Trade in the Mashreq : an empirical examination /
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Author / Creator: | Blavy, Rodolphe. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, Middle Eastern Dept., ©2001. |
Description: | 1 online resource (30 pages) |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/01/163 IMF working paper ; WP/01/163. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12495994 |
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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Physical Description: | 1 online resource (30 pages) |
Format: | 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. |
Bibliography: | Includes bibliographical references (pages 29-30). |
ISBN: | 1282025481 9781282025486 1451903111 9781451903119 1462328687 9781462328680 1451997485 9781451997484 9786613796288 661379628X |
ISSN: | 2227-8885 ; |