Commodity trade between EU and Egypt and Orcutt's hypothesis

Verfasser / Beitragende:
[Mohsen Bahmani-Oskooee, Amr Hosny]
Ort, Verlag, Jahr:
2015
Enthalten in:
Empirica, 42/1(2015-02-01), 1-24
Format:
Artikel (online)
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024 7 0 |a 10.1007/s10663-013-9237-8  |2 doi 
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245 0 0 |a Commodity trade between EU and Egypt and Orcutt's hypothesis  |h [Elektronische Daten]  |c [Mohsen Bahmani-Oskooee, Amr Hosny] 
520 3 |a Orcutt hypothesized that trade flows respond faster to a change in the nominal exchange rate as compared to a change in relative prices. Although he recommended testing his hypothesis at commodity level, due to lack of commodity prices previous studies used aggregate trade flows of one country with the rest of the world and did not support the hypothesis. In this paper, we test Orcutt's hypothesis using trade flows of 59 industries that trade between European Union and Egypt. These are the industries that account for 100% of the trade between the two regions and for which price data are available. We find support for the Orcutt's hypothesis in 1/3rd of industries. 
540 |a Springer Science+Business Media New York, 2013 
690 7 |a Orcutt's hypothesis  |2 nationallicence 
690 7 |a Egypt-EU. Trade  |2 nationallicence 
690 7 |a Industry data  |2 nationallicence 
700 1 |a Bahmani-Oskooee  |D Mohsen  |u Department of Economics, The Center for Research in International Economics, The University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA  |4 aut 
700 1 |a Hosny  |D Amr  |u International Monetary Fund, 700 19th Street, N.W., 20431, Washington, DC, USA  |4 aut 
773 0 |t Empirica  |d Springer US; http://www.springer-ny.com  |g 42/1(2015-02-01), 1-24  |x 0340-8744  |q 42:1<1  |1 2015  |2 42  |o 10663 
856 4 0 |u https://doi.org/10.1007/s10663-013-9237-8  |q text/html  |z Onlinezugriff via DOI 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Bahmani-Oskooee  |D Mohsen  |u Department of Economics, The Center for Research in International Economics, The University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Hosny  |D Amr  |u International Monetary Fund, 700 19th Street, N.W., 20431, Washington, DC, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Empirica  |d Springer US; http://www.springer-ny.com  |g 42/1(2015-02-01), 1-24  |x 0340-8744  |q 42:1<1  |1 2015  |2 42  |o 10663