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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 … vector error correction model is the appropriate econometric framework. Using the Johansen procedure, two cointegration …
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exports for a broad group of advanced economies. To this end, a panel cointegration analysis is conducted, augmented by a …
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