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...

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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:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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100 1 |a Montenegro, Claudio 
245 0 0 |a Time Series Analysis of Export Demand Equations  |b A Cross-Country Analysis  |c Claudio Montenegro, Abdelhak Senhadji 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1998 
300 |a 29 pages 
651 4 |a Ecuador 
653 |a Inflation 
653 |a Wealth 
653 |a Income 
653 |a Price elasticity 
653 |a Dynamic Treatment Effect Models 
653 |a Saving 
653 |a Personal income 
653 |a Deflation 
653 |a Open Economy Macroeconomics 
653 |a Currency 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a Diffusion Processes 
653 |a International economics 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a National accounts 
653 |a Time-Series Models 
653 |a Price Level 
653 |a Foreign Exchange 
653 |a International trade 
653 |a Exports 
653 |a Prices 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Real exchange rates 
653 |a Dynamic Quantile Regressions 
653 |a Empirical Studies of Trade 
653 |a Export prices 
653 |a Foreign exchange 
700 1 |a Senhadji, Abdelhak 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781451923582.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/1998/149/001.1998.issue-149-en.xml?cid=2759-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a 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