Index

Harold DelfÍn Angulo Bustinza (Continental University, Peru)

International Trade and Inclusive Economic Growth

ISBN: 978-1-83753-471-5, eISBN: 978-1-83753-470-8

Publication date: 3 May 2024

This content is currently only available as a PDF

Citation

Angulo Bustinza, H.D. (2024), "Index", International Trade and Inclusive Economic Growth, Emerald Publishing Limited, Leeds, pp. 113-116. https://doi.org/10.1108/978-1-83753-470-82024008

Publisher

:

Emerald Publishing Limited

Copyright © 2024 Harold Delfín Angulo Bustinza. Published under exclusive licence by Emerald Publishing Limited


INDEX

Absolute advantage theory
, 66–67

Adjusted net savings
, 29

Agriculture
, 42

Alibaba
, 80–81

Amazon
, 80–81

Antidumping
, 32

Autocorrelation
, 95

residuals
, 95

Belt and Road Initiative (BRI)
, 83

Breusch-Pagan test
, 93–94

Capital
, 4

circulation of
, 5

Carbon intensity of GDP
, 30

Centralist socialism
, 5

China
, 1–2, 83

autocorrelation
, 95

compliance with assumptions
, 93

economic effect of international trade between Latin America and
, 84, 90, 96

heteroskedasticity
, 93–94

international business with world regions
, 85

and Latin America
, 86

materials and methods
, 90–91

multicollinearity
, 94

normality of residuals
, 94–95

results
, 91–95

stationarity
, 95

statistical estimates
, 93

Circular causality
, 73

Comparative advantage theory
, 67–68

Competition
, 32

Consumer Price Index (CPI)
, 52

Corruption
, 32

COVID-19
, 81

Cuban Revolution
, 12

Darwinian model of evolution, The
, 11

Dependence Theory
, 12–15

Deprivation approach
, 20

Development theories
, 12

Developmentalism
, 12

Digital commerce
, 80–81

E-commerce
, 80–81

Econometric strategy
, 52–55

Economic Commission for Latin America and the Caribbean (ECLAC)
, 12, 14, 25, 37, 39, 44–45, 84–85

competitiveness
, 32

dimensions according to
, 30–32

education
, 31

gender
, 32

labor market policies, tax policies
, 31–32

political and social instability
, 32

poverty
, 32

productivity
, 31

technology
, 30–31

value chains
, 31

work
, 31

Economic growth
, 2, 48

endogenous growth model
, 9–10

evolutionary theories of
, 10–11

Harrod–Domar Models
, 6

ISI model or dependence theory
, 12–15

modern and contemporary theories of economic growth or neoclassical theories of
, 6–7

modern Post-keynesian theories
, 7–9

neoliberal model
, 15–16

new economic trends post-financial crisis 2008
, 16–18

Solow–Swan Model
, 6–7

traditional classical theory of
, 3–5

Education
, 31

Employment
, 27

dimension
, 33

Employment-population ratio
, 28

Endogenous growth model
, 9–10

European Economic Community
, 74–75

Evolutionary Theories of Economic Growth
, 10–11

Exclusion
, 44–46

Exponential economic growth
, 11

Fiscal policy
, 48–51

Foreign Direct Investment (FDI)
, 1, 34, 83, 90, 97

Gender
, 32

General Agreement on Tariffs and Trade
, 15–16

Generalized Least Squares (GLS)
, 55, 97

Gini coefficient
, 28–29

Gini income
, 28

GINI index
, 45–46

Gini wealth
, 29

Global commodity chains (GCCs)
, 78

Global digital commerce
, 80–81

Global markets
, 32

Global production networks
, 16–17

Global value chains (GVCs)
, 77, 79

Government debt
, 29

Gravity model
, 74, 90–91, 97

Gross domestic product (GDP)
, 1, 14–15, 19, 74, 84

growth
, 97

per capita
, 26

Harrod–Domar Models
, 6

Hausman test, The
, 60

Hayekian-oriented neoliberals
, 15–16

Health dimension
, 33

Healthy life expectancy
, 27

Heckscher-Ohlin factors
, 68–70

Heckscher-Ohlin model
, 69, 75

Heteroskedasticity
, 93–94

studentized Breusch-Pagan Test
, 94

Import Substitution Industrialization model (ISI model)
, 12–15

Inclusion
, 28–29, 44, 46

Inclusive economic growth
, 2, 19–21, 56, 97

determinants of inclusive economic growth in Latin America
, 34–64

dimensions according to ECLAC
, 30–32

dimensions according to OECD
, 32–33

dimensions according to WEF
, 26–30

dimensions according to World Bank
, 33–34

dimensions and indicators of
, 26–34

proposed by other authors
, 34

Inclusive growth (see also Economic growth)
, 47

determinants of
, 48–51

fiscal, monetary, and structural policy
, 48–51

in Latin America
, 40–47

Income
, 21

Independent Commission for the Reform of International Corporate Taxation (ICRICT)
, 18

Inequality
, 24, 44, 46

Input-output method
, 70–71

Intergenerational equity and sustainability
, 29–30

International cooperation and dependence
, 12–13

International Monetary Fund (IMF)
, 14–15, 24

International organizations
, 24

International trade
, 89

between China and Latin America, economic effect of (2000–2021)
, 84, 90, 96

Heckscher-Ohlin factors
, 68–70

Leontief Paradox
, 70–71

models
, 71

modern theory of international trade
, 71–81

theory of absolute advantage
, 66–67

theory of comparative advantage
, 67–68

theory of mercantilism
, 65–66

traditional theory of international trade
, 65–71

Internationalization processes
, 1–2

Jarque–Bera test
, 53–54

Kuznets Curve
, 20–21, 44

Labor market policies
, 31–32

Labor productivity
, 26–27

Lagrange multiplier test
, 58, 60

Latin America
, 83–84

autocorrelation
, 95

China and
, 86

compliance with assumptions
, 93

description and abbreviation of variables of econometric model
, 53

descriptive statistics of variables
, 57

determinants of inclusive economic growth in
, 34–35, 51, 62, 64

determinants of inclusive growth
, 48–51

distribution of income per capita
, 36, 38–39

econometric strategy
, 52–55

economic effect of international trade between China and
, 84, 90, 96

environmental factors
, 46–47

heteroskedasticity
, 93–94

inclusion, exclusion, and inequality
, 44–46

inclusive growth
, 40, 47

linear correlation between inclusive economic growth and explanatory variables
, 58

materials and methods
, 52, 55, 90–91

median of variables
, 58

multicollinearity
, 94

normality of residuals
, 94–95

poverty and multidimensional poverty
, 41–44

probability value of previous tests
, 54

probability value of selection and econometric validation tests
, 59

results
, 55–61

results
, 91–95

socioeconomic and environmental situation in Latin America
, 41–47

stationarity
, 95

statistical estimates
, 93

Latin American economy
, 13–14

Leontief Paradox
, 70–71

Liberal socialism
, 4

Mercantilism theory
, 65–66

Modern theory of international trade
, 71–81

digital commerce
, 80–81

global value chains
, 77–79

new theory of international trade
, 72–77

product life cycle
, 71–72

Monetary policy
, 48–51

Monopsonist
, 8

Multicollinearity
, 94

Jarque Bera Test
, 94

variance inflation factor
, 94

Multidimensional poverty
, 41–44

Multidimensional Poverty Index (MPI)
, 43

National Superintendence of Customs and Tax Administration (SUNAT)
, 65

Natural resources
, 86

Neoclassical theories of economic growth
, 6–7

Neoliberal capitalism
, 16

Neoliberal model
, 15–16

New Theory of International Trade (NTC)
, 72–77

Newey-West standard errors
, 97

North American economy
, 13–14

Ordinary Least Squares (OLS)
, 97

Organization for Economic Cooperation and Development (OECD)
, 24, 28

dimensions according to
, 32–33

employment dimension
, 33

health dimension
, 33

real household income
, 33

Pacific Alliance
, 60–61

Peru
, 1–2, 81

international trade in
, 97–98

national innovation system
, 25–26

Poles
, 10–11

Political instability
, 32

Porter diamond theory
, 77

Post-financial crisis (2008)
, 16–18

Post-keynesian theories
, 7–9

Poverty
, 32, 41, 44

Prébisch–Singer’s thesis
, 13

Product life cycle
, 71–72

Purchasing power parity (PPP)
, 27

Rate of poverty
, 28

Ratio of dependency
, 30

Real Effective Exchange Rate (REER)
, 34

Real household income
, 33

Regression models
, 91

Relative income poverty
, 28

Residuals, normality of
, 94–95

SARS-CoV-2 virus
, 39–40

Serial autocorrelation
, 95

Social exclusion
, 44

Social inclusion
, 25–26

Social instability
, 32

Socialism
, 18

Solow–Swan Model
, 6–7

Stationarity
, 95

augmented Dickey-Fuller Test
, 96

Statistical data
, 52

Statistical validation of selected model
, 55

Structural policy
, 48–51

Sustainability
, 29–30

Tax benefit systems
, 48–49

Tax incentive systems
, 49

Tax policies
, 31–32

Technology
, 70–71

Theil index
, 45–46

Trade
, 76–77

Traditional classical theory of economic growth
, 3–5

Traditional theory of international trade
, 65–71

“Trickle-up” theory
, 21

“Un-socialized” community
, 5

United Nations Conference on Trade and Development (UNCTAD)
, 16–17, 78–79

United Nations Development Programme (UNDP)
, 2, 35, 43

United Nations Educational, Scientific and Cultural Organization (UNESCO)
, 24

University of Oxford, The
, 43

Value chains
, 77

Vernon model
, 71–72

World Bank
, 14–15, 19, 24, 28–29, 37, 39–42, 84–85

dimensions according to
, 33–34

World Economic Forum, The (WEF)
, 26, 28–29

dimensions according to
, 26–30

growth and development
, 26–28

inclusion
, 28–29

intergenerational equity and sustainability
, 29–30

World Trade Organization
, 15–16, 84