Demand and Supply of Aggregate Exports of Goods and Services

Name: Demand and Supply of Aggregate Exports of Goods and Services
Author: Hubert Strauß

Multivariate Cointegration Analyses for the United States, Canada, and Germany

Specificaties

Gebonden, 246 blz. | Engels

Springer Berlin Heidelberg | 2004e druk, 2004

ISBN13: 9783540222941

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Springer Berlin Heidelberg 2004e druk, 2004 9783540222941

Onderdeel van serie Kieler Studien - Kiel Studies

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Samenvatting

In this book export demand and supply are modeled simultaneously using a new proxy for globalization. Empirical estimates for the United States, Canada, and Germany show that the countries differ as to the price elasticities of demand and supply and the effects of globalization. However, the elasticity of exports to world production equals unity throughout, which is in line with constant returns to scale, but lower than the values found in previous studies that do not distinguish between growth and globalization.

Specificaties

ISBN13:9783540222941

Taal:Engels

Bindwijze:gebonden

Aantal pagina's:246

Uitgever:Springer Berlin Heidelberg

Druk:2004

Hoofdrubriek:Economie

Serie:Kieler Studien - Kiel Studies

Inhoudsopgave

The Estimation of Aggregate Exports: New Questions in a Seemingly Explored Field.- Theoretical Foundations of the Supply of and Demand for Aggregate Exports.- Overview of the Empirical Literature on Aggregate Exports.- Time Series and Their Properties.- The Long-Run Structure of the Aggregate Export System.- The Partial Models: Estimation, Stability Analysis, and Dynamic Adjustment.- Modeling Germany`s Exports in a Single-Equation Error Correction Model.- Summary, Conclusions, and Policy Implications.  