This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Are exports and imports of Chile cointegrated?

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Dierk Herzer () (Universität Göttingen)
Felicitas Nowak-Lehmann D. () (Universität Göttingen)

Additional information is available for the following registered author(s):

Abstract

This study examines the long-run relationship between Chilean exports and imports during the 1975-2004 period using unit root tests and cointegration techniques that allow for endogenously determined structural breaks. The results indicate that there exists a long-run equilibrium between exports and imports in Chile, despite the balance-of-payments crisis of 1982-83. This finding implies that Chile\'s macroeconomic policies have been effective in the long-run and suggests that Chile is not in violation of its international budget constraint.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www2.vwl.wiso.uni-goettingen.de/ibero/papers/DB111.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Ibero-America Institute for Economic Research in its series Ibero America Institute for Econ. Research (IAI) Discussion Papers with number 111.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 13 pages
Date of creation: 12 Jul 2005
Date of revision:
Handle: RePEc:got:iaidps:111

Contact details of provider:
Postal: Platz des G�ttinger Sieben 3, 37073 G�ttingen
Phone: 0049-551-39 81 72
Fax: 0049-551-39 81 73
Email:
Web page: http://www.iai.wiwi.uni-goettingen.de
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Sabine Jaep).

Related research
Keywords: Exports; imports; cointegration; structural break; Chile;

Find related papers by JEL classification:
F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
F10 - International Economics - - Trade - - - General
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Manuchehr Irandoust & Johan Ericsson, 2004. "Are Imports and Exports Cointegrated? An International Comparison," Metroeconomica, Blackwell Publishing, vol. 55(1), pages 49-64, 02. [Downloadable!] (restricted)
  2. James G. MacKinnon, 1995. "Numerical Distribution Functions for Unit Root and Cointegration Tests," Working Papers 918, Queen's University, Department of Economics. [Downloadable!]
    Other versions:
  3. Arize, Augustine C., 2002. "Imports and exports in 50 countries: Tests of cointegration and structural breaks," International Review of Economics & Finance, Elsevier, vol. 11(1), pages 101-115, April. [Downloadable!] (restricted)
  4. Stock, James H & Watson, Mark W, 1993. "A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems," Econometrica, Econometric Society, vol. 61(4), pages 783-820, July. [Downloadable!] (restricted)
    Other versions:
  5. Mohsen Bahmani-Oskooee & Hyun-Jae Rhee, 1997. "Are Imports And Exports Of Korea Cointegrated?," International Economic Journal, Korean International Economic Association, vol. 11(1), pages 109-114, April. [Downloadable!] (restricted)
  6. Husted, Steven, 1992. "The Emerging U.S. Current Account Deficit in the 1980s: A Cointegration Analysis," The Review of Economics and Statistics, MIT Press, vol. 74(1), pages 159-66, February. [Downloadable!] (restricted)
  7. Perron, Pierre, 1997. "Further evidence on breaking trend functions in macroeconomic variables," Journal of Econometrics, Elsevier, vol. 80(2), pages 355-385, October. [Downloadable!] (restricted)
    Other versions:
  8. Gregory, Allan W. & Hansen, Bruce E., 1996. "Residual-based tests for cointegration in models with regime shifts," Journal of Econometrics, Elsevier, vol. 70(1), pages 99-126, January. [Downloadable!] (restricted)
    Other versions:
  9. Apergis, Nicholas & Katrakilidis, Konstantinos P & Tabakis, Nicholas M, 2000. "Current Account Deficit Sustainability: The Case of Greece," Applied Economics Letters, Taylor and Francis Journals, vol. 7(9), pages 599-603, September. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? Use the JEL tree to browse through the database by subfields.

This page was last updated on 2009-11-21.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.