Measuring Trade and Trade Potential: A Survey

PurposeConsidering the contribution of freight villages (FVs) to the economy and sector, transportation cost advantage, environmental externalities, labor costs, employment, etc. criteria evaluation is important in selecting FV location. Environmental sustainability and social dimensions are becoming important criteria for companies in logistics. The purpose of the study is to determine/model the criteria interaction and also determine the criteria priorities in the FV location selection process. Meanwhile, the study aims to evaluate these criteria and present information to researchers and decision makers.Design/methodology/approachSix main criteria and 29 sub-criteria are selected from related literature. Decision making trial and evaluation laboratory (DEMATEL) method is used for determining/modeling the criteria interaction and sketching interaction diagram, and the Analytical Hierarchy Process (AHP) method is used for determining the criteria priorities. One/two-way pairwise compared main/sub-criteria views are obtained from 48 experts for calculations.Findings“Trade potential”, “transportation networks” and “economic factors” have the highest priorities, respectively, out of six main criteria, and they have the most powerful interactions that put these criteria to the center of decision process. Sub-criteria of “foreign trade potential”, “proximity to the port”, “market opportunities” and “proximity to the railway” out of 29 have a total 36.42% priority, more than one-third of the importance.Originality/valueCriteria are evaluated in FV location selection for FV sustainability using criteria interaction diagrams, affecting/being affected by the level of each criterion and their priorities. This study shows a hybrid derivation from DEMATEL-AHP usage methods together. High-volumed and qualified/experienced expert group judgments in Turkey are evaluated.

Download Full-text

Who is Trading Well with China? A Gravity and Constant Market Share Analysis of Exports of Pakistan and ASEAN in the Chinese Market

Journal of Asian and African Studies ◽

10.1177/00219096211045098 ◽

2021 ◽

pp. 002190962110450

Author(s):

Muhammad Abdul Kamal ◽

Unbreen Qayyum ◽

Saleem Khan ◽

Bosede Ngozi Adeleye

Keyword(s):

Market Share ◽

Bilateral Trade ◽

Export Performance ◽

Trade Openness ◽

Chinese Market ◽

Trade Potential ◽

Trade Competitiveness ◽

Constant Market Share Analysis ◽

Constant Market Share ◽

Asean Countries

This paper empirically investigated the trade competitiveness and trade potential of Pakistan and ASEAN countries in the Chinese market. The study utilizes trade data for the period of 2003–2019 to assess the bilateral trade aspects by using an extended gravity equation. In addition, the PPML model and constant market share analysis are applied to examine trade potential and competitiveness, respectively. Market size, distance, trade openness, revealed comparative advantage position and common border play an important role in bilateral trade of Pakistan and ASEAN with China, and coefficients of all these variables comply with the economic theory and are statistically significant. Pakistan along with Brunei, Cambodia, Laos, Myanmar, Philippines, and Thailand has great trade potential in the Chinese market. Particularly Cambodia and Vietnam are enjoying the highest competitive advantage as compared to other ASEAN countries. Pakistan’s export performance in China’s market relies on the market distribution effect. Based on this study, we have discussed country-specific future policy discourse for Pakistan and ASEAN countries in detail.

Download Full-text

Economic Cooperation between India and ASEAN PLUS 3: A Study of the Trade Potential of India's Energy Sector Products

SSRN Electronic Journal ◽

10.2139/ssrn.2954996 ◽

2017 ◽

Author(s):

Kallal Banerjee

Keyword(s):

Economic Cooperation ◽

Energy Sector ◽

Trade Potential

Download Full-text

Indo Japanese Trade Potential in the Context of Bilateral Relations

Journal of Global Economy ◽

10.1956/jge.v6i3.63 ◽

2010 ◽

Vol 6 (3) ◽

pp. 225-237

Author(s):

J K SACHDEVA

Keyword(s):

Prime Minister ◽

Steel Plates ◽

Trade Reforms ◽

Iron And Steel ◽

Bilateral Relations ◽

Manufactured Products ◽

Trade Potential ◽

Japanese Prime Minister ◽

Economic Engagement ◽

A Minor

India and Japan share a special relationship as fellow democracies seeking greater economic engagement in Asia. The major traded commodities changed from cotton-related products in the early 1900s to heavy machinery in the 1970s.Â Â During the same period heavy industrial products were the major export commodities from Japan besides metal and metal products like iron and steel and steel plates. The 1980s marked the beginning of a new phase in Indo-Japan relations with the establishment ofÂ the Maruti-Suzuki plant. There was a minor set back in relation in 1999 when India went through its nuclear test. In August 2000, however, Japanese Prime Minister Yoshiro Mori made a visit to India that helped propel ties forward. The relations have further been strengthened with the visit of Japanese Prime Minister Yukio Hatoyama in 2009. This paper attempts to analyze imports and exports of commodities and products to and fro these countries to see the effect of bilateral relations on trade, after India initiated trade reforms in 1991. Data under HSN systems has been gathered from UNCOMTRADE database and grouped under heads as Agricultural commodities, products from food industry, earth crest, manufactured products, electronics and others. The time series has been analysed using dummy variables for trade reforms and tie ups. Potential products shall be explored using market share - growth matrix. Series has been detrended to see how variables responsible for trade between two countries adjust themselves in short run.Â Â

Download Full-text

QUANTITATIVE ANALYSIS OF TRADE COMPLEMENTARITY BETWEEN UKRAINE AND THE EU

ACTUAL PROBLEMS OF INTERNATIONAL RELATIONS ◽

10.17721/apmv.2019.141.1.89-97 ◽

2019 ◽

pp. 89-97 ◽

Cited By ~ 1

Author(s):

O. І. Shnyrkov ◽

D. S. Pliushch

Keyword(s):

Free Trade Area ◽

The European Union ◽

Coding System ◽

Association Agreement ◽

International Partnerships ◽

Eu Countries ◽

Trade Area ◽

International Industry ◽

Trade Potential ◽

The Eu

The article outlines the perspective benefits of deepening integration processes between Ukraine and the European Union. Groups of Ukrainian goods have been identified, which exports to the EU are increasing dynamically. EU countries have been identified in which exports from Ukraine have been growing rapidly in recent years. The relations and nature of Ukraine's trade with the EU countries have been analyzed. The conclusions on the development of trade potential after signing the Association Agreement with the EU have been formulated. The assessment of the Complementarity Index of Trade for Ukraine and the EU by 97 commodity groups according to the Ukrainian Classification of Goods for Foreign Economic Activity and the Harmonized Commodity Description and Coding System for 2011-2018 has been carried out. The dynamics of change of complementarity indices are analyzed and the predicted indices of the countries for 2019 and 2020 are calculated. It has been proven that mutual trade in a free trade area is mutually beneficial for Ukraine and the EU, as Ukraine and the EU benefit from increased trade, and establishing international partnerships between their businesses and organizations can be particularly beneficial in the long term perspective. It is proposed to deepen international industry cooperation in order to develop competitive advantages and strengthen its position both on the Ukrainian market and the European market.

Download Full-text