Demand And Supply Of Aggregate Exports Of Goods And Services Multivariate Cointegration Analyses For The United States, Canada, and Germany

In this book export demand and supply are modeled simultaneously using a new proxy for globalization. Empirical estimates for the United States, Canada, and Germany show that the countries differ as to the price elasticities of demand and supply and the effects of globalization. However, the elasticity of exports to world production equals unity throughout, which is in line with constant returns to scale, but lower than the values found in previous studies that do not distinguish between growth and globalization.Straub, Hubert is the author of 'Demand And Supply Of Aggregate Exports Of Goods And Services Multivariate Cointegration Analyses For The United States, Canada, and Germany', published 2004 under ISBN 9783540222941 and ISBN 3540222944.