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Demand and Supply Factors in the Determination of NIE Exports: A Simultaneous Error-Correction Model for Hong Kong: A Comment

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Author Info
Athukorala, Premachandra
Riedel, James

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Abstract

V. A. Muscatelli, T. G. Srinivasan and D. Vines (1992) purported to refute J. Riedel's (1988) finding that Hong Kong is a small, price-taking country in world markets. This comment shows, however, that Muscatelli, Srinivasan, and Vines's results are due entirely to an unjustifiable restriction they imposed on the estimated export demand equation and not the result of using a superior estimation technique, as they asserted. Copyright 1994 by Royal Economic Society.

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Publisher Info
Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 104 (1994)
Issue (Month): 427 (November)
Pages: 1411-14
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Handle: RePEc:ecj:econjl:v:104:y:1994:i:427:p:1411-14

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  1. Saikat Sinha Roy, 2007. "Demand and Supply Factors in the Determination of India's Disaggragated Manufactured Exports: A Simultaneous Error-Correction Approach," Working Papers id:1151, esocialsciences.com. [Downloadable!]
  2. Kirsanova, Tatiana & Menzies, Gordon & Vines, David, 2007. "Stiglitz Versus the IMF on the Asian Debt Crisis: An Intertemporal Model with Real Exchange Rate Overshooting," CEPR Discussion Papers 6318, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. Tilak Abeysinghe & Keen Meng Choy, 2005. "Modelling Small Economy Exports: The Case of Singapore," SCAPE Policy Research Working Paper Series 0501, National University of Singapore, Department of Economics, SCAPE. [Downloadable!]
  4. Harrison, Glenn W. & Rutherford, Thomas F. & Tarr, David G., 1997. "Trade policy options for Chile : a quantitative evaluation," Policy Research Working Paper Series 1783, The World Bank. [Downloadable!]
  5. Ernesto Valenzuela & Kym Anderson & Thomas Hertel, 2008. "Impacts of trade reform: sensitivity of model results to key assumptions," International Economics and Economic Policy, Springer, vol. 4(4), pages 395-420, February. [Downloadable!] (restricted)
  6. Marcelo Olarreaga & Hiau Looi Kee & Alessandro Nicita, 2004. "Estimating Import Demand and Export Supply Elasticities," Econometric Society 2004 North American Summer Meetings 368, Econometric Society. [Downloadable!]
  7. Glenn W. Harrison & Thomas F. Rutherford & David G. Tarr, 2003. "Chile’s Regional Arrangements: the Importance of Market Access and Lowering the Tariff to Six Percent," Working Papers Central Bank of Chile 238, Central Bank of Chile. [Downloadable!]
  8. Hiau Looi Kee & Nicita, Alessandro & Olarreaga, Marcelo, 2004. "Import demand elasticities and trade distortions," Policy Research Working Paper Series 3452, The World Bank. [Downloadable!]
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  9. Ivanova Nadezhda, 2005. "Estimation of own- and cross-price elasticities of disaggregated imported and domestic goods in Russia," EERC Working Paper Series 05-13e, EERC Research Network, Russia and CIS. [Downloadable!]
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