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We examine Chinese-US trade flows over the 1994 - 2012 period, and find that, in line with the conventional wisdom, the value of China's exports to the US responds negatively to real renminbi (RMB) appreciation, while import responds positively. Further, the combined empirical price effects on...
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This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 … period. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there …
Persistent link: https://www.econbiz.de/10014062336
This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 …. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there appears …
Persistent link: https://www.econbiz.de/10014103896