Exports and Imports, is there simultaneity? A structural model for supertrading economies

The determining of exports and imports independently, which is a common assumption in literature, may be over restrictive for extremely open economies. As an alternative, this study proposes and estimates structural models for the simultaneous determination of trade flows in three extremely open eco...

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Detalhes bibliográficos
Autores: Sánchez-Larrión, Raúl, Arrazola, María, de Hevia, José
Formato: artículo
Fecha de publicación:2022
País:España
Recursos:Universidad Rey Juan Carlos
Repositorio:BURJC-Digital. Repositorio Institucional de la Universidad Rey Juan Carlos
OAI Identifier:oai:burjcdigital.urjc.es:10115/28960
Acesso em linha:https://hdl.handle.net/10115/28960
Access Level:acceso embargado
Palavra-chave:Trade elasticities
Imports
Exports
Simultaneous equation models
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spelling Exports and Imports, is there simultaneity? A structural model for supertrading economiesSánchez-Larrión, RaúlArrazola, Maríade Hevia, JoséTrade elasticitiesImportsExportsSimultaneous equation modelsThe determining of exports and imports independently, which is a common assumption in literature, may be over restrictive for extremely open economies. As an alternative, this study proposes and estimates structural models for the simultaneous determination of trade flows in three extremely open economies (Ireland, Belgium and Singapore). It confirms the existence of an interrelation between exports and imports and, as a result, the existence of a bias in the estimates of trade elasticities when the interrelation is not taken into account.World Scientific Publishing Company202420242022info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/10115/28960reponame:BURJC-Digital. Repositorio Institucional de la Universidad Rey Juan Carlosinstname:Universidad Rey Juan CarlosInglésinfo:eu-repo/semantics/embargoedAccessoai:burjcdigital.urjc.es:10115/289602026-06-24T12:48:17Z
dc.title.none.fl_str_mv Exports and Imports, is there simultaneity? A structural model for supertrading economies
title Exports and Imports, is there simultaneity? A structural model for supertrading economies
spellingShingle Exports and Imports, is there simultaneity? A structural model for supertrading economies
Sánchez-Larrión, Raúl
Trade elasticities
Imports
Exports
Simultaneous equation models
title_short Exports and Imports, is there simultaneity? A structural model for supertrading economies
title_full Exports and Imports, is there simultaneity? A structural model for supertrading economies
title_fullStr Exports and Imports, is there simultaneity? A structural model for supertrading economies
title_full_unstemmed Exports and Imports, is there simultaneity? A structural model for supertrading economies
title_sort Exports and Imports, is there simultaneity? A structural model for supertrading economies
dc.creator.none.fl_str_mv Sánchez-Larrión, Raúl
Arrazola, María
de Hevia, José
author Sánchez-Larrión, Raúl
author_facet Sánchez-Larrión, Raúl
Arrazola, María
de Hevia, José
author_role author
author2 Arrazola, María
de Hevia, José
author2_role author
author
dc.subject.none.fl_str_mv Trade elasticities
Imports
Exports
Simultaneous equation models
topic Trade elasticities
Imports
Exports
Simultaneous equation models
description The determining of exports and imports independently, which is a common assumption in literature, may be over restrictive for extremely open economies. As an alternative, this study proposes and estimates structural models for the simultaneous determination of trade flows in three extremely open economies (Ireland, Belgium and Singapore). It confirms the existence of an interrelation between exports and imports and, as a result, the existence of a bias in the estimates of trade elasticities when the interrelation is not taken into account.
publishDate 2022
dc.date.none.fl_str_mv 2022
2024
2024
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/10115/28960
url https://hdl.handle.net/10115/28960
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.rights.none.fl_str_mv info:eu-repo/semantics/embargoedAccess
eu_rights_str_mv embargoedAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv World Scientific Publishing Company
publisher.none.fl_str_mv World Scientific Publishing Company
dc.source.none.fl_str_mv reponame:BURJC-Digital. Repositorio Institucional de la Universidad Rey Juan Carlos
instname:Universidad Rey Juan Carlos
instname_str Universidad Rey Juan Carlos
reponame_str BURJC-Digital. Repositorio Institucional de la Universidad Rey Juan Carlos
collection BURJC-Digital. Repositorio Institucional de la Universidad Rey Juan Carlos
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15.812429