Showing 1 - 10 of 12,105
. The study finds a long-run equilibrium relationship among GDP, services exports, imports and real effective exchange rate …. The VECM and impulse response analysis suggest causality runs from services exports to GDP emphasising the services export …Services sector in India contributes more than 60% of the overall gross domestic product (GDP) and more than 40% of …
Persistent link: https://www.econbiz.de/10010669664
. Emerging markets and developing countries display relatively fast adjustment. Disaggregation into exports and imports shows … GDP is also highly sensitive to the real effective exchange rate, with a real depreciation of 10 % raising the trade/GDP … relative to non-tradables, raises questions about the widespread use of the trade/GDP ratio as a trade policy indicator …
Persistent link: https://www.econbiz.de/10010988446
. Disaggregation into exports and imports shows that the delayed adjustment in industrial countries is almost entirely on the export …-income status. The ratio of trade to GDP is also highly sensitive to the real effective exchange rate, with a real depreciation of … 10% raising the trade/GDP ratio across the sample by approximately 4%. This result, which presumably reflects movements …
Persistent link: https://www.econbiz.de/10010747065
The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009 …. What distinguishes this paper from the earlier studies is the use of robust estimation technique of Autoregressive … estimated long run elasticity of Imports with respect to relative prices and income are -0.53 and 1.22 respectively. [SBP WP No …
Persistent link: https://www.econbiz.de/10010539659
would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate …
Persistent link: https://www.econbiz.de/10011142116
Factors determining United States’ trade balance with Italy (NE) are examined, and tests for long run relationships performed. Results suggest the main determinant of NE is the output ratio, followed by the price ratio, real exchange rate, lending rate ratio, and the money supply ratio, which...
Persistent link: https://www.econbiz.de/10008482005
This report presents the summary results of purchasing power parities (PPP) in the 2011 International Comparison Program in Asia and the Pacific and background information on the concepts that underpin the results. The PPPs are disaggregated by major economic aggregates which enable robust...
Persistent link: https://www.econbiz.de/10010942332
This report presents the results of purchasing power parities (PPPs) in the 2011 International Comparison Program in Asia and the Pacific and background information on the concepts that underpin the results. The PPPs are disaggregated by major economic aggregates that enable robust cross-country...
Persistent link: https://www.econbiz.de/10011165187
This paper shows that a puzzling yet strong correlation exists between imports and exports. Cross-section and time …, even though causality is not explored in depth. After ruling out common factors driving simultaneously imports and exports … incomplete rationale, and thus we put forward a classic argument relating exports, imports, and economic growth in the short and …
Persistent link: https://www.econbiz.de/10010551968
This paper examines the contemporary international trade and currency system to determine whether the system is appropriate for the level of knowledge, development and maturity of countries today. International trade and currencies are a key mechanism by which governments manage the livelihoods,...
Persistent link: https://www.econbiz.de/10008727916