Skip to main content
SpringerLink
Log in
Book cover

Business Dynamics in North America pp 83–112Cite as

Palgrave Macmillan

Structural Growth in Trade

  • Chapter
  • First Online:

  • 402 Accesses

Abstract

This chapter focuses on the growth of trade and economy in USA and Mexico as compared to the world trade relative to income growth since 2001. The spatial and temporal analysis has been done in reference to manufacturing, services, and corporate social responsibility of large companies. This chapter critically examines the six global trade slowdowns and analyzes its structural and cyclical nature among the North American countries. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP. This chapter discusses the structural growth in business in reference to the product portfolio, market share, international trade, investment, and contribution of corporate business to GDP in the manufacturing sector. The chapter holds discussions on the impact of corporate social responsibilities on the structural growth of international trade within cross-cultural and socio-political relations.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

  • Alexander, C., & Warwick, K. (2007). Governments, exports and growth: Responding to the challenges and opportunities of globalization. The world economy, 30(1), 177–194.

    Article  Google Scholar 

  • Antle‚ B., & Ensor‚ R. (1982). Management of Foreign Exchange Risk‚ London: Euromoney Publications.

    Google Scholar 

  • Batra, R. (2001). Are tariffs inflationary. Review of International Economics, 9(3), 373–382.

    Article  Google Scholar 

  • Bems, R., Robert, C. J., & Yi, K. M. (2013). The great trade collapse. Annual Review of Economics, 5(1), 375–400.

    Article  Google Scholar 

  • Bertrand, O., & Zitouna, H. (2006). Trade liberalization and industrial restructuring: The role of cross-border mergers and acquisitions. Journal of Economics & Management Strategy, 15(2), 479–515.

    Article  Google Scholar 

  • Constantinescu, C., Mattoo, A., & Ruta, M. (2015). The global trade slowdown: Cyclical or structural? IMF Working Paper, Strategy WP-15–6, Policy and Review Department, International Monetary Fund, Washington, DC.

    Google Scholar 

  • Cruz, M. (2015). Premature de-industrialization: Theory, evidence and policy recommendations in the Mexican case. Cambridge Journal of Economics, 39(1), 113–137.

    Article  Google Scholar 

  • Cushman and Wakefield (2015). Manufacturing in North America, A Cushman and Wakefield Special Report, August, Chicago, IL.

    Google Scholar 

  • Giffie, C. (2008). Made in America. New York: Deloitte Research, Deloitte Headquarters.

    Google Scholar 

  • Guttmann, S., & Richards, A. (2006). Trade openness: An Australian experience. Australian Economic Papers, 45(3), 188–203.

    Article  Google Scholar 

  • He, W., & Lyles, M. (2008). China’s outward foreign direct investment. Business Horizons, 51(6), 485–491.

    Article  Google Scholar 

  • Hyland, P. W., Mellor, R., & Sloan, T. (2007). Performance measurement and continuous improvement: Are they linked to manufacturing strategy? International Journal of Technology Management, 37(3–4), 237–246.

    Article  Google Scholar 

  • Igor, P. (2000). Growth and reforms in Latin America and the caribbean in the 1990s. United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Working Paper, Economic Division.

    Google Scholar 

  • Kali, R., Méndez, F., & Reyes, J. (2007). Trade structure and economic growth. The Journal of International Trade & Economic Development, 16(2), 245–269.

    Article  Google Scholar 

  • Lessard‚ D. R. & Lightstone‚ J. B. (1986). Volatile Exchange Rates Can Put Operations at Risk‚ Harvard Business Review‚ 64 (4), 107–114.

    Google Scholar 

  • Levinson, M. (2017). U.S. Manufacturing in International Perspective, Congressional Research Service, CRS Report 7–5700, Washington, DC.

    Google Scholar 

  • Lopez, S. F., & Chong, A. (2003). The Truth about Privatization in Latin America. Yale ICF Working Study No. 03–29, October.

    Google Scholar 

  • Mehanna, R. A. (2006). Open first, then invest. Journal of Transnational Management, 11(2), 53–76.

    Article  Google Scholar 

  • Mirza, D. (2006). How much does trade contribute to market structure? Economica, 73(289), 59–74.

    Article  Google Scholar 

  • Palma, J. G. (2005) Four sources of “de-industrialization” and a new concept of the “Dutch Disease”, In J. A. Ocampo (Ed.), Beyond reforms: Structural dynamics and macroeconomic vulnerability (71−117). Palo Alto, CA: Stanford University Press, and Washington, DC: World Bank and ECLAC.

    Google Scholar 

  • Pritchett, L., & Sethi, G. (1994). Tariff Rates. Tariff revenue and tariff reforms—Some new facts, World Bank economic review, 8(1), 1–16.

    Google Scholar 

  • Rajagopal. (2007) Trade openness and inflation in Latin American countries. Economic Studies of International Development, 7(1), 75–96.

    Google Scholar 

  • Rodrick, D. (2007). Industrial development: Some stylized facts and policy directions. In United Nations (Ed.), Industrial development for the Twenty-first century: Sustainable development perspectives. New York: Department of Economic and Social Affairs, United Nations.

    Google Scholar 

  • Seyoum, B. (2017). US foreign trade zones and import intensity examining determinants of import intensity in US foreign trade zones. European Business Review, 29(1), 103–122.

    Article  Google Scholar 

  • Shahnawaz, S. (2005). Profitability and trade in developing countries. International Trade Journal, 19(3), 269–284.

    Article  Google Scholar 

  • Stiglitz‚ J.E.‚ Ocampo‚ J.A.‚ Spiegel S.‚ French-davis‚ R.‚ & Nayyar‚ D. (2006). Stability with Growth: Macroeconomics‚ liberalization and development. New York: Oxford University Press.

    Google Scholar 

  • Trade Development Report (2016) Structural transformation for inclusive and sustained growth, Trade Development Report, UNCTAD, New York.

    Google Scholar 

  • Villareal, M. A. (2016). U.S.-Mexico Economic Relations: Trends, Issues, and Implications. Congressional Research Service, Paper 7–5700, Washington, DC.

    Google Scholar 

  • World Trade Organization. (2016). World Trade Statistics-2016. Geneva: WTO Headquarters.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. EGADE Business School, Mexico City, Mexico

    Rajagopal

  2. Boston University, Boston, MA, USA

    Vladimir Zlatev

Authors
  1. Rajagopal
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Vladimir Zlatev
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Rajagopal .

Rights and permissions

Reprints and permissions

Copyright information

© 2018 The Author(s)

About this chapter

Cite this chapter

Rajagopal, Zlatev, V. (2018). Structural Growth in Trade. In: Business Dynamics in North America. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-57606-0_4

Download citation

Publish with us

Policies and ethics

Search

Navigation