Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17755 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorStrauß, Huberten
dc.date.accessioned2009-01-28T14:59:16Z-
dc.date.available2009-01-28T14:59:16Z-
dc.date.issued2002-
dc.identifier.urihttp://hdl.handle.net/10419/17755-
dc.description.abstractA shortcoming of most empirical studies on aggregate exports is their exclusive focus on the demand side. Moreover, the effect of globalization is often neglected leading to implausibly high income elasticities. This paper models export demand and supply simultaneously and incorporates a new proxy for globalization. Owing to the non-stationarity of the data, the vector error correction model is the appropriate econometric framework. Using the Johansen procedure, two cointegration relationships are found and identified as export supply and demand. Overidentifying restrictions derived from economic theory are tested. Finally, after checking for weak exogeneity, a parsimonious partial model is presented and the adjustment paths of the endogenous variables are discussed.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1101en
dc.subject.jelF31en
dc.subject.jelF41en
dc.subject.ddc330en
dc.subject.keywordcointegration analysisen
dc.subject.keywordJohansen procedureen
dc.subject.keywordexport demand and supplyen
dc.subject.keywordtrade elasticitiesen
dc.subject.stwExporten
dc.subject.stwAußenhandelselastizitäten
dc.subject.stwNachfrageen
dc.subject.stwAngeboten
dc.subject.stwGlobalisierungen
dc.subject.stwFehlerkorrekturmodellen
dc.subject.stwKointegrationen
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwVereinigte Staatenen
dc.subject.stwDeutschlanden
dc.subject.stwKanadaen
dc.titleMultivariate Cointegration Analysis of Aggregate Exports: Empirical Evidence for the United States, Canada, and Germany-
dc.typeWorking Paperen
dc.identifier.ppn859748871en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1101en
dc.identifier.printppn348204434en

Files in This Item:
File
Size
1.73 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.