scholarly journals Impacts of the FLEGT Action Plan and the EU Timber Regulation on EU Trade in Timber Product

2021 ◽  
Vol 13 (11) ◽  
pp. 6030
Author(s):  
Paul Rougieux ◽  
Ragnar Jonsson
Keyword(s):  
Structural Changes ◽  
Action Plan ◽  
Import Demand ◽  
Import Prices ◽  
Tropical Hardwood ◽  
Demand Elasticities ◽  
Hardwood Lumber ◽  
Demand Models ◽  
Timber Products ◽  
The Eu

The EU Timber Regulation (EUTR) is a key element in the efforts of the European Union to curb the trade in illegal timber products. This study helps to remedy the lack of systematic, statistical analysis of the EUTR’s potential impacts on international trade in timber products. Using cointegration intervention—or shock—models we quantify potential shifts in import prices and quantities of tropical hardwood lumber and oak lumber after the entry into effect of the EUTR. We further estimate import demand models to assess the relation between temperate and tropical hardwood products and whether there was a structural change in demand elasticities after the entry into force of the EUTR. The shock model analysis indicates, for most of the bilateral trade flows where we observe cointegration and a significant shock variable, increasing import prices and decreasing import quantities of tropical hardwood lumber following the EUTR start date, consistent with a contraction of the supply of tropical timber. The results of the import demand models do not give a clear indication as to whether oak lumber is a complementary or substitute product for tropical hardwood lumber, and there are no clear signs of structural changes in demand elasticities. Aside from the analysis, an important contribution of the paper is the procedure for building a long and homogeneous time series of tropical hardwood lumber.

scholarly journals Competitiveness of the European Automobile Industry in the Global Context

2017 ◽  
Vol 13 (1) ◽  
pp. 69-86 ◽  
Author(s):  
Milan Vošta ◽  
Aleš Kocourek
Keyword(s):  
Automobile Industry ◽  
Structural Changes ◽  
Action Plan ◽  
National Level ◽  
Global Context ◽  
Eu Member States ◽  
The Usa ◽  
Long Term Trends ◽  
The Eu

Abstract The automobile industry is one of the most rapidly growing industries, a significant employer and investor in research and development, and also one of the most important sectors of the EU economy. Nevertheless, even this sector has gone through a series of structural changes and territorial transfers, recently. Exactly for this reason, it seems crucial to examine the competitiveness of the automobile industry on the national level, analyze the long-term trends throughout the whole EU, and put them in a global context. The article uses standard methods of statistical analysis of indices of revealed symmetrical comparative advantage to detect the trends characterizing the shape and long-term development of the automobile industry in Europe. The authors point out the substantial shift s in production and exports from traditional Western European car makers in favor of the new EU member states, but also from the USA and Canada in favor of new, fast-growing developing countries in the South and Southeast Asia and in Latin America. A brief outline of the European Commission’s response to these changes in the European automobile industry in the form of an Action Plan CARS 2020 can be found in the final part of the article.

scholarly journals Rising Import Demand in China: Cui Bono and Why?

2011 ◽  
Vol 62 (1) ◽  
Author(s):  
Rolf Langhammer
Keyword(s):  
Import Demand ◽  
Income Elasticities ◽  
Demand Elasticities ◽  
International Production ◽  
Explanatory Factors ◽  
The Us ◽  
Trading Partners ◽  
High Degree ◽  
Investment In China ◽  
The Eu

SummaryThe paper measures income elasticities of demand for manufacturing imports in China since 1990 disaggregated by major trading partners such as the US, Japan, Germany and rest of the EU. German exporters seem to have benefited from the highest demand elasticities. The paper proposes explanatory factors such as a high degree of integration in international production chains and higher presence of foreign direct investment in China compared to partner countries responsible for the German success.

scholarly journals The structural changes of the Serbian merchandise trade during transition process: Comparative analysis of main trade indicators

2020 ◽  
Vol 68 (5-6) ◽  
pp. 383-399
Author(s):  
Goran Nikolić ◽  
Ivan Nikolić
Keyword(s):  
Structural Changes ◽  
Transition Process ◽  
Import Demand ◽  
Export Growth ◽  
Levels Of Processing ◽  
Export Structure ◽  
Structural Improvement ◽  
Demand Structure ◽  
Merchandise Trade ◽  
The Eu

The article discussesthe structural changes in exports and imports during the transition process in Serbia. To address this issue, we calculated several indicators of the Serbian merchandise trade in the 2000-2018 period. After having computed the absolute growth of export and import and the values of intra-industry trade indices in the period under review, we compared the similarity of the export structure of Serbia and the import structure of the EU, which was used as a referent structure. To detect possible quality improvement of the Serbian trade sector, we analyzed qualitative changes of Serbia's exports (imports), through tendencies of goods at higher levels of processing, using more classifications, as such possible improvement would create important conditions for a sustainable and stronger export growth. After the calculation of trade specialization indicators, all obtained results were compared with those achieved by other Central and Eastern European (CEE) economies. The conclusion is that, despite strong Serbian export growth from 2000 to 2018 and moderate structural improvements, there are no conclusive signs of sufficient convergence to the EU import demand structure or sufficient growth of the share of goods at higher levels of processing in Serbian exports to imply the significant structural improvement of Serbia's trade, compared with CEE countries.

European experience in transition to circular economy

2020 ◽  
Vol 19 (4) ◽  
pp. 598-617 ◽  
Author(s):  
S.V. Ratner
Keyword(s):  
European Union ◽  
Circular Economy ◽  
Raw Materials ◽  
Action Plan ◽  
National Level ◽  
The European Union ◽  
Scientific Methods ◽  
European Experience ◽  
General Scientific ◽  
The Eu

Subject. The article considers the concept of circular economy, which has originated relatively recently in the academic literature, and is now increasingly recognized in many countries at the national level. In the European Union, the transition to circular economy is viewed as an opportunity to improve competitiveness of the European Union, protect businesses from resource shortages and fluctuating prices for raw materials and supplies, and a way to increase employment and innovation. Objectives. The aim of the study is to analyze the incentives developed by the European Commission for moving to circular economy, and to assess their effectiveness on the basis of statistical analysis. Methods. I employ general scientific methods of research. Results. The analysis of the EU Action Plan for the Circular Economy enabled to conclude that the results of the recent research in circular economy barriers, eco-innovation, technology and infrastructure were successfully integrated into the framework of this document. Understanding the root causes holding back the circular economy development and the balanced combination of economic and administrative incentives strengthened the Action Plan, and it contributed to the circular economy development in the EU. Conclusions. The measures to stimulate the development of the circular economy proposed in the European Action Plan can be viewed as a prototype for designing similar strategies in other countries, including Russia. Meanwhile, a more detailed analysis of barriers to the circular economy at the level of individual countries and regions is needed.

Determinants of socio-economic transformations of technological systems: theoretical and methodical aspects

2020 ◽  
pp. 102-111
Author(s):  
Svitlana Shults ◽  
Olena Lutskiv
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Structural Changes ◽  
Member States ◽  
Social Transformations ◽  
Technological Basis ◽  
Eu Member States ◽  
Technological Paradigm ◽  
Technological Paradigms ◽  
The Eu

Technological development of society is of unequal cyclic nature and is characterized by changing periods of economic growth, stagnation phases, and technological crises. The new wave of technological changes and new technological basis corresponding to the technological paradigm boost the role of innovations and displace the traditional factors of economic growth. Currently, intellectual and scientific-technical capacity are the main economic development resources. The use of innovation and new knowledge change the technological structure of the economy, increase the elements of the innovative economy, knowledge economy, and digital economy, i.e. the new technological paradigm is formed. The paper aims to research the basic determinants of technological paradigms’ forming and development, and determining their key features, as well as to analyze social transformations of the EU Member States and Ukraine. The paper focuses attention on the research of the features of social transformations. The structural transformations are analyzed based on the Bertelsmann Transformation Index that estimates the quality of democracy, market economy, and political governance. The transformation processes are assessed on the example of the EU Member States and Ukraine. The authors argue that social transformations and structural changes in the economy are related to the change of technological paradigms that boost the economic modernization and gradual progressive development of humanity in general. The nature and main determinants of 5 industrial and 2 post-industrial technological paradigms are outlined. Their general features and main areas of basic technologies implementation emerging in the realization of a certain technological paradigm are explained. The conclusions regarding the fact that innovative technologies and available scientific-technological resources define the main vector of economic development are made. The new emerging technological paradigm is of strategic importance for society development.

scholarly journals The Biosimilar Landscape: An Overview of Regulatory Approvals by the EMA and FDA

Pharmaceutics ◽  
2020 ◽  
Vol 13 (1) ◽  
pp. 48
Author(s):  
Ioana Gherghescu ◽  
M. Begoña Delgado-Charro
Keyword(s):  
Drug Administration ◽  
Action Plan ◽  
European Medicines Agency ◽  
Patient Access ◽  
Clinical Evaluations ◽  
The Past ◽  
The Us ◽  
Improve Patient ◽  
The Eu

Biosimilar medicines expand the biotherapeutic market and improve patient access. This work looked into the landscape of the European and US biosimilar products, their regulatory authorization, market availability, and clinical evaluation undergone prior to the regulatory approval. European Medicines Agency (EMEA, currently EMA) and Food and Drug Administration (FDA) repositories were searched to identify all biosimilar medicines approved before December 2019. Adalimumab biosimilars, and particularly their clinical evaluations, were used as a case study. In the past 13 years, the EMA has received 65 marketing authorization applications for biosimilar medicines with 55 approved biosimilars available in the EU market. Since the first biosimilar approval in 2015, the FDA has granted 26 approvals for biosimilars with only 11 being currently on the US market. Five adalimumab biosimilars have been approved in the EU and commercialized as eight different medicines through duplicate marketing authorizations. Whilst three of these are FDA-approved, the first adalimumab biosimilar will not be marketed in the US until 2023 due to Humira’s exclusivity period. The EU biosimilar market has developed faster than its US counterpart, as the latter is probably challenged by a series of patents and exclusivity periods protecting the bio-originator medicines, an issue addressed by the US’s latest ‘Biosimilar Action Plan’.

scholarly journals Wahania koniunkturalne na światowym i polskim rynku odtłuszczonego mleka w proszku w latach 2004-2016

2017 ◽  
Vol 17(32) (1) ◽  
pp. 206-215
Author(s):  
Piotr Szajner
Keyword(s):  
Structural Changes ◽  
Dairy Industry ◽  
International Markets ◽  
Domestic Market ◽  
Strongly Correlated ◽  
Economic Activities ◽  
World Markets ◽  
The World ◽  
Domestic Prices ◽  
The Eu

Economic activities are featured with certain cycles. The cycles can concern the whole economy as well as particular sectors. The dairy industry is one of the branches that are of high importance in Polish and the world as regards food sector. Polish dairy industry faced deep structural changes and modernisation. After the accession to the EU domestic market is strongly linked to both the EU and the world markets. The production in Poland exceeds consumption by ca 20%. The surplus is exported, which ties up the situation on the domestic market with the situation on international markets. Conducted analysis of the domestic and the world markets of milk skimmed powder showed parallel fluctuations. Domestic prices and the prices on the world markets are strongly correlated. The knowledge on the characteristics of those fluctuations allows stakeholders for a proper risk management as well as elaboration of suitable policy options by government administration.

scholarly journals Import Demand Elasticities and Trade Distortions

2004 ◽  
Author(s):  
Alessandro Nicita ◽  
Hiau Looi Kee ◽  
Marcelo Olarreaga
Keyword(s):  
Import Demand ◽  
Demand Elasticities

scholarly journals European smart specialization for Ukrainian regional development: path from creation to implementation

2019 ◽  
Vol 17 (2) ◽  
pp. 376-391 ◽  
Author(s):  
Yevheniia Polishchuk ◽  
Alla Ivashchenko ◽  
Igor Britchenko ◽  
Pavel Machashchik ◽  
Serhiy Shkarlet
Keyword(s):  
Direct Action ◽  
Action Plan ◽  
National Level ◽  
Regional Distribution ◽  
Structural Funds ◽  
Organizational Mechanism ◽  
Weak Points ◽  
Characteristic Features ◽  
Smart Specialization ◽  
The Eu

The focus of the research is to develop recommendations of smart specialization (SS) for Ukrainian policymakers using European approaches. The authors revealed that the main SS projects are presented in such sectors as agri-food, industrial modernization and energy. More than 12 EU countries were the plot for conducted analysis of SS, as a result of which the level of activity of each country was determined. The creation of consortiums, including SMEs, associations, universities and other participants, disclosed the successful way of SS realization. The structure of SME’s innovative potential in Ukraine was identified underlining their main characteristic features like types of innovations and innovative activity, differentiation according to enterprise size, their regional distribution. The authors explored lack of innovations on regional and national level and significant territorial disparities, which could be eliminated through policy implementation of regional SS. The existing legislative norms for possibility of SS implementation in Ukraine were analyzed due to correspondence with the EU ones. The analysis provides the opportunity to consider them only as general framework documents without any action plans and sectoral prioritization at all. The weak points of these law documents are emphasized. As a result of research, the authors developed recommendations presented by direct action plan for Ukrainian policymakers, which include such activities as underlining key priorities (especially ICT applicability in every SS project) and their correspondence with the EU ones; eliminating regional imbalances by focusing on innovation development and reorientation of some regions according to SS priorities; respecting regional existing capacities; providing organizational mechanism for cooperation of stakeholders and financial mechanism for SS support through the EU structural funds.

scholarly journals Navigating Through the Maze: Practical Constraints in the Implementation of Forest Regulations (FLEGT) in Ghana

2021 ◽  
Vol 10 (2) ◽  
pp. 31
Author(s):  
Gordon Kofi Sarfo-Adu
Keyword(s):  
Value Chain ◽  
Sustainable Forest Management ◽  
Tracking System ◽  
Action Plan ◽  
The European Union ◽  
Implementation Challenges ◽  
Technical Errors ◽  
Public Policy Implementation ◽  
Transnational Actors ◽  
The Eu

The European Union Forest Law Enforcement on Governance and Trade (EU-FLEGT) Action Plan seeks to promote widespread sustainable forest management and relies largely on transnational actors and international law in its operationalization. The EU FLEGT sets out EU custom regulation through Voluntary Partnership Agreements (VPAs) which is a bilateral agreement between the EU and wood exporting countries with instruments aimed at promoting sustainable practices within the forest resources value chain. Ghana became a signatory to the FLEGT VPA since 2007, as part of the process, it is required to use technology to track timber logging from source to point of export. Issues of networks and inter-agency collaboration and dealing with human elements remain crucial in ensuring effective operationalization. Adopting a qualitative case study design as well as theories and concepts from the public policy implementation literature, this study examines the implementation vagaries of the FLEGT VPA in Ghana. Although the VPA is a laudable idea of using Information Technology (IT) in effectively tracking timber to its original source to ascertain legality or otherwise of the timber, the needed IT infrastructure and resources have not matched up with the goal. Additionally, the VPA implementation is expensive and has come with additional cost to the implementers, The study further observes that the increasing ‘red flags’ that are raised on the Ghana Wood Tracking System is a blend of technical errors emanating from negligence or capacity challenges and human manipulation. This calls for regular consultations and workshops with relevant stakeholders in order to assess which skills are deficient and a need to beef up through on-the-job training. The domestic market and trading activities tend to fuel demand for illegal timber hence a constraint to the full realization of the VPA objective. The study makes policy suggestions on how to address these implementation challenges.

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