Showing 111 - 120 of 184,399
foreign borrowing and lending must systematically pay for its imports in foreign currency through its exports alone, provided … pertaining to exports and foreign borrowing by means of a static deterministic partial equilibrium (SDPE) model, via stability …
Persistent link: https://www.econbiz.de/10014550274
currency debt maturity structure around a large depreciation in Colombia, we show that debt revaluation compresses imports due … to higher delinquencies and interest rates, while exports are unaffected. Natural and financial hedging successfully mute … switching channel. Pricing exports in the dominant vs. producer currency mutes the effect of DCF on trade. …
Persistent link: https://www.econbiz.de/10014377488
the fact a substantial share of imports are subsequently incorporated into Chinese exports. We find that some of these … exchange rate -- but the relationships are not always precisely or robustly estimated. Chinese exports are generally well … sensitive to the treatment of time trends. Estimates of aggregate imports are more problematic. In many cases, Chinese aggregate …
Persistent link: https://www.econbiz.de/10012148669
reactions after tax hikes and cuts. Generally, we find that after a reduction in aggregated tax liabilities, imports and exports … in the US and Germany react quite similarly: imports tend to rise; exports do not change much. Consequently and fostered … by growing output—the net-exports-to-GDP ratio decreases. We find no clear net effect in the UK. Instead, UK imports only …
Persistent link: https://www.econbiz.de/10012543684
Turkish imports and exports. We find a significant gap between domestic and foreign income elasticities (for exports and … elasticity is negative for both Turkish exports and imports. This indicates that depreciation of the Turkish lira will have a … negative effect on both imports and exports. -- Cointegration; current account deficits; exchange rate and income elasticity …
Persistent link: https://www.econbiz.de/10003940285
The paper presents single-equation error-correction models of aggregate German exports and imports. The long …-run elasticities with respect to foreign production and to total demand in Germany, respectively, amount to about 1.5. However, imports … react much less flexibly than exports to changes in the real effective exchange rate of the D-mark (0.1 versus -0.5) during …
Persistent link: https://www.econbiz.de/10011472253
the currency denomination of exports differ from that of imports. Finally we consider the possibility that changes in … extent is used for price setting, invoicing and payment for exports to third parties. We also find that the currency of the …
Persistent link: https://www.econbiz.de/10003400412
(CA) balance-to-GDP ratios and panel co-integration of exports and imports of goods and services, for the period 1970Q1 …) there is non-stationarity of the CA, imports, and exports with cross-sectional panel dependence and multiple structural … breaks; iv) however, there is a stable long-run relationship between exports and imports in the panel. Hence, trade …
Persistent link: https://www.econbiz.de/10012838560
-off between exports and imports; for example, when imports are high, there is smaller exports at that time. This study supports … rates cannot determine the variation in exports and imports … period of 1998-2006. The econometrics results show that there is a cointegration between exports and import, but direction of …
Persistent link: https://www.econbiz.de/10012768363
driver of trade flows outside the euro area as compared to those within the monetary union, especially for exports, that tend … to be more sensitive to relative prices than imports. We consider various measures of competitiveness and conclude that … costs appear to contain relatively more information for trade flows, particularly for exports outside the euro area.The key …
Persistent link: https://www.econbiz.de/10012984573