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Estimations des élasticités du commerce extérieur sur l'ensemble des biens et services pour un panel de 17 pays

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  • Karine Hervé

Abstract

Elasticity values in trade equations have led to much discussion on subjects such as the role of the exchange rate in long-term distortion of nominal trade balances. This paper contributes to the discussion by calculating a trade model for a panel of 17 industrialised countries. Its innovative feature is to apply an original econometric method that makes it possible to test the equality of parameters between countries. This study demonstrates that there are structural differences between countries which may be more or less pronounced depending on the behaviour and range selected and that exchange-rate variations affect economies unequally.

Suggested Citation

  • Karine Hervé, 2001. "Estimations des élasticités du commerce extérieur sur l'ensemble des biens et services pour un panel de 17 pays," Economie & Prévision, La Documentation Française, vol. 147(1), pages 19-36.
    • Handle: RePEc:cai:ecoldc:ecop_147_0019
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