IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/81218.html
   My bibliography  Save this paper

Determinantes del déficit comercial de la República Dominicana
[Determinants of the trade deficit of the Dominican Republic]

Author

Listed:
  • Mejía Méndez, Cinthya
  • Jáquez Polanco, Jaqueli
  • Cruz-Rodríguez, Alexis

Abstract

The objective of this paper is to identify the factors that influenced the trade deficit of the Dominican Republic for the period 2000-2014. For them, the role of the real exchange rate, private consumption and foreign direct investment are examined using a ordinary least square model (OLS) and an error correction mechanism (ECM). The results indicate that an increase in private consumption and increased foreign direct investment increases the trade deficit, while an increase in US GDP as well as the depreciation of the real exchange rate implies an improvement in the trade balance.

Suggested Citation

  • Mejía Méndez, Cinthya & Jáquez Polanco, Jaqueli & Cruz-Rodríguez, Alexis, 2017. "Determinantes del déficit comercial de la República Dominicana
    [Determinants of the trade deficit of the Dominican Republic]
    ," MPRA Paper 81218, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:81218
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/81218/1/MPRA_paper_81218.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Waliullah & Mehmood Khan Kakar & Rehmatullah Kakar & Wakeel Khan, 2010. "The Determinants of Pakistan’s Trade Balance: An ARDL Cointegration Approach," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 15(1), pages 1-26, Jan-Jun.
    2. Martin Falk, 2008. "Determinants of the Trade Balance in Industrialized Countries," FIW Research Reports series I-013, FIW.
    3. Stefan Papaioannou & Kei-Mu Yi, 2001. "The effects of a booming economy on the U.S. trade deficit," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 7(Feb).
    4. Amelia U Santos-Paulino, 2006. "Trade liberalisation and trade performance in the Dominican Republic," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(7), pages 925-944.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Real exchange rate; private consumption; foreign direct investment; trade deficit.;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:81218. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.