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Exports and Capacity Constraints – A Smooth Transition Regression Model for Six Euro Area Countries

Belke, Ansgar Hubertus - 2013

Traditional specifications of export equations incorporate foreign demand as a demand pull factor and the real exchange rate as a relative price variable. However, such standard export equations have failed to explain the export performance of euro area countries during the crisis period. In...

Persistent link: https://www.econbiz.de/10013073245

Exchange Rate Bands of Inaction and Play -- Hysteresis in Greek Exports to the Euro Area, the US and Turkey -- Sectoral Evidence

Belke, Ansgar Hubertus - 2016

In this paper a non-linear model is applied, where suddenly strong spurts of exports occur when changes of the exchange rate go beyond a zone of inaction, which we call “play” area – analogous to mechanical play. We implement an algorithm describing path-dependent play-hysteresis into a...

Persistent link: https://www.econbiz.de/10013000552

Exports and Capacity Constraints : Evidence for Several Euro Area Countries

Belke, Ansgar Hubertus - 2015

evidence of the importance of sunk costs and hysteresis in international trade …

Persistent link: https://www.econbiz.de/10013018214

Exports and Capacity Constraints -- A Smooth Transition Regression Model for Six Euro Area Countries

Belke, Ansgar Hubertus - 2015

for Spain, Portugal and Italy providing evidence of the importance of sunk costs and hysteresis in international trade …

Persistent link: https://www.econbiz.de/10013031989

Export Hysteresis, Capacity Constraints and Uncertainty : A Smooth-Transition Analysis for Euro Area Member Countries

Belke, Ansgar Hubertus - 2017

evidence of the importance of sunk costs and hysteresis in international trade in these EMU member countries. What is more, our …

Persistent link: https://www.econbiz.de/10012947452

Trade and Capital Flows : Substitutes or Complements? An Empirical Investigation

Belke, Ansgar Hubertus - 2019

This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …

Persistent link: https://www.econbiz.de/10012863793