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A dinâmica dos termos de troca e da balança comercial: Curva "S" na Europa ?

Author

Listed:
  • Alexandra Ferreira Lopes

    (Dinâmia, ISCTE)

  • Alda Rito

    (DGEP, Ministerio Financas)

  • Tiago Sequeira

    (UBI)

Abstract

Documentam-se as principais características cíclicas de variáveis ligadas ao comércio internacional dos países mais periféricos da União Europeia e comparam-se com as características do conjunto da União, apresentando evidências de que a balança comercial está correlacionada negativamente com movimentos passados e presentes dos termos de troca e positivamente com movimentos passados, dando origem à designada S. Aplica-se o modelo de Backus, Kehoe e Kydland (1994) para verificar a sua aproximação aos dados destes países e avaliar a sua robustez a outras realidades empíricas. Verificaram-se as principais vantagens do modelo já identificadas mas a robustez do modelo a diferenças entre países apenas é verificada numa das variáveis: a balança comercial.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Alexandra Ferreira Lopes & Alda Rito & Tiago Sequeira, 2004. "A dinâmica dos termos de troca e da balança comercial: Curva "S" na Europa ?," Macroeconomics 0402011, EconWPA.
  • Handle: RePEc:wpa:wuwpma:0402011
    Note: Type of Document - pdf; prepared on win98; pages: 44.
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    Keywords

    ciclos económicos termos de troca curva J;

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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