Search results for " Trade"

Contagion in Bitcoin Networks

2019

12 pages, 6 figures. Paper accepted in 2nd Workshop on Blockchain and Smart Contract Technologies (BSCT 2019), workshop satellite of 22nd International Conference on Business Information Systems (BIS 2019); International audience; We construct the Google matrices of bitcoin transactions for all year quarters during the period of January 11, 2009 till April 10, 2013. During the last quarters the network size contains about 6 million users (nodes) with about 150 million transactions. From PageRank and CheiRank probabilities, analogous to trade import and export, we determine the dimensionless trade balance of each user and model the contagion propagation on the network assuming that a user go…

Sustainable Development and Energy Policy: Actual CO2 Emissions in the European Union in the Years 1997–2017, Considering Trade with China and the USA

2020

One of the ways of implementing the concept of sustainable development by the European Union is their energy policy. Among the three main objectives in its energy policy is a reduction in greenhouse gases (mainly CO2) emissions to at least 20% below 1990 levels by 2020. This study aims to assess the impact of international trade on actual CO2 emission in the EU, China and the USA for the period 1997–2017. For this aim, the Actual-Open CO2 emissions were calculated, taking into account the transfer of CO2 in exported products and services from China and the USA to the EU and vice versa. It is concluded that the actual CO2 emissions in China, the USA, and the EU differed from the traditionall…

Civil Society in the 2004 Romanian Elections: Watchdog, Involved Arbiter or Political Actor?

2010

Abstract Civil society has proven outstanding capacities of involvement in the 2004 general elections in Romania and put a remarkable pressure on the political society. This paper aims to discuss the consequences of such involvement for both the political and civil society. We also investigate the conditions that have favoured a successful challenge of the main political actors by the most visible civic advocacy organizations. Further, we inquire how deep can an actor from the civil society go into the lands of the political society. In the end, we weight the achievements and the failures of civil society’s active involvement in the game of elections.

Towards a New European Neighbourhood Policy (ENP): What Benefits of the Deep and Comprehensive Free Trade Agreements (DCFTAs) for Shared Prosperity a…

2016

This article examines the problem of the ENP countries’ integration with the EU market from two perspectives: the macroeconomic situation as an integral component of the overall transformation process and the integration with the EU markets, and the political economy of the regional integration perspectives of these countries. This methodological approach serves as a tool for integrating a number of main goals related to the EU’s soft power that require the development and support of civil society in the neighbouring states. This contribution aims to offer insight in the implementation of the regional arrangements, taking into consideration new political and economic realities in the Eurasi…

Polyomino Number Theory (II)

2003

Polyominoes are connected plane figures formed of joining unit squares edge to edge. We have a monomino, a domino, two trominoes named I and V, five tetrominoes named I, L, N, O and T, respectively, and twelve pentominoes (a registered trademark of Solomon W. Golomb) named F, I, L, N, P, T, U, V, W, X, Y and Z respectively.

Does the GATT/WTO promote trade? After all, Rose was right

2019

This paper re-examines the effect of the GATT/WTO on trade using recent econometric developments that allow us estimating structural gravity equations with the Poisson pseudo-maximum likelihood (PPML) estimator on a large dataset that requires computing high-dimensional fixed effects. By doing so, we overcome computational limitations that are present in previous studies. In line with Rose’s (Am Econ Rev 94:98–114, 2004) seminal work, we find that, unlike regional trade agreements and currency unions, the GATT/WTO accession has not generated positive trade effects. This result is robust to the use of alternative measures of trade flows, across periods and country groups, to changes in the p…

Franchising in Russia

2006

Maritime Trade and Merchant Shipping: The Shipping/Trade-Ratio from the 1870s Until Today.

2016

This paper discusses the development of countries’ market shares in world shipping over the last 150 years. The analysis is based upon a new and purpose-built indicator: the shipping/trade-ratio. This indicator presents the relationship between the merchant marine of a country and the country’s role in world trade. Analysis of the shipping/trade-ratio identifies two important developments. First, although the share of the world fleet registered in Europe has dropped significantly, Europe’s role in world shipping over the last fifty years has been more stable than is commonly perceived. Second, there appears to have been an increasing specialisation in the world shipping industry, both among…

Assessing the Enlargement and Deepening of the European Union

2008

This paper estimates a theoreticallymotivated gravity model to examine the effect of the European Union (EU) on trade and whet her the order of entry has affected the trade performance of member countries. Additionally, we analyse the impact of the diffe rent phases of EU integration on trade. The results show that both original countries and successive enlargements boost intra-b loc trade. Moreover, the results suggest that the deepening in the integration process has led to more trade creation among members. Finally, only the latter ph ase of the European integration process (the single currency) has increased trade with non-members.

Public Support for TTIP in EU Countries: What Determines Trade Policy Preferences in a Salient Real-World Case?

2016

Attitudes towards international economic integration are usually measured via survey questions on preferences for free trade in general, arguably in contexts of low salience of international economic integration in the public mind. Drawing on three recent rounds of Eurobarometer surveys that contain information on citizens’ attitudes towards a free trade and investment agreement between the EU and the USA, this paper seizes the opportunity to re-examine individual-level preferences towards international economic integration with regard to a specific real-world case of relatively high political salience, i.e. TTIP. While past research has explained preferences towards trade primarily via mod…