scholarly journals Cross-Country Potentials and Advantages in Trade in Fish and Seafood Products in the RCEP Member States

2021 ◽  
Vol 13 (7) ◽  
pp. 3668
Author(s):  
Vasilii Erokhin ◽  
Gao Tianming ◽  
Anna Ivolga
Keyword(s):  
Bilateral Trade ◽  
Vital Role ◽  
Competitive Advantages ◽  
Product Categories ◽  
Regional Market ◽  
Bilateral Trade Flows ◽  
Seafood Products ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
Fish Trade

Fisheries has always played a vital role in supporting livelihoods and ensuring food security and sustainable economic and social development in Southeast Asia. Historically, rural and coastal communities across the region have heavily relied on the fish trade as an indispensable source of income and employment. With the establishment of the Regional Comprehensive Economic Partnership (RCEP) between Association of Southeast Asian Nations (ASEAN) economies and large fish traders like China, Japan, South Korea, Australia, and New Zealand, there is a threat for smaller countries to lose competitive advantages in the regional market. By studying bilateral trade flows between fifteen RCEP members in 2010–2019 and matching indicative untapped trade potentials (ITP method) with revealed comparative (RCA method), relative trade (RTA method), and competitive (Lafay index) advantages across 210 pairs of countries, the authors found substantial misbalances between potential values of country-to-country trade and actual advantages of RCEP economies. To optimize gains from intraregional trade for both smaller and larger RCEP members, this study identified advantageous and disadvantageous trading destinations and product categories for individual countries. The recommendations were then generalized along the four groups of economies based on their level of income, contribution to overall RCEP trade in fish, and the share of fishery products in the national trade turnover. From a practical side, the study adds to the knowledge about the fish trade in Asia by detailing how countries can better utilize individual combinations of advantages. From a methodological side, the approach can be employed widely outside the RCEP to establish a reliable picture of potential gains or losses of a particular country in trade with its counterparts across varied sets of competitive advantages.

Exchange rate movements, export sophistication and direction of trade: the development channel and North–South trade flows

2019 ◽  
Vol 43 (6) ◽  
pp. 1623-1652
Author(s):  
Mustafa Caglayan ◽  
Firat Demir
Keyword(s):  
Exchange Rate ◽  
Bilateral Trade ◽  
Trade Flows ◽  
Product Categories ◽  
Exchange Rate Movements ◽  
Bilateral Trade Flows ◽  
Primary Goods ◽  
Development Literature ◽  
The Empirical Analysis ◽  
High Skill

Abstract We study the effects of real exchange rate (RER) changes on trade flows considering the skill content and origin/destination of products in a North–South framework. The empirical analysis is based on bilateral trade flows in five product categories of technology-and-skill intensities between 172 countries during 1962–2012. Consistent with the development channel, we find that both the composition and direction of trade affect how exports respond to RER changes. We find that high-skill manufactures and primary goods are the least affected from RER depreciation and volatility. The strongest effects are found for medium-skill, low-skill and resource-intensive manufactures. We also show that these effects depend on the direction of trade. Southern exports are more sensitive to RER than Northern exports in all product categories except for primary goods. Regarding volatility, South–North exports are hurt the most while North–South the least. Also, South–South exports appear to be less sensitive to volatility in all product groups than South–North. Overall, this paper provides a synthesis of the recent neoclassical international trade literature with the heterodox development literature.

scholarly journals Sustainable Production, Non-Tariff Measures, and Trade Performance in RCEP Countries

2020 ◽  
Vol 12 (23) ◽  
pp. 9969
Author(s):  
Muhamad Rias K. V. Zainuddin ◽  
Tamat Sarmidi ◽  
Norlin Khalid
Keyword(s):  
Bilateral Trade ◽  
Negative Impact ◽  
Positive Impact ◽  
Well Being ◽  
Good Health ◽  
Sustainable Production ◽  
Responsible Consumption ◽  
Economic Partnership ◽  
Negative Impacts ◽  
Regional Comprehensive Economic Partnership

The main objective of this paper is to reinvestigate the impacts of non-tariff measures (NTMs) on bilateral exports among Regional Comprehensive Economic Partnership (RCEP) countries. The study adds to the literature in two areas. First, we calculate coverage ratios for NTMs related to specific sustainable development goals (SDGs) imposed on bilateral trade between RCEP member countries. Second, to avoid aggregation bias, the analysis covers four major sectors, namely agrifood, health, logistics, and other manufacturing. The results of a Poisson pseudo maximum likelihood (PPML) regression in a gravity model, using average import data from 2016 to 2018 at the Harmonized Commodity Description and Coding Systems (HS) two-digit level (97 subsectors), show that the effects of SDG-related NTMs vary by sector. NTMs related to SDG 3 (good health and well-being) distort trade in health but enhance trade in logistics. NTMs related to SDG 12 (responsible consumption and production) have a negative impact on logistics but a positive impact on other manufacturing exports. The findings provide new perspectives on the varying impacts of SDG-related NTMs on trade. Interestingly, the study finds that NTMs addressing SDGs 3 and 12 have positive trade impacts. Policymakers should, however, regulate NTM implementation, to minimize negative impacts and ensure that domestic firms comply to promote sustainable production.

Beijing prepares to seize gains from Trump win

2016 ◽  
Keyword(s):  
United States ◽  
Bilateral Trade ◽  
The United States ◽  
Military Alliances ◽  
Content Type ◽  
Trade Sanctions ◽  
Maritime Disputes ◽  
Economic Partnership ◽  
Moral High Ground ◽  
Regional Comprehensive Economic Partnership

Subject The implications for China of Donald Trump's election as US president. Significance Donald Trump was elected president of the United States on November 8, after a campaign in which he blamed China's trade policy for damaging US industry. He threatened trade sanctions on China, but also questioned the value of US military alliances with countries on its periphery. Impacts Beijing's first priority will be preventing a showdown on bilateral trade. Isolationism in the United States would free China's hand in dealing with maritime disputes. Climate change 'denial' is not an issue in China, so here Washington will vacate the moral high ground to Beijing. Stalled progress in the Trans-Pacific Partnership leaves the China-backed Regional Comprehensive Economic Partnership as the alternative.

scholarly journals Australijsko-chiński handel towarowy w kontekście RCEP i wojny handlowej – diagnoza i perspektywy rozwoju

2021 ◽  
pp. 68-97
Author(s):  
Sylwia Pangsy-Kania ◽  
Katarzyna Kania
Keyword(s):  
Bilateral Trade ◽  
Political Conflict ◽  
The Political ◽  
Trade Relations ◽  
Important Trading Partner ◽  
International Issue ◽  
Trade War ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
Development Prospects

Australian-Chinese goods trade in the context of the RCEP and the trade war – diagnosis and development prospects The aim of this article is to analyze changes in merchandise bilateral trade relationships between Australia and China in the years of 2000–2020. Particular attention was paid to the importance of the Regional Comprehensive Economic Partnership and the trade war in response to Austalia’s call for an international inquiry into China’s handling of the coronavirus when the pandemic had become an international issue. The main purpose of this article is to diagnose and evaluate Australian-Chinese relations. The thesis was formulated as follows: the political conflict between China and Australia translates into mutual trade relations, the consequences of which are felt by both sides, but in the coming years China will still be Australia’s most important trading partner. At the same time, Australia will be looking for new markets, and China will be looking for new suppliers.

scholarly journals Intra-Industry Trade and Determinant: Evidence for ASEAN-Australia and New Zealand in the Context of AANZFTA

2018 ◽  
Vol 8 (4) ◽  
pp. 22
Author(s):  
Sayeeda Bano
Keyword(s):  
New Zealand ◽  
Bilateral Trade ◽  
Free Trade Area ◽  
Trade Patterns ◽  
Industry Trade ◽  
Trade Area ◽  
Changing Patterns ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
Trade Partners

This study examines the changing patterns and direction of trade between Association of South- East Asian Nations (ASEAN), Australia and New Zealand in the context of the ASEAN-Australia-New Zealand Free Trade Area/Agreement (AANZFTA) signed in 2010. It investigates the extent of ASEAN’s intra-industry trade with Australia and New Zealand at the 3-digit disaggregated SITC level for the period 1990 to 2014. The study includes an analysis of intra-industry trade indices of trade intensities, the marginal intra-industry trade and the econometric model to identify the determinants of intra-industry trade. The results show that trade in general has increased and intra-industry trade between ASEAN-Australia increased specifically in manufacturing. New Zealand has developed intra-industry trade in both the manufacturing and agriculture sectors. Marginal intra- industry results suggest that some industries transforming from inter-industry trade patterns to intra-industry trade. The results of regression analysis provide some support to the thesis that increase in IIT comes naturally with high average incomes of trade partners and large average market size. As a country’s level of income goes up and its standard of living rise, its citizens tend demand and consume more high quality differentiated products, leading to higher levels of intra-industry trade. This study differs from the existing literature in terms of its scope, methods and policy perspectives. The findings have policy relevance for the ongoing negotiations for a regional comprehensive economic partnership with ASEAN 10, India, China, Japan, Australia and New Zealand. It is reasonable to suggest that intra-industry trade be given due consideration in ongoing regional and bilateral trade negotiations for potential mutual gains from trade for a sustainable regional economic growth.

Trade Creation or Trade Diversion in ASEAN and ASEAN+6 FTAs: Trade Indicators Approach

2015 ◽  
pp. 25-41
Author(s):  
Anh Tu Thuy ◽  
Ngoc Le Minh
Keyword(s):  
Comparative Advantage ◽  
Wheat Gluten ◽  
Free Trade Area ◽  
Private Investment ◽  
Trade Diversion ◽  
Trade Creation ◽  
Public And Private ◽  
Trade Area ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

This paper makes use of two trade indicators, Revealed Comparative Advantage (RCA) and Regional Orientation (RO), to evaluate the economic impacts of the ASEAN Free Trade Area (The) and the Regional Comprehensive Economic Partnership (RCEP) on Vietnamese commodities at the Harmonized System (HS) 2-digit level. Several sectors in which Vietnam has revealed a comparative advantage, has benefited from the AFTA, and would continue to enjoy trade creation from the RCEP, are: Cereals (10), Salt, sulphur, earth, stone, plaster, lime and cement (25), Rubber (40), Knitted or crocheted fabric (60), etc. More importantly, the result provides a list of commodities in which Vietnam has a comparative advantage and only experiences trade creation when participating in the RCEP. These are: Milling products, malt, starches, inulin, wheat gluten (11), Vegetable plaiting materials, vegetable products not elsewhere specified (14), Wood and articles of wood, wood charcoal (44), etc. Findings also show commodities in which Vietnam has a comparative advantage; but are not well positioned in the RCEP market yet, e.g. Cereal, flour, starch, milk preparations and products (19) and Manmade staple fibres (55). If sufficient investment decisions and marketing strategies are applied to these commodities, they will well penetrate the RCEP market and bring trade creation and welfare improvement to Vietnam. Public and private investment should consider the above-mentioned commodities as targets to leapfrog the benefits of RCEP.

Exploring Global Fashion Sustainability Practices through Dictionary-Based Text Mining

2021 ◽  
pp. 0887302X2199826
Author(s):  
Muzhen Li ◽  
Li Zhao
Keyword(s):  
Latent Dirichlet Allocation ◽  
Corporate Sustainability ◽  
Computer Assisted ◽  
Competitive Advantages ◽  
Bottom Line ◽  
Product Categories ◽  
Sustainability Strategies ◽  
Line Theory ◽  
Sustainability Practices ◽  
Sustainability Theory

Nowadays, more fashion companies have started to adopt various sustainability practices and communicate these practices through their annual public CSR reports. In this study, we aim to provide a holistic perspective of fashion companies’ sustainable development and investigate the sustainability practices of global fashion companies. A total of 181 CSR reports from 29 fashion companies were collected. A Dictionary approach text classification method, combined with Latent Dirichlet Allocation (LDA), a computer-assisted topic modeling algorithm, was implemented to detect and summarize the themes and keywords of detailed practices disclosed in CSR reports. The findings identified 12 main sustainability practices themes based on the triple bottom line theory and the moral responsibility of corporate sustainability theory. In general, waste management and human rights are the most frequently mentioned themes. The findings also suggest that global fashion companies adopted different sustainability strategies based on their product categories and competitive advantages.

Temporary Migration and Bilateral Trade Flows

World Economy ◽  
2009 ◽  
Vol 32 (5) ◽  
pp. 735-753 ◽  
Author(s):  
Marion Jansen ◽  
Roberta Piermartini
Keyword(s):  
Bilateral Trade ◽  
Trade Flows ◽  
Temporary Migration ◽  
Bilateral Trade Flows
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