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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Main Author:	Mat Ghani, Gairuzazmi
Format:	Article
Language:	English
Published:	Universiti Malaysia Sarawak 2009
Subjects:	HF1701 Tariff policy
Online Access:	http://irep.iium.edu.my/5311/ http://irep.iium.edu.my/5311/ http://irep.iium.edu.my/5311/1/trade_liberalization_developing.pdf

id	iium-5311
recordtype	eprints
spelling	iium-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
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF1701 Tariff policy
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
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.
format	Article
author	Mat Ghani, Gairuzazmi
author_facet	Mat Ghani, Gairuzazmi
author_sort	Mat Ghani, Gairuzazmi
title	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_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_sort	impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study
publisher	Universiti Malaysia Sarawak
publishDate	2009
url	http://irep.iium.edu.my/5311/ http://irep.iium.edu.my/5311/ http://irep.iium.edu.my/5311/1/trade_liberalization_developing.pdf
first_indexed	2023-09-18T20:13:50Z
last_indexed	2023-09-18T20:13:50Z
_version_	1777407655294271488

The impact of trade liberalization on developing countries' trade balance with industrial and developing countries: an econometric study

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