The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study
This paper examines the impact of trade liberalization on the merchandise trade balance for a sample of developing countries that have adopted trade liberalization policies. The impact is differentiated according to the destinations and origins of the exports and imports, whether they are developi...
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| Format: | Article |
| Language: | English |
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Universiti Malaysia Sarawak
2009
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| Online Access: | http://irep.iium.edu.my/5311/1/trade_liberalization_developing.pdf |
| _version_ | 1825644650349723648 |
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| author | Mat Ghani, Gairuzazmi |
| author_facet | Mat Ghani, Gairuzazmi |
| author_sort | Mat Ghani, Gairuzazmi |
| collection | IIUM |
| description | This paper examines the impact of trade liberalization on the merchandise trade balance for a sample of developing
countries that have adopted trade liberalization policies. The impact is differentiated according to the destinations
and origins of the exports and imports, whether they are developing or industrial countries. This is important as
one of the arguments for protection is based on the assumption of asymmetry in the elasticities of products traded between developing and industrial countries, and this asymmetry leads to disparity in economic growth. The paper shows that the impact on the merchandise trade balance differs between the two groups of trading partners; there is weak evidence that the trade balance worsens (increase in deficit) for trade with developing countries, but the trade balance improves (increase in surplus) for trade with industrial countries. |
| first_indexed | 2024-03-05T22:35:55Z |
| format | Article |
| id | oai:generic.eprints.org:5311 |
| institution | International Islamic University Malaysia |
| language | English |
| last_indexed | 2024-03-05T22:35:55Z |
| publishDate | 2009 |
| publisher | Universiti Malaysia Sarawak |
| record_format | dspace |
| spelling | oai:generic.eprints.org:53112011-10-31T07:18:26Z http://irep.iium.edu.my/5311/ The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study Mat Ghani, Gairuzazmi HF1701 Tariff policy This paper examines the impact of trade liberalization on the merchandise trade balance for a sample of developing countries that have adopted trade liberalization policies. The impact is differentiated according to the destinations and origins of the exports and imports, whether they are developing or industrial countries. This is important as one of the arguments for protection is based on the assumption of asymmetry in the elasticities of products traded between developing and industrial countries, and this asymmetry leads to disparity in economic growth. The paper shows that the impact on the merchandise trade balance differs between the two groups of trading partners; there is weak evidence that the trade balance worsens (increase in deficit) for trade with developing countries, but the trade balance improves (increase in surplus) for trade with industrial countries. Universiti Malaysia Sarawak 2009 Article PeerReviewed application/pdf en http://irep.iium.edu.my/5311/1/trade_liberalization_developing.pdf Mat Ghani, Gairuzazmi (2009) The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study. International Journal of Business and Society, 10 (2). pp. 53-64. ISSN 1511-6670 http://ijbs.my/index.php?option=com_content&view=article&id=109:a4&catid=20:vol10no2&Itemid=6 |
| spellingShingle | HF1701 Tariff policy Mat Ghani, Gairuzazmi The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study |
| title | The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study |
| title_full | The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study |
| title_fullStr | The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study |
| title_full_unstemmed | The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study |
| title_short | The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study |
| title_sort | impact of trade liberalization on developing countries trade balance with industrial and developing countries an econometric study |
| topic | HF1701 Tariff policy |
| url | http://irep.iium.edu.my/5311/1/trade_liberalization_developing.pdf |
| work_keys_str_mv | AT matghanigairuzazmi theimpactoftradeliberalizationondevelopingcountriestradebalancewithindustrialanddevelopingcountriesaneconometricstudy AT matghanigairuzazmi impactoftradeliberalizationondevelopingcountriestradebalancewithindustrialanddevelopingcountriesaneconometricstudy |