Journal of International Trade Law and Policy, 2008
ABSTRACT Purpose – The purpose of this paper is to examine the export, import, and total trade de... more ABSTRACT Purpose – The purpose of this paper is to examine the export, import, and total trade determinants using reduced form equations for six Pacific Island countries (PICs) with an institutional focus. Design/methodology/approach – A fixed effects model, controlling for AR(1) errors, using panel data for selected PICs is utilized. Controlling for common determinants of trade, four indicators of institutional quality: government effectiveness; rule of law; regulatory quality; and control of corruption are tested. Findings – The empirical results indicate that improvements in institutional quality variables matter for improved levels of trade. The results also provide confirmation that the appreciation of currency does not significantly harm trade; higher levels of technological diffusion are vital for improved trade; and that gradual liberalization of trade through tariff reduction strongly facilitates more trade. Practical implications – This study clearly points out that the institutional quality in the selected countries is a significant factor in determining the level of trade. Originality/value – This paper expresses the view that institutions matter for enhanced trade.
Food security is an important need in developing countries. Many countries tried to attract exter... more Food security is an important need in developing countries. Many countries tried to attract external investment to improve the development and reduce the problem of hunger. Many types of research showed that not all foreign direct investments have the same effect on domestic welfare. Therefore, a question arises: how do capital flows affect the food security in the developing countries? In addition, how do these flows relate to the political situation and stability in the beneficiary countries? Based on the above, a research will be developed to redefine the definition of food security as a multidimensional concept also discovering different types of foreign capitals for different types of food security. In this research, various indicators of food security recommended by the Food and Agriculture Organization (FAO) to test this problem will be shown, in addition to these indicators, an economic data about a foreign direct investment of 71 developing countries and transition countrie...
Journal of International Trade Law and Policy, 2008
ABSTRACT Purpose – The purpose of this paper is to examine the export, import, and total trade de... more ABSTRACT Purpose – The purpose of this paper is to examine the export, import, and total trade determinants using reduced form equations for six Pacific Island countries (PICs) with an institutional focus. Design/methodology/approach – A fixed effects model, controlling for AR(1) errors, using panel data for selected PICs is utilized. Controlling for common determinants of trade, four indicators of institutional quality: government effectiveness; rule of law; regulatory quality; and control of corruption are tested. Findings – The empirical results indicate that improvements in institutional quality variables matter for improved levels of trade. The results also provide confirmation that the appreciation of currency does not significantly harm trade; higher levels of technological diffusion are vital for improved trade; and that gradual liberalization of trade through tariff reduction strongly facilitates more trade. Practical implications – This study clearly points out that the institutional quality in the selected countries is a significant factor in determining the level of trade. Originality/value – This paper expresses the view that institutions matter for enhanced trade.
Food security is an important need in developing countries. Many countries tried to attract exter... more Food security is an important need in developing countries. Many countries tried to attract external investment to improve the development and reduce the problem of hunger. Many types of research showed that not all foreign direct investments have the same effect on domestic welfare. Therefore, a question arises: how do capital flows affect the food security in the developing countries? In addition, how do these flows relate to the political situation and stability in the beneficiary countries? Based on the above, a research will be developed to redefine the definition of food security as a multidimensional concept also discovering different types of foreign capitals for different types of food security. In this research, various indicators of food security recommended by the Food and Agriculture Organization (FAO) to test this problem will be shown, in addition to these indicators, an economic data about a foreign direct investment of 71 developing countries and transition countrie...
Uploads
Papers by mohamed Balouza