Share

Estimating Trade Elasticities

2013-03-14 Business & Economics
Download Estimating Trade Elasticities PDF Online Free

Author :
Release : 2013-03-14
Genre : Business & Economics
Kind : eBook
Book Rating : 367/5 ( reviews)

GET EBOOK


Book Synopsis Estimating Trade Elasticities by : Jaime Marquez

Download or read book Estimating Trade Elasticities written by Jaime Marquez. This book was released on 2013-03-14. Available in PDF, EPUB and Kindle. Book excerpt: One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory or models that fit the theory but contradict certain aspects of the data. The essays in Estimating Trade Elasticities book offer one practical approach to deal with this tension. The analysis starts with the practical implications of optimising behaviour for estimation and it follows with a re-examination of the puzzling income elasticity for US imports that three decades of studies have not resolved. The analysis then turns to the study of the role of income and prices in determining the expansion in Asian trade, a study largely neglected in fifty years of research. With the new estimates of trade elasticities, the book examines how they assist in restoring the consistency between elasticity estimates and the world trade identity.

Estimating Trade Elasticities

2014-01-15
Download Estimating Trade Elasticities PDF Online Free

Author :
Release : 2014-01-15
Genre :
Kind : eBook
Book Rating : 376/5 ( reviews)

GET EBOOK


Book Synopsis Estimating Trade Elasticities by : Jaime Marquez

Download or read book Estimating Trade Elasticities written by Jaime Marquez. This book was released on 2014-01-15. Available in PDF, EPUB and Kindle. Book excerpt:

Estimating Trade Elasticities

2011 Economics
Download Estimating Trade Elasticities PDF Online Free

Author :
Release : 2011
Genre : Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Estimating Trade Elasticities by : Matthieu Bussière

Download or read book Estimating Trade Elasticities written by Matthieu Bussière. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: This paper introduces a new methodology for the estimation of demand trade elasticities based on an import intensity-adjusted measure of aggregate demand, with the foundation of a stylized theoretical model. We compute the import intensity of demand components by using the OECD Input-Output tables. We argue that the composition of demand plays a key role in trade dynamics because of the large movements in the most import-intensive categories of expenditure (especially investment, but also exports). We provide evidence in favor of these mechanisms for a panel of 18 OECD countries, paying particular attention to the 2008-09 Great Trade Collapse.

The Great Trade Collapse: Causes, Consequences and Prospects

2009 Commercial policy
Download The Great Trade Collapse: Causes, Consequences and Prospects PDF Online Free

Author :
Release : 2009
Genre : Commercial policy
Kind : eBook
Book Rating : 061/5 ( reviews)

GET EBOOK


Book Synopsis The Great Trade Collapse: Causes, Consequences and Prospects by : Richard E. Baldwin

Download or read book The Great Trade Collapse: Causes, Consequences and Prospects written by Richard E. Baldwin. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Elasticities and Market Expectations in Brazil

2003-07-01 Business & Economics
Download Trade Elasticities and Market Expectations in Brazil PDF Online Free

Author :
Release : 2003-07-01
Genre : Business & Economics
Kind : eBook
Book Rating : 148/5 ( reviews)

GET EBOOK


Book Synopsis Trade Elasticities and Market Expectations in Brazil by : Mr.Claudio Paiva

Download or read book Trade Elasticities and Market Expectations in Brazil written by Mr.Claudio Paiva. This book was released on 2003-07-01. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides econometric estimates of trade elasticities for Brazil obtained through cointegration and vector auto regression models and controlling for the effects of exchange rate volatility, capacity utilization, and changes in import tariffs. The results suggest that (i) recent market expectations may have been unduly pessimistic regarding the responsiveness of Brazil's trade flows to the real exchange rate, but (ii) the GDP growth rates targeted by the new government may put downward pressure on the exchange rate and thus render the achievement of official inflation targets considerably more difficult if structural reforms are not implemented.

You may also like...