Essays on international trade and factor flows
Essays on international trade and factor flows
This thesis contributes to the theoretical literature on gravity models and their ability to predict South-North trade flows in a modified neo-classical framework. It also contributes to the empirical literature on trade barriers and, more specifically, to the newly evolving literature on the trade effect of inefficiencies in maritime transport. The thesis concludes with an empirical analysis aiming at extending the work on the interaction between factor and commodity flows when they are studied in a single setting.
Chapter 2 addresses the implications of a gravity model that is based on the assumption of imperfect specialization in production within a Hecksher-Ohlin (H-O) setting that is adjusted to account for the existence of trade frictions and technological differences across countries. The major findings of this chapter lie in the testable predictions drawn from the derived model that serve to explain the underlying process of the North-South type of trade. I find evidence for income elasticities being strictly less than one. In addition, the model predicts that exports originating from South countries are more sensitive to their partners’ incomes than they are to their own income.
Chapter 3 is an empirical study that is the first to examine the impact of seaport-related inefficiencies in three Maghreb countries (Algeria, Morocco and Tunisia) on maritime transportation costs, general trade levels and on the process of trade integration with the EU. Findings are that even when distance is controlled for, exporter-specific maritime transportation costs have a significant and negative effect on exports to the EU15 emphasizing the-role of the sea barrier in the selection process of countries as non "natural trading partners".
Chapter 4 is another empirical study that aims to identify the most suitable econometric technique for the estimation of FDI flows within a setting that joins all three components of the Migration-Investment-Trade (MIT) relationship in one framework. Findings suggest that controlling for trade when studying the effect of migration on the flow of FDI delivers estimation results that better comply with established theoretical predictions.
University of Southampton
El Yaman, Souraya
a4ce759d-da9f-4c90-b988-341b218b8456
2006
El Yaman, Souraya
a4ce759d-da9f-4c90-b988-341b218b8456
El Yaman, Souraya
(2006)
Essays on international trade and factor flows.
University of Southampton, Doctoral Thesis.
Record type:
Thesis
(Doctoral)
Abstract
This thesis contributes to the theoretical literature on gravity models and their ability to predict South-North trade flows in a modified neo-classical framework. It also contributes to the empirical literature on trade barriers and, more specifically, to the newly evolving literature on the trade effect of inefficiencies in maritime transport. The thesis concludes with an empirical analysis aiming at extending the work on the interaction between factor and commodity flows when they are studied in a single setting.
Chapter 2 addresses the implications of a gravity model that is based on the assumption of imperfect specialization in production within a Hecksher-Ohlin (H-O) setting that is adjusted to account for the existence of trade frictions and technological differences across countries. The major findings of this chapter lie in the testable predictions drawn from the derived model that serve to explain the underlying process of the North-South type of trade. I find evidence for income elasticities being strictly less than one. In addition, the model predicts that exports originating from South countries are more sensitive to their partners’ incomes than they are to their own income.
Chapter 3 is an empirical study that is the first to examine the impact of seaport-related inefficiencies in three Maghreb countries (Algeria, Morocco and Tunisia) on maritime transportation costs, general trade levels and on the process of trade integration with the EU. Findings are that even when distance is controlled for, exporter-specific maritime transportation costs have a significant and negative effect on exports to the EU15 emphasizing the-role of the sea barrier in the selection process of countries as non "natural trading partners".
Chapter 4 is another empirical study that aims to identify the most suitable econometric technique for the estimation of FDI flows within a setting that joins all three components of the Migration-Investment-Trade (MIT) relationship in one framework. Findings suggest that controlling for trade when studying the effect of migration on the flow of FDI delivers estimation results that better comply with established theoretical predictions.
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Published date: 2006
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Local EPrints ID: 466085
URI: http://eprints.soton.ac.uk/id/eprint/466085
PURE UUID: 3e53f13e-d784-4e52-8324-2e88230f10e4
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Date deposited: 05 Jul 2022 04:16
Last modified: 16 Mar 2024 20:30
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Author:
Souraya El Yaman
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