Time Series Analysis of Export Demand Equations: A Cross-Country Analysis

29 Pages Posted: 15 Feb 2006

See all articles by Abdelhak S. Senhadji

Abdelhak S. Senhadji

International Monetary Fund (IMF)

Claudio E. Montenegro

Universidad de Chile, Economics Department; World Bank Group

Date Written: October 1998

Abstract

The paper estimates export demand elasticities for a large number of developing and developed countries, using time-series techniques that account for the nonstationarity in the data. The average long-run price and income elasticities are found to be approximately -1 and 1.5, respectively. Thus, exports do react to both the trade partners` income and to relative prices. Africa faces the lowest income elasticities for its exports, while Asia has both the highest income and price elasticities. The price and income elasticity estimates have good statistical properties.

Keywords: Export demand, Income and Price Elasticities, Cointegration

JEL Classification: F14, F41, E21, C22

Suggested Citation

Senhadji, Abdelhak S. and Montenegro, Claudio E. and Montenegro, Claudio E., Time Series Analysis of Export Demand Equations: A Cross-Country Analysis (October 1998). IMF Working Paper No. 98/149, Available at SSRN: https://ssrn.com/abstract=882723

Abdelhak S. Senhadji (Contact Author)

International Monetary Fund (IMF)

700 19th Street, N.W.
Washington, DC 20431
United States

Claudio E. Montenegro

World Bank Group ( email )

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States

Universidad de Chile, Economics Department

Diagonal Paraguay 257
Torre 26, Of. 1801
Santiago
Chile

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
443
Abstract Views
1,946
rank
82,712
PlumX Metrics