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"What explains the revival of trade since 2004 is the higher oil and gas prices in the case of exports from Russia to Eastern Europe, and higher economic growth in Russia in the case of imports from Eastern Europe".
In the case of imports, the interpretation is straightforward.
A country's trade relation is understood as a product destination pair in the case of exports and a product supplier pair in the case of imports.
A 1% increase in North American participation in the import basket composition, all ceteris paribus, promotes an increase of 0.06% in the quality of the intra-bloc export basket, while imports from EU promoted an increase of 0.04%, followed by increases of 0.02% in the case of imports from LA or EA, and 0.01% for the ROW.
The results indicate that in the case of imports from China, the effect on the intra-bloc exports sophistication level were not positive as expected, revealing that its exports to Latin America were still composed of cheaper and less sophisticated parts and components.
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That begins with suppliers of production inputs, then it relates to manufacturers and, in the case of imported goods, importers too.
These responses were found to be particularly prominent in the case of import-competing manufacturing sectors.
In case of import, 7.7 and 4.3% of total imports of Malaysia and Vietnam are originated from the USA, respectively.
In case of import growth, Scenario 2 reveals that there is an overall increase of 0.20% (Table 6 in "Appendix").
In the case of import of perishable goods, the presence of pro-capita income and variable NT, that characterizes border zones, is important.
The aim of our paper is to describe a new case of imported LBRF detected in Sicily, Italy, and to review all cases reported in migrants arrived in Europe in the last 10 years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com