首页 > 最新文献

International Trade Politics and Development最新文献

英文 中文
The impact of COVID-19 outbreak on the Mauritian export trade: a disaggregated analysis 新冠肺炎疫情对毛里求斯出口贸易的影响:分类分析
Pub Date : 2022-01-31 DOI: 10.1108/itpd-06-2021-0007
Zameelah Khan Jaffur, B. Seetanah, V. Tandrayen‐Ragoobur, S. Fauzel, Viraiyan Teeroovengadum, Sonalisingh Ramsohok
PurposeThis study aims at evaluating the effect of the COVID-19 pandemic on the export trade system for Mauritius during the first half of 2020 (January 2020–June 2020).Design/methodology/approachAn initial analysis of the monthly export time series data proves that on the whole, the series have diverged from their actual trends after the outbreak of the COVID-19 pandemic: observed values are less than those predicted by the selected optimal forecast models. The authors subsequently employ the Bayesian structural time series (BSTS) framework for causal analysis to estimate the impact of the COVID-19 pandemic on the island's export system.FindingsOverall, the findings show that the COVID-19 pandemic has a statistically significant and negative impact on the Mauritian export trade system, with the five main export trading partners and sectors the most affected. Despite that the impact in some cases is not apparent for the period of study, the results indicate that total exports will surely be affected by the pandemic in the long run. Nevertheless, this depends on the measures taken both locally and globally to mitigate the spread of the pandemic.Originality/valueThis study thus contributes to the growing literature on the economic impacts of the COVID-19 pandemic by focussing on a small island economy.
本研究旨在评估2020年上半年(2020年1月- 2020年6月)新冠肺炎疫情对毛里求斯出口贸易体系的影响。设计/方法/方法对月度出口时间序列数据的初步分析表明,从总体上看,新冠肺炎疫情爆发后,月度出口时间序列数据偏离了实际趋势,观测值小于所选最优预测模型的预测值。随后,作者采用贝叶斯结构时间序列(BSTS)框架进行因果分析,以估计COVID-19大流行对该岛出口系统的影响。总体而言,调查结果表明,2019冠状病毒病大流行对毛里求斯的出口贸易体系产生了统计上显著的负面影响,五个主要出口贸易伙伴和部门受到的影响最大。尽管在某些情况下的影响在研究期间并不明显,但结果表明,从长远来看,总出口肯定会受到疫情的影响。然而,这取决于地方和全球为减轻这一流行病的蔓延而采取的措施。独创性/价值因此,本研究通过关注小岛屿经济,为越来越多关于COVID-19大流行经济影响的文献做出了贡献。
{"title":"The impact of COVID-19 outbreak on the Mauritian export trade: a disaggregated analysis","authors":"Zameelah Khan Jaffur, B. Seetanah, V. Tandrayen‐Ragoobur, S. Fauzel, Viraiyan Teeroovengadum, Sonalisingh Ramsohok","doi":"10.1108/itpd-06-2021-0007","DOIUrl":"https://doi.org/10.1108/itpd-06-2021-0007","url":null,"abstract":"PurposeThis study aims at evaluating the effect of the COVID-19 pandemic on the export trade system for Mauritius during the first half of 2020 (January 2020–June 2020).Design/methodology/approachAn initial analysis of the monthly export time series data proves that on the whole, the series have diverged from their actual trends after the outbreak of the COVID-19 pandemic: observed values are less than those predicted by the selected optimal forecast models. The authors subsequently employ the Bayesian structural time series (BSTS) framework for causal analysis to estimate the impact of the COVID-19 pandemic on the island's export system.FindingsOverall, the findings show that the COVID-19 pandemic has a statistically significant and negative impact on the Mauritian export trade system, with the five main export trading partners and sectors the most affected. Despite that the impact in some cases is not apparent for the period of study, the results indicate that total exports will surely be affected by the pandemic in the long run. Nevertheless, this depends on the measures taken both locally and globally to mitigate the spread of the pandemic.Originality/valueThis study thus contributes to the growing literature on the economic impacts of the COVID-19 pandemic by focussing on a small island economy.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43715033","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Antecedents and consequence of the consumer's psychic distance in cross-border e-commerce 跨境电子商务中消费者心理距离的前因与后果
Pub Date : 2021-11-30 DOI: 10.1108/itpd-08-2021-0008
Xi Chen, Hag-Min Kim
PurposeThe psychic distance often hinders the interaction between cross-border e-commerce (CBEC) and consumers. This paper aims to discuss the issues of psychic distance of consumers in the CBEC. In addition, it attempts to explain the factors that affect psychic distance from three dimensions of culture, economy and politics and the two different shopping behaviors caused by psychic distance.Design/methodology/approachThis research incorporates both theoretical and empirical studies. In this study, 249 validated questionnaires were selected from 300 Chinese CBEC consumers by snowball sampling, and the relationship between variables was tested using structural equation model (SEM). This was done through online research, and it is ensured that the data obtained are first-hand information.FindingsThe paper suggests the theoretical model operationalizing CBEC psychic distance and the empirical analysis results show that all the six influencing factors have a positive impact on the psychic distance of consumers. Logistics infrastructure barriers in the economic dimension are confirmed as the major influencing factor, and the significance of the political dimension is relatively small. Based on consumers' uncertainty of various kinds of information, psychic distance subconsciously causes consumers to deviate in the cross-shopping process.Originality/valueCurrently, research on e-commerce mainly focuses on saving trade costs and improving consumer welfare, while research on the internal impact of CBEC on consumers is insufficient. Psychic distance is a new concept in the field of cultural and social research. The originality of this paper is that the concept of psychic distance has been extended from overseas invested enterprises to research with CBEC consumers as the selected object. The obstacles of CBEC have been widely studied, but few are related to the closeness of consumers, or the inner feelings of consumers are ignored. In the context of CBEC, this paper lists the actual external factors and potential threats that may affect consumers' consumption concerns of CBEC from three dimensions. The real emotions of consumers in the face of these difficulties indirectly affect the purchase satisfaction and reduce the purchase desire. Consumer psychic distance is a real phenomenon in cross-border shopping, and it is almost inevitable for these difficulties. On the premise of inevitability, high psychic distance will slow down cross-border shopping in the eyes of consumers.
目的心理距离往往阻碍跨境电子商务与消费者之间的互动。本文旨在探讨消费者心理距离问题。此外,试图从文化、经济和政治三个维度解释影响心理距离的因素,以及心理距离导致的两种不同的购物行为。设计/方法论/方法这项研究结合了理论和实证研究。本研究采用滚雪球抽样法从300名中国CBEC消费者中选取249份经过验证的问卷,并采用结构方程模型(SEM)检验变量之间的关系。这是通过在线研究完成的,并确保获得的数据是第一手信息。本文提出了可操作CBEC心理距离的理论模型,实证分析结果表明,这六个影响因素都对消费者的心理距离产生了积极影响。物流基础设施壁垒在经济维度上被确认为主要影响因素,而在政治维度上的意义相对较小。基于消费者对各种信息的不确定性,心理距离下意识地导致消费者在交叉购物过程中产生偏差。原创性/价值目前,对电子商务的研究主要集中在节省贸易成本和提高消费者福利上,而对CBEC对消费者的内部影响的研究还不够。心理距离是文化社会研究领域的一个新概念。本文的创新之处在于,心理距离的概念已经从海外投资企业扩展到以CBEC消费者为选择对象的研究中。CBEC的障碍已经被广泛研究,但很少与消费者的亲密度有关,或者忽略了消费者的内心感受。在CBEC的背景下,本文从三个维度列出了可能影响消费者对CBEC消费担忧的实际外部因素和潜在威胁。消费者在面对这些困难时的真实情绪间接影响了购买满意度,降低了购买欲望。消费者心理距离是跨境购物中的一个真实现象,这些困难几乎是不可避免的。在不可避免的前提下,高心理距离会减缓消费者眼中的跨境购物。
{"title":"Antecedents and consequence of the consumer's psychic distance in cross-border e-commerce","authors":"Xi Chen, Hag-Min Kim","doi":"10.1108/itpd-08-2021-0008","DOIUrl":"https://doi.org/10.1108/itpd-08-2021-0008","url":null,"abstract":"PurposeThe psychic distance often hinders the interaction between cross-border e-commerce (CBEC) and consumers. This paper aims to discuss the issues of psychic distance of consumers in the CBEC. In addition, it attempts to explain the factors that affect psychic distance from three dimensions of culture, economy and politics and the two different shopping behaviors caused by psychic distance.Design/methodology/approachThis research incorporates both theoretical and empirical studies. In this study, 249 validated questionnaires were selected from 300 Chinese CBEC consumers by snowball sampling, and the relationship between variables was tested using structural equation model (SEM). This was done through online research, and it is ensured that the data obtained are first-hand information.FindingsThe paper suggests the theoretical model operationalizing CBEC psychic distance and the empirical analysis results show that all the six influencing factors have a positive impact on the psychic distance of consumers. Logistics infrastructure barriers in the economic dimension are confirmed as the major influencing factor, and the significance of the political dimension is relatively small. Based on consumers' uncertainty of various kinds of information, psychic distance subconsciously causes consumers to deviate in the cross-shopping process.Originality/valueCurrently, research on e-commerce mainly focuses on saving trade costs and improving consumer welfare, while research on the internal impact of CBEC on consumers is insufficient. Psychic distance is a new concept in the field of cultural and social research. The originality of this paper is that the concept of psychic distance has been extended from overseas invested enterprises to research with CBEC consumers as the selected object. The obstacles of CBEC have been widely studied, but few are related to the closeness of consumers, or the inner feelings of consumers are ignored. In the context of CBEC, this paper lists the actual external factors and potential threats that may affect consumers' consumption concerns of CBEC from three dimensions. The real emotions of consumers in the face of these difficulties indirectly affect the purchase satisfaction and reduce the purchase desire. Consumer psychic distance is a real phenomenon in cross-border shopping, and it is almost inevitable for these difficulties. On the premise of inevitability, high psychic distance will slow down cross-border shopping in the eyes of consumers.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47402900","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Drivers of integration of green into supplier selections: a systematic literature review 将绿色融入供应商选择的驱动因素:一项系统的文献综述
Pub Date : 2021-11-26 DOI: 10.1108/itpd-09-2021-0011
Tonny Ograh, J. Ayarkwa, D. Osei-Asibey, A. Acheampong, P. Amoah
PurposeThis paper aims to provide a systematic review of extant literature on supplier selection by identifying drivers of integration of Environmental Sustainability (ES) into supplier selection, with the aim of classifying them under broad categories for the development of a framework showing the interrelationships among them.Design/methodology/approachA search was ran for selected keyword themes using three powerful and rigorous search engines: Scopus, Google Scholar and Science Direct, to identify relevant articles from 12 peer-reviewed journals. These were desk reviewed through manual filtering to select drivers of integration of ES into supplier selection.FindingsThirty-one drivers identified from 41 relevant articles as propelling integration of ES into supplier selection were then classified into five categories: strong policy direction, high level of commitment, desire for high reputation, robust technology and availability of green products. This yielded a framework showing the interconnectedness among the drivers.Research limitations/implicationsThe study contributes to the body of knowledge by developing a classification of drivers of integration of ES into supplier selection. The interconnectedness brought to the fore a more subtle appreciation of the drivers of green integration, which could help expand current knowledge outside the narrow scope of isolated drivers. This study provides detailed analyses of drivers of green integration into supplier selection.Originality/valueThis paper provides a comprehensive review of drivers of integrating green into supplier selection, which is lacking in the body of knowledge on ES.
目的本文旨在通过确定将环境可持续性(ES)纳入供应商选择的驱动因素,对现有的供应商选择文献进行系统的回顾,目的是将其分为大类,以制定一个显示它们之间相互关系的框架。设计/方法论/方法使用Scopus、Google Scholar和Science Direct三个强大而严格的搜索引擎对选定的关键词主题进行搜索,以识别来自12种同行评审期刊的相关文章。通过手动筛选对其进行案头审查,以选择将ES整合到供应商选择中的驱动因素。结果从41篇相关文章中确定的推动ES融入供应商选择的31个驱动因素被分为五类:强有力的政策方向、高度的承诺、对高声誉的渴望、强大的技术和绿色产品的可用性。这产生了一个显示驱动因素之间相互联系的框架。研究局限性/含义该研究通过对ES融入供应商选择的驱动因素进行分类,为知识体系做出贡献。这种相互联系使人们对绿色一体化的驱动因素有了更微妙的认识,这可能有助于将当前的知识扩展到孤立驱动因素的狭窄范围之外。本研究对供应商选择中的绿色一体化驱动因素进行了详细分析。原创性/价值本文全面回顾了将绿色融入供应商选择的驱动因素,这是ES知识体系中所缺乏的。
{"title":"Drivers of integration of green into supplier selections: a systematic literature review","authors":"Tonny Ograh, J. Ayarkwa, D. Osei-Asibey, A. Acheampong, P. Amoah","doi":"10.1108/itpd-09-2021-0011","DOIUrl":"https://doi.org/10.1108/itpd-09-2021-0011","url":null,"abstract":"PurposeThis paper aims to provide a systematic review of extant literature on supplier selection by identifying drivers of integration of Environmental Sustainability (ES) into supplier selection, with the aim of classifying them under broad categories for the development of a framework showing the interrelationships among them.Design/methodology/approachA search was ran for selected keyword themes using three powerful and rigorous search engines: Scopus, Google Scholar and Science Direct, to identify relevant articles from 12 peer-reviewed journals. These were desk reviewed through manual filtering to select drivers of integration of ES into supplier selection.FindingsThirty-one drivers identified from 41 relevant articles as propelling integration of ES into supplier selection were then classified into five categories: strong policy direction, high level of commitment, desire for high reputation, robust technology and availability of green products. This yielded a framework showing the interconnectedness among the drivers.Research limitations/implicationsThe study contributes to the body of knowledge by developing a classification of drivers of integration of ES into supplier selection. The interconnectedness brought to the fore a more subtle appreciation of the drivers of green integration, which could help expand current knowledge outside the narrow scope of isolated drivers. This study provides detailed analyses of drivers of green integration into supplier selection.Originality/valueThis paper provides a comprehensive review of drivers of integrating green into supplier selection, which is lacking in the body of knowledge on ES.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48332281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Information technology exports and India's macro-economic indicators 信息技术出口与印度宏观经济指标
Pub Date : 2021-07-19 DOI: 10.1108/ITPD-12-2020-0085
Manzoor Hassan Malik
PurposeThe aim of this paper is to make a descriptive exploratory effort to discern the role of IT exports in India's macro-economic indicators, like national income, employment and balance of payment in the post-Liberalization, Privatization and Globalization strategy in the 1990s. The paper also explores the vital historical developments of various dimensions of IT, such as its export growth, major software and services exports destinations, compositions of IT exports and domestic growth in India.Design/methodology/approachThis study is based on secondary data, which were collected from Balance of Payment Statistics Reserve Bank of India (RBI) and Handbook of Statistics on Indian Economy, National Association of Software and Service Companies (NASSCOM),rtd and Department of Electronics and Information Technology (DEITY). This study has used descriptive analysis and growth models for studying the objectives. Major IT sector dimensions, such as total output, exports revenue, domestic revenue, gross domestic product, employment and exports of the software and service industry, have been examined for the period 1991–2016.FindingsThe findings suggest that over the last 26 years, the information technology industry's economic footprint has extended by more than seven times. Over the same period, direct employment in the information technology sector increased at an average growth rate of around 17%. Software and services exports earn, on average, about three times greater than the other three major services of India's current account of the balance of payment.Originality/valueThis study focuses on originality in examining the role of IT exports in India's macro-economic indicators economic reforms of the 1990s and also explores the historical developments of various dimensions of IT exports and domestic growth in India. All the work has been done in original by the authors, and the work used has been acknowledged properly.
目的本文的目的是进行描述性的探索性研究,以了解信息技术出口在20世纪90年代后自由化、私有化和全球化战略中对印度宏观经济指标(如国民收入、就业和国际收支)的作用。本文还探讨了信息技术各个方面的重要历史发展,如其出口增长、主要软件和服务出口目的地、信息技术出口的构成以及印度国内增长。设计/方法/方法本研究基于二次数据,这些数据来自印度储备银行(RBI)和印度经济统计手册、全国软件和服务公司协会(NASSCOM)、rtd和电子与信息技术部(DEITY)。本研究采用描述性分析和增长模型来研究目标。对1991-2016年期间软件和服务业的总产出、出口收入、国内收入、国内生产总值、就业和出口等主要IT部门维度进行了研究。结果表明,在过去26年中,信息技术行业的经济足迹扩大了7倍多。同期,信息技术部门的直接就业以17%左右的平均增长率增长。软件和服务出口的平均收入是印度国际收支经常账户中其他三大服务的三倍左右。独创性/价值这项研究的重点是独创性,考察了信息技术出口在20世纪90年代印度宏观经济指标经济改革中的作用,并探讨了印度信息技术出口和国内增长各个方面的历史发展。所有的工作都是作者原创的,所使用的工作也得到了适当的认可。
{"title":"Information technology exports and India's macro-economic indicators","authors":"Manzoor Hassan Malik","doi":"10.1108/ITPD-12-2020-0085","DOIUrl":"https://doi.org/10.1108/ITPD-12-2020-0085","url":null,"abstract":"PurposeThe aim of this paper is to make a descriptive exploratory effort to discern the role of IT exports in India's macro-economic indicators, like national income, employment and balance of payment in the post-Liberalization, Privatization and Globalization strategy in the 1990s. The paper also explores the vital historical developments of various dimensions of IT, such as its export growth, major software and services exports destinations, compositions of IT exports and domestic growth in India.Design/methodology/approachThis study is based on secondary data, which were collected from Balance of Payment Statistics Reserve Bank of India (RBI) and Handbook of Statistics on Indian Economy, National Association of Software and Service Companies (NASSCOM),rtd and Department of Electronics and Information Technology (DEITY). This study has used descriptive analysis and growth models for studying the objectives. Major IT sector dimensions, such as total output, exports revenue, domestic revenue, gross domestic product, employment and exports of the software and service industry, have been examined for the period 1991–2016.FindingsThe findings suggest that over the last 26 years, the information technology industry's economic footprint has extended by more than seven times. Over the same period, direct employment in the information technology sector increased at an average growth rate of around 17%. Software and services exports earn, on average, about three times greater than the other three major services of India's current account of the balance of payment.Originality/valueThis study focuses on originality in examining the role of IT exports in India's macro-economic indicators economic reforms of the 1990s and also explores the historical developments of various dimensions of IT exports and domestic growth in India. All the work has been done in original by the authors, and the work used has been acknowledged properly.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42438457","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Interactions between Japan's “weaponized interdependence” and Korea's responses: “decoupling from Japan” vs. “decoupling from Japanese firms” 日本“武器化的相互依赖”与韩国应对之互动:“与日本脱钩”vs“与日本企业脱钩”
Pub Date : 2021-04-30 DOI: 10.1108/ITPD-11-2020-0082
Yang-Hee Kim
PurposeThis paper aims at exploring the interactions between Japan's export curbs against Korea, dubbed as “weaponized interdependence,” and Korea's decoupling from Japan' phenomenon in response. Thereby, it sheds light on the characteristics of the semiconductor industry, where the two economies' effective division of labor takes place. In addition, it attempts to typology the “decoupling from Japan” into two types. Furthermore, it deals with the political-economic implications of bilateral trade disputes and projects in the future.Design/methodology/approachThis paper segregates the economic concept of “decoupling” into “decoupling from Japan” and “decoupling from Japanese firms” to better analyze the related phenomenon that occurred in Korea in response to the Japanese government's export restrictions in 2019. Along with it, the paper attempts to observe the trade dispute between Korea-Japan from a political-economic point of view.FindingsThe main findings are: First, Korea's decoupling from Japan' does not necessarily mean “decoupling from Japanese firms”. When Korean firms had to decouple from Japan due to non-economic factors, some has circumvented the decoupling to maintain economic ties with Japanese firms in the market, stemming from long-term transaction relationships in the semiconductor industry. Second, the two countries were confronted in a modest manner, even though they seemed to be fighting like a fierce tit-for-tat chicken game as those economies are interdependent with one another. Hence, both put effort to avoid sober damages or disruptive results on two economies and the global semiconductor supply chain.Originality/valueThe originality of this paper is to typologize the characteristics of “decoupling from Japan” in Korea by segregating it into two types of decoupling. On the other hand, other previous studies appeal to focus on the decoupling phenomenon per se and are interested in its potential for success.
本文旨在探讨日本对韩国的出口限制(被称为“武器化的相互依赖”)与韩国与日本的脱钩现象之间的相互作用。因此,它揭示了半导体产业的特点,这是两个经济体有效分工的发生地。此外,本文还试图将“与日本脱钩”分为两种类型。此外,它还涉及未来双边贸易争端和项目的政治经济影响。本文将“脱钩”的经济学概念分为“与日本脱钩”和“与日本企业脱钩”,以便更好地分析2019年韩国针对日本政府的出口限制所发生的相关现象。与此同时,本文试图从政治经济的角度来观察韩日贸易争端。研究发现:第一,“韩国与日本脱钩”并不一定意味着“与日本企业脱钩”。在因非经济因素不得不与日本“脱钩”的情况下,由于半导体行业的长期交易关系,一些企业为了在市场上与日本企业保持经济联系而回避了“脱钩”。第二,两国的对抗方式温和,尽管它们看起来像是一场激烈的针锋相对的博弈,因为两国经济相互依存。因此,双方都在努力避免对两国经济和全球半导体供应链造成严重损害或破坏性后果。本文的独创性在于将韩国“脱日”的特征分为两种类型进行类型化。另一方面,其他先前的研究呼吁关注脱钩现象本身,并对其成功的潜力感兴趣。
{"title":"Interactions between Japan's “weaponized interdependence” and Korea's responses: “decoupling from Japan” vs. “decoupling from Japanese firms”","authors":"Yang-Hee Kim","doi":"10.1108/ITPD-11-2020-0082","DOIUrl":"https://doi.org/10.1108/ITPD-11-2020-0082","url":null,"abstract":"PurposeThis paper aims at exploring the interactions between Japan's export curbs against Korea, dubbed as “weaponized interdependence,” and Korea's decoupling from Japan' phenomenon in response. Thereby, it sheds light on the characteristics of the semiconductor industry, where the two economies' effective division of labor takes place. In addition, it attempts to typology the “decoupling from Japan” into two types. Furthermore, it deals with the political-economic implications of bilateral trade disputes and projects in the future.Design/methodology/approachThis paper segregates the economic concept of “decoupling” into “decoupling from Japan” and “decoupling from Japanese firms” to better analyze the related phenomenon that occurred in Korea in response to the Japanese government's export restrictions in 2019. Along with it, the paper attempts to observe the trade dispute between Korea-Japan from a political-economic point of view.FindingsThe main findings are: First, Korea's decoupling from Japan' does not necessarily mean “decoupling from Japanese firms”. When Korean firms had to decouple from Japan due to non-economic factors, some has circumvented the decoupling to maintain economic ties with Japanese firms in the market, stemming from long-term transaction relationships in the semiconductor industry. Second, the two countries were confronted in a modest manner, even though they seemed to be fighting like a fierce tit-for-tat chicken game as those economies are interdependent with one another. Hence, both put effort to avoid sober damages or disruptive results on two economies and the global semiconductor supply chain.Originality/valueThe originality of this paper is to typologize the characteristics of “decoupling from Japan” in Korea by segregating it into two types of decoupling. On the other hand, other previous studies appeal to focus on the decoupling phenomenon per se and are interested in its potential for success.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46336914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Services export diversification and services export revenue stability: does trade openness matter? 服务出口多元化与服务出口收入稳定:贸易开放是否重要?
Pub Date : 2021-04-29 DOI: 10.1108/ITPD-04-2020-0012
S. Gnangnon
PurposeThe international trade literature has established that export product diversification lowers export product revenue instability. The current analysis investigates whether this finding carries over services exports.Design/methodology/approachThe empirical analysis covers a sample of 152 countries over the period 1980–2014 and employs the two-step system generalized method of moments (GMM) approach.FindingsThe empirical findings indicate that services export diversification reduces services export revenue instability both over the full sample as well as over sub-samples of high-income countries (HICs), least developed countries (LDCs) as well as developing countries (i.e. non-HICs) that are not LDCs. HICs appear to experience a higher positive effect of services export diversification on services export revenue instability than in developing countries. The analysis also shows that countries that further open-up to international trade enjoy a greater reducing effect of services export diversification on the instability of services export revenue.Research limitations/implicationsThis analysis, therefore, adds to the existing studies on the relationship between export product diversification and the instability of revenue derived from goods exports by focusing on the services export side. An important message from the analysis is that countries that diversify their services export basket enjoy lower services export revenue instability when they further integrate into the world trade market.Practical implicationsThis study highlights the importance of services export diversification, including for stabilizing services export revenue to services traders. Diversifying services export items, including across traditional and modern services sectors involves the implementation of a wide range of policies and measures, of which the liberalization of the services sectors through reduction and eventually the elimination of services trade barriers; the improvement of the business environment and the development of domestic financial markets (see for example, Hoekman, 2017). It could be interesting that another study consider policies and measures that could promote services export diversification.Originality/valueTo the best of the authors’ knowledge, this is the first time this topic is being addressed, including empirically.
目的国际贸易文献表明,出口产品多样化降低了出口产品收入的不稳定性。目前的分析调查了这一发现是否适用于服务出口。设计/方法/方法实证分析涵盖了1980-2014年期间152个国家的样本,采用两步系统广义矩量法(GMM)方法。实证研究结果表明,服务出口多样化降低了服务出口收入的不稳定性,无论是在整个样本中,还是在高收入国家(HICs)、最不发达国家(LDCs)和非最不发达国家(即非HICs)的子样本中。与发展中国家相比,高收入国家服务出口多样化对服务出口收入不稳定性的积极影响似乎更大。分析还表明,对国际贸易进一步开放的国家,服务出口多样化对服务出口收入不稳定性的降低作用更大。因此,本分析通过关注服务出口方面,补充了现有关于出口产品多样化与货物出口收入不稳定性之间关系的研究。该分析的一个重要信息是,服务出口篮子多样化的国家在进一步融入世界贸易市场时,服务出口收入的不稳定性较低。本研究强调了服务出口多元化的重要性,包括稳定服务贸易商的服务出口收入。使服务出口项目多样化,包括跨越传统和现代服务部门,涉及实施一系列广泛的政策和措施,其中通过减少并最终消除服务贸易壁垒实现服务部门的自由化;营商环境的改善和国内金融市场的发展(例如,Hoekman, 2017)。有趣的是,另一项研究考虑了可促进服务出口多样化的政策和措施。原创性/价值据作者所知,这是第一次讨论这个话题,包括经验。
{"title":"Services export diversification and services export revenue stability: does trade openness matter?","authors":"S. Gnangnon","doi":"10.1108/ITPD-04-2020-0012","DOIUrl":"https://doi.org/10.1108/ITPD-04-2020-0012","url":null,"abstract":"PurposeThe international trade literature has established that export product diversification lowers export product revenue instability. The current analysis investigates whether this finding carries over services exports.Design/methodology/approachThe empirical analysis covers a sample of 152 countries over the period 1980–2014 and employs the two-step system generalized method of moments (GMM) approach.FindingsThe empirical findings indicate that services export diversification reduces services export revenue instability both over the full sample as well as over sub-samples of high-income countries (HICs), least developed countries (LDCs) as well as developing countries (i.e. non-HICs) that are not LDCs. HICs appear to experience a higher positive effect of services export diversification on services export revenue instability than in developing countries. The analysis also shows that countries that further open-up to international trade enjoy a greater reducing effect of services export diversification on the instability of services export revenue.Research limitations/implicationsThis analysis, therefore, adds to the existing studies on the relationship between export product diversification and the instability of revenue derived from goods exports by focusing on the services export side. An important message from the analysis is that countries that diversify their services export basket enjoy lower services export revenue instability when they further integrate into the world trade market.Practical implicationsThis study highlights the importance of services export diversification, including for stabilizing services export revenue to services traders. Diversifying services export items, including across traditional and modern services sectors involves the implementation of a wide range of policies and measures, of which the liberalization of the services sectors through reduction and eventually the elimination of services trade barriers; the improvement of the business environment and the development of domestic financial markets (see for example, Hoekman, 2017). It could be interesting that another study consider policies and measures that could promote services export diversification.Originality/valueTo the best of the authors’ knowledge, this is the first time this topic is being addressed, including empirically.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48808396","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Effect of exchange rate uncertainty on bilateral trade performance in SAARC countries: a gravity model analysis 汇率不确定性对南盟国家双边贸易绩效的影响:重力模型分析
Pub Date : 2020-12-22 DOI: 10.1108/itpd-08-2020-0076
Banna Banik, C. Roy
PurposeExchange rate uncertainty leads to an indecisive environment for imports and exports that would condense international trade, foreign direct investment, trade earnings, trade volumes, economic growth and welfare. This study aims to examine, empirically, the effect of exchange rate uncertainty on bilateral trade performance, focusing on eight SAARC member economies using the popular modified gravity model of trade.Design/methodology/approachThe paper includes eight SAARC members – Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka panel data set over the period 2005–2018. The authors consider both standardized value (standard deviation) and conditional variance model to determine volatility of exchange rate. Primarily, ordinary least squares, random effects and fixed effects estimation techniques are employed to investigate the impact of exchange rate volatility. Endogeneity and robustness of the findings have been tested using the simultaneity-adjusted model and dynamic panel data two-step system GMM estimation techniques.FindingsEmpirical findings endorse the view that exchange rate volatility lowers trade flows in the SAARC regions. However, this adverse effect of exchange rate uncertainty on trade is pretty small. The negative correlation between exchange rate volatility and bilateral trade remains consistent and significant after controlling of simultaneous causality, autocorrelation, year effects, country-pair heterogeneity and endogeneity irrespective of panel data estimation techniques and different measures of volatility.Originality/valueThe present paper is original work.
目的汇率的不确定性导致进出口的优柔寡断环境,这将压缩国际贸易、外国直接投资、贸易收入、贸易量、经济增长和福利。本研究旨在实证检验汇率不确定性对双边贸易绩效的影响,并以8个南盟成员国为研究对象,采用流行的修正贸易引力模型。本文包括8个南盟成员国——阿富汗、孟加拉国、不丹、马尔代夫、尼泊尔、巴基斯坦和斯里兰卡2005-2018年期间的面板数据集。作者考虑了标准化值(标准差)和条件方差模型来确定汇率波动率。主要采用普通最小二乘、随机效应和固定效应估计技术来研究汇率波动的影响。使用同时调整模型和动态面板数据两步系统GMM估计技术对研究结果的内生性和稳健性进行了检验。实证研究结果支持汇率波动降低南盟地区贸易流量的观点。然而,汇率不确定性对贸易的不利影响是相当小的。在控制了同时的因果关系、自相关、年份效应、国家对异质性和内质性之后,汇率波动率与双边贸易之间的负相关关系保持一致和显著,而不管面板数据估计技术和不同的波动率测量方法。这篇论文是原创的。
{"title":"Effect of exchange rate uncertainty on bilateral trade performance in SAARC countries: a gravity model analysis","authors":"Banna Banik, C. Roy","doi":"10.1108/itpd-08-2020-0076","DOIUrl":"https://doi.org/10.1108/itpd-08-2020-0076","url":null,"abstract":"PurposeExchange rate uncertainty leads to an indecisive environment for imports and exports that would condense international trade, foreign direct investment, trade earnings, trade volumes, economic growth and welfare. This study aims to examine, empirically, the effect of exchange rate uncertainty on bilateral trade performance, focusing on eight SAARC member economies using the popular modified gravity model of trade.Design/methodology/approachThe paper includes eight SAARC members – Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka panel data set over the period 2005–2018. The authors consider both standardized value (standard deviation) and conditional variance model to determine volatility of exchange rate. Primarily, ordinary least squares, random effects and fixed effects estimation techniques are employed to investigate the impact of exchange rate volatility. Endogeneity and robustness of the findings have been tested using the simultaneity-adjusted model and dynamic panel data two-step system GMM estimation techniques.FindingsEmpirical findings endorse the view that exchange rate volatility lowers trade flows in the SAARC regions. However, this adverse effect of exchange rate uncertainty on trade is pretty small. The negative correlation between exchange rate volatility and bilateral trade remains consistent and significant after controlling of simultaneous causality, autocorrelation, year effects, country-pair heterogeneity and endogeneity irrespective of panel data estimation techniques and different measures of volatility.Originality/valueThe present paper is original work.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42328552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
Environmental sustainability, trade and economic growth in India: implications for public policy 印度的环境可持续性、贸易和经济增长:对公共政策的影响
Pub Date : 2020-11-10 DOI: 10.1108/itpd-09-2020-0079
Aparna Sajeev, Simrit Kaur
PurposeBased on the hypothesis of the environmental Kuznets curve (EKC), the purpose of this study is to investigate the relationship between environmental pollutants (as measured by CO2 emissions) and GDP for India, over the period 1980–2012. The presence of an inverted “U” shape relationship is examined while controlling for factors such as the degree of trade openness, foreign direct investment, oil prices, the legal system and industrialization.Design/methodology/approachTo verify whether the EKC follows a linear, quadratic or polynomial form, autoregressive distributed lag (ARDL) bounds testing approach for cointegration with structural breaks is adopted. The annual time series data for carbon emissions (CO2), economic growth (GDP), industrial development (industrialization), foreign direct investment and trade openness have been obtained from World Development Indicators online database. Crude oil price (international price index) for the period is collected from the International Monetary Fund. Data for total petroleum consumption are collected from the US Energy Information Agency. Data for economic freedom variables are from the Fraser Institute's Economic Freedom Index's online database.FindingsThe findings support the existence of inverted U-shaped EKC in the short-run, but not in the long-run. A linear monotonic relationship has also been estimated in select model specifications. Additionally, trade openness has been estimated to reduce emissions in models, which incorporate FDI. Else, where significant, its impact on carbon emissions is adverse. A rise in fuel price leads to reduction in carbon emissions across model specifications. Further, the lower size of government degrades the environment both in the long-run and short-run.Practical implicationsGiven the existence of the pollution haven hypothesis, wherein more trade and foreign direct investments cause environmental degradation, the paper proposes formulation of appropriate regulatory mechanisms that are environmentally friendly. Additionally, India's new economic policies, favoring liberalization, privatization and globalization, reinforces the need to strengthen environmental regulations.Originality/valueIncorporation of economic freedom as measured by the “Size of Government” in the EKC model is unique. “Size of Government” deserves a special mention. The rationale for including this explanatory variable is to understand whether countries with lower government size are more polluting. After all, theory does suggest that goods and services, which have higher social cost vis-à-vis private cost, shall be overproduced in economies that adopt more market-friendly policies, necessitating government intervention. In the study, size of government is measured as per the definition and methodology adopted by Fraser Institute's Economic Freedom of the World Index.
目的基于环境库兹涅茨曲线(EKC)假设,本研究的目的是调查1980-2012年期间印度环境污染物(以二氧化碳排放量衡量)与GDP之间的关系。在控制贸易开放程度、外国直接投资、油价、法律制度和工业化等因素的同时,考察了倒U型关系的存在。设计/方法/方法为了验证EKC是否遵循线性、二次或多项式形式,采用了具有结构断裂的协整的自回归分布滞后(ARDL)边界检验方法。碳排放(CO2)、经济增长(GDP)、工业发展(工业化)、外国直接投资和贸易开放的年度时间序列数据来自世界发展指标在线数据库。该期间的原油价格(国际价格指数)来自国际货币基金组织。石油消费总量数据来自美国能源信息署。经济自由变量的数据来自弗雷泽研究所的经济自由指数在线数据库。研究结果支持短期内存在倒U型心电图,但不支持长期存在。在选定的模型规范中也估计了线性单调关系。此外,在纳入外国直接投资的模型中,估计贸易开放可以减少排放。否则,在重大的情况下,其对碳排放的影响是不利的。燃油价格的上涨导致各车型规格的碳排放量减少。此外,较低规模的政府在长期和短期内都会恶化环境。实际含义鉴于污染天堂假说的存在,即更多的贸易和外国直接投资会导致环境恶化,本文建议制定适当的环境友好监管机制。此外,印度支持自由化、私有化和全球化的新经济政策加强了加强环境监管的必要性。独创性/价值将以“政府规模”衡量的经济自由纳入EKC模型是独一无二的。“政府规模”值得一提。纳入这一解释变量的理由是了解政府规模较小的国家是否污染更严重。毕竟,理论确实表明,与私人成本相比,社会成本更高的商品和服务,在采取更利于市场的政策的经济体中应该过度生产,这就需要政府干预。在这项研究中,政府规模是根据弗雷泽研究所的世界经济自由指数所采用的定义和方法来衡量的。
{"title":"Environmental sustainability, trade and economic growth in India: implications for public policy","authors":"Aparna Sajeev, Simrit Kaur","doi":"10.1108/itpd-09-2020-0079","DOIUrl":"https://doi.org/10.1108/itpd-09-2020-0079","url":null,"abstract":"PurposeBased on the hypothesis of the environmental Kuznets curve (EKC), the purpose of this study is to investigate the relationship between environmental pollutants (as measured by CO2 emissions) and GDP for India, over the period 1980–2012. The presence of an inverted “U” shape relationship is examined while controlling for factors such as the degree of trade openness, foreign direct investment, oil prices, the legal system and industrialization.Design/methodology/approachTo verify whether the EKC follows a linear, quadratic or polynomial form, autoregressive distributed lag (ARDL) bounds testing approach for cointegration with structural breaks is adopted. The annual time series data for carbon emissions (CO2), economic growth (GDP), industrial development (industrialization), foreign direct investment and trade openness have been obtained from World Development Indicators online database. Crude oil price (international price index) for the period is collected from the International Monetary Fund. Data for total petroleum consumption are collected from the US Energy Information Agency. Data for economic freedom variables are from the Fraser Institute's Economic Freedom Index's online database.FindingsThe findings support the existence of inverted U-shaped EKC in the short-run, but not in the long-run. A linear monotonic relationship has also been estimated in select model specifications. Additionally, trade openness has been estimated to reduce emissions in models, which incorporate FDI. Else, where significant, its impact on carbon emissions is adverse. A rise in fuel price leads to reduction in carbon emissions across model specifications. Further, the lower size of government degrades the environment both in the long-run and short-run.Practical implicationsGiven the existence of the pollution haven hypothesis, wherein more trade and foreign direct investments cause environmental degradation, the paper proposes formulation of appropriate regulatory mechanisms that are environmentally friendly. Additionally, India's new economic policies, favoring liberalization, privatization and globalization, reinforces the need to strengthen environmental regulations.Originality/valueIncorporation of economic freedom as measured by the “Size of Government” in the EKC model is unique. “Size of Government” deserves a special mention. The rationale for including this explanatory variable is to understand whether countries with lower government size are more polluting. After all, theory does suggest that goods and services, which have higher social cost vis-à-vis private cost, shall be overproduced in economies that adopt more market-friendly policies, necessitating government intervention. In the study, size of government is measured as per the definition and methodology adopted by Fraser Institute's Economic Freedom of the World Index.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42333452","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 16
Organizational transformation as a determinant of corporate hospitality and its effect on corporate sustainability 组织转型作为企业待客之道的决定因素及其对企业可持续性的影响
Pub Date : 2020-10-26 DOI: 10.1108/itpd-04-2020-0014
H. Utami, Bambang Eka Cahyana, U. Nimran, Mohammad Iqbal
PurposeThis research was conducted with the aim of examining and explaining the effect of strategic leadership, corporate governance, organizational culture, business infrastructure and corporate alignment as determinants of corporate hospitality; testing and explaining the direct effects of corporate hospitality and corporate sustainability.Design/methodology/approachThis research used a quantitative approach with a survey method. The research population was all subsidiaries, branches and departments in PT Pelindo 1 (Persero). The sample size in this research was n = N = 61, which covered 5 subsidiaries, 17 branches and 39 directorates at PT Pelindo 1 (Persero). Data analysis was done with inferential statistics using WarpPLS analysis using the help of WarpPLS package computer programs.FindingsThere is a significant and positive direct effect between Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment on Corporate Hospitality which means higher Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment will result in a higher Corporate Hospitality. The analysis also shows that there is a significant and positive indirect effect between Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment on Corporate Sustainability through Corporate Hospitality which means higher Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment will lead to higher Corporate Sustainability through Corporate Hospitality.Originality/valueThe originality of this research can be proven from the lack of research on hospitality. Some other research on hospitality, mostly doing research at airports, hospitals and hotels. However, this research was conducted at the port, where company friendliness is a discipline that includes many marketing studies.
目的本研究旨在检验和解释战略领导力、公司治理、组织文化、商业基础设施和企业联盟作为企业热情好客的决定因素的影响;测试和解释企业热情好客和企业可持续性的直接影响。设计/方法论/方法本研究采用了定量方法和调查方法。研究对象为PT Pelindo 1(Persero)的所有子公司、分支机构和部门。本研究的样本量为n=n=61,涵盖了PT Pelindo 1(Persero)的5个子公司、17个分支机构和39个董事会。数据分析是在WarpPLS软件包计算机程序的帮助下,使用WarpPLS分析进行推断统计。发现战略领导力、企业文化、企业治理、商业基础设施和企业联盟对企业好客有着显著而积极的直接影响,这意味着更高的战略领导力、公司文化、企业管理、商业基础结构和企业联盟将带来更高的企业好客。分析还表明,战略领导力、企业文化、企业治理、商业基础设施和企业联盟通过企业好客对企业可持续性产生了显著而积极的间接影响,这意味着更高的战略领导力、,商业基础设施和企业联盟将通过企业住院带来更高的企业可持续性。独创性/value这项研究的独创性可以从缺乏对酒店的研究中得到证明。其他一些关于酒店业的研究,主要在机场、医院和酒店进行研究。然而,这项研究是在港口进行的,在那里,公司友好性是一门学科,包括许多营销研究。
{"title":"Organizational transformation as a determinant of corporate hospitality and its effect on corporate sustainability","authors":"H. Utami, Bambang Eka Cahyana, U. Nimran, Mohammad Iqbal","doi":"10.1108/itpd-04-2020-0014","DOIUrl":"https://doi.org/10.1108/itpd-04-2020-0014","url":null,"abstract":"PurposeThis research was conducted with the aim of examining and explaining the effect of strategic leadership, corporate governance, organizational culture, business infrastructure and corporate alignment as determinants of corporate hospitality; testing and explaining the direct effects of corporate hospitality and corporate sustainability.Design/methodology/approachThis research used a quantitative approach with a survey method. The research population was all subsidiaries, branches and departments in PT Pelindo 1 (Persero). The sample size in this research was n = N = 61, which covered 5 subsidiaries, 17 branches and 39 directorates at PT Pelindo 1 (Persero). Data analysis was done with inferential statistics using WarpPLS analysis using the help of WarpPLS package computer programs.FindingsThere is a significant and positive direct effect between Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment on Corporate Hospitality which means higher Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment will result in a higher Corporate Hospitality. The analysis also shows that there is a significant and positive indirect effect between Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment on Corporate Sustainability through Corporate Hospitality which means higher Strategic Leadership, Corporate Culture, Corporate Governance, Business Infrastructure and Corporate Alignment will lead to higher Corporate Sustainability through Corporate Hospitality.Originality/valueThe originality of this research can be proven from the lack of research on hospitality. Some other research on hospitality, mostly doing research at airports, hospitals and hotels. However, this research was conducted at the port, where company friendliness is a discipline that includes many marketing studies.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/itpd-04-2020-0014","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48547209","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
Does foreign direct investment influence manufacturing sector growth in Middle East and North African region? 外国直接投资是否影响中东和北非地区制造业的增长?
Pub Date : 2020-08-11 DOI: 10.1108/itpd-04-2020-0010
Chukwuebuka Bernard Azolibe
PurposeThis study empirically assessed the influence of foreign direct investment on the manufacturing sector growth in the Middle East and North African region using panel data of 18 countries covering the period of 1975–2017.Design/methodology/approachThe study employed Levin et al. (2002) test (LLC) and Im et al. (2003) panel unit root test. Furthermore, Kao’s cointegration test was applied to examine the long-run relationship between the variables. Both the Dynamic OLS and Fully modified OLS were used in estimating the short-run relationship.FindingsThe results of the DOLS and FMOLS indicate that both inward and outward FDI influence the manufacturing sector growth positively. This shows that much of the manufacturing sector growth in the MENA region is driven by both inward and outward FDI. Our findings made a strong new proposition that aside from the negative influence proposed by Stevens and Lipsey (1992), outward FDI could also have a positive influence on the manufacturing sector of a country through effective utilization of domestic raw materials that are produced locally for production of goods in a foreign country.Practical implicationsMENA countries should concentrate more on making policies that will encourage the effective utilization of domestic resources for outward foreign direct investment in other countries of the world as it has the capacity to boost the manufacturing sector growth. Also, policies that will attract more inflows of FDI in the region should be encouraged. Both inward and outward FDI should be considered as an integral part of MENA economic policy in order to spur the manufacturing sector growth.Originality/valuePrevious empirical studies on the relationship between FDI and manufacturing sector growth have focused much on the influence of inward FDI. Thus, very little attention has been paid to the contribution that the outward FDI makes to the growth of the manufacturing sector of the host country. Our empirical study focused on the influence of both inward and outward FDI on the manufacturing sector growth with specific emphasis on the MENA region that remains the center of attraction of inward FDI and a source of inward FDI to most nonoil producing developing and developed countries given the oil-rich nature of the region.
本研究利用1975-2017年18个国家的面板数据,实证评估了外国直接投资对中东北非地区制造业增长的影响。设计/方法/方法本研究采用Levin et al.(2002)检验(LLC)和Im et al.(2003)面板单位根检验。此外,采用Kao协整检验检验变量间的长期关系。动态OLS和完全修正OLS均用于估计短期关系。实证分析和实证分析结果表明,FDI对制造业增长均有正向影响。这表明,中东和北非地区制造业的大部分增长是由内向和外向的外国直接投资推动的。我们的研究结果提出了一个强有力的新命题,即除了Stevens和Lipsey(1992)提出的负面影响外,对外直接投资还可以通过有效利用本地生产的用于在国外生产商品的国内原材料,对一个国家的制造业产生积极影响。实际影响:中东和北非国家应更加注重制定政策,鼓励有效利用国内资源对世界其他国家进行对外直接投资,因为这有能力促进制造业的增长。此外,应鼓励将吸引更多外国直接投资流入该区域的政策。对内和对外的外国直接投资都应被视为中东和北非地区经济政策的一个组成部分,以刺激制造业部门的增长。原创性/价值以往关于FDI与制造业增长关系的实证研究主要集中在FDI流入的影响上。因此,很少注意到对外直接投资对东道国制造业部门的增长所作的贡献。我们的实证研究侧重于对内和对外直接投资对制造业增长的影响,特别强调中东和北非地区,该地区仍然是吸引外来直接投资的中心,也是大多数非石油生产发展中国家和发达国家的外来直接投资来源,因为该地区的石油资源丰富。
{"title":"Does foreign direct investment influence manufacturing sector growth in Middle East and North African region?","authors":"Chukwuebuka Bernard Azolibe","doi":"10.1108/itpd-04-2020-0010","DOIUrl":"https://doi.org/10.1108/itpd-04-2020-0010","url":null,"abstract":"PurposeThis study empirically assessed the influence of foreign direct investment on the manufacturing sector growth in the Middle East and North African region using panel data of 18 countries covering the period of 1975–2017.Design/methodology/approachThe study employed Levin et al. (2002) test (LLC) and Im et al. (2003) panel unit root test. Furthermore, Kao’s cointegration test was applied to examine the long-run relationship between the variables. Both the Dynamic OLS and Fully modified OLS were used in estimating the short-run relationship.FindingsThe results of the DOLS and FMOLS indicate that both inward and outward FDI influence the manufacturing sector growth positively. This shows that much of the manufacturing sector growth in the MENA region is driven by both inward and outward FDI. Our findings made a strong new proposition that aside from the negative influence proposed by Stevens and Lipsey (1992), outward FDI could also have a positive influence on the manufacturing sector of a country through effective utilization of domestic raw materials that are produced locally for production of goods in a foreign country.Practical implicationsMENA countries should concentrate more on making policies that will encourage the effective utilization of domestic resources for outward foreign direct investment in other countries of the world as it has the capacity to boost the manufacturing sector growth. Also, policies that will attract more inflows of FDI in the region should be encouraged. Both inward and outward FDI should be considered as an integral part of MENA economic policy in order to spur the manufacturing sector growth.Originality/valuePrevious empirical studies on the relationship between FDI and manufacturing sector growth have focused much on the influence of inward FDI. Thus, very little attention has been paid to the contribution that the outward FDI makes to the growth of the manufacturing sector of the host country. Our empirical study focused on the influence of both inward and outward FDI on the manufacturing sector growth with specific emphasis on the MENA region that remains the center of attraction of inward FDI and a source of inward FDI to most nonoil producing developing and developed countries given the oil-rich nature of the region.","PeriodicalId":34605,"journal":{"name":"International Trade Politics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/itpd-04-2020-0010","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44714448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
期刊
International Trade Politics and Development
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1