scholarly journals PORT DEVELOPMENT: RELATIONSHIP BETWEEN PORT TRAFFIC OF GUJARAT AND ITS HINTERLAND

2020 ◽  
pp. 62-81
Author(s):  
K M Chudasama
Keyword(s):  
International Trade ◽  
Open Economy ◽  
Economic Reforms ◽  
Traffic Data ◽  
Gujarat State ◽  
Port Development ◽  
Multimodal Transport ◽  
Merchandise Trade ◽  
Global World ◽  
The Relationship

The ports are nodal points that link the open economy with the global world and consequently port development and economic development are closely related. With the developments in multimodal transport and port operations, the benefit of ports percolates even in non coastal areas in far hinterland. In 1990’s, India initiated economic reforms emphasizing on international trade and since then, its international trade has increased remarkably and almost 90% of India’s international merchandise trade is handled by ports. In line with the initiatives of port development in India, Gujarat state has announced a separate port policy for port development as it has vast hinterland of developing northern states of India generating large volume of cargo for ports of Gujarat. This paper attempts to analyse the cargo traffic at ports of Gujarat in relation to the output (GSDP) of selected 8 states of India in its hinterland. Bi-variate Log Log Regression Model is applied to determine the relationship between GSDP of 8 hinterland states and the volume of cargo traffic handled by ports in Gujarat using the GSDP and Port Traffic data from 2011-2019. It is observed that increase in output in the hinterland states leads to significant increase in cargo traffic at ports of Gujarat depicting that 1 % increase in GSDP of Gujarat, Rajasthan, Haryana, Punjab, Himachal Pradesh, Jammu & Kashmir, Delhi and Madhya Pradesh lead to on an average 0.39 % to 0.55 % of increase in cargo traffic at ports of Gujarat which implies that cargo traffic at ports of Gujarat is highly affected by output in its hinterland states in addition to the output of Gujarat..

Relationship between Cross-Border Mergers and Acquisitions and International Trade: The Case of Russian Pharmaceutical Industry

2020 ◽  
pp. 81-94
Author(s):  
Alexandra V. Chugunova ◽  
Olga A. Klochko
Keyword(s):  
International Trade ◽  
Mergers And Acquisitions ◽  
Volume Growth ◽  
Pharmaceutical Products ◽  
Pharmaceutical Companies ◽  
Cross Border ◽  
Export Volume ◽  
Relationship Of ◽  
Geographical Diversification ◽  
The Relationship

This research studies the relationship of cross-border mergers and acquisitions to international trade through the lens of Russian pharmaceutical market. To this aim, the study analyses the woks of foreign economists dedicated to evaluating the link between foreign direct investment and international trade, and the influence of mergers and acquisitions on countries’ export and import flows. The research also presents a correlation analysis between the volume of Russian pharmaceutical exports and imports and cross-border deals performed by foreign pharmaceutical companies in Russia. We characterize these deals and conduct a comparative analysis of the regional structure of Russian pharmaceutical exports and imports as well as of the countries of origin of buyers in cross-border mergers and acquisitions. The results of the analysis indicate a positive relationship between cross-border mergers and acquisitions and Russian pharmaceutical exports, which is reflected in the export volume growth and its geographical diversification. However, it is outlined that particular problems of the industry hinder the amelioration of Russian positions in international exports. Similarly, the relationship between cross-border deals and Russian imports is positive: the major pharmaceutical products supply flow occurs from the countries of origin of buyers in cross-border mergers and acquisitions conducted in the Russian pharmaceutical sector.

scholarly journals Trade credit, trade income elasticity and the international transmission of shocks

2021 ◽  
Author(s):  
Anna Watson
Keyword(s):  
International Trade ◽  
Open Economy ◽  
Trade Credit ◽  
Income Elasticity ◽  
Heterogeneous Firms ◽  
Firm Level ◽  
Macroeconomic Shocks ◽  
Cyclical Fluctuations ◽  
Irish Data ◽  
The Impact

AbstractThe paper examines the impact of trade credit on cyclical fluctuations in international trade. It provides new empirical evidence based on firm-level UK and Irish data showing that exporters use trade credit more actively and intensively than non-exporters. The study introduces inter-firm lending into an open economy general equilibrium model with heterogeneous firms and endogenous entry into the exports market. It demonstrates that trade credit amplifies the impact of macroeconomic shocks on international trade both along the intensive and extensive margins and that it significantly contributes to the high trade income elasticity observed in the data.

International Trade and Protection of the Environment: The Continuing Search for Reconciliation

1997 ◽  
Vol 91 (2) ◽  
pp. 268-313 ◽  
Author(s):  
Thomas J. Schoenbaum
Keyword(s):  
United States ◽  
International Trade ◽  
Dispute Resolution ◽  
Well Being ◽  
The Other ◽  
Mutual Understanding ◽  
Political Issues ◽  
Environmental Measures ◽  
Different Cultures ◽  
The Relationship

Before 1991, the relationship between the protection of the environment and international trade was an arcane specialty that attracted little attention. In 1971 the GATT Council established a Working Group on Environmental Measures and International Trade. This group did not even meet for over twenty years.Everything changed with the decision in the Tuna/Dolphin I case, in which a GATT dispute resolution panel declared a United States embargo on tuna caught by fishing methods causing high dolphin mortality to be illegal. The Tuna/Dolphin I decision produced an explosion of rhetoric in both learned journals and the popular press. It was also a very interesting clash of very different “cultures,” trade specialists versus environmentalists. At die outset, neither group knew much about the other. Now, however, the legal and political issues have been identified and ventilated, mutual understanding has increased, and the process has begun to reconcile two values that are absolutely essential to the well-being of mankind: protection of the environment and international free trade.

International Trade and Conflict

2021 ◽  
Author(s):  
Edward D. Mansfield
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Trade Agreements ◽  
Empirical Literature ◽  
Third Wave ◽  
Military Conflict ◽  
The Third ◽  
Effects Of War ◽  
The Relationship ◽  
Market Capitalism

This chapter surveys the empirical literature on the effects of foreign trade on political-military conflict. There have been three “waves” of work on this topic since 1980. It is argued that the most recent wave differs from earlier waves in various important respects. First, it has made significant headway in addressing the causal mechanisms underlying the relationship between trade and conflict. Second, this wave has addressed a wider variety of aspects of trade, including trade policy and trade agreements. Third, a variety of recent studies have shed new light on the effects of trade on the outbreak of war, as well as the effects of war on the trade ties of combatants. Finally, the third wave of research on trade and conflict has addressed whether the effects of trade stem from market capitalism more generally and whether a simultaneous relationship exists between trade and conflict.

Error assessment of traffic emission estimates using novel mobility datasets.

2021 ◽  
Author(s):  
Johannes Gensheimer ◽  
Alexander J. Turner ◽  
Ankit Shekhar ◽  
Adrian Wenzel ◽  
Frank N. Keutsch ◽  
...  
Keyword(s):  
Local Governments ◽  
Traffic Data ◽  
Traffic Emission ◽  
Trace Gas Emissions ◽  
Mobility Data ◽  
Full Analysis ◽  
Government Data ◽  
The Individual ◽  
Future Work ◽  
The Relationship

<p><span>The COVID-19 pandemic led to widespread reductions in mobility and induced observable changes in the atmosphere. Recent work has employed novel mobility datasets as a proxy for trace gas emissions from traffic, yet there has been little work evaluating these emission numbers. </span></p><p><span>We systematically compare mobility datasets from TomTom and Apple to traffic data from local governments in seven diverse urban and rural regions to characterize the magnitude of errors in emissions that result from using those mobility datasets as a proxy for traffic. We observe differences in excess of 60% between these mobility datasets and local traffic data, which result in large errors in emission estimates. These differences are in part driven by the usage of different baselines and the neglect of seasonality, but mainly they are caused by the individual representations of the datasets. The relationship varies strongly depending on time and region and therefore no general functional relationship between mobility data and traffic flow over all regions can be determined. Future work should be cautious when using these mobility metrics for emission estimates. Further, we use the local government data to identify actual emission reductions from traffic in the range of 7-22% in 2020 compared to 2019 for our study regions. Our full analysis is summarized in Gensheimer et al. (2020).</span></p><p><span>Gensheimer, J., Turner, A., Shekhar, A., Wenzel, A., & Chen, J. (2020). What are different measures of mobility changes telling us about emissions during the COVID-19 pandemic? Earth and Space Science Open Archive, 11. Retrieved from doi: 10.1002/essoar.10504783.1</span></p>

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