Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Middle Eastern Department.
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| ISBN: | 1282025481
9781282025486
1451903111
9781451903119
1462328687
9781462328680
1451997485
9781451997484
9786613796288
661379628X
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| Notes: | Includes bibliographical references (pages 29-30).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper provides a framework for understanding trade patterns in the Mashreq. An augmented gravity model is used to compare actual with expected levels of trade. Trade barriers, political uncertainty, and over-appreciation of domestic currencies seem to explain low levels of international trade. At the intra-regional level, specific trade barriers between Israel and other Mashreq countries reduce further levels of trade. Quite surprisingly, removing Israel from the sample leads to higher actual intra-regional trade than predicted. The analysis suggests that trade liberalization, correction of currency misalignments, reduction of political uncertainty, and improved trade relations with Israel would boost trade in the region.
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| Other form: | Print version: Blavy, Rodolphe. Trade in the Mashreq. [Washington, D.C.] : International Monetary Fund, Middle Eastern Dept., ©2001
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| Standard no.: | 10.5089/9781451903119.001
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