IDEAS home Printed from https://ideas.repec.org/a/eut/journl/v15y2010i2p1.html

R&D Spillovers, Trade Integration and Expansion of Trade Flows in East -West Asia and Pacific

Author

Listed:
  • Seyed Komail Tayebi

    (Associate Professor, Department of Economics University of Isfahan)

  • Fereshte Eshraghi

    (M.A. in Economics, University of Isfahan)

Abstract

Globalization is a complementary pattern beyond borders that brings about international investment, foreign trade, expansion of information and technology, convergence of production and consumption and integration of financial markets. Economic integration is an aspect of globalization which causes a decrease in prejudicial preventions among countries. In addition, it leads to the simplification of more extensive consumption markets, proficiency in production, use of capital and financial sources, use of technology spillovers, access to foreign investment and international cooperation. In this paper we focus on spillovers, arising from R&D development, trade relations and technology transfer. This study investigates the relationship between R&D spillovers, trade integration and their cross effects on expansion of trade flows in East - West Asia and Pacific. Accordingly, we use an augmented gravity trade model and estimate it the panel data approach to analyze the impacts of R&D spillovers and other determinants on bilateral trade relations among the selected Asia-Pacific countries over the period of 1995-2008. The results indicate that R&D spillovers and integration accelerate the trade flows.

Suggested Citation

  • Seyed Komail Tayebi & Fereshte Eshraghi, 2010. "R&D Spillovers, Trade Integration and Expansion of Trade Flows in East -West Asia and Pacific," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 15(2), pages 1-15, spring.
    • Handle: RePEc:eut:journl:v:15:y:2010:i:2:p:1
    as

    Download full text from publisher

    File URL: ftp://80.66.179.253/eut/journl/20102-1.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. I-Hui Cheng & Howard J. Wall, 2005. "Controlling for heterogeneity in gravity models of trade and integration," Review, Federal Reserve Bank of St. Louis, vol. 87(Jan), pages 49-63.
    2. Diao, Xinshen & Rattso, Jorn & Stokke, Hildegunn Ekroll, 2005. "International spillovers, productivity growth and openness in Thailand: an intertemporal general equilibrium analysis," Journal of Development Economics, Elsevier, vol. 76(2), pages 429-450, April.
    3. Abuaf, Niso & Jorion, Philippe, 1990. "Purchasing Power Parity in the Long Run," Journal of Finance, American Finance Association, vol. 45(1), pages 157-174, March.
    4. Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-116, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hwa-Taek Lee & Gawon Yoon, 2013. "Does purchasing power parity hold sometimes? Regime switching in real exchange rates," Applied Economics, Taylor & Francis Journals, vol. 45(16), pages 2279-2294, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pedro E. Moncarz, 2010. "Determinantes del comercio de servicios financieros Potencial de exportaciones para los países sudamericanos," Documentos de trabajo 2010019, Banco Central del Uruguay.
    2. Thi Hanh Vu, 2013. "International Export Flows of Vietnam :A Gravity Model Approach," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 56(1), pages 83-108.
    3. Anderson, James E. & Vesselovsky, Mykyta & Yotov, Yoto V., 2016. "Gravity with scale effects," Journal of International Economics, Elsevier, vol. 100(C), pages 174-193.
    4. Wessel, Jan, 2019. "Evaluating the transport-mode-specific trade effects of different transport infrastructure types," Transport Policy, Elsevier, vol. 78(C), pages 42-57.
    5. Simola, Antti, 2014. "Mitigation of Aquatic Contaminant Hazards – Economic Analysis of Regional Costs and Benefits," Conference papers 332551, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Paola Cardamone, 2007. "A Survey of the Assessments of the Effectiveness of Preferential Trade Agreements using Gravity Models," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 60(4), pages 421-473.
    7. Mohd Rosli, 2013. "Book Review: Small and Medium Enterprises (SMEs) Access to Finance in Selected East Asian Economies, by Charlies Harvie, Sothea Oum and Dionisius A. Narjoko, (eds), ERIA Research Project Report 2010-14, Jakarta: ERIA, 2011, 384 pp," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 5(2), pages 159-160, July.
    8. Yang, Yichen & Liu, Wen, 2024. "Free trade agreements and domestic value added in exports: An analysis from the network perspective," Economic Modelling, Elsevier, vol. 132(C).
    9. Michele Fratianni & Francesco Marchionne, 2012. "Trade Costs and Economic Development," Economic Geography, Taylor & Francis Journals, vol. 88(2), pages 137-163, April.
    10. Howard J. Wall, 1999. "Using the gravity model to estimate the costs of protection," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 33-40.
    11. Adu, Raymond & Litsios, Ioannis & Baimbridge, Mark, 2022. "ECOWAS single currency: Prospective effects on trade," Journal of International Money and Finance, Elsevier, vol. 126(C).
    12. Fabio Gaetano Santeramo & Emilia Lamonaca, 2022. "On the trade effects of bilateral SPS measures in developed and developing countries," The World Economy, Wiley Blackwell, vol. 45(10), pages 3109-3145, October.
    13. Anderson, James E. & Borchert, Ingo & Mattoo, Aaditya & Yotov, Yoto V., 2018. "Dark costs, missing data: Shedding some light on services trade," European Economic Review, Elsevier, vol. 105(C), pages 193-214.
    14. Bergstrand, Jeffrey H. & Larch, Mario & Yotov, Yoto V., 2015. "Economic integration agreements, border effects, and distance elasticities in the gravity equation," European Economic Review, Elsevier, vol. 78(C), pages 307-327.
    15. Alemayehu Geda & Atnafu Meskel, 2008. "China and India's Growth Surge: Is it a curse or blessing for Africa? The Case of Manufactured Exports," African Development Review, African Development Bank, vol. 20(2), pages 247-272.
    16. Meiling Li & Lijie Zhang & Zhuangzhuang Zhang, 2023. "Impact of Digital Economy on Inter-Regional Trade: An Empirical Analysis in China," Sustainability, MDPI, vol. 15(15), pages 1-22, August.
    17. Miroslav N. Jovanović (ed.), 2011. "International Handbook on the Economics of Integration, Volume III," Books, Edward Elgar Publishing, number 14137, June.
    18. Roland Rieder, 2006. "Playing Dominoes in Europe: An Empirical Analysis of the Domino Theory for the EU, 1962-2004," IHEID Working Papers 11-2006, Economics Section, The Graduate Institute of International Studies, revised Jun 2006.
    19. Michele Fratianni & Francesco Marchionne, 2008. "Heterogeneity In Trade Costs," Economics Bulletin, AccessEcon, vol. 6(48), pages 1-14.
    20. Baier, Scott L. & Yotov, Yoto V. & Zylkin, Thomas, 2019. "On the widely differing effects of free trade agreements: Lessons from twenty years of trade integration," Journal of International Economics, Elsevier, vol. 116(C), pages 206-226.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eut:journl:v:15:y:2010:i:2:p:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: [z.rahimalipour] (email available below). General contact details of provider: https://edirc.repec.org/data/fecutir.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.