English, Article edition: LONG-RUN RELATIONSHIP BETWEEN IMPORTS AND EXPORTS: EVIDENCE FROM ASIAN COUNTRIES MOHAMMAD AFZAL

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Bookmark: http://trove.nla.gov.au/version/131830
Physical Description
  • article
Language
  • English

Edition details

Title
  • LONG-RUN RELATIONSHIP BETWEEN IMPORTS AND EXPORTS: EVIDENCE FROM ASIAN COUNTRIES
Author
  • MOHAMMAD AFZAL
Physical Description
  • article
Notes
  • We used EngleâGranger cointegration test to investigate and compare the long-run performance of imports and exports in Pakistan, India, Sri Lanka, Korea and Thailand. Graphical analysis demonstrates an inherent tendency of imports and exports to move together in the long run. Cointegration and error correction results support the graphical analysis that these countries do not violate on the average the international budget constraint, and trade disequilibrium is a short-run phenomenon that is sustainable in the long run. Macroeconomic policies in the sample countries have been adequately effective to affect long-run equilibrium between imports and exports. The international events had differential impact on each country of our sample.
  • Imports, exports, trade disequilibrium, cointegration, error correction
  • RePEc:wsi:serxxx:v:53:y:2008:i:02:p:261-278
Language
  • English
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