Cover Image
Read Now

Time Series Analysis of Export Demand Equations A Cross-Country Analysis

The paper estimates export demand elasticities for a large number of developing and developed countries, using time-series techniques that account for the nonstationarity in the data. The average long-run price and income elasticities are found to be approximately -1 and 1.5, respectively. Thus, exp...

Full description

Bibliographic Details
Main Author: Montenegro, Claudio
Other Authors: Senhadji, Abdelhak
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1998
Series:IMF Working Papers
Subjects:
Inflation
Wealth
Income
Price Elasticity
Dynamic Treatment Effect Models
Currency; Foreign Exchange
Saving
Personal Income
Deflation
Open Economy Macroeconomics
Trade: General
Diffusion Processes
Exports And Imports
International Economics
National Accounts
Personal Income, Wealth, And Their Distributions
Time-series Models
Price Level
Foreign Exchange
International Trade
Exports
Prices
Macroeconomics
Macroeconomics: Consumption
Real Exchange Rates
Dynamic Quantile Regressions
Empirical Studies Of Trade
Export Prices
Ecuador
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The paper estimates export demand elasticities for a large number of developing and developed countries, using time-series techniques that account for the nonstationarity in the data. The average long-run price and income elasticities are found to be approximately -1 and 1.5, respectively. Thus, exports do react to both the trade partners’ income and to relative prices. Africa faces the lowest income elasticities for its exports, while Asia has both the highest income and price elasticities. The price and income elasticity estimates have good statistical properties
Physical Description:29 pages
ISBN:9781451923582

Similar Items