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This study examines the marginal effects of traditional determinants of exports and imports with a focus on the role of … harmonised competitiveness indicators (HCIs) on both exports and imports of both goods and services across individual euro area … exceptions) on exports of goods. Exports of services are sensitive to HCIs in big euro area countries and Slovakia, where exports …
Persistent link: https://www.econbiz.de/10013047096
. Disaggregation into exports and imports shows that the delayed adjustment in industrial countries is almost entirely on the export …
Persistent link: https://www.econbiz.de/10009739791
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 …
Persistent link: https://www.econbiz.de/10012543168
Whether a real devaluation ultimately proves to be expansionary or contractionary depends on whether the boost given to the exportables sector offsets any possible output-depressing effects that may accompany the expenditure-switching policy. Failure of the exportables sector to adequately...
Persistent link: https://www.econbiz.de/10008740142
exports for the properties of open-economy models …
Persistent link: https://www.econbiz.de/10014200351
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/10014303265
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/10014304470
The exposure to exchange rates remains an unresolved issue in international trade literature. The issue is particularly relevant to China and Malaysia, whom relaxed their USD pegging the same day in the mid of 2005. Our paper investigates the exchange rate exposure of China-Malaysian bilateral...
Persistent link: https://www.econbiz.de/10005790192
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/10010818564
This study is devoted to examing marginal effects of traditional determinants of exports and imports with a focus on … various harmonised competitiveness indicators (HCIs) on both exports and imports of both goods and services across individual … (with some exceptions) on exports of goods. Exports of services are sensitive to the HCIs in large euro area countries and …
Persistent link: https://www.econbiz.de/10011085441