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Structural Breaks and Exports in the Philippines

Author

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  • Kumar Saten

    () (Auckland University of Technology)

Abstract

This paper estimates the export demand equation for the Philippines using the Gregory and Hansen procedure. We allowed for structural breaks within the Gregory and Hansen framework and obtained a cointegrating relationship between real exports, real income and relative prices. Our preferred model is the level shift where all the coefficients are significant and plausible. The income elasticity of export demand is around unity and the relative price elasticity is around -1.2.

Suggested Citation

  • Kumar Saten, 2009. "Structural Breaks and Exports in the Philippines," Global Economy Journal, De Gruyter, vol. 9(2), pages 1-9, June.
  • Handle: RePEc:bpj:glecon:v:9:y:2009:i:2:n:8
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    Cited by:

    1. Saten Kumar & Don J. Webber & Geoff Perry, 2012. "Real wages, inflation and labour productivity in Australia," Applied Economics, Taylor & Francis Journals, vol. 44(23), pages 2945-2954, August.
    2. Chaido Dritsaki, 2016. "Real wages, inflation, and labor productivity: Evidences from Bulgaria and Romania," Journal of Economic and Financial Studies (JEFS), LAR Center Press, vol. 4(5), pages 24-36, October.
    3. Saten Kumar, 2011. "Estimating export demand equations in selected Asian countries," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing, vol. 4(1), pages 5-16, February.

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