All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Shigeyuki Hamori and Yoichi Matsubayashi
 
''Empirical analysis of export demand behavior of LDCs: Panel cointegration approach ''
( 2009, Vol. 29 No.3 )
 
 
In this paper, we use panel data to empirically analyze the stability of the export functions of LDCs for the period 1980-2004 using the nonstationary panel time series analysis. We find that the use of panel data for the region of the LDC clearly supports a cointegrating relationship. Our empirical results also show that price elasticity ranges between -0.24 and -0.34 and income elasticity ranges between 1.36 and 1.79 for the panel of LDCs.
 
 
Keywords: LDCs, export demand function, panel unit root, panel cointegration
JEL: F4 - Macroeconomic Aspects of International Trade and Finance: General
O1 - Economic Development: General
 
Manuscript Received : Aug 09 2009 Manuscript Accepted : Aug 17 2009

  This abstract has been downloaded 338 times                The Full PDF of this paper has been downloaded 87724 times