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Although international trade has been much studied by both economists and regional scientists, the nature, causes, and the consequences of interregional trade, i.e., trade between regions within countries has received far less attention. In addition, given recent advances in new economic geography on the theoretical front and in the development of both input-output and computable general equilibrium models on the empirical front, the important subject of interregional trade is now open to study using these theoretical and empirical methodologies. Given this state of affairs, this book aims to present chapters written by a carefully selected group of experts in the field and thereby shed valuable light on key outstanding questions concerning the region and trade. These questions include, but are not limited to, the role of external economies in shaping the pattern of interregional trade, the role of natural resources versus traditional factors of production such as labor and capital in driving interregional trade, the relationship between transport and interregional trade, “high value” interregional trade in services, and the role of interregional trade estimation in the construction of a multi-regional, input-output system.
Urbanization is one of the most important phenomena in economic development. In the past three decades, Asian urban populations expanded by almost one billion, a figure expected to double in the next three decades. Clearly, both the scale and pace of urbanization in Asia is unprecedented in human history and will dominate the global urbanization landscape. Asia's urbanization, in turn, is dominated by what is happening in China and India, the two most populous, fastest growing economies in the world. Cities of Dragons and Elephants: Urbanization and Urban Development in China and India aims at addressing the two most fundamental issues of urbanization: why and where to urbanize. Contributed by a team of top experts from both countries, it uses original research to explore both the speed and scale of urbanization and urban systems or spatial distribution of urbanities in different-sized citites. It examines various drivers of urbanization alongside the benefits and costs and the role of markets, governments, and NGOs. Cities of Dragons and Elephants presents evidence-based policy suggestions regarding the labor market, the land and housing market, FDI and the capital market, education, environment, poverty, and inequality. It uses the similarities betwen India and China to draw conclusions and implications of enormous relevance to many governments and institutions in Asia and beyond.
Intends to present the developments in the methodology and practice of CGE techniques as they apply to various issues in international trade policy. This title is suitable for academic researchers working in trade policy analysis and applied general equilibrium, and advanced graduate students in international economics.
The first in a two volume tribute to Walter Isard, the second being "Dynamics and Conflict in Regional structural Change", this book looks at new frontiers in regional science. Together they contains 50 papers by experts in this field, and look at subjects such as location theory.
The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential pole of world trade and economics, with the center of gravity shifting to this region. This book presents analytical insights into the various regional and bilateral trade agreements (RTAs) and their beneficial effects on bilateral trade and development. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade flows and influence future economic engagements.The book in a novel way also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes, once those taken into account could ensure the successful execution of the agreements. The book dwells on the issue of regionalism and multilateralism with reference to General Agreements on Trade and Tariffs and World Trade Organisation, which have revolutionized the trade dynamics by opening up new areas of trade-rules and formulating specific policy guidelines for the member countries to adhere to during trade negotiations. The book also provides new insights into some of the issues of negotiations such as sensitive lists, trade and investment cooperation, including trade in services, rules of origin, non-tariff barriers, anti-dumping etc. The book also focuses on policy instruments that could convert trade gains to development gains. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail./a
Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
This book presents extensions to current commodity-flow models to analyze the economic and environmental impacts of recent structural changes, such as fragmentation of production and lengthening supply chains. The extensions enable augmented commodity-flow models to analyze the vulnerability of supply chains and regions to climate change and extreme weather events. The models allow the explicit treatment of trade in intermediate goods; the so-called “new economic geography” behavioral foundations for production and inter-industry and interregional trade; endogenous determination of capital investment and employment; and changes in emissions associated with production, consumption and freight movement. Presenting a modeling framework and simulations that are based on a thirty-year, spatial time-series of inter-industry and interstate trade in the US, this unique book is a valuable resource for regional scientists, economic geographers and transportation modelers, as well as environmental and atmospheric scientists.