Impulse response analysis and Orcutt's hypothesis in trade
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| 024 | 7 | 0 | |a 10.1007/s10663-014-9271-1 |2 doi |
| 035 | |a (NATIONALLICENCE)springer-10.1007/s10663-014-9271-1 | ||
| 245 | 0 | 0 | |a Impulse response analysis and Orcutt's hypothesis in trade |h [Elektronische Daten] |c [Mohsen Bahmani-Oskooee, Esmaeil Ebadi] |
| 520 | 3 | |a How fast trade flows respond to exchange rate changes versus relative price changes has its own literature in international economics. Indeed, Orcutt (Rev Econ Stat 32:117-132, 1950) conjectures that they respond faster to exchange rate changes than to changes in relative prices. Previous studies tested the hypothesis by imposing lag structure on both the exchange rate and relative prices and judged Orcutt's conjecture by identifying significant lag lengths. In this paper, we rely upon impulse response analysis as an alternative method to test the hypothesis. We find very limited number of cases in which impulse response of trade flows to changes in the exchange rate dies out sooner than the same response to changes in relative prices. | |
| 540 | |a Springer Science+Business Media New York, 2014 | ||
| 690 | 7 | |a Orcutt's hypothesis |2 nationallicence | |
| 690 | 7 | |a Industrial countries |2 nationallicence | |
| 690 | 7 | |a Impulse response |2 nationallicence | |
| 690 | 7 | |a Trade flows |2 nationallicence | |
| 700 | 1 | |a Bahmani-Oskooee |D Mohsen |u The Center for Research in International Economics, Department of Economics, The University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA |4 aut | |
| 700 | 1 | |a Ebadi |D Esmaeil |u The Center for Research in International Economics, Department of Economics, The University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA |4 aut | |
| 773 | 0 | |t Empirica |d Springer US; http://www.springer-ny.com |g 42/3(2015-08-01), 673-683 |x 0340-8744 |q 42:3<673 |1 2015 |2 42 |o 10663 | |
| 856 | 4 | 0 | |u https://doi.org/10.1007/s10663-014-9271-1 |q text/html |z Onlinezugriff via DOI |
| 898 | |a BK010053 |b XK010053 |c XK010000 | ||
| 900 | 7 | |a Metadata rights reserved |b Springer special CC-BY-NC licence |2 nationallicence | |
| 908 | |D 1 |a research-article |2 jats | ||
| 949 | |B NATIONALLICENCE |F NATIONALLICENCE |b NL-springer | ||
| 950 | |B NATIONALLICENCE |P 856 |E 40 |u https://doi.org/10.1007/s10663-014-9271-1 |q text/html |z Onlinezugriff via DOI | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Bahmani-Oskooee |D Mohsen |u The Center for Research in International Economics, Department of Economics, The University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA |4 aut | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Ebadi |D Esmaeil |u The Center for Research in International Economics, Department of Economics, The University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA |4 aut | ||
| 950 | |B NATIONALLICENCE |P 773 |E 0- |t Empirica |d Springer US; http://www.springer-ny.com |g 42/3(2015-08-01), 673-683 |x 0340-8744 |q 42:3<673 |1 2015 |2 42 |o 10663 | ||