Determinants of Korean Trade Flows and their Geographical Destination /

This paper investigates the behavior of Korean trade flows during the last three decades and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables and assesses the relative merits of these alternative specifications i...

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Bibliographic Details
Main Authors:	Milesi-Ferretti, Gian Maria, Milesi-Ferretti, Gian
Other Authors:	Giorgianni, Lorenzo
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 1997
Series:	IMF Working Papers ; Working Paper No. 97/54 IMF Working Papers; Working Paper ; No. 1997/054 IMF eLibrary
Subjects:	Adjustment parameter Aggregate consumption Aggregate demand Aggregate exports Aggregate imports Aggregate trade flows Aggregate trade Autocorrelation Average tariff Cointegration Commodity composition Constant term Correlation Domestic demand Domestic goods Domestic investment Domestic price Domestic prices Dynamic adjustment Econometrics Economic cooperation Equation Equations Estimation of equation Estimation period Estimation procedure Exchange rate fluctuations Exchange rate movements Explanatory power Export growth Export market Export markets Export performance Export price Export prices Export quantities Export share Export shares Export structure Export supply Export volumes External indebtedness External trade Fixed investment Forecasting Foreign trade Import demand Import liberalization Import price Import prices Import restrictions Imported goods Income elasticities Increasing trade integration Increasing trade International trade Lagrange multiplier test Logarithm Maximum likelihood estimation Number of variables Oil prices Oil shock Open economy Optimization Partner countries Pattern of trade Prediction Price of imports Product differentiation Random walks Regional integration Sensitivity analysis Significance level Significance levels Standard errors Statistic Statistical analysis Statistical data Statistics Supply equation Supply equations Survey Surveys Terms of trade Time series analysis Time series Trade deficits Trade flows Trade integration Trade models Trade policies Trade volumes Trading partner Trading partners Value of exports Value of imports Wholesale price index Wholesale price World demand World economy World exports World investment World markets World output World price index World price World prices World trade Currency Current Account Adjustment Deflation Empirical Studies of Trade Exports and Imports Exports Foreign Exchange Foreign exchange Imports Inflation International economics Macroeconomics Neoclassical Models of Trade Price Level Price elasticity Prices Real effective exchange rates Short-term Capital Movements Trade: General Korea, Republic of

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Determinants of Korean Trade Flows and their Geographical Destination /

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