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Determinants of Korean Trade Flows and their Geographical Destination

This paper investigates the behavior of Korean trade flows during the last three decades and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables and assesses the relative merits of these alternative specifications i...

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Bibliographic Details
Main Author: Milesi-Ferretti, Gian
Other Authors: Giorgianni, Lorenzo
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
Inflation
Price Elasticity
Short-term Capital Movements
Deflation
Current Account Adjustment
Real Effective Exchange Rates
Currency
Trade: General
Exports And Imports
International Economics
Price Level
Foreign Exchange
International Trade
Exports
Prices
Macroeconomics
Empirical Studies Of Trade
Export Prices
Imports
Neoclassical Models Of Trade
Korea, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper investigates the behavior of Korean trade flows during the last three decades and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables and assesses the relative merits of these alternative specifications in terms of stability and forecasting performance. It also provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s
Physical Description:47 pages
ISBN:9781451847475

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