Herzer, Dierk; Nowak-Lehmann D., Felicitas - 2005
This study examines the long-run relationship between Chilean exports and imports during the 1975-2004 period using … unit root tests and cointegration techniques that allow for endogenously determined structural breaks. The results indicate … that there exists a long-run equilibrium between exports and imports in Chile, despite the balance-of-payments crisis of …