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Determinants of Korean Trade Flows and their Geographical Destination

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Author Info
Giorgianni, Lorenzo
Milesi-Ferretti, Gian Maria

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Abstract

This paper investigates the behaviour of Korean trade flows during the last three decades, and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables, and assesses the relative merits of these alternative specifications in terms of stability and forecasting performance. It also provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1703.

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Date of creation: Oct 1997
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Handle: RePEc:cpr:ceprdp:1703

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Related research
Keywords: Direction of Exports; Exports; Imports; Korea; Trade Elasticities;

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Find related papers by JEL classification:
F11 - International Economics - - Trade - - - Neoclassical Models of Trade
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
F31 - International Economics - - International Finance - - - Foreign Exchange
F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

Cited by:
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  1. Diwan, Ishac & Hoekman, Bernard, 1999. "Competition, Complementarity and Contagion in East Asia," CEPR Discussion Papers 2112, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  2. Arslan Razmi & Robert Blecker, 2005. "Developing Country Exports of Manufactures: Moving Up the Ladder to Escape the Fallacy of Composition?," Working Papers 2005-02, University of Massachusetts Amherst, Department of Economics, revised May 2006. [Downloadable!]
    Other versions:
  3. Luis Catão & Elisabetta Falcetti, 2002. "Determinants of Argentina’s External Trade," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 19-57, May. [Downloadable!]
    Other versions:
  4. Duttagupta, Rupa & Spilimbergo, Antonio, 2003. "What Happened to Asian Exports During the Crisis?," CEPR Discussion Papers 4158, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
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This page was last updated on 2009-11-25.

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