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How strong is the impact of exports and other demand components on German import demand? Evidence from euro-area and non-euro-area imports
Stirböck, Claudia - 2006
greater propensity to import with respect to an increase in investment compared to a rise in consumption, yet find that export … goods have the highest marginal import content. The influence of export demand on the German economy's import demand is …) import demand for the 1980-2004 period and the more recent 1993-2004 period. German import demand is mainly driven by …
Persistent link: https://www.econbiz.de/10010295828
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A re-assessment of German import demand
Stephan, Sabine - 2007
Empirical studies analysing German import demand functions traditionally report implausibly high income and relative … low price elasticities. Furthermore, estimation results strongly depend on the observation period. Minor variations in the … estimation period typically lead to insignificant price terms often displaying the wrong sign. Based on an extensive econometric …
Persistent link: https://www.econbiz.de/10003747642
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How strong is the impact of exports and other demand components on German import demand? : Evidence from euro-area and non-euro-area imports
Stirböck, Claudia (contributor) - 2006
greater propensity to import with respect to an increase in investment compared to a rise in consumption, yet find that export … goods have the highest marginal import content. The influence of export demand on the German economy’s import demand is …) import demand for the 1980-2004 period and the more recent 1993-2004 period. German import demand is mainly driven by …
Persistent link: https://www.econbiz.de/10003394097
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Estimating the price and income elasticities of crude oil import demand for Turkey
Kavaz, Ismail - In: International econometric review 12 (2020) 2, pp. 98-111
(UEDT) concept for determining the relations among income, price and crude oil import demand. The empirical results show …
Persistent link: https://www.econbiz.de/10012432991
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The price-price Phillips curve in small open economies and monetary unions : theory and empirics
Vaona, Andrea - 2014
This paper extends the efficiency wages/partially adaptive expectations Phillips curve, otherwise known as the price-price Phillips curve, from a closed economy context to an open economy one with both commodity trade and capital mobility. We also consider the case of a monetary union (a...
Persistent link: https://www.econbiz.de/10010238840
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How strong is the impact of exports and other demand components on German import demand? Evidence from euro-area and non-euro-area imports
Stirböck, Claudia - Deutsche Bundesbank - 2006
greater propensity to import with respect to an increase in investment compared to a rise in consumption, yet find that export … goods have the highest marginal import content. The influence of export demand on the German economy?s import demand is …) import demand for the 1980-2004 period and the more recent 1993-2004 period. German import demand is mainly driven by …
Persistent link: https://www.econbiz.de/10005083110
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German exports to the Euro area : a cointegration approach
Stephan, Sabine - 2005
This paper analyzes the determinants of German exports to the euro area, which is by far the biggest market for German products. Four conditional error-correction models based on regionally disaggregated data are developed. One specification includes EMU industrial production and a real external...
Persistent link: https://www.econbiz.de/10003744525
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Distribution and gender effects on the path of economic growth: comparative evidence for developed, semi-industrialized, and low-income agricultural economies
Badru, Ruth - 2020
This paper applies a robust empirical methodology, which considers issues relating to cross-country heterogeneity and cross-sectional dependence, to inspect the contributions of gender equality and factor income distribution to an economy's growth path. A dynamic model of aggregate demand is...
Persistent link: https://www.econbiz.de/10012239618
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Doomed to Deficits? Aggregate U.S. Trade Flows Re-Examined
Chinn, Menzie David - 2005
This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 … period. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there … appears to be a structural break in the import demand function in 1995; specifications incorporating this break pass tests for …
Persistent link: https://www.econbiz.de/10014062336
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Doomed to Deficits? Aggregate U.S. Trade Flows Re-Examined
Chinn, Menzie David - 2005
This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 …. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there appears … to be a structural break in the import demand function in 1995; specifications incorporating this break pass tests for …
Persistent link: https://www.econbiz.de/10014103896