Demand and Supply of Aggregate Exports of Goods and Services
Multivariate Cointegration Analyses for the United States, Canada, and Germany
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Beschreibung
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.
Autor*in
Hubert Strauß
Themen in »Demand and Supply of Aggregate Exports of Goods and Services«
Cointegration Analysis Export Demand and Supply Globalization Trade Elasticities
Stimmen zu »Demand and Supply of Aggregate Exports of Goods and Services«
From the reviews:
"Writing a book on aggregate exports may be a risky business, as this is a field that has been widely explored. … The empirical completeness, in terms of both coverage and depth, is the most valuable contribution made by the book. … This is particularly helpful for those who are not that fluent in time series econometrics and would like to learn more about its application. For those that are interested in cross-country comparison studies, this book is also a good example." (Sizhong Sun, Economic Record, March, 2007)
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