International Evidenceon the Determinants of Trade Dynamics

This paper provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. First, a comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants are presented. A measure of the q...

Full description

Main Author: Prasad, Eswar
Other Authors: Gable, Jeffery A.
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997, 1997
Series:IMF Working Papers; Working Paper
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 01967nmm a2200421 u 4500
001 EB000931558
003 EBX01000000000000000725154
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 145185854X 
020 |z 9781451858549 
020 |a 9781451858549 
100 1 |a Prasad, Eswar 
245 0 0 |a International Evidenceon the Determinants of Trade Dynamics  |h electronic resource  |c Eswar Prasad 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1997, 1997 
300 |a 43 p. 
651 4 |a Ireland 
651 4 |a Canada 
651 4 |a United States 
651 4 |a Japan 
651 4 |a Belgium 
653 |a Output Growth 
653 |a Exchange Rates 
653 |a International Trade 
653 |a Exchange Rate 
653 |a Real Exchange Rate 
653 |a OECD Industrial Economies 
700 1 |a Gable, Jeffery A. 
700 1 |a Prasad, Eswar 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers; Working Paper 
028 5 0 |a 10.5089/9781451858549.001 
856 |u http://elibrary.imf.org/view/IMF001/03687-9781451858549/03687-9781451858549/03687-9781451858549.xml  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. First, a comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants are presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries. Finally, structural vector autoregression models are used to characterize the joint dynamics of output, exchange rates, and trade variables in response to different types of macroeconomic shocks