Time series analysis of export demand equations: A cross-country analysis

被引：0
|
作者：
Senhadji, AS
Montenegro, CE
机构：
[1] Int Monetary Fund, IMF Inst, Washington, DC 20431 USA
[2] World Bank, Washington, DC 20433 USA
来源：
IMF STAFF PAPERS | 1999年 / 46卷 / 03期
关键词：
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The paper estimates export demand elasticities for a large number of developing and industrial 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. [JEL: C22, E21, F14, F41].
引用
收藏
页码：259 / 273
页数：15
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