| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1999 |
| DP1999 Policy Rules for Inflation Targeting | |
| Lars E.O. Svensson; Glenn D Rudebusch | |
| 发表日期 | 1998-10-31 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | Bilateral data on 420 merchandise trade flows between 21 industrial countries are used to estimate standard trade equations. The data set of over 11,000 observations allows the underlying elasticities to be estimated with considerable precision. Remarkably, a single specification appears to explain behaviour across these countries in spite of the large number of individual flows analysed. The results indicate a powerful long-run effect from supply on exports. Also, the real exchange rate elasticity depends upon the behaviour of third country exchange rates, there is evidence of pricing to market and of a J-curve. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Panel data Trade elasticities |
| URL | https://cepr.org/publications/dp1999 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531128 |
| 推荐引用方式 GB/T 7714 | Lars E.O. Svensson,Glenn D Rudebusch. DP1999 Policy Rules for Inflation Targeting. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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