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its long-run value. The PPP Theory in the Republic of Croatia has been tested using methods of cointegration analysis. Two …This paper examines the validity of purchasing power parity (PPP) hypothesis in the Republic of Croatia. The main aim … is to test whether the PPP Theory holds in the case of the Republic of Croatia and whether the PPP Theory is an …
Persistent link: https://www.econbiz.de/10010222876
relationships are found and identified as export supply and demand. Overidentifying restrictions derived from economic theory are … effect of globalization is often neglected leading to implausibly high income elasticities. This paper models export demand … and supply simultaneously and incorporates a new proxy for globalization. Owing to the non-stationarity of the data, the …
Persistent link: https://www.econbiz.de/10011474729
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This study aims to investigate the impact of supply-side factors on the export performance of Pakistan at a … confirms that major export categories respond differently to changes in various factors of export supply in the long-run. For … exports. On the contrary, production capacity and domestic demand pressure have significantly influenced the export supply …
Persistent link: https://www.econbiz.de/10012219332
space, the identifying restriction of an infinitely price-elastic export supply curve produces best results. However, due to … hryvnia there might be a deterministic element in the long-run relationships. When allowing for a trend in the co­integration … missing export price statistics long-run interpretations are to be taken with care because they are conditional upon …
Persistent link: https://www.econbiz.de/10011476237
space, the identifying restriction of an infinitely price-elastic export supply curve produces best results. However, due to … hryvnia there might be a deterministic element in the long-run relationships. When allowing for a trend in the co-integration … missing export price statistics long-run interpretations are to be taken with care because they are conditional upon …
Persistent link: https://www.econbiz.de/10001622349
Persistent link: https://www.econbiz.de/10011954281
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Persistent link: https://www.econbiz.de/10011856269