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Analyzing a Long-Run Relationship between Exports and Imports Revisited: Evidence from G-7 Countries

Author

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  • Jungho Baek

    () (University of Alaska-Fairbanks)

Abstract

The main objective of this study is to provide an up-to-date and robust assessment of the long-run relationship between exports and imports in the G-7 countries. Using an expanded sample size and an enhanced econometric technique - autogressive distributed lag (ARDL) bounds testing approach to cointegration, our results show that exports and imports are cointegrated for five out of the seven countries and the estimated long-run coefficients are less than one.

Suggested Citation

  • Jungho Baek, 2016. "Analyzing a Long-Run Relationship between Exports and Imports Revisited: Evidence from G-7 Countries," Economics Bulletin, AccessEcon, vol. 36(2), pages 665-676.
  • Handle: RePEc:ebl:ecbull:eb-15-00754
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Bounds testing approach; Cointegration; Exports; Imports;

    JEL classification:

    • F0 - International Economics - - General
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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