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Bilateral trade elasticities: Sweden versus her trade partners
University of Skövde, School of Technology and Society.
University of Örebro.
2005 (English)In: American Review of Political Economy, ISSN 1551-1383, Vol. 3, no 2, 38-50 p.Article in journal (Refereed) Published
Abstract [en]

This study explores the long-run bilateral trade elasticities between Sweden and its six major trading partners for the period 1960-1999. Tests for unit roots and cointegration in a panel perspective are conducted. The estimated cross sectional trade elasticities show that trade is highly sensitive to changes in income but less sensitive to real exchange rate fluctuations. The bilateral trade elasticities disclose that the Marshall-Lerner condition is not satisfied (except for Germany) and real depreciation of the Swedish currency has less favorable impact on the trade balance. The policy implications of our findings are also discussed.

Place, publisher, year, edition, pages
ARPE Journal , 2005. Vol. 3, no 2, 38-50 p.
Identifiers
URN: urn:nbn:se:his:diva-1836OAI: oai:DiVA.org:his-1836DiVA: diva2:32112
Available from: 2007-09-07 Created: 2007-09-07 Last updated: 2013-04-09Bibliographically approved

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http://www.arpejournal.com/ARPEvolume3number2/Hatemi-J-Irandoust.pdf

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
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