The reasons for the existence of trade, and how countries choose their trading partners are many. Not only natural production possibilities but also economic, historical, geographical, political, sociological and cultural factors decide the extent and composition of trade between countries. In addition to these factors, the rules and regulations implemented by countries for the economic actors are of big importance (Kleen, Moberg & Palm, 2003).
This thesis investigates the determinants of Taiwan’s import changes and the underlying factors of the decreasing Swedish export to Taiwan between 1994 and 2005. The empirical study includes 36 countries from both the Pacific Rim and OECD. …
Contents
1 Introduction
1.1 Problem Discussion
1.2 Purpose
1.3 Literature Review
1.4 Outline
2 Theoretical Framework
2.1 Trade Theories
2.2 Imports, Exports and GDP
2.3 Gravity Model of Trade
2.4 Exchange Rate Impact on Imports
2.5 Distance and Geographic Transaction Costs
3 Empirical Framework
3.1 Data Selection and Time Period
3.2 Regression Model
3.3 Econometric Challenges
3.4 Empirical Results
3.5 Commodity Data
4 Analysis
5 Conclusion and Further Research
References
Author: Luomaranta, Henri,Lundqvist, Lars
Source: Jönköping University
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