of the state policy of restrictions in the trading activity. It considers methods that were selected by major trade networks in 2011 – 2012 for entering foreign markets. It establishes that the most popular was franchising. It determines directions of manifestation of regulation barriers, faced by major trade networks of the world when entering markets of developing countries. It establishes that major national structures, which are the main competitors for international trade networks and which make them develop a more weighted approach to making decisions that are connected with entering a new market and adjustment of existing strategies of development, are represented in markets of individual countries, in particular, in Asia and South Africa.

  11. An Evaluation of the Intermediation Role of Hong Kong in Chinese Foreign Trade

    OpenAIRE

    Xinhua He

    2007-01-01

    Two different data sources can be used to study Hong Kong's role in intermediating China's foreign trade. One is the bilateral trade statistics between Hong Kong and the Chinese Mainland reported by National Bureau of Statistics of China, and the other is the bilateral trade statistics published by Census and Statistics Department, Hong Kong. The corresponding statistics are not comparable to each other because of the different statistical criteria adopted by each source. Hong Kong's intermed...

  12. Development of Competitive Gas Trading in Continental Europe

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    In this publication the IEA examines the history of major gas markets' development in OECD Europe, and explores the possible expansion of trading through the mechanism of different hubs across the region. Lessons learned from North American markets on the benefits of regulatory convergence and investor-friendly legal framework are an important part of the analysis. Competitive trading based on transparent, non-discriminatory rules in a flexible and integrated European gas market will lead to more efficiency, timely investment, and greater market resilience, therefore ensuring more security for both customers and suppliers in the long term.

  13. Labor market flexibility, international competitiveness and patterns of trade

    Czech Academy of Sciences Publication Activity Database

    Uzagalieva, Ainura; Cukrowski, J.

    2006-01-01

    Roč. 59, č. 2 (2006), s. 225-246 ISSN 0012-981X R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : labor market regulations * competitiveness * international trade Subject RIV: AH - Economics

  14. Trade Openness, Market Competition, and Inflation: Some Sectoral Evidence from OECD Countries

    OpenAIRE

    Mahir Binici; Yin-Wong Cheung; Kon S. Lai

    2011-01-01

    This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role of market competition. This study shows that inflation decreases with greater market competitiveness even after controlling for produ...

  15. Competitive market and sources of its advantages in the electric energy subsector

    Directory of Open Access Journals (Sweden)

    Kazimierz Pająk

    2017-07-01

    Full Text Available The electric energy subsector varies considerably in terms of competitiveness depending on the area under analysis. Power generation, transmission and distribution have quite different characteristics of competitiveness than areas such as electricity trading. In the area of power generation, competitive advantage is developed by factors such as: skilful operation in the fuel market and targeted investments affecting the efficiency and effectiveness of equipment. In the area of energy distribution, despite the natural monopoly, some distribution system operators dynamically take over the market share of newly constructed networks. The area of energy trading can be successfully compared to other competitive market segments where mass sales of services and products occur.

  16. Germany's foreign trade with nuclear products, 1979-1981

    International Nuclear Information System (INIS)

    Anon.

    1982-01-01

    The survey on the foreign trade of the Federal Republic of Germany with nuclear-technical products which was set up by the Federal Ministry for Research and Technology (BMFT) shows for 1981 (with comparative figures for 1979 and 1980) an increase by 35.5% or from 0,5 billion DM to 2.1 billion DM if compared to the previous year while there had been a regression by 23.2%, 0.5 billion DM resp. from 1979 to 1980. (orig./UA) [de

  17. Los giros del comercio exterior y la inversión extranjera directa en Cuba. The turns of foreign trade and direct foreign investment in cuba

    OpenAIRE

    Quintero Santos, Jose

    2013-01-01

    Cuban economy has a high dependence on foreign trade. In this way, Cuban economy is very vulnerable to changes occurring in the international economy. The changes in domestic economic policy and in the international economic have a great influence in the structure of the trade balance and the positioning of the various products and services in the composition of exports and imports that Cuba needs for economic development. Hence, external financing and the foreign direct invest...

  18. Permit trading and credit trading

    DEFF Research Database (Denmark)

    Boom, Jan-Tjeerd; R. Dijstra, Bouwe

    This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...

  19. The analysis of export commodity competitiveness in Central Java Province at period 2011-2015

    Science.gov (United States)

    Elysi, M. G.; Darsono; Riptanti, E. W.

    2018-03-01

    This study aims to determine the competitiveness of furniture export in Central Java Province Indonesia in terms of comparative and competitive advantages and to formulate the strategies to enhance the competitiveness of furniture export in Central Java Province. Descriptive analytic method was used for this research. Data used in this research are primary and secondary data. Data were analyzed using RCA (Revealed Comparative Advantage), TSI (Trade Specialization Index) and SOAR (Strength, Opportunity, Aspiration, Result). The results showed that furniture commodity in Central Java Province had strong comparative competitiveness with the value of RCA>1 and had strong competitiveness with positive index values in the range of 0 to 1. Based on SOAR analysis, strategy measures can be formulated, namely maintaining the existing and expanding targeted markets, improving product designs (innovations) and improving raw materials efficiency.

  20. The impact of foreign trade in agricultural products of Bosnia and Herzegovina within the framework of CEFTA 2006

    Directory of Open Access Journals (Sweden)

    Ćejvanović Ferhat

    2014-01-01

    Full Text Available In modern conditions, characterized by the growing importance of foreign trade between the countries, relations of a country with international environment play an increasingly impor­tant role in economic development. Over the last decade the process of economic integration through the removal of barriers for the free movement of goods, services, money and people has improved job creation and economic growth. From economic cooperation with foreign countries should expect positive effects on the economy of the state if the external economic factor used in accordance with the plans and programs of economic development of a coun­try. Thereto, there are social forces that can decide relatively independently to all elements of internal development and cooperation with foreign countries. The objective of this study was to investigate the effect of the CEFTA 2006 on the foreign trade of agricultural products in Bosnia and Herzegovina. In this respect it may be noted that foreign trade of agricultural products has an impact on the agricultural sector in Bosnia and Herzegovina.

  1. DETERMINANTS OF FOREIGN DIRECT INVESTMENT DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Elena Chirila - Donciu

    2013-12-01

    Full Text Available FDI had a strong impact in the last three decades on economic growth, foreign trade and production structures in almost all countries. The purpose of this paper is to analyze the main factors that contribute to attracting foreign direct investment flows and also the competitiveness of the business environment in Romania and its implications on investment decisions and economic growth. Research results show that the presence of FDI goes to those areas that can provide efficiencies investment factors: skilled and qualified labor, educational and research institutions etc..

  2. THE PLACE OF SWITZERLAND IN ROMANIA'S FOREIGN TRADE WITH EFTA DURING 2007-2016

    Directory of Open Access Journals (Sweden)

    ZAMFIR PAUL BOGDAN

    2017-06-01

    Full Text Available In this paper it is presented in a synthetic manner the overall evolution of bilateral trade between Romania and Switzerland in the current period of post-accession of our country to EU. Therefore, in order to be successed on this market - to achieve and maintain stable and long-term commercial relations partners, romanian exporters should pay very attention strict implementation of contractual terms, equality rules, conditions and delivery terms and possibly to inform previously on local prices of competing firms. Also it is important to emphasize that the current EU's legal framework regarding trade relations influenced positively the entire climate of bilateral trade between Romanian and Swiss economic agents. At the same time, the bilateral agreements are also applied by Romania in virtue of its quality as member state of EU that automatically adopted and implemented EU legislation, the international treaties and agreements with third countries. Thus, it is noticeable that in post-accession period to the EU, our country in the field of foreign trade with Switzerland applies the legal framework of EU that has as main effect the development of trade conducted between Romanian and Swiss companies. Also, regarding Romania's foreign trade with EFTA states in the current period of post accession to EU it can be noticed a major improvement, due to the three countries of The European Free Trade Association (EFTA except Switzerland is subject to the European Economic Area (EEA Agreement. In this context the elimination of customs duties in trade between our country and EFTA states leads undoubtedly to entry on Romanian market of products with high quality designed to meet the requirements of domestic demand.

  3. CHINA’S ECONOMIC ACTIVITIES IN AFRICA: TRADE, FOREIGN DIRECT INVESTMENT AND AID

    OpenAIRE

    Michałowski, Tomasz

    2014-01-01

    The paper examines the nature of China’s economic activities in Africa in three dimensions: merchandise trade, foreign direct investment, and aid. These are three main channels through which China’s presence on the continent affects Africa’s economic growth and development. China’s economic relations with Africa are, to a large extent, driven by Chinese demand for natural resources, especially oil and minerals. It is the most visible in Sino-African trade, where fuels alone account for about ...

  4. Optimal Dynamic Strategies for Index Tracking and Algorithmic Trading

    Science.gov (United States)

    Ward, Brian

    In this thesis we study dynamic strategies for index tracking and algorithmic trading. Tracking problems have become ever more important in Financial Engineering as investors seek to precisely control their portfolio risks and exposures over different time horizons. This thesis analyzes various tracking problems and elucidates the tracking errors and strategies one can employ to minimize those errors and maximize profit. In Chapters 2 and 3, we study the empirical tracking properties of exchange traded funds (ETFs), leveraged ETFs (LETFs), and futures products related to spot gold and the Chicago Board Option Exchange (CBOE) Volatility Index (VIX), respectively. These two markets provide interesting and differing examples for understanding index tracking. We find that static strategies work well in the nonleveraged case for gold, but fail to track well in the corresponding leveraged case. For VIX, tracking via neither ETFs, nor futures\\ portfolios succeeds, even in the nonleveraged case. This motivates the need for dynamic strategies, some of which we construct in these two chapters and further expand on in Chapter 4. There, we analyze a framework for index tracking and risk exposure control through financial derivatives. We derive a tracking condition that restricts our exposure choices and also define a slippage process that characterizes the deviations from the index over longer horizons. The framework is applied to a number of models, for example, Black Scholes model and Heston model for equity index tracking, as well as the Square Root (SQR) model and the Concatenated Square Root (CSQR) model for VIX tracking. By specifying how each of these models fall into our framework, we are able to understand the tracking errors in each of these models. Finally, Chapter 5 analyzes a tracking problem of a different kind that arises in algorithmic trading: schedule following for optimal execution. We formulate and solve a stochastic control problem to obtain the optimal

  5. Mechanism of management of competitiveness of production of agrarian and industrial complex

    Directory of Open Access Journals (Sweden)

    Buryak E. A.

    2016-04-01

    Full Text Available the concept of competitiveness and mechanisms of management of competitiveness of production is considered. Major factors of ensuring competitiveness of production of agrarian and industrial complex are allocated. The main problems of production of wheat in the Republic of Crimea making negative impact on the level of her competitiveness are revealed. The mechanism of management of competitiveness of production of agrarian and industrial complex is developed.

  6. Modern Paradigm of Ensuring Competitive Advantages of an Enterprise

    Directory of Open Access Journals (Sweden)

    Klymchuk Alyona O.

    2014-01-01

    Full Text Available The article considers evolution of development of the paradigm of ensuring competitive advantages of an enterprise. Foreign and domestic scientists focus on individual directions of development of competitive advantages and pay insufficient attention to new management concepts – development of the information society, knowledge economy and dynamism of integration processes. The goal of the study is formation of the modern paradigm of ensuring competitive advantages of an enterprise with consideration of tendencies of development of the knowledge economy, information society and integration processes. Enterprise competitiveness is a synergetic characteristic, which reflects enterprise capability of dynamic response to changes of the market situation with the aim of keeping predominance over other economic subjects. Management of the future, on the basis of the management 2.0 concept, should take into account interests not only of top management and shareholders but also employees, local communities and territories and meet requirements of the society in general, individual groups of consumers and tendencies of development of managerial and information technologies. The paradigm of the modern theory of ensuring competitive advantages should include models of keeping competitive advantages in the existing markets and models of development of future markets; strategy of development of enterprise competitiveness, human capital development and efficient enterprise management.

  7. Trade credit use and competition in the value chain : Evidence from Vietnam

    NARCIS (Netherlands)

    Hermes, Niels; Lensink, Robert; Lutz, Clemens; Thu, Uyen Nguyen Lam

    2016-01-01

    Trade credit is a major source of finance in value chains in developed and emerging economies. Despite its ubiquitous use, this is one of the first empirical studies that analyzes why the use of trade credit varies along the value chain. We argue that competition faced by firms at different stages

  8. Foreign Direct Investment, Competition and Industry Performance

    DEFF Research Database (Denmark)

    Bitzer, Jürgen; Görg, Holger

    2009-01-01

    This paper investigates the productivity effects of inward and outward foreign direct investment using industry- and country-level data for 17 OECD countries over the period 1973 to 2001. Controlling for national and international knowledge spillovers we argue that the effects of FDI work through...... direct compositional effects as well as changing competition in the host country. Our results show that there are, on average, productivity benefits from inward FDI, although we can identify a number of countries which, on aggregate, do not appear to benefit in terms of productivity. On the other hand...

  9. COMPETITION AND POLICY CONFLICTS IN CANADA-U.S. BARLEY TRADE

    OpenAIRE

    Johnson, D. Demcey; Wilson, William W.

    1995-01-01

    Changes in policy, institutional and competitive environments have led to increased trade and a rise in trade tensions in the Canada-U.S. barely market. These tensions stem from policies and marketing institutions that have evolved independently in these two countries. Results from a detailed spatial equilibrium model of the Canada- U.S. barley market are presented in this article. Simulations are used to quantify effects of U.S. import restrictions; removal of Canadian rail subsidies, differ...

  10. The Transatlantic Trade and Investment Partnership (TTIP)

    OpenAIRE

    Arnim, Rudi von; Beck, Stefan; Compa, Lance; Eberhardt, Pia; Grumiller, Jan; Raza, Werner; Taylor, Lance; Tröster, Bernhard; Scherrer, Christoph

    2014-01-01

    The United States of America and the European Union are currently negotiating a Transatlantic Trade and Investment Partnership (TTIP). It is one of the most ambitious free trade and investment initiatives, going much further than eliminating tariffs. TTIP mainly aims at reducing “non-tariff barriers”. While tariffs on goods have been imposed with an eye to foreign competition, most of the non-tariff barriers are the laws and regulations that are the result of social struggles for the protecti...

  11. Prospects for the EU-US Trade Relations in the Light of the TTIP

    Directory of Open Access Journals (Sweden)

    Ružeková Viera

    2016-12-01

    Full Text Available To success on international markets, individual economies are trying to take measures to increase their efficiency, flexibility and competitiveness. There is a liberalization of tariff and non-tariff barriers mainly due to trade based on regional integration. Among such agreements belong also the Transatlantic Trade and Investment Partnership (TTIP between the EU and the USA, which represent the largest economies in the world. The paper analyses developed scientific studies that assess the economic impact, advantages and disadvantages of closer economic cooperation. However, it reflects not only the economic but also foreign policy importance of this partnership. In the case of signing the TTIP, it would become the most important bilateral trade agreement ever, both in terms of international trade as well as in terms of the impact on international trade as a whole.

  12. 15 CFR 400.45 - Retail trade.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 2 2010-01-01 2010-01-01 false Retail trade. 400.45 Section 400.45 Commerce and Foreign Trade Regulations Relating to Commerce and Foreign Trade (Continued) FOREIGN-TRADE ZONES BOARD, DEPARTMENT OF COMMERCE REGULATIONS OF THE FOREIGN-TRADE ZONES BOARD Zone Operations and...

  13. Analyzing Sustainable Competitive Advantage: Strategically Managing Resource Allocations to Achieve Operational Competitiveness

    Directory of Open Access Journals (Sweden)

    Abdul Malek Nurul Aida

    2015-12-01

    Full Text Available In today’s dynamic business environment, a key challenge for all companies is to make adaptive adjustments to their manufacturing strategy. This study demonstrates the competitive priorities of manufacturing strategy in hydro-power case company to evaluate the level of sustainable competitive advantage and also to further analyze how business strategies are aligned with manufacturing strategies. This research is based on new holistic analytical evaluation of manufacturing strategy index, sense and respond, and sustainable competitive advantage models. These models help to describe, evaluate, and optimize resource allocation to meet the performance requirements in dynamic decision making. Furthermore, these models evaluate operational competitiveness for manufacturing strategies according to the multi-criteria priority. The results show that the adjustments of competitive priorities in manufacturing strategies by implementing the proposed holistic analytical models are helpful in strategically managing business operations. The discussion derives the most critical attributes in business operations while alignment of resource allocation with competitive priorities help to strategically focus those attributes. In conclusion, we argue that resource allocation and manufacturing strategies have become the most important capabilities in a business environment where companies focus to get a sustainable competitive advantage.

  14. Innovation, human capital and trade competitiveness how are they connected and why do they matter?

    CERN Document Server

    2014-01-01

    This work focuses on researching and establishing the importance of human capital and innovation as determinants of competitive advantages in international trade—in the context of rapidly evolving technological advancement, globalization, and economic integration.  The processes that accompany the shift from industrial economics to a knowledge-based economy are currently the object of interest of both scientists, politicians, investors and entrepreneurs. In many countries, the traditional sources of socioeconomic development, such as low labor costs, availability of inexpensive raw materials, and favorable geographic location are waning.  These economies are searching for new sources of competitive advantage that will allow for maintaining growth, among other things by boosting participation in international trade. The book explores non-traditional drivers of competitiveness in both theory and practice.  First, chapters 1 through 4 present theoretical and methodological aspects of the relationships among...

  15. Romania’s foreign trade with the European Union in 2008

    Directory of Open Access Journals (Sweden)

    Ancuta Stangaciu

    2010-12-01

    Full Text Available In this study, I proposed to analyze the spatial concentration of international trade flows between Romania and the European Union both overall and by the sections of the Combined Nomenclature. Using statistical analysis methods such as square and Gini’s index or Onicescu informational energy, I concluded that Romania’s main trade partners are Italy, Germany and France and trade relations with these 3 countries are characterized by exchanges of good to cover, generally a wide range of products.

  16. AN OVERVIEW OF THE GENERAL EVOLUTION OF THE ROMANIAN FOREIGN TRADE AFTER 1989, WHILE TRYING TO JOIN THE EU (I

    Directory of Open Access Journals (Sweden)

    GIURGIU Adriana

    2010-07-01

    Full Text Available Those 17 years (since 1990 until the accession date to the EU of institutional and economic-social reforms which, with all the good and bad things, brought Romania to the European Union starting with 1 January 2007, and should make us now be able to emphasise a few elements connected to the Romanian foreign trade. Thus, we consider that the present paper is of a significant importance for the specialists in the foreign trade problems, as well as for the Romanian and all other EU economic operators because we will try to realise a “radiography” of all the general aspects and tendencies of the Romanian External Trade during the years 1990-2006, and their effects upon the Romania’s current and future membership to the European Union, as part of the Common Trade Policy, by presenting some relevant indicators, such as: the volume of foreign trade, volume of exports and imports, GDP growth etc.

  17. Study on the Coordination of Supply Chain Based on Carbon Emissions Trading Considering the Retailers’ Competition

    Directory of Open Access Journals (Sweden)

    Wang Daoping

    2017-01-01

    Full Text Available This paper studies the coordination of supply chain in the context of carbon emissions trading mechanism, which considering the competition between retailers. Centralized and decentralized supply chain models were constructed to discuss the price of product, to avoid the losses of profit from the decentralized decision-making, the revenue-sharing contract was introduced to coordinate the supply chain. Research shows that the carbon emissions trading reduce emissions effectively, but the higher price of carbon emissions trading cut down the total profit of supply chain; The competition between retailers upgrades the supply chain members’ profit; Coordination was achieved by introducing the revenue-sharing contract. Finally, numerical example was given to illustrate the validity of the revenue-sharing contract, and the sensitivity analysis of parameters such as the price of the emissions trading and the retailers’ competition were presented.

  18. Attractiveness of Serbian retail industry for foreign investors with reference to the company Delhaize Group

    Directory of Open Access Journals (Sweden)

    Stankov Biljana

    2016-01-01

    Full Text Available Trade in Serbia is a very attractive economic area for foreign investors. After the manufacturing sector, this area attracted the most foreign investors in the recent years. By participating in macroeconomic indicators of the Serbian economy, trade contributes to the intensification of country's economic growth and development and FDI inflows increase, and thus the promotion of capital accumulation. Since 2000 when Serbia faced more intensive coming of foreign investors, retail industry attracted a significant number of foreign investors. Apart from bringing fresh capital, these investors contributed to the development of modern forms of retail trade, as well as the reorientation of retailers who are now increasingly concerned about the needs and wishes of consumer. As a result, they put aside the range and characteristics of the products they sell. One of the biggest foreign investors in Serbia, and certainly the most powerful participant in the retail market, Delhaize Group is a company based in Belgium. Recognizing the benefits of retail trade in Serbia, as well as excellent prospects of its future development, Delhaize Group took advantage of a favorable opportunity and invested in the purchase of the retail chain Delta Maxi, a former regional leader. Consequently, it achieved the biggest market share and enter into competition with other powerful companies such as Agrokor, Mercator and Metro. Delhaize Group is certainly a leading retailer of food and other products in Southeast Europe and in the United States, but it also appears to be a leader of sustainable and ethical business in its field.

  19. 76 FR 79023 - Determinations Under Section 1106(a) of the Omnibus Trade and Competitiveness Act of 1988Russian...

    Science.gov (United States)

    2011-12-20

    ... Determinations Under Section 1106(a) of the Omnibus Trade and Competitiveness Act of 1988--Russian Federation... Competitiveness Act of 1988 (19 U.S.C. 2905(a)), I determine that state trading enterprises account for a...

  20. A Rule of Reason for Inward FDI: Integrating Canadian Foreign Investment Review and Competition Policy

    Directory of Open Access Journals (Sweden)

    Grant Bishop

    2016-10-01

    regime would require decisions based on economically-grounded criteria, with the onus placed on the federal government to prove that a given transaction would be detrimental to the domestic economy. This would shift the government’s role from its current one, in which the minister of innovation, science and economic development approves a proposal deemed to be beneficial to Canada, and has broad powers to withhold federal approval. This leaves the rejected foreign acquirer with no impartial avenue of appeal, such as a specialized tribunal. The reforms to the ICA should also include establishing a specialized tribunal where foreign acquirers can challenge negative decisions, just as the Competition Act provides a means for challenging antitrust aspects of mergers and acquisitions more broadly. There is extensive empirical evidence demonstrating that foreign investment is beneficial to Canada because it results in improvements in productivity and competitiveness. As well, foreign-controlled firms in Canada pay higher wages, make large investments in R&D, innovation and skilled labour, experience fewer layoffs during economic downturns, and impart their technologies to domestic firms, among other benefits. Indeed, from 1980 to 1999, 2/3 of Canada’s manufacturing sector labour productivity growth came from foreign-controlled companies, even though they comprised only 40 per cent of that sector’s employment. Not only could the Competition Act with its tribunal model serve as a framework for these much-needed reforms to the ICA, but, as well, reform of the ICA should similarly entrench the promotion of competition, economic efficiency and domestic welfare as its core objectives. That translates to not treating foreign investment as an end in itself, but as a means to promote economic efficiency through competition in both markets for products and corporate control.

  1. Foreign direct investment and trade in health services: a review of the literature.

    Science.gov (United States)

    Smith, Richard D

    2004-12-01

    Globalization is a key challenge facing health policy-makers. A significant aspect of this is direct trade in health services, a result of the rise of transnational corporations, challenges in health care financing, porous borders and improved technology creating the scope for increased 'foreign direct investment' (FDI) in health care. This has gathered momentum with the General Agreement on Trade in Services (GATS), which aims to further liberalize trade in services, and within which FDI has been noted as perhaps the most critical area for trade negotiation. Given the rapid development of this area, there are little empirical data. This paper therefore seeks to provide the first comprehensive and systematic review of evidence concerning FDI and health services. This process included electronic bibliographic database searches, website searches and correspondence with experts in the area of trade in health services, from which 76 papers, books and reports were reviewed. Perhaps due to the rapid developments in this area, most of the literature is speculative, polarized between those arguing for the benefits of liberalization and those arguing against. However, there seem to be three issues which emerge as of most importance: (i) the extent to which a national health system is commercialized per se is of more significance than whether investment in it is foreign or domestic; (ii) the national regulatory environment and its 'strength' will significantly determine the economic and health impact of FDI, the effectiveness of safeguard measures, and the stability of GATS commitments; and (iii) any negotiations will depend upon parties having a common understanding of what is being negotiated, and the interpretation of key definitions is thus critical. Each of these issues is explored in some depth, with the overall conclusion that countries should take a step back and first think through the risks and benefits of commercialization of their health sector, rather than being

  2. TACtic- A Multi Behavioral Agent for Trading Agent Competition

    Science.gov (United States)

    Khosravi, Hassan; Shiri, Mohammad E.; Khosravi, Hamid; Iranmanesh, Ehsan; Davoodi, Alireza

    Software agents are increasingly being used to represent humans in online auctions. Such agents have the advantages of being able to systematically monitor a wide variety of auctions and then make rapid decisions about what bids to place in what auctions. They can do this continuously and repetitively without losing concentration. To provide a means of evaluating and comparing (benchmarking) research methods in this area the trading agent competition (TAC) was established. This paper describes the design, of TACtic. Our agent uses multi behavioral techniques at the heart of its decision making to make bidding decisions in the face of uncertainty, to make predictions about the likely outcomes of auctions, and to alter the agent's bidding strategy in response to the prevailing market conditions.

  3. 75 FR 7546 - Foreign Trade Regulations (FTR): Eliminate the Social Security Number (SSN) as an Identification...

    Science.gov (United States)

    2010-02-22

    ... DEPARTMENT OF COMMERCE Census Bureau 15 CFR Part 30 [Docket Number: 090422707-91445-02] RIN 0607-AA48 Foreign Trade Regulations (FTR): Eliminate the Social Security Number (SSN) as an Identification... Trade Regulations (FTR) to eliminate the requirement to report a Social Security Number (SSN) as an...

  4. Is It Possible To Use Intelligent Systems To Design A Profitable Foreign Exchange Trading Agent?

    OpenAIRE

    Julian, Pomfret-Pudelsky

    2009-01-01

    In this paper, a trading agent is developed using a basket of intelligent systems with the goal of trading the GBPUSD currency pair profitably in the Foreign Exchange market. The basket of intelligent system consists of two regression models: a radial basis neural network and a TSK-fuzzy inference system; and three classification models: k-nearest neighbour, support vector machine and a decision tree. The trading strategy combines the predictions of each model using a Kalman-type filter to...

  5. [Research on ginseng trade competitiveness between China and Korea].

    Science.gov (United States)

    Xin, Min-Tong; Yang, Guang; Tang, Xiao-Jing

    2017-05-01

    Ginseng is one of China's valuable Chinese herbal medicines, with a long using history. Ginseng has worldwide reputation, and widely used in food, medicine, health products, cosmetics and other production. China and South Korea have a big ginseng industrial, and sharing half of the export market. The ginseng export competitiveness analysis seems important and necessary between China and South Korea. In this paper, the data of customs and trade of ginseng in COMTRADE database were studied, and ginseng export competitiveness was analyzed between China and Korea. The results showed that the ginseng export competitiveness of Korean more competitive than China. Contrast with China, South Korea using only 15% total amount of ginseng exports and produced the same total export amount. This article has the reference value to the traditional Chinese medicine resources management and the economics research. On this basis, this paper further discusses the problems that should be paid attention to in the development of ginseng industry in China. Copyright© by the Chinese Pharmaceutical Association.

  6. Mechanisms for Limiting Trade Mark Rights to Further Competition and Free Speech

    DEFF Research Database (Denmark)

    Ramsey, Lisa P; Schovsbo, Jens Hemmingsen

    2013-01-01

    This article evaluates the different mechanisms that nations use to limit trade mark rights to promote competition, free speech, and other public interests. It shows how EU and US trade mark laws seem to be converging towards a similar model which includes both (1) specific statutory defenses...... of these mechanisms for limiting trade mark rights to better protect the public interest in trade mark disputes. Finally, a proposal for reform is suggested. It consists of three parts: (1) domestic legislatures should revise their trade mark statutes to add more mandatory and specific limitations on trade mark...... to trade mark violations and (2) trade mark doctrines which give courts flexibility to permit unauthorized uses of marks that further the legitimate interests of the accused infringer and the public. Such a development should be welcomed and the article urges other nations to consider adopting one or both...

  7. 31 CFR 539.406 - Importation into and release from a bonded warehouse or foreign trade zone.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Importation into and release from a bonded warehouse or foreign trade zone. 539.406 Section 539.406 Money and Finance: Treasury Regulations... WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS Interpretations § 539.406 Importation into and...

  8. Reframing ‘Crisis’ in Fair Trade Coffee Production: Trajectories of Agrarian Change in Nicaragua

    NARCIS (Netherlands)

    Fraser, J.; Fisher, E.; Arce, A.M.G.

    2014-01-01

    A focus on crisis provides a methodological window to understand how agrarian change shapes producer engagement in fair trade. This orientation challenges a separation between the market and development, situating fair trade within global processes that incorporate agrarian histories of social

  9. 75 FR 29727 - Reorganization of Foreign-Trade Zone 37 Under Alternative Site Framework Orange County, NY

    Science.gov (United States)

    2010-05-27

    ... Zone 37 Under Alternative Site Framework Orange County, NY Pursuant to its authority under the Foreign... reorganization of general-purpose zones; Whereas, Orange County, New York, grantee of Foreign-Trade Zone 37... under the ASF with a service area of Orange County, New York, adjacent to the New York/Newark Customs...

  10. ECONOMIC gROWTH, GLOBALIZATION AND TRADE

    OpenAIRE

    Nuno Carlos LEITÃO

    2012-01-01

    The purpose of this article is to investigate the relationship between economic growth, globalization and trade. The manuscript uses the assumptions of the economic growth exogenous and endogenous models. It introduces new proxies for explain the economic growth as in intra-industry trade, foreign direct investment and globalization index. The results indicate that economic growth is a dynamic process. The intra-industry has a positive impact on economic growth. This paper confirms relevan...

  11. Foreign powers competition in the mining sector of Mongolia

    Directory of Open Access Journals (Sweden)

    Rodionov Vladimir

    2016-01-01

    Full Text Available The paper is about the issue of Mongolia cooperation with foreign companies playing an important role in its foreign policy strategy and national security. At the beginning of the 1990s, having proclaimed a “multipillar” policy strategy in relations with the world, Ulaanbaatar tends to follow it in the economic cooperation not willing to give any preference to any country. It creates a situation of competition between foreign companies backed by their states, especially such great powers as Russia, China, the USA. The most tense moment in the struggle for the influence in Mongolia is the rivalry betw een the different discourses, pretending the exclusive right to nominate the most effective model of cooperation between Mongolia and foreign states in the ore-mining industry. Among the most well-defined discourses, there are three of them. China prefers to define the discourse of “economic feasibility”. Western states, as a rule, tend to rely on the discourse of “values community”, which includes such concepts as “democracy”, “environmentally friendly”, “transparency” Russia often uses the “geopolitical” discourse. In spite of the attractiveness and relative effectiveness of the discourse selected by Russia, there are certain limits to its use.

  12. Profitability of simple technical trading rules of Chinese stock exchange indexes

    Science.gov (United States)

    Zhu, Hong; Jiang, Zhi-Qiang; Li, Sai-Ping; Zhou, Wei-Xing

    2015-12-01

    Although technical trading rules have been widely used by practitioners in financial markets, their profitability still remains controversial. We here investigate the profitability of moving average (MA) and trading range break (TRB) rules by using the Shanghai Stock Exchange Composite Index (SHCI) from May 21, 1992 through December 31, 2013 and Shenzhen Stock Exchange Component Index (SZCI) from April 3, 1991 through December 31, 2013. The t-test is adopted to check whether the mean returns which are conditioned on the trading signals are significantly different from unconditioned returns and whether the mean returns conditioned on the buy signals are significantly different from the mean returns conditioned on the sell signals. We find that TRB rules outperform MA rules and short-term variable moving average (VMA) rules outperform long-term VMA rules. By applying White's Reality Check test and accounting for the data snooping effects, we find that the best trading rule outperforms the buy-and-hold strategy when transaction costs are not taken into consideration. Once transaction costs are included, trading profits will be eliminated completely. Our analysis suggests that simple trading rules like MA and TRB cannot beat the standard buy-and-hold strategy for the Chinese stock exchange indexes.

  13. EXPORT AND IMPORT PERFORMANCE OF INDONESIA’S AGRICULTURE SECTOR

    Directory of Open Access Journals (Sweden)

    Eva Ervani

    2015-07-01

    Full Text Available This paper aims to examine the export and import performance in comparative advantage of Indonesia’s agriculture sector. It focuses on measuring the comparative advantage using the Trade Balance Index (TBI by Lafay method.The data is based on exports and imports of Indonesian agriculture sector. By applying Lafay Trade Balance Index (TBI methods, it can be concluded that Indonesian agriculture commodity shows the positive value of TBI for export-import volume and export-import value. It means that Indonesia becomes net-exporter and has specialization in exporting agriculture commodity.Tulisan ini bertujuan untuk menguji kinerja ekspor dan impor dalam keunggulan komparatif sektor pertanian di Indonesia. Fokus penelitian ini adalah pengukuran keunggulan komparatif menggunakan Trade Balance Index (TBI dengan metode Lafay. Data yang digunakan dalam penelitian ini berdasarkan pada ekspor dan impor sektor pertanian Indonesia. Dengan menerapkan metode Lafay Perdagangan Indeks Balance (TBI, bisa disimpulkan bahwa komoditas pertanian Indonesia menunjukkan nilai positif untuk TBI volume ekspor-impor dan nilai ekspor-impor. Ini berarti bahwa Indonesia disebut sebagai net-eksportir dan memiliki spesialisasi dalam ekspor komoditas pertanian.

  14. 76 FR 11196 - Foreign-Trade Zone 158-Vicksburg/Jackson, MS, Application for Expansion of Manufacturing...

    Science.gov (United States)

    2011-03-01

    ..., tool sets, reservoir tanks, fans, air-conditioner components, filters, valves, thermostats, door roller... America, Inc. (Motor Vehicles) An application has been submitted to the Foreign-Trade Zones Board (the...

  15. Position of the European Union in the Global Trade System

    Directory of Open Access Journals (Sweden)

    Jovićević Mladen

    2017-12-01

    Full Text Available Only a few decades ago, the main drivers of globalization were the exchange of goods and capital flows, while the global trading system of today, fuelled by rapid technological changes increasingly bases itself on knowledge. The Key events - such as the use of the Internet and the increasingly important role of the rising countries economies - have contributed to a faster global exchange, but to a new nature as well. In order to illustrate the scope of the increase, perhaps it would be the best to mention the fact that in the 1970’s the share of trade in the world GDP amounted to 20%, whereas today it makes about one half. On the other hand, modern products represent compounds of raw materials, components, technologies and services originating from different areas and different continents, which has globalized the products themselves. In such conditions of the market competition, imposed by globalization and liberalization, for the European Union to remain as a leader, it had to prepare a sound and well-founded foreign policy strategy. The aim of this paper is to analyse the current position of the European Union in the global trading system, instruments of foreign trade policy, goals, foreign trade and the main challenges placed before the Union.

  16. 76 FR 40688 - Foreign-Trade Zone 71-Windsor Locks, CT Application for Expansion

    Science.gov (United States)

    2011-07-11

    ... Locks, CT Application for Expansion An application has been submitted to the Foreign-Trade Zones Board... 2 (390 acres)--within the 600-acre New England Tradeport business park located at the intersection... distribution services to area businesses. No specific manufacturing authority is being requested at this time...

  17. COMPETITIVENESS OF THE PRODUCTS AND ITS IMPACT ON THE STRUCTURE OF EXPORTS - THE CASE OF ROMANIA

    Directory of Open Access Journals (Sweden)

    TRIPA Simona

    2016-05-01

    Full Text Available The paper analyse the evolution of the competitive advantages of the main products exported by Romania in the 2000-2014 period and the connection between this evolution and the current structure of Romanian exports. In the first part we calculated the Revealed Comparative Advantage Index (RCA of Balassa, index for main groups of products exported by Romania the period 1990 to 2014 and we analysed the competitive advantage evolution. In the second part we presented the evolution of the structure of Romanian exports in 2010-2014 and we noticed that the recorded changes in structure of Romanian exports is in close correlation with the changing competitiveness of products exported by Romania. In this sense one of the most significant examples is given by the evolution recorded in exports of machinery and transport equipment that not only was raised every year but the sector succeeded and currently holds a competitive advantage in the market of these products - a market where it is knows is stiff competition. Although garment exports have recorded during the analyzed period the largest decrease, the advantages of the Romanian garment industry - labor force highly qualified endowing companies with machinery efficient, product quality achieved, flexibility and quick response to orders but also geographical position the country - still cause this sector recording still comparative advantages though its values are declining during the whole period analyzed.

  18. A Conceptual Mapping Resource Advantage Theory, Competitive Advantage Theory, and Transient Competitive Advantage

    OpenAIRE

    Jasanta PERANGINANGIN

    2015-01-01

    Competitive advantage is the main purposed of the business entity focusing on market base view. Resource advantage theorists put their concern to empowering resources development with resources based view, in the other side needs to redefining competitive advantage. All the competitive advantage are transient, concluded the end of competitive advantage. Redefining competitive advantage by selling migration and shrewdness outward. This research to emphasize innovation capability rarely appears...

  19. Going 'green': trade specialisation dynamics in the solar photovoltaic sector

    International Nuclear Information System (INIS)

    Algieri, Bernardina; Aquino, Antonio; Succurro, Marianna

    2011-01-01

    The present study aims at providing a comprehensive analysis of trade flows and the domestic value creation of the major solar photovoltaic industry at the world level. Solar technologies convert light and heat from the sun into useful energy. The use of the sun's energy can not only reduce the consumption of conventional fuels, thus reducing the emission of detrimental greenhouse gases, but it can also enable a gain in enhanced fuel and energy security along with lessening costs. In addition, green technologies and industries can promote economic growth and international competitiveness, and can offer new business and employment opportunities. It becomes, therefore, extremely important to deeply explore the dynamics of the solar photovoltaic sector. Specifically, the present work analyses the main global trends of this sector and sketches the key players on the world market, including producers, installers, and top traders. Based on an analysis of trade flows at the 6-digit level, the international specialisation patterns are investigated, and the role of various market and trade drivers, including subsidies in the uptake of solar technologies, is identified and examined. - Highlights: → Trade specialisation in solar photovoltaics is examined using an index analysis. → Trade of the US, UK and Germany has an intra-industry nature. → Trade of Italy, Greece and Japan is more inter-industry oriented. → There is a long-run relationship between PV exports, foreign income and prices.

  20. China's foreign trade and climate change. A case study of CO{sub 2} emissions

    Energy Technology Data Exchange (ETDEWEB)

    Yunfeng, Yan [Business School, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China); Laike, Yang [Center of International Finance and Risk Management, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China)

    2010-01-15

    The globalization of trade has numerous environmental implications. Trade creates a mechanism for consumers to shift environmental pollution associated with their consumption to other countries. Carbon leakage exerts great influences on international trade and economy. Applying an input-output approach, the paper estimates the amount of carbon dioxide (CO{sub 2}) embodied in China's foreign trade during 1997-2007. It is found that 10.03-26.54% of China's annual CO{sub 2} emissions are produced during the manufacture of export goods destined for foreign consumers, while the CO{sub 2} emissions embodied in China's imports accounted for only 4.40% (1997) and 9.05% (2007) of that. We also estimate that the rest of world avoided emitting 150.18 Mt CO{sub 2} in 1997, increasing to 593 Mt in 2007, as a result of importing goods from China, rather than manufacturing the same type and quantity of goods domestically. During 1997-2007, the net 'additional' global CO{sub 2} emissions resulting from China's exports were 4894 Mt. Then, the paper divides the trade-embodied emissions into scale, composition and technical effect. It was found that scale and composition effect increased the CO{sub 2} emissions embodied in trade while the technical effect offset a small part of them. Finally, its mechanism and policy implications are presented. (author)

  1. China's foreign trade and climate change: A case study of CO{sub 2} emissions

    Energy Technology Data Exchange (ETDEWEB)

    Yan Yunfeng, E-mail: yyf007@126.co [Business School, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China); Yang Laike, E-mail: lkyang@bs.ecnu.edu.c [Center of International Finance and Risk Management, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China)

    2010-01-15

    The globalization of trade has numerous environmental implications. Trade creates a mechanism for consumers to shift environmental pollution associated with their consumption to other countries. Carbon leakage exerts great influences on international trade and economy. Applying an input-output approach, the paper estimates the amount of carbon dioxide (CO{sub 2}) embodied in China's foreign trade during 1997-2007. It is found that 10.03-26.54% of China's annual CO{sub 2} emissions are produced during the manufacture of export goods destined for foreign consumers, while the CO{sub 2} emissions embodied in China's imports accounted for only 4.40% (1997) and 9.05% (2007) of that. We also estimate that the rest of world avoided emitting 150.18 Mt CO{sub 2} in 1997, increasing to 593 Mt in 2007, as a result of importing goods from China, rather than manufacturing the same type and quantity of goods domestically. During 1997-2007, the net 'additional' global CO{sub 2} emissions resulting from China's exports were 4894 Mt. Then, the paper divides the trade-embodied emissions into scale, composition and technical effect. It was found that scale and composition effect increased the CO{sub 2} emissions embodied in trade while the technical effect offset a small part of them. Finally, its mechanism and policy implications are presented.

  2. Monopolistic Competition, International Trade and Firm Heterogeneity - a Life Cycle Perspective

    DEFF Research Database (Denmark)

    Hansen, Jørgen Drud; Kvedaras, Virmantas; Nielsen, Jørgen Ulff-Møller

    This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm's life cycle. New product varieties of still higher quality enter the market every period rendering old...

  3. Competition for Export Markets and the Allocation of Foreign Aid

    DEFF Research Database (Denmark)

    Barthel, Fabian; Neumeyer, Erich; Nunnenkamp, Peter

    We account for the competition for export markets among the donor countries of foreign aid by analyzing spatial dependence in aid allocation. We employ sector-specific aid data, distinguishing between first and second stage decisions on the selection of recipient countries and the amount of aid...... allocated to selected recipients. We find that the five largest donors react to aid giving by other donors with whom they compete in terms of exporting goods and services to a specific recipient country at both stages of their allocation of aid for economic infrastructure and productive sectors. By contrast......, evidence for export competition driving aid allocation is lacking for more altruistic donors and for aid in social infrastructure....

  4. Ownership, Intra-industry trade and factor Intensities: The Case of Poland 1993-2002

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

    2004-01-01

    Using a unique database on imports and exports from public, private domestic and foreign-owned companies in Poland 1993-2002, this paper presents an analysis of the relation between intra-industry trade (IIT, measured by the Grubel-Lloyd index) and the ownership structure of Poland. Using a poole...... companies and a small positive growth for foreign-owned companies in science-based industries indicate that advanced technological spill-over effects to the Polish economy are still in their infancy.......Using a unique database on imports and exports from public, private domestic and foreign-owned companies in Poland 1993-2002, this paper presents an analysis of the relation between intra-industry trade (IIT, measured by the Grubel-Lloyd index) and the ownership structure of Poland. Using a pooled...... regression model we find a positive association between the stock of FDI and the level of IIT for foreign-owned companies but no significant spill-over effects from foreign presence to the level and development of IIT for private and public domestic companies. A negative IIT growth for private and public...

  5. Ownership, intra-industry trade and factor intensities: the case of Poland 1993-2002

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

    Using a unique database on imports and exports from public, private domestic and foreign-owned companies in Poland 1993-2002, this paper presents an analysis of the relation between intra-industry trade (IIT, measured by the Grubel-Lloyd index) and the ownership structure of Poland. Using a poole...... companies and a small positive growth for foreign-owned companies in science-based industries indicate that advanced technological spill-over effects to the Polish economy are still in their infancy.......Using a unique database on imports and exports from public, private domestic and foreign-owned companies in Poland 1993-2002, this paper presents an analysis of the relation between intra-industry trade (IIT, measured by the Grubel-Lloyd index) and the ownership structure of Poland. Using a pooled...... regression model we find a positive association between the stock of FDI and the level of IIT for foreign-owned companies but no significant spill-over effects from foreign presence to the level and development of IIT for private and public domestic companies. A negative IIT growth for private and public...

  6. Policy Recommendations for Developing Foreign-invested Enterprise in China

    Institute of Scientific and Technical Information of China (English)

    原磊

    2008-01-01

    China has undergone the three major stages in its development of foreign-invested enterprise: exploratory development, accelerated development and innovative development. This harnessing of foreign investment has resulted in tremendous success for China, including making up for the funds shortage for economic construction, promoting corporate technological progress and management expertise, easing employment pressure, increasing fiscal revenue and boosting trade. At the same time, there have been problems, including questions of economic security, environment and energy issues, unequal competition and problems with the management of foreign-invested enterprises. To promote the development of foreign-invested enterprises in both a healthy and rapid fashion, China should look toward "maintaining policy continuity, promoting the forward-looking nature of policy, strengthening policy guidance and highlighting policy innovativeness."

  7. Weather as a Competitive Factor between Local and Foreign Manufacturing Companies in Russia

    OpenAIRE

    Leppänen, Simo; Ledyaeva, Svetlana; Kosonen, Riitta

    2016-01-01

    Globalisation has sparked academic interest in companies’ competitive factors and a myriad of internal and external competitive factors have been studied. However, to our knowledge the weather of the host country has not been under study even though weather has been demonstrated to affect economic activity. This paper utilises a company-level panel data to analyse if weather has an impact on domestic and foreign manufacturing companies’ operations in Russia. Temperature was identified to have...

  8. Reexamination of the Purchasing Power Parity (PPP) under Cournot Competition

    OpenAIRE

    Dai, Meixing

    1995-01-01

    This paper reexamines the Purchasing Power Parity (PPP) in an open economy macroeconomic model with Cournot competition in the international trade of a unique good. Foreign and domestic firms have a Cournot perception of foreign and domestic markets and make separate quantity decisions for each market taking the quantity decisions of the other firm as given. In introducing the money, the balance of payments relation and the nominal exchange rate, the PPP implied by the law of one price can be...

  9. 15 CFR 2008.12 - Foreign government information.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 3 2010-01-01 2010-01-01 false Foreign government information. 2008.12 Section 2008.12 Commerce and Foreign Trade Regulations Relating to Foreign Trade Agreements OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE REGULATIONS TO IMPLEMENT E.O. 12065; OFFICE OF THE UNITED...

  10. The level of national competitiveness and the role of human capital in the creation of competitive advantage

    Directory of Open Access Journals (Sweden)

    Mitrović Vladimir

    2016-01-01

    Full Text Available The new economy is organized around global networks of capital, management and information, which is based on technology. In this dynamic and growing international trade and the emergence of aggressive competition in the competitive and global market changing rules of the game and the positions which certain factors are in creating a competitive advantage in the global market. Technological development, innovation, knowledge and skills have become crucial factors for the development of an economy and its companies. Proper management of human capital is a direct source of improving quality and productivity at work, and with it the competitiveness of the most important prerequisite for achieving this goal is quality education. Investing in people and skills is essential, because it is the only way to preserve and improve competitiveness advantage. The need for continuing education caused great dynamism of modern society, the rapid technical and technological development, especially ICT, which requires the creation of new knowledge and skills, as well as creating new occupations, but at the same time that resource must be continually developed and improved.

  11. The Effect of Competitive Advantage and Human Advantage on Industrial Competitive Strategy (Case Study: Smis in Gorontalo Province)

    OpenAIRE

    Lasalewo, Trifandi; Masruroh, Nur Aini; Subagyo; Hartono, Budi; Yuniarto, Hari Agung

    2016-01-01

    Small and Medium Industries (SMIs) have a strategic role in the Indonesian economy, as they earn 61.9 percent of the foreign exchange which goes to make up the nation’s Gross Domestic Product, and nationally they are able to absorb 97 percent of the workforce. The Global Competitiveness Report also notes that SMIs serve as the business units that affect every nation’s competitiveness. Considering this strategic role, the selection of a competitive strategy for these SMIs is absolutely necessa...

  12. Competitive position, managerial ties, and profitability of foreign firms in China: an interactive perspective

    OpenAIRE

    Julie Juan Li; Kevin Zheng Zhou; Alan T Shao

    2009-01-01

    Despite the prominence of the competitive strategy perspective, it remains unclear whether foreign firms entering China can still adopt a differentiation or low-cost position to achieve superior performance, given the unique market and institutional environments in China. Alternatively, should foreign firms follow conventional wisdom and actively build managerial ties with government officials and business community to enhance their performance? This study develops and tests an interactive pe...

  13. Trading Behavior of Foreign Vis a Vis Local Investors in The Indonesian Stock Market

    Directory of Open Access Journals (Sweden)

    Soemarso Slamet Rahardjo

    2015-04-01

    Full Text Available This paper studies the behavior of foreign, local investors and total market in a stock trading. The analysis is focused on their implementation of positive feedback strategy, the existence of mean reverting process and their sensitivity toward expected capital gain and losses. The result reveals that both of these two investors apply the positive feedback strategy, at a different degree. The investment horizon of the foreign investors is shorter than the local investors. There is a mean reverting pattern in the price volatilities. The convergence period for local investor is 2.4. The market needs 1.8 month. No convergence period for foreign investors. The local investors and total market are neutral toward expected gain and losses. The foreign investors are more sensitive to capital loss. Previous price and volume changes have a leverage effect to the current demand of foreign investors. The local investors are affected by changes in price only.

  14. 76 FR 28418 - Voluntary Termination of Foreign-Trade Subzone 33C; Sony Corporation of America, Mt. Pleasant, PA

    Science.gov (United States)

    2011-05-17

    ...-Trade Subzone 33C; Sony Corporation of America, Mt. Pleasant, PA Pursuant to the authority granted in... Industrial Development Corporation of Southwestern Pennsylvania, (grantee of FTZ 33) authorizing the establishment of Foreign-Trade Subzone 33C at the Sony Corporation of America plant in Mt. Pleasant...

  15. ROMANIAN TEXTILE INDUSTRY AND ITS COMPETITIVE ADVANTAGE

    Directory of Open Access Journals (Sweden)

    Cristiana Ioana ŞERBĂNEL

    2014-06-01

    Full Text Available Globalization has set up a new era of international trade flows and implicitly international competition. This is best understood by analyzing the rise and fall within certain industries. The Global Value Chains (GVC framework has emerged from its theoretical origins to become a major paradigm used by several international organizations. A detailed scrutiny of GVC highlightsthe manner in which new patterns of production, international trade and employment shape prospects for development and competitiveness.The purpose of the article is to address the important role of the textile sector in national economy development. Firstly, the paper addresses the presentation of textile industry at global, European and national level. Then, it presents a competitiveness sectorial approach and the analysis of innovation in textile industry.Finally, it is presented the value chain for the textile industry in Romania.

  16. The Quality of Entrepreneurial Environment as a Factor of Foreign Direct Investments Inflows

    Directory of Open Access Journals (Sweden)

    Peter Kuzmisin

    2013-12-01

    Full Text Available The content of this paper is built on the fact that foreign direct investments have the potential to influence the structure and quality of economic development and competitiveness that many scientific researches and studies have already confirmed. The paper presents entrepreneurial environment as a significant factor for increasing country’s competitiveness. It clarifies and proves relationship between entrepreneurial environment, or more precisely its barriers, and foreign direct investment inflows. The starting point is identification of the barriers of the Slovak entrepreneurial environment according to Doing Business 2012 by comparing Slovakia with the Visegrad Four Countries. Subsequently relationship of barriers (paying taxes, trading across borders, enforcing contracts, protecting investors and FDI inflows on the sample of 25 leading countries for foreign investors according to FDI Confidence Index (Brazil, China, Germany, India, USA etc. is tested by Spearman's rank correlation test. The paper specifies barriers of EE, which removal would have a real impact on increasing FDI inflows into economy of Slovakia with relevant effects on its competitiveness.Research limitations were determined by the availability of statistical data, relatively large sample of surveyed economies in the world and comparison with other assessments (indices of FDI and competitiveness of countries. Given the limits on the scope of a magazine article, we will continue in our research in more detail in the future. Specific attention in this context will be devoted to the impact of investment incentives on FDI inflows. Methodology and selection of applied testing tool in synergy with selected statistical set of datas can bring new approach to the studied field and can stimulate extension of possibilities reached in this paper. The value of this paper lays in the specification of weak points of the Slovak entrepreneurial environment in the context of  its location

  17. Central European Free Trade Agreement (CEFTA 2006 - Opportunities, Trade Relation and Evolution of Macedonian Economic Diplomacy

    Directory of Open Access Journals (Sweden)

    Krum Efremov

    2015-07-01

    Full Text Available Main activity in the foreign trade policy of the Republic of Macedonia during the past 10 years was the integration of the country on the Central European Free Trade Agreement – (CEFTA. The reason for this is the expectation that the membership of the Republic of Macedonia in CEFTA will significantly contribute to the continual efforts for strengthening the regional trade cooperation, further liberalisation of foreign trade exchange, and continuation of activities for harmonisation of trade rules with international standards. Additionally, CEFTA 2006 provides a much more comprehensive framework for development of mutual relations and economic cooperation among the countries of South Easte Europe. We will explain the concept of development of economic diplomacy in the Republic of Macedonia as a tool for supporting Macedonian economy. The purpose of these activities is to present the Republic of Macedonia as an attractive destination for foreign investments through the promotion of business advantages, and giving incentive to Macedonian export, as well as through strengthening of the country’s position as a attractive touristic destination.

  18. Emissions trading and competitiveness: pros and cons of relative and absolute schemes

    International Nuclear Information System (INIS)

    Kuik, Onno; Mulder, Machiel

    2004-01-01

    Emissions trading is a hot issue. At national as well as supranational levels, proposals for introduction of emissions trading schemes have been made. This paper assesses alternative emissions trading schemes at domestic level: (1) schemes where the total level of emissions is fixed (absolute cap-and-trade), (2) schemes where the allowable level of emissions per firm is related to some firm-specific indicator (relative cap-and-trade), and (3) mixed schemes which combine elements of the above alternatives. We present a quantitative assessment of these alternatives for climate change policy in the Netherlands. It is concluded that while relative cap-and-trade would avoid negative effects on competitiveness, it would not reduce emissions at the lowest costs. Besides, the addition of a trade system to existing relative standards does not result in additional emission reduction; it should be combined with other policy measures, such as energy taxes, in order to realise further reduction. Absolute cap-and-trade leads to efficient emissions reduction, but, implemented at the national level, its overall macroeconomic costs may be significant. The mixed scheme has as drawback that it treats firms unequal, which leads to high administrative costs. We conclude that none of the trading schemes is an advisable instrument for domestic climate policy

  19. Racial Trade Barriers?

    DEFF Research Database (Denmark)

    Bjerre, Jacob Halvas

    . This paper analyzes the racial policies pursued in the foreign trade and argues that we need to recognize Aryanization as a world-wide policy in order to fully understand its character and possible consequences. I focus on the pre-war period and analyze the case of Denmark from three different perspectives......: perpetrators, victims and bystanders. The analysis will show that race, economy and foreign trade were combined in an attempt to raise racial trade barriers. This forced the question of German racial policies on the Danish government, Danish-Jewish businesses, and German companies involved in foreign trade...

  20. Sustainable Competitive Advantage (SCA Analysis of Furniture Manufacturers in Malaysia: Normalized Scaled Critical Factor Index (NSCFI Approach

    Directory of Open Access Journals (Sweden)

    Tasmin Rosmaini

    2016-06-01

    Full Text Available The purpose of this paper is to investigate Malaysian furniture industry via Sustainable competitive advantages (SCA approach. In this case study, sense and respond method and Normalized Scaled Critical Factor Index (NSCFI are used to specify the distribution of companies’ resources for different criteria and detect the attributes which are critical based on expectation and experience of companies’ employs. Moreover, this study evaluates Malaysian furniture business strategy according to manufacturing strategy in terms of analyzer, prospector and defender. Finally, SCA risk levels are presented to show how much company’s resource allocations support their business strategy.

  1. BUSINESS DEVELOPMENT, FOREIGN DIRECT INVESTMENT AND INTERNATIONAL TRADE: A policy and economic comparative analysis for Canada

    Directory of Open Access Journals (Sweden)

    Isabel Husid

    2015-01-01

    Full Text Available The present work aims to achieve an overall view of Foreign Direct Investment and International Trade in Canada, analyzing both the current situation and the actions and policies being implemented by several provinces to promote this subject. This study will be valuable to companies and governments to understand what has been done and to support strategic planning to invest and trade with Canada, especially for the Brazilian market.

  2. Explaining Home Bias in Trade: The Role of Time Costs

    Directory of Open Access Journals (Sweden)

    Inkoo Lee

    2010-12-01

    Full Text Available We study how time costs, combined with elasticity of substitution across home and foreign goods, can explain the home bias puzzle in a framework of flexible prices. Using a simple two-country model, we show that introducing time costs to an otherwise standard competitive model improves its ability to rationalize home bias in trade. Our analysis suggests that home bias and corresponding incomplete risk-sharing naturally arise in the presence of time costs, even under the assumption of complete financial markets and low elasticity of substitution between home and foreign goods.

  3. 77 FR 38269 - Approval for Expanded Manufacturing Authority; Foreign-Trade Subzone 7M; Amgen Manufacturing...

    Science.gov (United States)

    2012-06-27

    ... Manufacturing Authority; Foreign-Trade Subzone 7M; Amgen Manufacturing Limited (Biotechnology and Healthcare... the scope of manufacturing authority on behalf of Amgen Manufacturing Limited (Amgen), within Subzone..., the Board hereby orders: The application to expand the scope of manufacturing authority under zone...

  4. 76 FR 47143 - Approval for Manufacturing Authority, Foreign-Trade Zone 153; Abbott Cardiovascular Systems, Inc...

    Science.gov (United States)

    2011-08-04

    ... Authority, Foreign-Trade Zone 153; Abbott Cardiovascular Systems, Inc., (Cardiovascular Devices), Riverside... of Abbott Cardiovascular Systems, Inc., within Sites 11-13 of FTZ 153, located in Riverside County... behalf of Abbott Cardiovascular Systems, Inc., as described in the application and Federal Register...

  5. Model Making and Anti-Competitive Practices in the Late Eighteenth-Century London Sculpture Trade

    Directory of Open Access Journals (Sweden)

    Craske, Matthew

    2014-03-01

    Full Text Available This article concerns the generation of anti-competitive practices, and the associated discontents, that rose to the fore in the London sculpture trade in the late eighteenth century (1770-1799. It charts the business strategies and technical procedures of the most economically successful practitioners, whose workshops had some of the characteristics of manufactories, and whose critics accused them of conducting a "monopoly" trade. Small-scale practitioners lost out in the competition for great public contracts on account of their design processes and their inability to represent any manifestation of "establishment". A combination of three factors increased the gap between a handful of powerful "manufacturers" and the rest of the trade: the foundation of the Royal Academy, shifts in the ways designs were evaluated, and a growing number of very lucrative contracts for public sculpture. I conclude that such were the discontents within the London trade that by the 1790s, there was a marked tendency for practitioners who were not manufacturers to be attracted to democratic political movements, to the Wilkite call for liberty and the rise of civic radicalism in the merchant population of London.

  6. 17 CFR 240.3a12-8 - Exemption for designated foreign government securities for purposes of futures trading.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Exemption for designated foreign government securities for purposes of futures trading. 240.3a12-8 Section 240.3a12-8 Commodity and... trading. (a) When used in this Rule, the following terms shall have the meaning indicated: (1) The term...

  7. Economic reform in Vietnam - the role of foreign direct investment and trade policy

    International Nuclear Information System (INIS)

    Tran, D.L.

    1998-11-01

    Vietnam was one of the five poorest countries in the world in the 1980's. Since then, Vietnam has adopted a market economic policy, and she has made substantial economic progress. In the last 10 years Meanwhile Vietnam's per capita income has increased by 3 times, the volume of export doubled very two years, and the inflation rate was reduced to 4.5 % in 1997 from 775 % in 1986. The GDP also has increased, the exchange rate with the US$ was stabilized and foreign direct investment (FDI) and trade has increased. There was about US$35 billion were invested by the foreign investors between 1987 to the middle of June 1998. However, the current crisis in the economies of Southeast Asian countries has put pressure on Vietnam to rethink seriously her future reform program with respect to stabilization and sustainable current economic policies. Since FDI is an imperative for the development of a country like Vietnam, it is necessary to use this capital very careful for her economy. Thus, the main objective of this dissertation is to study the role of FDI in the development of Vietnam. To examine this objective, various investigations were made, especially focusing on development dimensions such as reforming state enterprises, foreign trade policy, foreign investment and so on. Therefore, in the future, FDI and privatization policies should be strengthened to maintain and create an international market. Moreover, there are some major reforms required to transform the state sector into a private sector with appropriate policy measures, such as improving management of financial companies, developing the agricultural sector and minimizing bureaucracy and red tapism of the government. This dissertation provides a set of recommendations how to strengthen Vietnams economic and market situation in the 21st century. (author)

  8. Foreign investment multinational companies and economic development

    Directory of Open Access Journals (Sweden)

    Popov Đorđe

    2013-01-01

    Full Text Available There is no universal answer on the question whether foreign investments stimulate economic development. The positive effect of foreign direct investments will follow when the investments is carried out under normal conditions of competition. That means, above all, low barriers for foreign trade and the low level of restrictions for foreign owned companies. In such circumstances, multinational corporations can assist the economies of penetration to make its businesses more efficient. Foreign investors bring with them brand new types of economic activities and in that way shifting the limits of business opportunities in the countries of penetration. But if the investments are implemented in markets protected with protectionist barriers of various kinds, then they could have negative effects. The negative effects are in particularly reflected in the inefficient use of domestic resources. Foreign investments depend on the macro and micro institutional reforms, low inflation, real exchange rate, and reasonably efficient legal system that protects the property rights and encourages savings and investment. The low level of corruption, together with the foregoing conditions is a prerequisite for the creation of a stimulating environment for foreign investments.

  9. 75 FR 42377 - Foreign-Trade Zone 244-Riverside County, CA; Application for Reorganization Under Alternative...

    Science.gov (United States)

    2010-07-21

    ... application and case record and to report findings and recommendations to the Board. Public comment is invited...--Riverside County, CA; Application for Reorganization Under Alternative Site Framework An application has been submitted to the Foreign-Trade Zones (FTZ) Board (the Board) by the March Joint Powers Authority...

  10. 78 FR 39707 - Foreign-Trade Zone (FTZ) 277-Western Maricopa County, Arizona; Notification of Proposed...

    Science.gov (United States)

    2013-07-02

    ....; (Plastic Containers) Goodyear, Arizona The Greater Maricopa Foreign Trade Zone, Inc. (GMFTZ), grantee of... application is currently pending to expand FTZ 277 and include the Schoeller Arca facility as a usage-driven... plastic containers for industrial/commercial materials handling applications. Pursuant to 15 CFR 400.14(b...

  11. PRICE VS QUALITY COMPETITION AND THE SPATIAL PATTERN OF AVERAGE PRICES IN INTERNATIONAL TRADE

    Directory of Open Access Journals (Sweden)

    Mattoscio Nicola

    2012-07-01

    Full Text Available This work investigates the relationship between the average export prices and the distance between the origin and the destination market in international trade. Distance between trading partners obviously stands at the core of I international trade literature and is strictly related with the issue of how countries and firms compete on export markets when transport costs become increasingly stiff. Heterogeneous-Firm Trade (HFT models predict that only most competitive firms are able to export on distant markets, where it is more difficult to recover from freight costs. However, this simple concept does not lead to unambiguous predictions on the spatial pattern of average export f.o.b. prices. \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\r\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\

  12. The competitiveness of medicinal plants in Central Java Indonesia

    Science.gov (United States)

    Riptanti, E. W.; Qonita, R. A.; Fajarningsih, R. U.

    2018-03-01

    Indonesia hold a potential opportunity to be a pharmaceutical production country. In the other side, Indonesia facing agriculture product and market competition internationally and domestically. Improving competitiveness of specific products are aimed to hit the export market and also to be able to compete with import products in domestic market. Considering Indonesian market opportunity, therefore we perform this study aiming to examine the competitiveness of medicinal plants in Central Java area. The basic method applied in this study was descriptive and data sources are primary and secondary data. Data were analyzed using Revealed Comparative Advantage (RCA) and Trade Specialization Index (TSI) approaches. According to the study, we reveal that medicinal plant commodities in Central Java province have average score 8.52, indicating a strong comparative advantage in global markets, while the commodities appear to have average score of 0.97 at 0 to 1 range, representing a strong competitiveness. Those results are attributed to natural and environmental condition, as well as high demand of global market. This competitiveness will encourage traditional/modern medicinal industries in global market.

  13. Saving money on rig refurbishments through foreign trade zones or duty-drawback

    International Nuclear Information System (INIS)

    Ward, R.J. Jr.

    1997-01-01

    The recent boom in day rates for rigs capable of drilling in deep water and harsh environments has created a frenzy of rig refurbishment activity in shipyards located in US Gulf states. In most instances, the destination for the rigs upon completion is the US Outer Continental Shelf (USOCS) in the Gulf of Mexico. The problem faced by contractors/operators planning to use US shipyards is that this circumstance has caused difficulty in shielding rigs and their foreign-sourced components from US Customs duties. Under US Customs law, a bona fide exportation requires severance from US commerce and joining to the commerce of some foreign country or, in the case of a vessel supply, a qualifying international voyage. The USOCS does not qualify as an exportation, nor do movements to drilling sites located on it qualify as an international voyage. Described here are two possible solutions to this economic dilemma and an example of how the foreign trade zone solution was applied by Global marine in its plans for upgrading some of its semisubmersible drilling rigs for deepwater USOCS work

  14. A Closer Look at Revealed Comparative Advantage: Gross-versus Value Added Trade Flows

    OpenAIRE

    Brakman, Steven; van Marrewijk, Charles

    2015-01-01

    With the availability of international value added trade data it has become evident that gross export data and value added data do not provide the same information. Although gross exports crosses national borders and is the target of trade policy, value added data tell us what fragment in the production chain is internationally competitive in a particular country. With respect to comparative advantage the differences between the two types of data are often illustrated by means of examples usi...

  15. The Role of China in the UK Relative Imports from Three Selected Trading Regions: The Case of Textile Raw Material Industry

    Science.gov (United States)

    Xu, Junqian

    2017-01-01

    The UK textile industry was very prosperous in the past but in the 1970s Britain started to import textile materials from abroad. Since 1990, half of its textile materials have been imported from the EEA (European Economic Area), ASEAN (Association of Southeast Asian Nations) and North America countries. Meanwhile, UK imports from China have increased dramatically. Through comparisons, this paper calculates the trade competitiveness index and relative competitive advantages of regions and investigates the impact of Chinese textiles on UK imports from three key free trade regions across the textile sectors in the period 1990–2016 on the basis of United Nation Comtrade Rev. 3. We find that China’s textile prices, product techniques, political trade barriers and even tax system have made a varied impact on the UK’s imports across related sectors in the context of green trade and the strengthening of barriers, which helps us recognize China’s competitiveness in international trading and also provides advice on China’s sustainable development of textile exports. PMID:29189756

  16. Corporate income tax competition, double taxation treaties, and foreign direct investment

    OpenAIRE

    Janeba, Eckhard

    1992-01-01

    In the presence of international-capital mobility foreign direct investment is influenced by corporate income taxation and the rules how taxes paid in the host country are treated at home. In this paper the exemption, credit and deduction method are considered as tax rules. First, it is shown that under the exemption method there exist tax rate combinations that lead to a reversal of capital flows compared to a free-trade situation. Second, the decision on the tax rule and the corporate tax r...

  17. GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE

    Directory of Open Access Journals (Sweden)

    IULIA MONICA OEHLER-SINCAI

    2014-11-01

    Full Text Available The purpose of this paper is threefold. First, we review the mechanisms and determinants of vertical specialization (VS, as this has gradually become the dominant characteristic of international trade. Second, we underline that there is a rich literature regarding VS in EU trade, at aggregate and individual levels and research is advancing together with the instruments used to measure trade in value added. Third, our investigation brings to the forefront a classification of EU countries according to their GVC participation index, taking into consideration both upstream and downstream links. As a conclusion, the VS analyses help us better understand the interconnectedness among countries and industries by means of foreign direct investment, trade, labour migration and technology transfer.

  18. Transition to Market Economy in Eastern Europe

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard

    1998-01-01

    Because the transition to democracy in 1989 was a non-violent "velvet revolution", the old state monopolies were not removed. State monopolies have small-group advantages in contrast to the large group of private firms which are numerous and not yet organized. In the case of Russia, the numerous...... and small private firms were not capable of cooperating, nor were the military and the foreign trade lobbies due to internal competition and large numbers, respectively. In contrast, the energy and agrarian lobbies maintained their subsidies by cooperating and acting as allies and non-competitors. Free...... trade with the West and potential competition may mobilize popular support in favor of privatization and put pressure on the old state monopolies. However, lobbies in the European Union (EU) may oppose free trade to maintain their monopoly and to avoid competion for the Structural Funds in the EU....

  19. 78 FR 58273 - Approval for Manufacturing (Production) Authority, Foreign-Trade Zone 284, Liberty Pumps, Inc...

    Science.gov (United States)

    2013-09-23

    ... (Production) Authority, Foreign-Trade Zone 284, Liberty Pumps, Inc. (Submersible and Water Pumps), Bergen, New... (production) authority on behalf of Liberty Pumps, Inc., within FTZ 284 in Bergen, New York (FTZ Docket 5-2012... manufacturing (production) authority under zone procedures within FTZ 284 on behalf of Liberty Pumps, Inc., as...

  20. Domains of State-Owned, Privately Held, and Publicly Traded Firms in International Competition.

    Science.gov (United States)

    Mascarenhas, Briance

    1989-01-01

    Hypotheses relating ownership to domain differences among state-owned, publicly traded, and privately held firms in international competition were examined in a controlled field study of the offshore drilling industry. Ownership explained selected differences in domestic market dominance, international presence, and customer orientation, even…

  1. Long-term Development of Time Series in Foreign Trade of the Czech Republic According to SITC Categories

    Directory of Open Access Journals (Sweden)

    Jana Stávková

    2004-01-01

    Full Text Available This contribution presents results obtained by means of a time series analysis of import, export, turnover, balance of trade, coverage indicator of export with import, according to SITC classes (3rd Rev. in the Czech Republic for time interval 1993-2001. Along with description of dynamics of examined effects and their trends there following parameters were also classified: mean level, variability and percentage share of particular classification classes of foreign trade indicators.

  2. 75 FR 77588 - Foreign Futures and Options Contracts on a Non-Narrow-Based Security Index; Commission...

    Science.gov (United States)

    2010-12-13

    ... accessible under the Freedom of Information Act. FOR FURTHER INFORMATION CONTACT: Harold L. Hardman, Deputy... taxes or uses American products, materials or labor.'' \\28\\ A foreign board of trade that may seek...

  3. EXPORT ACTIVITY OF MASHINE-BUILDING ENTERPRISES WITHIN TRANSFORMATION OF UKRAINIAN FOREIGN TRADE

    OpenAIRE

    Yarosh-Dmytrenko, Liudmila Oleksiivna

    2017-01-01

    Urgency of the research. Transformational processes in Ukrainian economy and its integration to European and world economic areas set new challenges to domestic machine building. Target setting. In modern conditions, national machine building suffers from huge economic crisis and loses its competitive fight in domestic and, what is sufficiently important for the economy of Ukraine, in foreign markets. Actual scientific researches and issues analysis. The operation of Ukrainian machine buildin...

  4. Evolution of increased competitiveness in cows trades off with reduced milk yield, fertility and more masculine morphology.

    Science.gov (United States)

    Sartori, Cristina; Mazza, Serena; Guzzo, Nadia; Mantovani, Roberto

    2015-08-01

    In some species females compete for food, foraging territories, mating, and nesting sites. Competing females can exhibit morphological, physiological, and behavioral adaptations typical of males, which are commonly considered as secondary sexual traits. Competition and the development of traits increasing competitiveness require much energy and may exert adverse effects on fecundity and survival. From an evolutionary perspective, positive selection for increased competitiveness would then result in evolution of reduced values for traits related to fitness such as fecundity and survival. There is recent evidence for such evolutionary trade-offs involving male competition, but no study has considered competing females so far. Using data from competitions for dominance in cows (Bos taurus), we found negative genetic correlations between traits providing success in competition, that is, fighting ability and fitness traits related to milk production and with fertility (the inverse of parity-conception interval). Fighting ability also showed low but positive genetic correlations with "masculine" morphological traits, and negative correlations with "feminine" traits. A genetic change in traits over time has occurred due to selection on competitiveness, corresponding to an evolutionary process of "masculinization" counteracting the official selection for milk yield. Similar evolutionary trade-off between success in competition and fitness components may be present in various species experiencing female competition. © 2015 The Author(s). Evolution © 2015 The Society for the Study of Evolution.

  5. ANALYSIS OF COMPETITION INDUSTRIAL ENTERPRISES

    Directory of Open Access Journals (Sweden)

    A. O. Egorova

    2014-01-01

    Full Text Available The paper analyzed and systematized the definition of "competition" proposed by domestic and foreign scholars in the field of strategic management, based on these discovered and refined essence of the concept of "competition". We consider the price and non-price competition. Examples are given of the methods of competition used in the practice of industrial activities. Substantiated that the forms and methods of competition must be constantly improved through the search for new competitive advantages.

  6. International provision of trade services, trade, and fragmentation

    OpenAIRE

    Deardorff, Alan V.

    2001-01-01

    The author examines the special role that trade liberalization in services industries can play in stimulating trade in both services, and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders, and within foreign countries add costs, and barriers to international trade. Lib...

  7. Competitive advantage and higher fitness in native populations of genetically structured planktonic diatoms.

    Science.gov (United States)

    Sildever, Sirje; Sefbom, Josefin; Lips, Inga; Godhe, Anna

    2016-12-01

    It has been shown that the planktonic diatom Skeletonema from neighbouring areas are genetically differentiated despite absence of physical dispersal barriers. We revisited two sites, Mariager Fjord and Kattegat, NE Atlantic, and isolated new strains. Microsatellite genotyping and F-statistics revealed that the populations were genetically differentiated. An experiment was designed to investigate if populations are locally adapted and have a native competitive advantage. Ten strains from each location were grown individually in native and foreign water to investigate differences in produced biomass. Additionally, we mixed six pairs, one strain from each site, and let them grow together in native and foreign water. Strains from Mariager Fjord and Kattegat produced higher biomass in native water. In the competition experiment, strains from both sites displayed higher relative abundance and demonstrated competitive advantage in their native water. The cause of the differentiated growth is unknown, but could possibly be attributed to differences in silica concentration or viruses in the two water types. Our data show that dispersal potential does not influence the genetic structure of the populations. We conclude that genetic adaptation has not been overruled by gene flow, but instead the responses to different selection conditions are enforcing the observed genetic structure. © 2016 Society for Applied Microbiology and John Wiley & Sons Ltd.

  8. The Determinants of International Capital Movements and an Analysis in the Context of Foreign Direct Investments: A Case of Turkey

    Directory of Open Access Journals (Sweden)

    Oğuzhan AYDEMİR

    2015-07-01

    Full Text Available Foreign direct investments being an important part of the international capital movements are evaluated as the investments making in the form of reestablishing a factory in a foreign country, becoming a partner with an existing company or purchasing an established company. Foreign direct investments make a major contribution to economic development in connection with employment, technology, business information, integration with international markets and generating a sound competition environment. In view of the results which foreign direct investments give to national economy; determining the economic factors as to which national economy foreign direct investments would prefer is of great importance in terms of providing foreign capital inflows with continuity. In this regard; the factors determining foreign direct investments are estimated and the relationship between these factors and direct foreign capital inflows is analyzed in this study. As a result of the study; it is seen that gross domestic product (GDP, trade openness, unit labor cost and inflation are the economic determinants of foreign direct investments. Separately it is concluded that GDP, trade openness and unit labor cost have a positive effect on foreign direct investments and that there is negative relationship between inflation and foreign direct investments.

  9. The Japanese power equipment market - potential for foreign companies

    International Nuclear Information System (INIS)

    Bell, G.D.; Matsumoto, Satoru

    1993-01-01

    The potential for foreign companies for sales of heavy electrical equipment in Japan is assessed. The Japanese heavy electrical equipment industry (HEI) has very close links with the electricity supply industry. Traditionally a small circle of domestic manufacturers have supplied all the electric utilities. However, there is criticism in Japan of the inefficiencies which have arisen as a result of the close relationship and the cost competitiveness of domestic products has been eroded by the appreciation of the yen. The chief driving force in the opening of the market to foreign products is political, though. Friction between Japan and the USA and European Community on the subject of trade imbalance, has led the Ministry of Internal Trade and Industry to encourage major utilities to increase their imports from abroad. Consequently, opportunities now exist for foreign suppliers to gain access to the Japanese HEI market but only if they are willing to make a long term investment. Market entry is still likely to be very difficult, however, and unlikely to produce quick returns. In the longer term, though, access to the Japanese market could open up even wider opportunities. (UK)

  10. TRENDS IN ROMANIA'S AGRO-FOOD FOREIGN TRADE IN THE PERIOD 2007-2012

    Directory of Open Access Journals (Sweden)

    Agatha POPESCU

    2014-12-01

    Full Text Available The purpose of this study was the analysis of Romania's agro-food foreign trade dynamics in the period 2007-2012 in order to identify its major trends and changes. In 2012, the agro-food export reached Euro Million 2,812, and import Euro Million 3,834. The Euro Million -1,021 balance deficit proved that Romania is still a net exporting country. The EU accounts for about 72 % in export and 70% in import value, of which agro-food trade contributes by 8.90 % and, respectively by 9.54% in Romania's import. In 2012, the agro-food export structure was the following one:Vegetable products 38.66%, Prepared foodstuffs, beverages and tobacco 36.02 %, and Live animals and animal products 18.99 %, and the agro-food import structure was: Prepared foodstuffs, beverages and tobacco 38.39 %, Vegetal products 30.89 %, and Live animals and animal products 25.62 %. The main Romania's trade partners are Italy, Bulgaria, Hungary, Spain, Germany, The Netherlands, Greece, France, Austria and United Kingdom for agro-food export (88.14 % and Hungary, Germany, The Netherlands, Poland, Bulgaria, Italy, France, Austria, the Czech Republic and Greece for agro-food import (88.38 %. In the period 2007-2012, an improved efficiency of the agro-food trade was noticed in terms of export/import ratio, export value per GDP and per inhabitant, and lower and lower deficit of the trade balance.

  11. National competitiveness and absolute advantage in a global economy

    OpenAIRE

    Parrinello, Sergio

    2006-01-01

    Distinguished trade theorists maintain that a national economy cannot be uncompetitive as a whole, contrary to the frequent statements of many politicians, because a country must possess a comparative advantage in some sector according to Ricardo’s principle. In this paper the author arguesthat such a criticism addressed to the notion of national competitiveness neglects a bottom line of a national economy engaged in a global market. In this context, characterized by free capital movements an...

  12. The economic policy as factor of competitiveness in China

    Directory of Open Access Journals (Sweden)

    Juan González García

    2010-01-01

    Full Text Available The object of this article consists of establishing the relation between competitiveness and economic policy in the case of the People’s Republic of China in the period from 1948 to 2008. The hypothesis that is demonstrated throughout the presentation maintains that more than the macroeconomic stability, the economic growth is directly related to the type of economic policy that applies a nation, as it is the case of China. The historical antecedents (1948-1978, the economic policy in the days of the reform of the economy (1978-1998 and the present time in which the past and the present are crossed, constitute the huge landmarks of the work. The economic policy is analyzes in “sub political” such as the agriculturist, industrialist, prices, foreign trade, foreign affairs, fiscal, monetary, exchange and investment, competitiveness etc., taking the work to planes of better concretion.

  13. 78 FR 18314 - Foreign-Trade Zone 169-Manatee County, Florida; Application for Production Authority; ASO, LLC...

    Science.gov (United States)

    2013-03-26

    ... located within Subzone 169A, in Sarasota, Florida. The facility is used for the production of plastic and... County, Florida; Application for Production Authority; ASO, LLC; Subzone 169A (Textile Fabric Adhesive Bandage Coating and Production); Sarasota, Florida An application has been submitted to the Foreign-Trade...

  14. ANALYSING ROMANIAN INDUSTRIAL COMPETITIVENESS REGARDING THE RECENT DYNAMICS OF THE INTERNATIONAL INDUSTRIAL TRADE BALANCE

    OpenAIRE

    Felea Adrian Ioan

    2015-01-01

    The industry remains the most important sector of the national economy, although in the other member states the services have a more important share of GDP. In this context, the level of industrial competitiveness is essential for the national competitiveness. This is a characteristic feature for Romania, where the industry has an important share in the GDP, in comparison with the other member states. The international trade balance is an important indicator for measuring the economic competi...

  15. Support of the landscape amenity function of agriculture and trade liberalisation

    Directory of Open Access Journals (Sweden)

    Simona Kubíčková

    2004-01-01

    Full Text Available Recent agricultural policy and trade discussions have given increasing attention to “multifunctionality”, the notion, that agriculture provides multiple outputs that include public goods (such as landscape amenities as well as privately traded commodities. A frequent point of contention is also whether payment for the provision of non-commodity outputs distorts trade by giving domestic farmers a competitive advantage over foreign competitors. The paper reviews some requirements for environmental policy design and the role of property rights for the justification of the development of compensation programs targeted to landscape protection. The second part of the paper illustrates the possibilities, how to use results of Contingent Valuation (CV study of landscape amenity benefits of agriculture to prove eligibility for agri-environmental payments in the case of the Protected Landscape Area White Carpathians (Bílé Karpaty. It is documented in the paper, that Contingent Valuation can provide useful information about genuine concern and overall efficiency of compensation programs as well as people’s views about alternative ethical ends, besides human well-being, that policy makers should take in consideration.

  16. BRACEROS, MEXICO, AND FOREIGN TRADE.

    Science.gov (United States)

    1966

    CRITICISM OF GOVERNMENTAL POLICY RESTRICTING USE OF FOREIGN CONTRACT WORKERS ON AMERICAN FARMS IN 1965 EXPRESSES THREE POSSIBILITIES -- (1) A SEVERE DISRUPTION OF DOMESTIC FRUIT AND VEGETABLE PRODUCTION, (2) AN INCREASE OF AMERICAN INVESTMENT IN FOREIGN, PARTICULARLY MEXICAN, AGRICULTURAL PRODUCTION, AND (3) A LOSS OF UNITED STATES EXPORT MARKET…

  17. Balancing the Trade-off Between Learning Prospects and Spillover Risks

    DEFF Research Database (Denmark)

    Perri, Alessandra; Andersson, Ulf; Nell, Phillip Christopher

    2013-01-01

    This paper investigates local vertical linkages of foreign subsidiaries and the dual role of such linkages as conduits for learning as well as potential channels for spillovers to competitors. On the basis of data from 97 subsidiaries, we analyze the quality of such linkages under varying levels ...... find a curvilinear relationship between the extent of competitive pressure and the quality of local linkages confirming our argument of a trade-off between learning prospects and spillover risks. Furthermore, the level of subsidiary capabilities moderates this relationship.......This paper investigates local vertical linkages of foreign subsidiaries and the dual role of such linkages as conduits for learning as well as potential channels for spillovers to competitors. On the basis of data from 97 subsidiaries, we analyze the quality of such linkages under varying levels...... of competition and subsidiary capabilities. Our theoretical development and the results from the analysis document a far more complex and dynamic relationship between levels of competition and MNCs’ local participation in knowledge intensive activities, i.e. learning and spillovers, than previous studies do. We...

  18. Algorithm of developing competitive strategies and the trends of realizing them for agricultural enterprises

    Directory of Open Access Journals (Sweden)

    Viktoriia Boiko

    2016-02-01

    Full Text Available The paper specifies basic stages of developing and realizing the strategy of enhancing competitiveness of enterprises and represents an appropriate algorithm. The study analyzes the economic indexes and results of the activity of the agrarian enterprises in Kherson region and provides competitive strategies of efficient development of agrarian enterprises with different levels of competitiveness and specifies the ways of realizing them which will contribute to the optimal use of the available strategic potential

  19. Monopolistic Competition, International Trade and Firm Heterogeneity - a Life Cycle Perspective

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller; Hansen, Jørgen Drud

    This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm's life cycle. New product varieties of still higher quality enter the market every period rendering old...... varieties obsolescent in a process of creative destruction. For given technology (variety) production costs decrease after an infant period due to learning. It is shown that several patterns of exports may arise depending primarily on the size of fixed trade costs. At a given point in time firms therefore...... differ due to different age, although all firms are symmetric in a life cycle perspective. The paper thus offers an alternative view on firm heterogeneity compared with other recent papers, where productivity differences appear as an outcome of a stochastic process....

  20. Components of foreign object management as

    Directory of Open Access Journals (Sweden)

    V.Yu. Gordopolov

    2016-12-01

    Full Text Available In the article the components of foreign economic activity as objects of accounting and management, and analysis of current legislation and scientific literature that allowed classification form shapes and types of foreign economic activities that contribute to the planning process in the enterprise, as well as building an effective system of management and accounting, economic analysis and internal control. As part of the classification described basic forms, types of foreign trade, especially their implementation and legal regulation. On the basis of basic forms and types of foreign trade, set a number of problems conceptual-categorical apparatus applicable law. A nine treatments categories–operations of foreign economic activity of fixing specific legal acts. Operations of foreign economic activity (import transactions, export transactions, international transactions, securities, credit and foreign payment transactions, foreign rental operations, international leasing, foreign exchange transactions, foreign investments and operations associated with the joint activity identified as about objects accounting in foreign trade and is divided according to types of business entities (operating, financial and investment.

  1. IBERINCO in the foreign trade: the integration experience

    International Nuclear Information System (INIS)

    Lopez, F. J.; Sanchez Mayoral, M. L.; Garcia, P. J.

    2002-01-01

    The universal tendencies show that nations integrate into large communities to strengthen each other and to share cultures and economies. The integration goes beyond free commerce treaties, opening of the import and export trade shaping unified policies on private sector and reaches into daily life and in the practice of organisations, generating substantial changes in the way of life of people. The companies that will survive in the X XI century will not operate in isolated mood but will have to be able to integrate products and services from other sources adding in the process the value obtained from their basic skills surrounding around their products others non specific of their business and offering to their customers products and services well defined that will make them more valuable and different from their competitions. (Author)

  2. Consistencia de indicadores de especialización en el comercio internacional. Aplicación al caso de la mantequilla en Argentina y Uruguay // Consistency of Specialization Indicators. An Application to Argentina and Uruguay Butter International Trade

    Directory of Open Access Journals (Sweden)

    Depetris Guiguet, Edith

    2010-01-01

    Full Text Available Este artículo tiene como objetivo evaluar, en términos de su consistencia cardinal, ordinal y dicotómica, cinco indicadores alternativos de especialización comercial. Tres están basados en el enfoque de las ventajas comparativas reveladas: una versión simétrica del índice de Balassa, el chi-cuadrado y el índice de Ventajas Relativas del Comercio. Los otros dos están basados en el enfoque de la balanza comercial: una variante del índice de Michaely y otra del índice de Iapadre. Se aplica al caso particular del comercio mundial de mantequilla de Argentina y Uruguay en el período 1995-2006. Los resultados varían entre los dos países, habiéndose encontrado que algunos indicadores podrían utilizarse de manera sustitutiva mientras que otros deberían utilizarse de manera complementaria. En términos económicos, se detecta una especialización fluctuante según los años en Argentina y mucha estabilidad en Uruguay. // This study aims to evaluate, in terms of their cardinal, ordinal, and dichotomy consistency, five alternative comercial specialization indicators: a Balassa symmetric index version; a Chi-Squared Index; and the Relative Trade Advantage Index, all these three based on revealed comparative advantage theory; and two additional: Michaely Index variation, and Iapadre Index variation, based on trade balance flows. It is applied to the particular case of Argentina and Uruguay butter world trade during 1995-2006. The results vary for both countries. Some indicators are found to be useful as substitutes while other in a complementary manner. Economically, the indicators show that the Argentine specialization fluctuates among years while the Uruguayan is very stable.

  3. 75 FR 64694 - Approval for Expanded Manufacturing Authority; Foreign-Trade Subzone 33E; DNP IMS America...

    Science.gov (United States)

    2010-10-20

    ... Manufacturing Authority; Foreign-Trade Subzone 33E; DNP IMS America Corporation (Thermal Transfer Ribbon Printer..., grantee of FTZ 33, has requested an expansion of the scope of manufacturing authority on behalf of DNP IMS...-6636, 2/10/2010) and the application has been processed pursuant to the FTZ Act and the Board's...

  4. Competitiveness of Slovakia and the Economic Crisis

    Directory of Open Access Journals (Sweden)

    Silvia Ručinská

    2009-12-01

    Full Text Available The impacts of financial crisis in the beginning of this year have also been felt by the Slovak economy. It could be argued that the competitiveness of Slovakia is under the influence of the world economic crisis, as it is a small, open and pro-export oriented economy, hence influenced by foreign markets. Because of limited extent of domestic market, the foreign demand plays a key role in economic growth, a role that depends on the development of international economic affairs. As the biggest Slovak trade partners are in a deep recession, it induces a slowdown in the domestic economy as well. Financial problems of numerous banks in these countries, in combination with the growing lack of trust in the performance of the economies have resulted in a decline in demand and consumption, which had its effects on Slovakia as well. Based on our analysis of the manifestations and consequences of the financial crisis we show the effects on competitiveness of Slovakia, as well as on public policy.

  5. Trade policy, health, and corporate influence: British American tobacco and China's accession to the World Trade Organization.

    Science.gov (United States)

    Holden, Chris; Lee, Kelley; Gilmore, Anna; Fooks, Gary; Wander, Nathaniel

    2010-01-01

    Tobacco market liberalization can have a profound impact on health. This article analyzes internal documents of British American Tobacco (BAT), released as a result of litigation in the United States, in order to examine the company's attempts to influence negotiations over China's accession to the World Trade Organization. The documents demonstrate that BAT attempted to influence these negotiations through a range of mechanisms, including personal access of BAT employees and lobbyists to policymakers; employment of former civil servants from key U.K. government departments; use of organized business groups such as the Multinational Chairmen's Group and the European Round Table; and participation and leadership in forums organized by Chatham House. These processes contributed to significant concessions on the liberalization of the tobacco market in China, although the failure to break the Chinese state monopoly over the manufacture and distribution of cigarettes has ensured that foreign tobacco companies' share of the Chinese market has remained small. World Trade Organization accession has nevertheless led to a profound restructuring of the Chinese tobacco industry in anticipation of foreign competition, which may result in more market-based and internationally oriented Chinese tobacco firms.

  6. Crescimento da firma e comércio exterior: revisitando a teoria de Adrian Wood Growth of the firm and foreign trade: Adrian Wood's theory revisited

    Directory of Open Access Journals (Sweden)

    Fabrício Catermol

    2006-06-01

    Full Text Available This paper analyzes the growth of the firm by foreign trade. The theory of Adrian Wood is revisited for the analysis of growth and profit trade-off and improved to cope with growth by exports. The main outcome of this paper is that low domestic demand can be a very important factor to firm choices growth by foreign market. However, the growth of domestic demand does not necessarily reduce exports.

  7. Essays on Multinational Production and International Trade

    DEFF Research Database (Denmark)

    Clementi, Federico

    This Thesis consists of an introduction followed by three independent chapters. Each chapter is a self-contained paper that can be read independently. They cover different topics of international economics with a specific focus on multinational production and international trade. A common feature...... the intensity of spillovers to local suppliers. Domestic firms benefit only from the activity of foreign clients that are not vertically integrated in their industry. In the last chapter, I use a detailed dataset of international transactions of Danish companies to study the impact of Chinese competition...

  8. Foreign trade and declining pollution in Sweden: a decomposition analysis of long-term structural and technological effects

    International Nuclear Information System (INIS)

    Kander, Astrid; Lindmark, Magnus

    2006-01-01

    This article examines whether there exists any causal relationship between foreign trade and declining pollution in developed countries. In other words, do developed countries outsource their problems to less developed countries rather than solve them? The case study is the Swedish economy and the two environmental indicators employed are energy consumption and CO 2 emissions. No causal relationships are found, since Sweden has long been a net exporter of embodied energy and CO 2 and continues to be so after 1970, when energy consumption stabilizes and CO 2 emissions decline. In addition, the ratios of net exported energy and CO 2 to total consumption remain stable, which means there were no effects on the energy intensity or CO 2 intensity either. These results suggest that internal forces, like efficiency improvements, changed consumption patterns and transformation of the energy system, have been crucial for relative environmental improvement in Sweden, while foreign trade has played no role

  9. The Influence of Low-carbon Economy on Global Trade Pattern

    Science.gov (United States)

    Xiao-jing, Guo

    Since global warming has seriously endangered the living environment of human being and their health and safety, the development of low-carbon economy has become an irreversible global trend. Under the background of economic globalization, low-carbon economy will surely exert a significant impact on global trade pattern. Countries are paying more and more attention to the green trade. The emission permits trade of carbon between the developed countries and the developing countries has become more mature than ever. The carbon tariff caused by the distribution of the "big cake" will make the low-cost advantage in developing countries cease to exist, which will, in turn, affect the foreign trade, economic development, employment and people's living in developing countries. Therefore, under the background of this trend, we should perfect the relevant laws and regulations on trade and environment as soon as possible, optimize trade structure, promote greatly the development of service trade, transform thoroughly the mode of development in foreign trade, take advantage of the international carbon trading market by increasing the added value of export products resulted from technological innovation to achieve mutual benefit and win-win results and promote common development.

  10. IMPACT OF EUROPEAN INTEGRATION ON COMPETITIVENESS OF CZECH REGIONS

    Directory of Open Access Journals (Sweden)

    Dušan Litva

    2017-12-01

    Full Text Available Economic integration supports removal of all obstacles (in economy, trade, tax, administration or industrial area and establishment of common rules for market competition. Basic benefit of economic integration is thus occurrence of real or potential competitiveness effects. European integration can influence competitiveness of firm, regions or countries. There are existing agglomeration forces causing space and economic concentration and disperse forces working just opposite way. Both effects are influenced by access to a single market and removal of trade barriers. As a consequence, agglomeration effects are expected to dominate. European Commission established RCI (Regional Competitiveness Index to enable comparison of competitiveness of European regions. Aim of this study is exploration of changes in competitiveness of Czech regions after accession to the European Union as there are no studies analysing regional competitiveness in Czech Republic as a consequence of European integration process via index based approach. Analysis of z statistics of primarily data published by European Commission is used to evaluate theoretical concept of disperse and agglomeration forces. Based on RCI analysis are obvious growing discrepancies with dominant position of Prague and Central Bohemia in comparison with other Czech Regions. Significant differences can be seen in areas of innovations, business sophistication and education. On the opposite, positively can be evaluated lower variability of competitiveness between Czech regions in indicators of infrastructure, institutions and technological readiness. Those indicators could be influenced by European cohesive and regional politics. Decisions on governmental level should follow Europe 2020 strategy and transformation to knowledge based economy.

  11. Strategic analysis on establishing a natural gas trading hub in China

    Directory of Open Access Journals (Sweden)

    Xiaoguang Tong

    2014-12-01

    Full Text Available Since 2010, the LNG importing price premium in the Asia–Pacific markets has become increasingly high, generating great effects on the economic development in China. In addition, the natural gas dependence degree is expanding continuously, making it extremely urgent to establish a natural gas trading hub in China, with the aim to ensure national energy security, to gain the pricing power, and to build the regional benchmark prices. Through a comparative analysis of internal strength/weakness and external competitiveness, we concluded that with intensively-issued supporting policies on the natural gas sector, the initiation of spot and futures markets, the rapid growth of gas production and highly-improved infrastructures, as well as Shanghai's advantageous location, China has more advantages in establishing an Asian Natural Gas Trading Hub than other counties like Singapore, Japan and Malaysia. Moreover, based on the SWOT (strength, weakness, opportunity and threat and the marketization process analysis, the following strategies were presented: to impel the establishment of a natural gas trading hub depending on the gas supply condition, to follow the policies to complete the gas storage system, to form regional communities by taking comparative advantages, and to reinforce the marketization reform and regulation system establishment with foreign experiences for reference. This study rationalized the necessity and practicality of establishing a natural gas trading hub in China and will help China make a proper decision and find a periodical strategic path in this sector.

  12. 75 FR 59695 - Foreign-Trade Zone 169-Manatee County, Florida; Extension of Subzone; Aso LLC (Adhesive Bandage...

    Science.gov (United States)

    2010-09-28

    ... Blvd., within the International Trade Industrial Park, east of Sarasota (Sarasota County), Florida... competitiveness. In accordance with the Board's regulations, Diane Finver of the FTZ Staff is designated examiner...

  13. Modeling Philippine Stock Exchange Composite Index Using Time Series Analysis

    Science.gov (United States)

    Gayo, W. S.; Urrutia, J. D.; Temple, J. M. F.; Sandoval, J. R. D.; Sanglay, J. E. A.

    2015-06-01

    This study was conducted to develop a time series model of the Philippine Stock Exchange Composite Index and its volatility using the finite mixture of ARIMA model with conditional variance equations such as ARCH, GARCH, EG ARCH, TARCH and PARCH models. Also, the study aimed to find out the reason behind the behaviorof PSEi, that is, which of the economic variables - Consumer Price Index, crude oil price, foreign exchange rate, gold price, interest rate, money supply, price-earnings ratio, Producers’ Price Index and terms of trade - can be used in projecting future values of PSEi and this was examined using Granger Causality Test. The findings showed that the best time series model for Philippine Stock Exchange Composite index is ARIMA(1,1,5) - ARCH(1). Also, Consumer Price Index, crude oil price and foreign exchange rate are factors concluded to Granger cause Philippine Stock Exchange Composite Index.

  14. A New Measure of Competition in Indian Loan Market

    Directory of Open Access Journals (Sweden)

    Jugnu Ansari

    2013-11-01

    Full Text Available This study endeavours at measuring bank competition in Indian loan market using a new competitiveness index, the Augmented Relative Profit Difference (ARPD, which quantifies the impact of marginal costs on performance, measured in terms of market shares. This study yields two major insights. First, the theoretical foundation of the ARPD is very robust as compared to other conventional measures. Second, applying this unbiased competition indicator to Indian bank loan markets shows that financial reform indeed has contributed to significant improvements in competition. As regards, the competition among specific types of banks, we found public sector banks and private sector banks are comparatively more competitive than foreign banks. The empirical finding indicates that the Indian loan market is monopolistic in nature.

  15. A Comparative Study of Trade Relations and the Spatial-Temporal Evolution of Geo-Economy between China and Vietnam

    Directory of Open Access Journals (Sweden)

    Teng Ma

    2017-06-01

    Full Text Available With the increasing economic importance of the Asia-Pacific Region, the economic interdependence among countries in the region has gradually enhanced. With the continuous opening up of the two countries, Sino-Vietnamese economic relations have also been deepened. However, the export trade between Vietnam and China has been competitive. China and Vietnam seek to dominate or join an agreement that is conducive to their own trade, which also exacerbates the trade competition between the two countries. This paper compares China and Vietnam and analyzes their foreign trade data from 2005 to 2014. By analyzing the competitiveness of export commodities, the trade division effect and spatio-temporal changes of the geo-economic relationship in the Asia-Pacific Region, this study explores Sino-Vietnamese trade relations and compares the pattern of geo-economic evolution between the two countries. The findings show that China and Vietnam have similarities and substitutability in textiles, apparel and footwear in terms of commodity structure. There is already a trade diversion effect between Vietnam and China on these commodities, but it is not substantial. From a geographic perspective, China’s geo-economic relations in the Pacific Rim present an increasingly dispersed trend. However, the spatial pattern of Vietnam’s geo-economy has maintained a low-level and stable spatial agglomeration over the last decade.

  16. The Competitive Potential of the Belorussian Economy

    OpenAIRE

    Migranyan, A.

    2014-01-01

    The article is an attempt to study the factors of the competitive capacity of Belorussian economy. There are two groups of factors of competitive potential and competitive advantages' formation: internal (changes in resource allocation) and external factors (adaptation to external shocks). The study found that the main source of the increase of competitive capacity of the Belorussian economy were foreign. The competitive potential of Belarus was formed on the basis of the increased exports. H...

  17. Trade, investment and the environment

    International Nuclear Information System (INIS)

    Ward, H.; Brack, D.

    2000-01-01

    As liberalisation of global trade and investment accelerates, what happens to the environment? As the world heads for confrontation in Seattle, the questions intensify. Does foreign direct investment mean forsaking environmental protection? Or do multinational corporations export higher standards when they invest abroad? Can a powerful trading nation ban imports of tropical timber produced unsustainably? Should the World Trade Organisation take the views of industry or environmental groups into account when deciding? Must world trade rules be changed to accommodate environmental concerns? This book analyzes key issues in this increasingly controversial arena and includes contributions from Renato Ruggiero, former Director General of the World Trade Organization; The Rt Hon Brian Wilson MP, former UK Minister of Trade; Dr Magda Shahin, Deputy Assistant Minister of Foreign Affairs at the Egyptian Ministry of Foreign Affairs; Pradeep Mehta, Secretary General, Consumer Unity and Trust Society, India; and Dr Michel Potier, Head of the Economics Division at the OECD's Environment Directorate. (Author)

  18. 77 FR 55455 - Approval for Manufacturing Authority Foreign-Trade Zone 72, Brevini Wind USA, Inc., (Wind Turbine...

    Science.gov (United States)

    2012-09-10

    ... Authority Foreign-Trade Zone 72, Brevini Wind USA, Inc., (Wind Turbine Gear Boxes), Yorktown, IN Pursuant to... Wind USA, Inc., within FTZ 72 in Yorktown, Indiana (FTZ Docket 54-2011, filed 8-11-2011); Whereas... procedures within FTZ 72 on behalf of Brevini Wind USA, Inc., as described in the application and Federal...

  19. Biophysical structure of the Ecuadorian economy, foreign trade, and policy implications

    International Nuclear Information System (INIS)

    Vallejo, Maria Cristina

    2010-01-01

    At the core of this paper lays the notion that a systematic analysis of material flow accounts enables us to discuss the sustainability of an economic model. Ecuador is going through a socio-ecological transition from an agrarian towards an industrial regime, based on the use of nonrenewable sources of materials and energy. Direct material flow indicators are used in this article to analyze the ecological dimension of the economy of Ecuador during 1970-2007. This approach enables the concept of societal metabolism to become operative. The paper compares societal metabolic profiles showing that per capita use of materials is still at about one-fifth of the average in the high income countries of the world. Physical flows of trade indicate that there is an ecologically unequal exchange. Whereas a positive trade balance is desirable from an economic policy, its counterpart in physical units has been a persistent net outflow of material resources, the extraction of which causes environmental impacts and social conflicts. (author)

  20. Biophysical structure of the Ecuadorian economy, foreign trade, and policy implications

    Energy Technology Data Exchange (ETDEWEB)

    Vallejo, Maria Cristina [Facultad Latinoamericana de Ciencias Sociales, Pradera E7-174 y Avenida Diego de Almagro, Quito (Ecuador)

    2010-12-15

    At the core of this paper lays the notion that a systematic analysis of material flow accounts enables us to discuss the sustainability of an economic model. Ecuador is going through a socio-ecological transition from an agrarian towards an industrial regime, based on the use of nonrenewable sources of materials and energy. Direct material flow indicators are used in this article to analyze the ecological dimension of the economy of Ecuador during 1970-2007. This approach enables the concept of societal metabolism to become operative. The paper compares societal metabolic profiles showing that per capita use of materials is still at about one-fifth of the average in the high income countries of the world. Physical flows of trade indicate that there is an ecologically unequal exchange. Whereas a positive trade balance is desirable from an economic policy, its counterpart in physical units has been a persistent net outflow of material resources, the extraction of which causes environmental impacts and social conflicts. (author)

  1. When Procedural Legitimacy Equals Nothing: Civil Society and Foreign Trade Policy in Brazil and Mexico

    Directory of Open Access Journals (Sweden)

    Vinícius Rodrigues Vieira

    2016-01-01

    Full Text Available Abstract Non-state actors contribute with inputs to the elaboration of the national interest in trade negotiations, thus enhancing its legitimacy. Nevertheless, does the participation of those actors necessarily equal influence on the part of all segments of civil society on policymaking? To answer the question, I argue that procedural legitimacy should be evaluated not only in relation to the inputs society provides to the State, but should also consider whether officials actually analyse societal contributions in decision-making. I demonstrate the empirical application of the model based upon Brazil's experience in multilateral trade negotiations during the 2000s, using Mexico as a shadow case. I conclude that foreign trade policymaking can only be democratised if, in procedural legitimacy, the State attributes equal weight to contributions from all types of societal actors, including civil society organisations and organised social movements, which tend to have less material resources and power than interest groups such as business associations and labour unions.

  2. Environmentally Responsible Trade and Its Importance for Sustainable Forestry

    Directory of Open Access Journals (Sweden)

    Olena Maxymets

    2006-06-01

    Full Text Available This article focuses on the environmental component of trade, primarily foreign trade, which concerns the interests of many countries. It examines the reciprocal influence of foreign trade and the environment. The author defines environmentally responsible trade and formulates its main principles. She examines the development of trade in forest products globally and in Ukraine and evaluates the impact of different trade restrictions on the condition of forests and the forestry industry. Indicators of the efficiency of foreign trade from the economic and environmental perspectives are proposed. Underlining the need for enterprises to switch over to environmentally responsible trade, the author proposes instruments to achieve this end.

  3. Effects and Implications for Adoption of Brokerage System in Korea's Foreign Exchange Market

    Directory of Open Access Journals (Sweden)

    Yunjong Wang

    1999-03-01

    Full Text Available Since January 1st 1999, the South Korean government has begun to establish the understructure of the foreign exchange market in order to achieve the liberalization of foreign exchange. As one of the plans, the trade of foreign exchange which was under the monopolized mediation of the capital medium of financial settlement center will be in the charge of several commercial brokers. In the developed countries, the foreign exchange & stock system and the liberalization of foreign exchange are both widely used in a flexible way. So it is predicted that the introduction of commercial foreign exchange & stock system will bring positive effect to the enhancement of the market efficiency and the function of price both in South Korean market and overseas market, the foster of competitive power of the domestic broker and the improvement of the understructure of domestic foreign exchange market. But more importantly is that the foreign exchange market must expand the scale of its participator, bring in various relevant foreign exchange products and develop the bond market which has a close relationship with the foreign exchange market for further development.

  4. THE CONCEPT OF INTERNATIONAL TRADE AND MAIN CLASSIC THEORIES

    Directory of Open Access Journals (Sweden)

    Elena Ramona TERZEA

    2016-07-01

    Full Text Available Taking into account the major impact that international trade has on the economy and on the people’s lives, and considering its effects on the economic growth, the foreign commerce has to be well understood so that the commercial policies have to be well elaborated, implemented and followed. The theories of international trade are extremely important in order to determine the flows, but especially in the anticipation of the evolution of the forces that influences its dymanic. The theories regarding the foreign trade are used also by the big companies, by their managers, in their attempt to identify the most advantageous strategies of internationalizations, on the most promising markets.

  5. Does AFTA Create More Trade for Thailand? An Investigation of Some Key Trade Indicators

    Directory of Open Access Journals (Sweden)

    Piriya Pholphirul

    2010-04-01

    Full Text Available This paper examines whether the ASEAN Free Trade Agreement (AFTA creates trade for Thailand or actually diverts it away from the country. It does this by analyzing various trade indicators: the Export Similarity Index, the Intra-Industry Trade Index, and Revealed Comparative Advantage (RCA rank correlation. By examining the patterns of trade between Thailand and other members of ASEAN, it reveals a high degree of similarity regarding the trade structure between Thailand and AFTA, which indicates that there will be fewer trade-creation benefits from AFTA and a greater likelihood of trade diversion once the AFTA scheme has been fully implemented. This similarity pattern explains the reasons for future collaboration among member countries and supportive arguments for the future extension of ASEAN ("ASEAN+". Market-penetration and development strategies should be employed by Thai exporters when accessing the ASEAN market.

  6. Non-financial Results of Performance Indicators of Trade and Industry Chambers in Ukraine

    Directory of Open Access Journals (Sweden)

    Bogdana V. Aleksandrova

    2014-03-01

    Full Text Available The article deals with non-financial results review of Trade and Industry Chamber, the assessment of competitiveness in the Ukrainian market. To achieve the desired goal we should do the following: 1.\tIdentify categories of research 2.\tSystemize available statistics. 3.\tTo evaluate dynamics of main categories 4.\tConduct an assessment of non-financial indicators of Trade and Industry Chamber 5.\tIdentify the level of competitiveness of Trade and Industry Chamber of Ukraine on domestic market. Methods used by author to address these issues: index-linked, method of correlation analysis, method of expert assessment. As a result of the study, non-financial indicators of organization’s activities have been analyzed, the dynamics of membership base and the scope of delivered services have been identified as well as the level of organization’s competitiveness. The most promising services have been highlighted.

  7. 75 FR 23227 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-05-03

    ... DEPARTMENT OF AGRICULTURE Foreign Agricultural Service Trade Adjustment Assistance for Farmers AGENCY: Foreign Agricultural Service, USDA. ACTION: Notice. The Administrator, Foreign Agricultural... be obtained at the Web site for the Trade Adjustment Assistance for Farmers program. The URL is http...

  8. 75 FR 23226 - Trade Adjustment Assistance for Farmers

    Science.gov (United States)

    2010-05-03

    ... DEPARTMENT OF AGRICULTURE Foreign Agricultural Service Trade Adjustment Assistance for Farmers AGENCY: Foreign Agricultural Service, USDA. ACTION: Notice. The Administrator, Foreign Agricultural... Web site for the Trade Adjustment Assistance for Farmers program. The URL is http://www.fas.usda.gov...

  9. COMPETITIVE ADVANTAGE IN THE ENTERPRISE PERFORMANCE

    Directory of Open Access Journals (Sweden)

    PRUNEA Ana Daniela

    2014-07-01

    Full Text Available Rapid changes in market characteristics and the technological innovations are common and faster challenges, resulting in products, processes and technologies. The competitive advantage is volatile, difficult to obtain and more difficult to maintain and strengthened with consumers who through their individual choices polarization confirms the recognition performance and award competitive advantages, thus causing the competitive ranking of companies present in a particular market. The competitive advantage lies in the focus of the performance of companies in competitive markets and innovation is a source for obtaining and consolidating it. Companies will need to demonstrate the capacity to adapt to changes in the business environment so as to maintain the helded positions. This paper treats this aspect behavior that companies should adopt to get on the account of innovation a sustainable competitive advantage. I started of the work in the elaboration from the theory of developed by Michael Porter in his book "Competitive Advantage: Creating and Sustaining Superior Performance" we applied methods listed thus trying to point out possible ways of creating competitive advantage by companies. We have presented the sources of competitive advantage and the factors on which depends its creation. Walking theoretical research revealed how lack of competitive advantage leads to a lack of competitiveness of companies and the benefits that arise with the creation of this type of asset. Among the most important benefits is to increase performances. Once the competitive advantage is achieved, it must be maintained and updated market conditions and the methods that can be created a sustainable competitive advantage represent the answers to many of the companies questions are fighting for survival in an environment of fierce competition. The implementation of methods for obtaining competitive advantages, but also exist dangers, that every company should know them

  10. 78 FR 55057 - Authority To Manufacture Carbon Fiber for the U.S. Market Not Approved; Foreign-Trade Subzone...

    Science.gov (United States)

    2013-09-09

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1914] Authority To Manufacture Carbon... behalf of Toho Tenax America, Inc. (TTA), to manufacture carbon fiber under zone procedures for the U.S... approve the application requesting authority to manufacture carbon fiber for the U.S. market under zone...

  11. The Belgian Minister of Economy, Energy, Foreign Trade and Science Policy, Marc Verwilghen, with CERN's Director-General, Robert Aymar.

    CERN Multimedia

    Michel Blanc

    2005-01-01

    Marc Verwilghen, Belgian Minister of Economy, Energy, Foreign Trade and Science Policy, came to CERN on 8 April 2005, where he visited the CMS assembly hall and underground cavern, as well as the hall where the LHC superconducting magnets are being tested.

  12. Devizové intervence ČNB a jejich vliv na zahraniční obchod ČR

    OpenAIRE

    Kramoliš, Jan

    2015-01-01

    This thesis analyzes impact of domestic currency depreciation caused by foreign exchange intervention of Czech National Bank (CNB) in November 2013 on foreign trade between Czech Republic and Eurozone. The total volume of Czech foreign trade has been growing, but in recent years Czech Republic loses price competitiveness and comparative advantage on the European market. Foreign exchange intervention promote export, but only if the J-curve occurs. Concept of the J-curve states that in the shor...

  13. Why Does Emissions Trading under the EU ETS Not Affect Firms' Competitiveness? Empirical Findings from the Literature

    OpenAIRE

    Joltreau, Eugénie; Sommerfeld, Katrin

    2017-01-01

    Environmental policies may have important consequences for firms’ competitiveness or profitability. However, the empirical literature shows that hardly any statistically significant effects on firms can be detected for the European Union Emissions Trading Scheme (EU ETS). On the basis of existing literature, we focus on potential explanations for why the empirical literature finds hardly any significant competitiveness effects on firms, least not during the first two phases of the scheme (...

  14. S&P500 Forecasting and Trading using Convolution Analysis of Major Asset Classes

    OpenAIRE

    Papaioannou, Panagiotis; Dionysopoulos, Thomas; Janetzko, Dietmar; Siettos, Constantinos

    2016-01-01

    By monitoring the time evolution of the most liquid Futures contracts traded globally as acquired using the Bloomberg API from 03 January 2000 until 15 December 2014 we were able to forecast the S&P 500 index beating the Buy and Hold trading strategy. Our approach is based on convolution computations of 42 of the most liquid Futures contracts of four basic financial asset classes, namely, equities, bonds, commodities and foreign exchange. These key assets were selected on the basis of the glo...

  15. THE ROMANIAN EXTERNAL TRADE IN LIVE ANIMALS AND ANIMAL PRODUCTS

    Directory of Open Access Journals (Sweden)

    Ionela MiĠuko VLAD

    2012-01-01

    Full Text Available In terms of foreign trade, in Romania there were some major changes over the past 20 years. In this paper we have focused on the Romanian external trade. The products which have been taken into account were live animals and animal products. Thus, we have made an analyse on the Romanian imports and exports at the global level and at the European level. Focused on the animal products, on the global level, there were registered major differences during the first seven years in the analysed period. Breaking by branches, we have pointed out huge distinctions between imports and exports, where the balance of trade was completely negative. Meanwhile, to have a good view on the international trade there were made links, based on some indexes between imports, exports, GDP and investments.

  16. The Spatial Econometric Analysis of China’s Banking Competition and Its Influential Factors

    Directory of Open Access Journals (Sweden)

    Ying Li

    2015-12-01

    Full Text Available This paper determines alternative indexes to measure banking competition from the perspective of industrial economics. Spatial correlation of competition in China’s banking environment is studied from the perspective of spatial economics. A spatial panel data model is built to make an empirical study of factors influencing banking competition. The results show that the global autocorrelation test index Moran’s I indicates that China’s banking competition has obvious spatial correlation characteristics and significant spatial clustering. The space LISA map indicates that banking competition in most provinces has the characteristics of spatial dependence, and only a few provinces have the characteristics of spatial heterogeneity. Human capital, economic growth, financial scale of development, and foreign direct investment all have a significant positive effect on improving the degree of banking competition. Government intervention has a significant negative impact on the degree of banking competition, while fixed asset investment has no significant impact on it.

  17. 15 CFR 806.15 - Foreign direct investment in the United States.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 3 2010-01-01 2010-01-01 false Foreign direct investment in the... Foreign Trade (Continued) BUREAU OF ECONOMIC ANALYSIS, DEPARTMENT OF COMMERCE DIRECT INVESTMENT SURVEYS § 806.15 Foreign direct investment in the United States. (a) Specific definitions—(1) Foreign direct...

  18. EU-MOLDOVA TRADE RELATIONS: COMPETITIVE ADVANTAGES OF MOLDOVAN INDUSTRIES ON THE SINGLE MARKET

    Directory of Open Access Journals (Sweden)

    Ioana SANDU

    2014-10-01

    Full Text Available Engaging on the long road of implementing the Deep and Comprehensive Free Trade Area with the EU in 2010, Moldova is now closer than ever to being included in the most privileged category of the Eastern neighbouring countries - those who have chosen to deepen the European economic integration. The Vilnius Summit in November 2013 has reinforced the ‘more for more’ principle for both Moldova and Georgia by emphasizing, at the same time, the role of reactive measures and financial aid in counterbalancing aggressive trade barriers from non-EU states. Not only has Moldova proved to efficiently capitalize the provisions of the ATP agreement since 2008, but it has also consequently received more support from the EU in boosting exports to the single market. The wine industry was the first to benefit from the free-trade regime, as for the EU decision of eliminating quotas from the beginning of 2014. Nonetheless, the progressive liberalisation of trade flows between Moldova and the EU would finally oppose two asymmetric partners. Consequently, Moldova is facing the challenge of asserting its value on the EU market, by yet not undermining the relevance of other important trading partners nearby.

  19. Competitive advantage and corporate communications

    Directory of Open Access Journals (Sweden)

    Mitić Sanja

    2013-01-01

    Full Text Available Strategic importance of corporate communications and its role in the development of competitive advantage has attracted interest of numerous researchers in the fields of organization, management, marketing and public relations. Recent studies particularly emphasise the growing importance of soft factors, such as reputation in the development of competitive advantage. Concept of reputation is strongly connected with stakeholder theory, which stresses the importance of corporate communications for competitive advantage of firms. The paper focuses on competitive advantage and the link among strategy, reputation and corporate communications.

  20. Institutional Structure and International Competitiveness Relationship in Developed Countries

    Directory of Open Access Journals (Sweden)

    Aynur Yıldırım

    2016-06-01

    Full Text Available This study analyzes the effects of institutional structure on the international competitiveness of developed countries econometrically by employing a “Panel Data Analysis” with a sample of 21 developed countries and 23 institutional variables for the period 2000-2011. The results of the analysis indicate that while judicial independence, protection of intellectual property rights, integrity of the juridical system, marginal tax, political freedoms, black market exchange rate, restrictions on foreign investment, private sector’s share in the banking system, hiring-minimum wage, and hiring-dismissal have a positive effect; the nature of legal arrangements, government spending, transfers and subsidies, civil liberties, tariffs, regulations regarding trade barriers, collective bargaining, and military tutelage have a negative effect on the international competitiveness of developed countries.

  1. Environmental structure and competitive scoring advantages in team competitions

    Science.gov (United States)

    Merritt, Sears; Clauset, Aaron

    2013-10-01

    In most professional sports, playing field structure is kept neutral so that scoring imbalances may be attributed to differences in team skill. It thus remains unknown what impact environmental heterogeneities can have on scoring dynamics or competitive advantages. Applying a novel generative model of scoring dynamics to roughly 10 million team competitions drawn from an online game, we quantify the relationship between the structure within a competition and its scoring dynamics, while controlling the impact of chance. Despite wide structural variations, we observe a common three-phase pattern in the tempo of events. Tempo and balance are highly predictable from a competition's structural features alone and teams exploit environmental heterogeneities for sustained competitive advantage. Surprisingly, the most balanced competitions are associated with specific environmental heterogeneities, not from equally skilled teams. These results shed new light on the design principles of balanced competition, and illustrate the potential of online game data for investigating social dynamics and competition.

  2. GHGs and air pollutants embodied in China's international trade: Temporal and spatial index decomposition analysis.

    Science.gov (United States)

    Liu, Zhengyan; Mao, Xianqiang; Song, Peng

    2017-01-01

    Temporal index decomposition analysis and spatial index decomposition analysis were applied to understand the driving forces of the emissions embodied in China's exports and net exports during 2002-2011, respectively. The accumulated emissions embodied in exports accounted for approximately 30% of the total emissions in China; although the contribution of the sectoral total emissions intensity (technique effect) declined, the scale effect was largely responsible for the mounting emissions associated with export, and the composition effect played a largely insignificant role. Calculations of the emissions embodied in net exports suggest that China is generally in an environmentally inferior position compared with its major trade partners. The differences in the economy-wide emission intensities between China and its major trade partners were the biggest contribution to this reality, and the trade balance effect played a less important role. However, a lower degree of specialization in pollution intensive products in exports than in imports helped to reduce slightly the emissions embodied in net exports. The temporal index decomposition analysis results suggest that China should take effective measures to optimize export and supply-side structure and reduce the total emissions intensity. According to spatial index decomposition analysis, it is suggested that a more aggressive import policy was useful for curbing domestic and global emissions, and the transfer of advanced production technologies and emission control technologies from developed to developing countries should be a compulsory global environmental policy option to mitigate the possible leakage of pollution emissions caused by international trade.

  3. Improving Measurement of Trait Competitiveness: A Rasch Analysis of the Revised Competitiveness Index With Samples From New Zealand and US University Students.

    Science.gov (United States)

    Krägeloh, Christian U; Medvedev, Oleg N; Hill, Erin M; Webster, Craig S; Booth, Roger J; Henning, Marcus A

    2018-01-01

    Measuring competitiveness is necessary to fully understand variables affecting student learning. The 14-item Revised Competitiveness Index has become a widely used measure to assess trait competitiveness. The current study reports on a Rasch analysis to investigate the psychometric properties of the Revised Competitiveness Index and to improve its precision for international comparisons. Students were recruited from medical studies at a university in New Zealand, undergraduate health sciences courses at another New Zealand university, and a psychology undergraduate class at a university in the United States. Rasch model estimate parameters were affected by local dependency and item misfit. Best fit to the Rasch model (χ 2 (20) = 15.86, p = .73, person separation index = .95) was obtained for the Enjoyment of Competition subscale after combining locally dependent items into a subtest and discarding the highly misfitting Item 9. The only modifications required to obtain a suitable fit (χ 2 (25) = 25.81, p = .42, person separation index = .77) for the Contentiousness subscale were a subtest to combine two locally dependent items and splitting this subtest by country to deal with differential item functioning. The results support reliability and internal construct validity of the modified Revised Competitiveness Index. Precision of the measure may be enhanced using the ordinal-to-interval conversion algorithms presented here, allowing the use of parametric statistics without breaking fundamental statistical assumptions.

  4. 29 CFR 95.43 - Competition.

    Science.gov (United States)

    2010-07-01

    ... Secretary of Labor GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON... JURISDICTION OF FOREIGN GOVERNMENTS, AND INTERNATIONAL ORGANIZATIONS Post-Award Requirements Procurement... eliminate unfair competitive advantage, contractors that develop or draft specifications, requirements...

  5. 15 CFR Appendix A to Chapter Xx - Administration of the Trade Agreements Program

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 3 2010-01-01 2010-01-01 false Administration of the Trade Agreements Program A Appendix A to Chapter XX Commerce and Foreign Trade Regulations Relating to Foreign Trade Agreements OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE Ch. XX, App. A Appendix A to Chapter XX...

  6. Stock Market Index Data and indicators for Day Trading as a Binary Classification problem.

    Science.gov (United States)

    Bruni, Renato

    2017-02-01

    Classification is the attribution of labels to records according to a criterion automatically learned from a training set of labeled records. This task is needed in a huge number of practical applications, and consequently it has been studied intensively and several classification algorithms are available today. In finance, a stock market index is a measurement of value of a section of the stock market. It is often used to describe the aggregate trend of a market. One basic financial issue would be forecasting this trend. Clearly, such a stochastic value is very difficult to predict. However, technical analysis is a security analysis methodology developed to forecast the direction of prices through the study of past market data. Day trading consists in buying and selling financial instruments within the same trading day. In this case, one interesting problem is the automatic individuation of favorable days for trading. We model this problem as a binary classification problem, and we provide datasets containing daily index values, the corresponding values of a selection of technical indicators, and the class label, which is 1 if the subsequent time period is favorable for day trading and 0 otherwise. These datasets can be used to test the behavior of different approaches in solving the day trading problem.

  7. Stock Market Index Data and indicators for Day Trading as a Binary Classification problem

    Directory of Open Access Journals (Sweden)

    Renato Bruni

    2017-02-01

    Full Text Available Classification is the attribution of labels to records according to a criterion automatically learned from a training set of labeled records. This task is needed in a huge number of practical applications, and consequently it has been studied intensively and several classification algorithms are available today. In finance, a stock market index is a measurement of value of a section of the stock market. It is often used to describe the aggregate trend of a market. One basic financial issue would be forecasting this trend. Clearly, such a stochastic value is very difficult to predict. However, technical analysis is a security analysis methodology developed to forecast the direction of prices through the study of past market data. Day trading consists in buying and selling financial instruments within the same trading day. In this case, one interesting problem is the automatic individuation of favorable days for trading. We model this problem as a binary classification problem, and we provide datasets containing daily index values, the corresponding values of a selection of technical indicators, and the class label, which is 1 if the subsequent time period is favorable for day trading and 0 otherwise. These datasets can be used to test the behavior of different approaches in solving the day trading problem.

  8. The Exchange Rate Adjustment Role in Imperfect Competition: the Case of the Czech Republic

    OpenAIRE

    Filip Novotný

    2008-01-01

    One of the approaches to an international trade analysis is the assumption of prevailing imperfect competition where monopolistic firms determine prices of their production on segmented foreign markets. Based on aggregate data of quarterly financial indicators of non-financial enterprises, the hypothesis was tested whether producers based in the Czech Republic absorb nominal exchange rate fluctuations in their profit margins. Estimated results indicate that domestic private firms absorb a sub...

  9. 78 FR 27953 - Reorganization and Expansion of Foreign-Trade Zone 3 (Expansion of Service Area and Additional...

    Science.gov (United States)

    2013-05-13

    ... its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the... application to the Board (FTZ Docket B-1- 2013, docketed 01-09-2013, amended 02-28-2013) for authority to... amended application, within and adjacent to the San Francisco U.S. Customs and Border Protection port of...

  10. Competition policy: consequences of restrictive trade practices and price-fixing provisions for medical practitioners in Australia and New Zealand.

    Science.gov (United States)

    Janes, Hanne

    2006-05-01

    Competition laws have only applied to many participants in the health care industry in Australia and New Zealand since the mid 1990s. Since then, the Australian Competition and Consumer Commission has considered a number of applications by medical practitioner associations and private hospitals to authorise potentially anti-competitive conduct, while the New Zealand Commerce Commission has successfully prosecuted a group of ophthalmologists. Amongst medical practitioners, however, there is still confusion and misunderstanding concerning the type of conduct caught by the Australian Trade Practices Act 1974 (Cth) and the New Zealand Commerce Act 1986 (NZ). This is of serious concern given the substantial penalties associated with price-fixing and restrictive trade practices. This article examines the provisions of these Acts most relevant to medical practitioners as well as a number of determinations and judicial decisions. To provide practical assistance to medical practitioners, the key lessons are extracted.

  11. A simple test for PPP among traded goods

    NARCIS (Netherlands)

    Ph.H.B.F. Franses (Philip Hans); D.J.C. van Dijk (Dick)

    2002-01-01

    textabstractThe so-called Balassa-Samuelson model implies that relative prices of non-traded goods may be nonstationary and, hence, that PPP should preferably be tested on real exchange rates based on prices of traded goods only. We propose a simple test for PPP among traded goods which can be

  12. China's energy saving potential from the perspective of energy efficiency advantages of foreign-invested enterprises

    International Nuclear Information System (INIS)

    Jiang, Xuemei; Zhu, Kunfu; Green, Christopher

    2015-01-01

    The paper investigates the energy saving potential associated with firm ownership-related differences in energy efficiency such as those between domestically and foreign-owned firms. Because of a gap in official statistics this topic has barely been touched upon in the scholarly literature. This paper employs a new energy input–output table that distinguishes firm ownership (Chinese owned enterprises, COEs; and foreign-invested enterprises, FIEs) and trade mode (export processing and normal goods production) to analyze the energy efficiency advantage of FIEs in China in 2007. The results show that the total energy intensities of COEs in the industrial sector are generally 5%–35% higher than that of FIEs across industry groups. At an aggregate level, China could save up to 20.3% of its energy use, if industrial COEs could duplicate the energy use efficiency and production technology of FIEs. This gain would require major technology upgrades among COEs. - Highlights: • A new input–output table distinguishing firm ownership and trade mode is employed. • The foreign-invested enterprises are 5%–35% energy efficient than Chinese enterprises in 2007. • China could save 20.3% of energy use if industrial COEs could duplicate the technologies of FIEs

  13. The Algerian Foreign Trade between the Multilateral Trading System and the Regionalism

    Directory of Open Access Journals (Sweden)

    Khayreddine Belaaze

    2014-04-01

    Full Text Available This contribution aims at highlighting a major challenge facing global trade and trade in developing countries. Indeed, regional and preferential trade agreements are now more than ever inconsistent and incoherent and one of the principles of the World Trade Organization, the clause of the most favored nation requiring eliminated all forms of discrimination between trading parties, but what we see in regional trade agreements that the preferential tariffs based on a principle of discrimination. All regional trade agreements granting preferential tariffs between member countries, these preferences do not include the remains of non-member countries (rest of world. On the other hand, preferential tariffs are lower than MFN rates. Meanwhile, the number of regional agreements has doubled since 1995 date creation of the WTO, and Algeria like other developing countries considered one of countries which have not benefit a lot from this situation.

  14. 77 FR 6536 - Approval for Manufacturing Authority; Foreign-Trade Zone 177; Best Chair, Inc., d/b/a Best Home...

    Science.gov (United States)

    2012-02-08

    ... manufacturing authority on behalf of Best Chair, Inc., d/ b/a Best Home Furnishings, Inc., within FTZ 177 in... application for manufacturing authority under zone procedures within FTZ 177 on behalf of Best Chair, Inc., d... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1807] Approval for Manufacturing...

  15. Forecasting of foreign exchange rates of Taiwan’s major trading partners by novel nonlinear Grey Bernoulli model NGBM(1, 1)

    Science.gov (United States)

    Chen, Chun-I.; Chen, Hong Long; Chen, Shuo-Pei

    2008-08-01

    The traditional Grey Model is easy to understand and simple to calculate, with satisfactory accuracy, but it is also lack of flexibility to adjust the model to acquire higher forecasting precision. This research studies feasibility and effectiveness of a novel Grey model together with the concept of the Bernoulli differential equation in ordinary differential equation. In this research, the author names this newly proposed model as Nonlinear Grey Bernoulli Model (NGBM). The NGBM is nonlinear differential equation with power index n. By controlling n, the curvature of the solution curve could be adjusted to fit the result of one time accumulated generating operation (1-AGO) of raw data. One extreme case from Grey system textbook is studied by NGBM, and two published articles are chosen for practical tests of NGBM. The results prove the novel NGBM is feasible and efficient. Finally, NGBM is used to forecast 2005 foreign exchange rates of twelve Taiwan major trading partners, including Taiwan.

  16. Trade Barrier Elimination, Economics of Scale and Market Competition: Computable General Equilibrium Model

    Directory of Open Access Journals (Sweden)

    Widyastutik Widyastutik

    2017-07-01

    Full Text Available The ASEAN and its dialogue partner countries agreed to reduce trade barriers in the services sector, one of which is sea transport services. The purpose of this study is to estimate the equivalent tax of non-tariff barriers in the sea transport services. Besides that, this study is going to analyze the economic impacts of the regulatory barriers elimination in the sea transport services of ASEAN and its dialogue partner countries. Using the gravity model, it can be identified that trade barriers of sea transport services sector of ASEAN and dialogue partner countries are still relatively high. Additionally, by adopting IC-IRTS model in Global CGE Model (GTAP, the simulation results show consistent results with the theory of pro-competitive effects. The greater gain from trade is obtained in the CGE model assuming IC-IRTS compared to PC-CRTS. China gains a greater benefit that is indicated by the highest increase in welfare and GDP followed by Japan and AustraliaDOI: 10.15408/sjie.v6i2.5279

  17. COMPETITIVENESS OF CROATIAN PRODUCTION AND PROCESSING OF WHEAT ON THE EU MARKET

    Directory of Open Access Journals (Sweden)

    Davor Balaž

    2016-06-01

    Full Text Available Analysis of competitiveness is a demanding process that includes data collection and comparison on the macro and micro economic basis. For the purposes of this study, an analysis the available data on the production and processing of wheat in the Republic of Croatia and the European Union (desk research, 5 Region of eastern Croatian (130 samples of producers, and processors of wheat 18 samples was conducted. Based on the collected data, an analysis of the samples structure was conducted according to different variables in accordance with the performed descriptive statistical analysis for ordinal variables and quantitative (the metering and interval. The data analysis resulted in calculations using the cost competitiveness of domestic resources (DRC, and making analytical matrix (PAM. The calculation of separated coefficient (DRC has not confirmed the competitiveness of Croatian wheat production for the reference year. Possible necessary adjustments to business standards, foreign trade, foreign trade protection and domestic support under the Common Agricultural Policy (CAP have been identified. The study was conducted to evaluate the economic performance of Croatian production and processing of wheat in simulated conditions, using the method calculating the coefficient of DRC. The performed calculations showed mutual diseconomic interdependence of production and processing of wheat in the Republic of Croatia, with a positive impact on the stability and sustainability of the business in rural areas. Based on the research it was found out that there are conditions for the quantitative and qualitative increase in the production and processing of wheat in the Republic of Croatia.

  18. Systemic Competitiveness of SMEs in Mexico City, Mexico

    Directory of Open Access Journals (Sweden)

    Maria Luisa Saavedra García

    2015-07-01

    Full Text Available The objective of this work was to apply the model of systemic competitiveness, SMEs in Mexico City. Developing four levels of competitiveness: macro level (economic environment, meso level (regional environment, Level Goal (Environment Socioeconomic and micro Level (internal factors. Data collection was done through fieldwork and archival research. The main findings are among the major strengths of the economic environment: high level of gross domestic product, high labor productivity and fiscal autonomy, the main weaknesses: the unions and the unemployment rate; meanwhile stand between foreign investment opportunities between threats and insecurity, corruption and difficulty in business transactions. In the regional setting a positive and 1 perfect relationship between the number of economic units and per capita GDP was found. With regard to socio-cultural factors, presents lower levels of poverty and unemployment to the rest of the country. Finally, at the micro level, the competitiveness of SMEs is in direct relation to the size of the company and the industry sector shows higher competitiveness trade and services sectors.

  19. Environmentally Responsible Trade and Its Importance for Sustainable Forestry

    OpenAIRE

    Olena Maxymets

    2006-01-01

    This article focuses on the environmental component of trade, primarily foreign trade, which concerns the interests of many countries. It examines the reciprocal influence of foreign trade and the environment. The author defines environmentally responsible trade and formulates its main principles. She examines the development of trade in forest products globally and in Ukraine and evaluates the impact of different trade restrictions on the condition of forests and the forestry industry. Indic...

  20. Determinants of Export Diversification in Nigeria: Any Special Role for Foreign Direct Investment (FDI?

    Directory of Open Access Journals (Sweden)

    Damilola Felix Arawomo

    2014-12-01

    Full Text Available The importance of export diversification is presently taking a center stage in trade literature. This paper contributed to the evolving literature by examining the extent of export diversification in Nigeria and also analyzed the impact of foreign direct investment on it. Two major methods of export diversification: export count (horizontal and Herfindahl Index were used. Nigeria’s exports flows based on 4-digit SICT product classification were used. The Generalized Moment Methods (GMM was used to analyze our specified model. Empirical analysis showed that foreign direct investment discourages export diversification in Nigeria, while domestic investment promotes it. Exchange rate and democratic accountability are other factors that discourage export diversification in Nigeria. No evidence was found on the impact of per capita GDP, trade openness and natural resource.

  1. TRADE AND FOREIGN DIRECT INVESTMENT MANAGEMENT STRATEGIES FOR U.S. PROCESSED FOOD FIRMS IN CHINA

    OpenAIRE

    Marchant, Mary A.; Saghaian, Sayed H.; Vickner, Steven S.

    1999-01-01

    This research examines the relationship between U.S. foreign direct investment (FDI) and exports of processed foods to China and identifies management strategies to enhance U.S. competitiveness. Two-stage least-squares empirical econometric results from a simultaneous equation system indicate that there exists a strong complementary relationship between U.S exports and FDI into China. Therefore, the appropriate managerial strategy to access Chinese processed foods markets is to increase overa...

  2. Theoretical aspects of competitive advantage and competition

    OpenAIRE

    Hudakova, Ivana

    2009-01-01

    The concept of competitive advantage is well-known for many of us and a number of literary resources focused on entrepreneurship and functioning of economies deal with it, either directly or indirectly. The understanding of the term competitive advantage though sometimes varies. One can only perceive it when looking at it as a whole, a live organism that is constantly developing in a complex dynamic entrepreneurial environment, the individual parts of which do not function when separated from...

  3. GHGs and air pollutants embodied in China's international trade: Temporal and spatial index decomposition analysis.

    Directory of Open Access Journals (Sweden)

    Zhengyan Liu

    Full Text Available Temporal index decomposition analysis and spatial index decomposition analysis were applied to understand the driving forces of the emissions embodied in China's exports and net exports during 2002-2011, respectively. The accumulated emissions embodied in exports accounted for approximately 30% of the total emissions in China; although the contribution of the sectoral total emissions intensity (technique effect declined, the scale effect was largely responsible for the mounting emissions associated with export, and the composition effect played a largely insignificant role. Calculations of the emissions embodied in net exports suggest that China is generally in an environmentally inferior position compared with its major trade partners. The differences in the economy-wide emission intensities between China and its major trade partners were the biggest contribution to this reality, and the trade balance effect played a less important role. However, a lower degree of specialization in pollution intensive products in exports than in imports helped to reduce slightly the emissions embodied in net exports. The temporal index decomposition analysis results suggest that China should take effective measures to optimize export and supply-side structure and reduce the total emissions intensity. According to spatial index decomposition analysis, it is suggested that a more aggressive import policy was useful for curbing domestic and global emissions, and the transfer of advanced production technologies and emission control technologies from developed to developing countries should be a compulsory global environmental policy option to mitigate the possible leakage of pollution emissions caused by international trade.

  4. On the determinants of industrial competitiveness: The European Union emission trading scheme and the Italian paper industry

    International Nuclear Information System (INIS)

    Meleo, Linda

    2014-01-01

    The European Union Emission Trading Scheme (EU-ETS) represents the masterpiece that the EU adopted to achieve the Kyoto Protocol and “Europe 2020” strategy goals of reducing greenhouse gas (GHG). Although the EU-ETS is designed “in order to promote reductions of greenhouse gas emissions in a cost-effective and economically efficient manner” and “without prejudice for the Treaty”, the system has become a concern issue for firms and industries over competitiveness in European and international markets in addition to carbon leakage. This paper analyses whether and to what extent the EU-ETS may harm competitiveness, by following a qualitative approach, and presenting the case of the Italian paper industry, included in the system as an energy-intensive sector. More specifically, first the paper identifies those key factors that provide a qualitative measure of the “competitiveness risk” related to the EU-ETS; then, those factors are used to examine the Italian paper industry and to assess the actual and potential risks affecting the sector. This analysis is of interest given the lack of similar studies on the Italian paper industry and represents a starting point to serve further studies and future policymaking in Italy and Europe. - Highlights: • The European Emission Trading Scheme (EU-ETS) and the effects on the Italian paper industry competitiveness. • Key factors that provide a measure of the “competitiveness risk” for the Italian paper industry. • Those risks are limited at the moment, but some factors need to be carefully managed, such as electricity uses and prices. • Industrial policies and new firms strategies are required to manage the “competitiveness risk” in the coming years

  5. 48 CFR 225.403 - World Trade Organization Government Procurement Agreement and Free Trade Agreements.

    Science.gov (United States)

    2010-10-01

    ... Government Procurement Agreement and Free Trade Agreements. 225.403 Section 225.403 Federal Acquisition... FOREIGN ACQUISITION Trade Agreements 225.403 World Trade Organization Government Procurement Agreement and... Government Procurement Agreement, acquire only U.S.-made, qualifying country, or designated country end...

  6. Trade structure, trade mode and the urban-rural income gap in China

    Directory of Open Access Journals (Sweden)

    Hao Wei

    2013-05-01

    Full Text Available This paper analyses the effect of foreign trade in China on the urban-rural income gap from certain angles including trade scale, trade structure and trade mode at the national and provincial levels. The empirical results indicate that, from the perspective of trade scale, the export and import in the eastern and national regions have an expansion effect on the urban-rural income gap, and, in the central regions, they have a reduction effect. Furthermore, export in the western regions has a reduction effect while import in these regions did not have a significant effect. From the perspective of trade structure, the trade of high-tech products and labour-intensive products in the national and eastern regions has an expansion effect, and the trade of the above-mentioned products in the central regions has a reduction effect. The trade of labour-intensive products in the western regions has a reduction effect, and that of high-tech products an expansion effect. From the perspective of trade mode, processing trade and general trade in the national and eastern regions have an expansion effect, while in the central regions they have a reduction effect. General trade in the western regions would expand the urban-rural income gap, and processing trade does not have a significant effect. Consequently, when the South African Government is working out trade multiplicative and corresponding policy, they should consider the development of foreign trade and should pay attention to the labour market structure.

  7. 75 FR 11118 - Export Trade Certificate of Review

    Science.gov (United States)

    2010-03-10

    ... Trading Company Affairs unit, Office of Competition and Economic Analysis, International Trade..., Director, Office of Competition and Economic Analysis, International Trade Administration, (202) 482-5131...: March 4, 2010. Joseph E. Flynn, Director, Office of Competition and Economic Analysis. [FR Doc. 2010...

  8. Human Resources and Competitiveness. Report of the Committee on Human Resources, The President's Commission on Industrial Competitiveness. Research Report Series RR-87-27.

    Science.gov (United States)

    National Commission for Employment Policy (DOL), Washington, DC.

    Competitiveness is a function of a nation's resources and how effectively those resources are used relative to that nation's competitors. The people of a nation, with their knowledge, skills, and attitudes, determine how effectively technology, capital, and trade will be used to the nation's competitive advantage. The competitive challenge to the…

  9. Non-conventional provisions in regional trade agreements : do they enhance international trade?

    OpenAIRE

    Hayakawa, Kazunobu; Kimura, Fukunari; Nabeshima, Kaoru

    2011-01-01

    The scope of recent regional trade agreements (RTAs) is becoming much wider in terms of including several provisions such as competition policy or intellectual property. This paper empirically examines how far advanced, non-conventional provisions in RTAs increase trade values among RTA member countries, by estimating the gravity equation with more disaggregated indicators for RTAs. As a result, we find that the provision on competition policy has the largest impacts on trade values, followin...

  10. International Competition for Foreign Multinational Investment,

    OpenAIRE

    Jan I. Haaland; Ian Wooton

    1998-01-01

    We examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide employment opportunities and generate demand for domestic intermediate inputs, produced by domestic workers with increasing returns to scale. Offering subsidies to multinationals may be in the national interest if the investment raises the net value of domestic production. When agglomerative forces are sufficiently strong, a subsidy that attracts the first foreign firm may i...

  11. Emissions trading and competitive positions. The European Proposal for a Directive establishing a Framework for Greenhouse Gas Emissions Trading and Methods for the initial Allocation of Pollution Rights

    International Nuclear Information System (INIS)

    Grimeaud, D.; Peeters, M.

    2002-10-01

    The study on the intention to introduce emissions trading on a European Union level was conducted on the basis of the following three questions: Which methods can be used (by the Member States) to distribute the tradable emissions rights en which legal preconditions should be observed considering the EU-Treaty and the relevant directive proposal? Whenever necessary and possible international agreements on climate change and international trade law will be mentioned. Which safeguards are available for fair competition and which system of emissions trading is advisable in this perspective? How should the PSR (performance standard rate) system, which is preferred by industry, be valued? The structure of this study is as follows: in chapter 2 insight is given into the various methods that can be used to start an emissions trading system, i.e. the way tradable pollution rights are distributed (initial allocation). Chapter 3 will further examine the system of the initial allocation of pollution rights as it has been chosen in the proposal for the European directive. The aim is to give an exact qualification of the method of emissions trading, especially the method of initial allocation, that is used in the directive proposal. Chapter 4 examines whether safeguards are available to prevent competition distortions between firms that fall under the scope of the emissions trading scheme. Special attention will be given to conditions that result from the EU-Treaty in this context, such as the prohibition of state aid. In this chapter the international trade law will be dealt with as well. Chapter 5 will present an executive summary and the specific question whether the PSR-system is legally acceptable or maybe even recommendable, will be answered

  12. Comparing quantitative analysis on revealed comparative advantages of aquatic products trade of china and ASEAN based on 21st century maritime silk road

    Science.gov (United States)

    Luo, X. F.; Han, Y. H.; Li, Z. W.

    2017-11-01

    As the world’s leading aquaculture, aquatic production and trading country, China’s development of aquatic products trade with ASEAN is facing a historic opportunity in the favourable circumstances of construction of the 21st century Maritime Silk Road. In order to make guidance of the product selection and transformation for corresponding export enterprises, this article makes a quantitative analysis the Revealed Comparative Advantage of aquatic products trade from China and ASEAN respectively based on the HS classification and thoroughly compares the RCA indices. The comparison results show that the international competitiveness of aquatic products structures of China and ASEAN are quite different with few overlaps of strong competitive products, and there is a great gap between the two areas in many kinds of products.

  13. The competitive challenge in banking

    NARCIS (Netherlands)

    Boot, A.W.A.; Schmeits, A.

    2005-01-01

    The increasingly competitive environment poses challenges to bankers. This paper emphasizes relationship banking as a prime source of the banks' comparative advantage. The proliferation of transaction-oriented banking (trading and financial market activities) does however seriously challenge

  14. Analysis of Structural Changes and Competitiveness of East Asian Exports after the Currency Crisis

    Directory of Open Access Journals (Sweden)

    Wangjoong Kim

    1999-06-01

    Full Text Available This thesis analyzed the export structure and competitive relation of Eastern Asia after the economic crisis in 1997. After the crisis, the export of Eastern Asia slowed down; especially the economic stagnation of Eastern Asia resulted in the big scale decrease in export in that area. Under this situation, Eastern Asia began more and more depending on the export of America. The competition among the Eastern Asia countries takes on a fiercer situation in American market. On the other hand, observing the export competition among the Eastern Asia countries in American market around the foreign exchange crisis period in aspects such as the market share, the extent of export competition and the index of MCA, the result is that Korea has fallen behind the other countries of Asia including China. The export-oriented economy of Korea has been pinned down. Especially considering the importance of export after foreign exchange crisis, this will be a disconcerting problem.

  15. The Project Approach in Organization of Foreign Economic Activity as a Means of Increasing Competitiveness of Industrial Enterprise

    Directory of Open Access Journals (Sweden)

    Lazarenko Vladimir Ye.

    2017-12-01

    Full Text Available The article is aimed at studying the organization of foreign economic activity of industrial enterprise in case of introduction of project approach to its management. New conditions of doing business in terms of aircraft building enterprises, consisting in the transition to production according to international standards, require a modern approach to the solution of the range of issues. In conditions of limited internal financial resources of company and high expenses connected with entering the foreign market, it is extremely important to define the priority directions of foreign economic activity and the most optimal mechanisms of its organization and management. The functioning of the sphere of foreign economic activity of industrial enterprise in case of introduction of project approach to management has been analyzed. The essence, features and the main parameters of project approach as a means of increasing the competitiveness of enterprise have been defined. Priorities of the large-scale enterprise development strategy have been analyzed and suggested by means of carrying out the project method of organization of foreign economic activity.

  16. Fish is food--the FAO's fish price index.

    Science.gov (United States)

    Tveterås, Sigbjørn; Asche, Frank; Bellemare, Marc F; Smith, Martin D; Guttormsen, Atle G; Lem, Audun; Lien, Kristin; Vannuccini, Stefania

    2012-01-01

    World food prices hit an all-time high in February 2011 and are still almost two and a half times those of 2000. Although three billion people worldwide use seafood as a key source of animal protein, the Food and Agriculture Organization (FAO) of the United Nations-which compiles prices for other major food categories-has not tracked seafood prices. We fill this gap by developing an index of global seafood prices that can help to understand food crises and may assist in averting them. The fish price index (FPI) relies on trade statistics because seafood is heavily traded internationally, exposing non-traded seafood to price competition from imports and exports. Easily updated trade data can thus proxy for domestic seafood prices that are difficult to observe in many regions and costly to update with global coverage. Calculations of the extent of price competition in different countries support the plausibility of reliance on trade data. Overall, the FPI shows less volatility and fewer price spikes than other food price indices including oils, cereals, and dairy. The FPI generally reflects seafood scarcity, but it can also be separated into indices by production technology, fish species, or region. Splitting FPI into capture fisheries and aquaculture suggests increased scarcity of capture fishery resources in recent years, but also growth in aquaculture that is keeping pace with demand. Regionally, seafood price volatility varies, and some prices are negatively correlated. These patterns hint that regional supply shocks are consequential for seafood prices in spite of the high degree of seafood tradability.

  17. Fish is food--the FAO's fish price index.

    Directory of Open Access Journals (Sweden)

    Sigbjørn Tveterås

    Full Text Available World food prices hit an all-time high in February 2011 and are still almost two and a half times those of 2000. Although three billion people worldwide use seafood as a key source of animal protein, the Food and Agriculture Organization (FAO of the United Nations-which compiles prices for other major food categories-has not tracked seafood prices. We fill this gap by developing an index of global seafood prices that can help to understand food crises and may assist in averting them. The fish price index (FPI relies on trade statistics because seafood is heavily traded internationally, exposing non-traded seafood to price competition from imports and exports. Easily updated trade data can thus proxy for domestic seafood prices that are difficult to observe in many regions and costly to update with global coverage. Calculations of the extent of price competition in different countries support the plausibility of reliance on trade data. Overall, the FPI shows less volatility and fewer price spikes than other food price indices including oils, cereals, and dairy. The FPI generally reflects seafood scarcity, but it can also be separated into indices by production technology, fish species, or region. Splitting FPI into capture fisheries and aquaculture suggests increased scarcity of capture fishery resources in recent years, but also growth in aquaculture that is keeping pace with demand. Regionally, seafood price volatility varies, and some prices are negatively correlated. These patterns hint that regional supply shocks are consequential for seafood prices in spite of the high degree of seafood tradability.

  18. 22 CFR 226.43 - Competition.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Competition. 226.43 Section 226.43 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT ADMINISTRATION OF ASSISTANCE AWARDS TO U.S. NON-GOVERNMENTAL ORGANIZATIONS Post-award Requirements Procurement Standards § 226.43 Competition. All procurement transactions...

  19. International Trade and Foreign Direct Investment as Innovation Factors of the U.S. Economy

    Directory of Open Access Journals (Sweden)

    Napiórkowski1 Tomasz M.

    2014-10-01

    Full Text Available The aim of this research is to asses the hypothesis that foreign direct investment (FDI and international trade have had a positive impact on innovation in one of the most significant economies in the world, the United States (U.S.. To do so, the author used annual data from 1995 to 2010 to build a set of econometric models. In each model, 11 in total the number of patent applications by U.S. residents is regressed on inward FDI stock, exports and imports of the economy as a collective, and in each of the 10 SITC groups separately.

  20. Competitive Advantages of Small Medium Industry on the Islands in Indonesian Context

    Directory of Open Access Journals (Sweden)

    Muslim El Hakim Kurniawan

    2018-06-01

    Full Text Available Indonesian Law No.3/2014 regarding Industry requires both Central and Local Governments to realize the competitiveness of small and medium industries. However, the fact that the condition of each region is not similar becomes a main problem. It is because Indonesia is an archipelagic country. The competitiveness index of Asia Competitiveness Institute 2015 indicates that islands provinces, such as Kepulauan Bangka Belitung, Nusa Tenggara Barat, Nusa Tenggara Timur, Sulawesi Utara, Maluku, Maluku Utara, Sulawesi Tenggara, need specific development strategies. They cannot be equated with the mainlands, such as Java and Sumatera, because their competitiveness rank is very low. A review of literature on the competitiveness of islands entrepreneurs shows that from the 4 (four schools of thought in competitive advantage, only few researchers have pertained on the knowledge based on the schools of thought. Therefore, this could be a future research opportunity.

  1. FACTORS INFLUENCING THE SUSTAINABILITY OF COMPETITIVE ADVANTAGE OF THE EASTERN-EUROPEAN AUTO SECTOR

    Directory of Open Access Journals (Sweden)

    Lucian-Ovidiu CINADE

    2015-04-01

    Full Text Available Car-building industry territorial reconfiguration in Europe is the result of several rounds of company delocations from origin countries to emergent countries. Such rounds have been limited by the gradual opening of the national countries, as well as by changes in East European ideology and politics. Hence, about the end of the 90’s, European car-building industry shows considerable disparity, East to West. In the car-building companies’ vision, East-European car-building development potential is basically sustained by both the car low penetration rate, and the low labor cost. On the long term run, gradual valorizing of the East-european trading, with increasing labor costs, may read as a wearing thin of the competitive advantage in car-building industries, as well as problem issues of novel territory attractiveness needing permanent boosting. Country-to-country comparative analysis indicates that competitive advantage of car-building has not gone down in all of the West-European States. Competitive advantage of the West-European car-building industry increases, which can be explained, in part, by adequate strategies, as both labor costs, and cars penetration rate, go up.

  2. Competitive Priorities and Competitive Advantage in Jordanian Manufacturing

    OpenAIRE

    Awwad, Abdulkareem S.; Al Khattab, Adel A.; Anchor, J.R

    2013-01-01

    The purpose of this research was to explore and predict the relationship between the competitive priorities (quality, cost, flexibility and delivery) and the competitive advantage of firms in the Jordanian Industrial Sector. A population of 88 Jordanian manufacturing firms, registered on the Amman Stock Exchange, was targeted using a cross-sectional survey employing a questionnaire method of data collection. The results of the data analysis indicate a significant relationship between competit...

  3. Parallel trade, pharmaceutical innovation, and intellectual property rights

    OpenAIRE

    Tabata, Ken; Shinkai, Tetsuya; Tanaka, Satoru; Okamura, Makoto

    2005-01-01

    This paper examines how the parallel trade influences the pharmaceutical innovation and welfare. We consider the case where one monopolist in the home potentially sells in the both domestic and foreign markets with different price elasticities of demand. As relevant in the pharmaceutical context, the price of a good sold in the foreign country is determined by the negotiation between the firm and the foreign government. When the parallel trade is allowed, this negotiated foreign price also be...

  4. determinants of intra-industry trade between zambia and it's trading

    African Journals Online (AJOL)

    Eyerusalem

    countries which are relatively similar and produce relatively similar products. IIT arises from the .... trade based on economies of scale, imperfect competition and product differentiation ... with liberalisation, such as the collapse of the manufacturing industries, the country's trade ... Zambia: Diagnostic Trade Integration. Study.

  5. Foreign Body Retrieval

    Medline Plus

    Full Text Available ... Physician Resources Professions Site Index A-Z Foreign Body Retrieval Foreign body retrieval is the removal of ... foreign body detection and removal? What is Foreign Body Retrieval? Foreign body retrieval involves the removal of ...

  6. Managing Multiple Sources of Competitive Advantage in a Complex Competitive Environment

    Directory of Open Access Journals (Sweden)

    Alexandre Howard Henry Lapersonne

    2013-12-01

    Full Text Available The aim of this article is to review the literature on the topic of sustained and temporary competitive advantage creation, specifically in dynamic markets, and to propose further research possibilities. After having analyzed the main trends and scholars’ works on the subject, it was concluded that a firm which has been experiencing erosion of its core sources of economic rent generation, should have diversified its strategy portfolio in a search for new sources of competitive advantage, ones that could compensate for the decline of profits provoked by intensive competitive environments. This review concludes with the hypothesis that firms, who have decided to enter and manage multiple competitive environments, should have developed a multiple strategies framework approach. The management of this source of competitive advantage portfolio should have allowed persistence of a firm’s superior economic performance through the management of diverse temporary advantages lifecycle and through a resilient effect, where a very successful source of competitive advantage compensates the ones that have been eroded. Additionally, the review indicates that economies of emerging countries, such as the ones from the BRIC block, should present a more complex competitive environment due to their historical nature of cultural diversity, social contrasts and frequent economic disruption, and also because of recent institutional normalization that has turned the market into hypercompetition. Consequently, the study of complex competition should be appropriate in such environments.

  7. Time-space trade-offs for lempel-ziv compressed indexing

    DEFF Research Database (Denmark)

    Bille, Philip; Ettienne, Mikko Berggren; Gørtz, Inge Li

    2017-01-01

    Given a string S, the compressed indexing problem is to preprocess S into a compressed representation that supports fast substring queries. The goal is to use little space relative to the compressed size of S while supporting fast queries. We present a compressed index based on the Lempel-Ziv 1977...... compression scheme. Let n, and z denote the size of the input string, and the compressed LZ77 string, respectively. We obtain the following time-space trade-offs. Given a pattern string P of length m, we can solve the problem in (i) O (m + occ lg lg n) time using O(z lg(n/z) lg lg z) space, or (ii) (m (1...... best space bound, but has a leading term in the query time of O(m(1 + lgϵ z/lg(n/z))). However, for any polynomial compression ratio, i.e., z = O(n1-δ), for constant δ > 0, this becomes O(m). Our index also supports extraction of any substring of length ℓ in O(ℓ + lg(n/z)) time. Technically, our...

  8. GLOBAL COMPETITION AND ROMANIA’S NATIONAL COMPETITIVE ADVANTAGE

    Directory of Open Access Journals (Sweden)

    Pop Nicolae Alexandru

    2013-07-01

    Full Text Available Analyzing products and services around us it is clear that most of them are the result of production factors, labor and capital becoming more international and increasingly less and less national. We are witnessing the globalization of markets and production, to a large global integration and interdependence, increase personalization of production and services as a result of new communication systems interaction and flexible production processes. Markets will continue to homogenize and diversify at the same time, so it is important that as a global marketer one addresses a market segment defined by income, age, and consumption habits and not by membership of a nation. The most visible and polarized is the premium segment fighting for high income clients where brand value plays an important role. Instead identification of large segments of customers offers the advantages of scale economy in production and marketing for global enterprises. Consumer profile is the dominant global consumer requesting and accepting global products and services easily. In fact, what can force an economic alignment to achieve the best performance, rather than the global consumer. The research methodology used includes literature review, comparative analysis, synthesis of data based on bibliographic resources and official documents.The aim of the paper is to highlight current models that underlie the competitive advantage of nations and assess the competitive advantage of Romania in the context of the global market. A case study is used to offer an overview of competitive advantage of Antibiotice Iasi SA, a competitive player, in a global pharmaceutical market with strong global competition. Countries moderate companies’ achievements of global efficiency objectives due to the countries’ rivalry. Romania has to understand that it is in competition with other countries in order to fulfill economic, political and social objectives. The scope in the end is the well

  9. Fuel trading

    International Nuclear Information System (INIS)

    2015-01-01

    A first part of this report proposes an overview of trends and predictions. After a synthesis on the sector changes and trends, it indicates and comments the most recent predictions for the consumption of refined oil products and for the turnover of the fuel wholesale market, reports the main highlights concerning the sector's life, and gives a dashboard of the sector activity. The second part proposes the annual report on trends and competition. It presents the main operator profiles and fuel categories, the main determining factors of the activity, the evolution of the sector context between 2005 and 2015 (consumptions, prices, temperature evolution). It analyses the evolution of the sector activity and indicators (sales, turnovers, prices, imports). Financial performances of enterprises are presented. The economic structure of the sector is described (evolution of the economic fabric, structural characteristics, French foreign trade). Actors are then presented and ranked in terms of turnover, of added value, and of result

  10. Biological trade and markets.

    Science.gov (United States)

    Hammerstein, Peter; Noë, Ronald

    2016-02-05

    Cooperation between organisms can often be understood, like trade between merchants, as a mutually beneficial exchange of services, resources or other 'commodities'. Mutual benefits alone, however, are not sufficient to explain the evolution of trade-based cooperation. First, organisms may reject a particular trade if another partner offers a better deal. Second, while human trade often entails binding contracts, non-human trade requires unwritten 'terms of contract' that 'self-stabilize' trade and prevent cheating even if all traders strive to maximize fitness. Whenever trading partners can be chosen, market-like situations arise in nature that biologists studying cooperation need to account for. The mere possibility of exerting partner choice stabilizes many forms of otherwise cheatable trade, induces competition, facilitates the evolution of specialization and often leads to intricate forms of cooperation. We discuss selected examples to illustrate these general points and review basic conceptual approaches that are important in the theory of biological trade and markets. Comparing these approaches with theory in economics, it turns out that conventional models-often called 'Walrasian' markets-are of limited relevance to biology. In contrast, early approaches to trade and markets, as found in the works of Ricardo and Cournot, contain elements of thought that have inspired useful models in biology. For example, the concept of comparative advantage has biological applications in trade, signalling and ecological competition. We also see convergence between post-Walrasian economics and biological markets. For example, both economists and biologists are studying 'principal-agent' problems with principals offering jobs to agents without being sure that the agents will do a proper job. Finally, we show that mating markets have many peculiarities not shared with conventional economic markets. Ideas from economics are useful for biologists studying cooperation but need

  11. Analysis of Intra-Industry Trade in Turkish Automotive Sector

    Directory of Open Access Journals (Sweden)

    Füsun YENİLMEZ

    2018-01-01

    Full Text Available The automotive sector is one of the important sectors affecting the economy of a country. Considering the export and import size of the sector, any kind of work to be done for the sector is important. The analysis of Turkey's situation in the sector will contribute to R&D studies to develop the sector, strategic planning and determination of short, medium and long term targets. The aim of the paper is to determine the location of the Turkish automotive industry in world trade. For this purpose, firstly products in the automotive sector foreign trade were reduced to three sub-digit and included in the evaluation. Grubel-Lloyd index is used in the analysis. As a result of the analyzes, Turkey has been determined separately according to the product groups of the countries that have the most intensive trade in industry.

  12. The External Trade of Romania: Evolution Trends

    Directory of Open Access Journals (Sweden)

    Botescu Ion

    2017-01-01

    On top of these, a series of negative impact events such as wars or crises have overlapped. Despite all the investment efforts made, the impact of Romania’s economic development on foreign trade was limited during the socialist era. As regards the volume of foreign trade, the trade balance, the structure of exports and imports, the value of exports per capita, Romania’s evolution was generally modest. Practically, with some exceptions, Romania’s involvement in international trade was below the economic potential of our country throughout the analyzed period.

  13. Collaborating to improve the global competitiveness of US academic medical centers.

    Science.gov (United States)

    Allen, Molly; Garman, Andrew; Johnson, Tricia; Hohmann, Samuel; Meurer, Steve

    2012-01-01

    President Obama announced the National Export Initiative in his 2010 State of the Union address and set the ambitious goal of doubling US exports by the end of 2014 to support millions of domestic jobs. Understanding the competitive position of US health care in the global market for international patients, University Health System Consortium (UHC), an alliance of 116 academic medical centers and 272 of their affiliated hospitals, representing 90 percent of the nation's non-profit academic medical centers partnered with Rush University, a private University in Chicago, IL and the International Trade Administration of the US Department of Commerce International Trade Administration (ITA) to participate in the Market Development Cooperator Program. The goal of this private-public partnership is to increase the global competitiveness of the US health care industry, which represents over 16 percent of the GDP, amongst foreign health care providers. This article provides an overview of the US health care market and outlines the aims of the US Cooperative for International Patient Programs, the end result of the partnership between UHC, ITA and Rush University.

  14. Competitiveness of Slovak agri-food commodities in third country markets

    Directory of Open Access Journals (Sweden)

    Iveta Ubrežiová

    2012-01-01

    Full Text Available The impression of a single “European” market is gradually generated mainly due to action of the Common Agricultural Policy. Most of the agro-food complex enterprises see opportunities especially in the internationalization, globalization and regionalization in the agri-food sector, in pursuance of this, they are gradually smouldering innovative activities and trying to work on their competitive advantages. Based on the written we can say, that the issue of the competitiveness of enterprises, as well as of various commodities is in the current period highly current and adequate. The importance of the trade with so-called third countries is still increasing. This increase is mainly caused by the enlargement of the European Union in the term of foreign trade and it can be also confirmed from the results of the research. As the results of the research shows, the most important customers of the Slovak agri-food commodities are the Commonwealth of Independent States, where in the followed four-year period went within third countries at the average of 32.9% of the total Slovak agriculture export, also countries of EUROMED, where this proportion was 18.4%, and Croatia, with the proportion of 19.1%. These countries are the largest buyers of such Slovak agri-food commodities as are for example malt, chocolate and live cattle. On the other hand, Slovak republic is in agri-food import mostly dependent on such countries as are for example MERCOSUR countries, Mediterranean countries EUROMED, the African, Caribbean and Pacific (ACP, China, ASEAN and the U.S., which are the major suppliers of so-called „irreplaceable“ items, which Slovak republic can not produce.Results of the research also shows that while the importance of the trade with those countries (note- third countries is still increasing, Slovak export to third countries, in the contrast to its import, is still decreasing and that the most competitive agri-food commodities are for example live

  15. 影响河南省对外贸易增长的原因分析及措施%Analysis and Measures of Foreign Trade Increasing in Henan Province

    Institute of Scientific and Technical Information of China (English)

    郭宝林; 李慧; 邢冀源

    2012-01-01

    “十一五”期间,河南省对外贸易规模不断扩大,但长期依靠劳动力成本优势扩大出口的格局没有改变,依靠低效大量消耗能源、资源出口产品的现象未得到有效控制,出口效益低下。这种粗放型的对外贸易增长方式难以实现可持续发展,尤其是随着国家宏观调控政策趋紧,河南省能源原材料工业特别是高耗能工业比重偏大,资源环境约束将进一步加剧。要解决市场集中度偏高、贸易方式单一、出口商品结构不合理、服务产业创汇能力低、外资投向结构不合理、缺乏区位优势、资源承载压力过大等制约河南省开放型经济发展的问题,就必须优化外贸发展结构,推动出口基地的建设,大力推进产业招商,加快改造和提升优势传统产业,发展服务贸易和循环经济,提升国际营销能力。%During the "Eleventh Five-Year" period, Henan's foreign trade is increasingly expanding to a larger scale. However, the pattern of enlarging export business which depends on labor-cost advantage over a long period of time has not been changed, the phenomenon of exporting products which depends on consuming energy and resources in large quantities with low efficiency has not been effectively controlled, therefore the export benefit is becoming lower and lower. The extensive pattern of international trade growth is difficult to realize the sustainable development, especially with the tightly controlled macro policies, the large proportion of the energy and raw material industries particularly high energy-consuming industries in Henan province, and the intensive resources environment restriction. To solve the problems restricting the development of open economy in Henan province, including the higher market concentration, the simplex foreign trade mode, the irrational structure of export commodities, the low capacity to earn foreign exchange through exports, the

  16. The political economy of services trade agreements

    OpenAIRE

    FIORINI, Matteo; LEBRAND, Mathilde

    2016-01-01

    Why do governments sign services trade agreements? This paper focuses on the role of international agreements in the context of trade in services when services are used as intermediate inputs in downstream industries. Compared to goods, services inputs are mostly non-tradable and complementary to other factors of production. We build a theoretical trade policy framework in which firms use foreign investment to contest foreign markets in services sectors and governments can restrict the entry ...

  17. A Simple Model of Service Trade with Time Zone Differences

    OpenAIRE

    Kikuchi, Toru; Iwasa, Kazumichi

    2008-01-01

    This note proposes a two-country monopolistic competition model of service trade that captures the role of time zone differences as a determinant of trade patterns. It is shown that the utilization of time zone differences induces drastic change in trade patterns: Due to taking advantage of time zone differences, service firms learve larger countries for smaller countries.

  18. British American Tobacco's tactics during China's accession to the World Trade Organization.

    Science.gov (United States)

    Zhong, Fei; Yano, Eiji

    2007-04-01

    China entered the World Trade Organization (WTO) in 2001 after years of negotiations. As a WTO member, China had to reduce tariffs on imported cigarettes and remove non-tariff barriers to allow foreign cigarettes to be more competitive in the Chinese market. Among foreign tobacco companies, British American Tobacco (BAT) was the most active lobbyist during China's WTO negotiations. To review and analyse BAT's tactics and activities relating to China's entry into the WTO. Internal tobacco industry documents were reviewed and are featured here. Industry documents were searched mainly on the website of BAT's Guildford Depository and other documents' websites. 528 documents were evaluated and 142 were determined to be relevant to China's entry into the WTO. BAT was extremely active during the progress of China's entry into the WTO. The company focused its lobbying efforts on two main players in the negotiations: the European Union (EU) and the US. Because of the negative moral and health issues related to tobacco, BAT did not seek public support from officials associated with the WTO negotiations. Instead, BAT lobbyists suggested that officials protect the interests of BAT by presenting the company's needs as similar to those of all European companies. During the negotiation process, BAT officials repeatedly spoke favourably of China's accession into the WTO, with the aim of presenting BAT as a facilitator in this process and of gaining preferential treatment from their Chinese competitor. BAT's activities clearly suggest that tobacco companies place their own interests above public health interests. Today, China struggles with issues of tobacco control that are aggravated by the aggressive practices of transnational tobacco companies, tobacco-tariff reductions and the huge number of smokers. For the tobacco-control movement to progress in China, health advocates must understand how foreign tobacco companies have undermined anti-tobacco activities by taking advantage

  19. Evaluation of Trends in Foreign Trade Development in the Post-Communist Countries of Europe in the Years 2000–2012 Following their Accession to the EU

    Directory of Open Access Journals (Sweden)

    Cieślik Ewa

    2016-12-01

    Full Text Available This paper seeks to analyse directions in foreign trade in the post-communist countries of Europe over the years 2000-2012 in the context of changes observed in other EU states. It was assumed that changes in the directions of foreign trade in post-communist states would be similar to those noted in Western Europe. On the basis of data derived from the OECD, EUROSTAT and OECD-WTO we show that the trading rules used by the old EU-15 adopted by those countries have brought them measurable benefits. As a result, the post-communist economies have become similar to those of the EU-15. Considering the structure of their trade and links with the EU-15, it is apparent that they have become the main trading and investment partners for the European Union. Hence, their integration with the EU structures made their development faster, but also made them more sensitive to industrial and demand shocks coming from the eurozone. It is predicted that the present model is not going to change, especially in the context of the participation in production networks.

  20. Reverse Importing and Asymmetric Trade and FDI: A Networks Explanation

    OpenAIRE

    Theresa Greaney

    2002-01-01

    This paper considers the impact of business and social networks on international trade and foreign direct investment (FDI). I propose that differences in the strength of network effects across countries can produce asymmetric trade and investment flows that may lead to trade friction. This proposition is examined using a model of multi-product producers of a differentiated product. A firm from a country with strong network effects has a cost advantage in selling to buyers from its own country...