Determinantes del déficit comercial de la República Dominicana

Determinants of the trade deficit of the Dominican Republic

Cinthya Mejía Méndez, Jaqueli Jáquez Polanco and Alexis Cruz-Rodriguez

MPRA Paper from University Library of Munich, Germany

Abstract: The objective of this paper is to identify the factors that influenced the trade deficit of the Dominican Republic for the period 2000-2014. For them, the role of the real exchange rate, private consumption and foreign direct investment are examined using a ordinary least square model (OLS) and an error correction mechanism (ECM). The results indicate that an increase in private consumption and increased foreign direct investment increases the trade deficit, while an increase in US GDP as well as the depreciation of the real exchange rate implies an improvement in the trade balance.

Keywords: Real exchange rate; private consumption; foreign direct investment; trade deficit. (search for similar items in EconPapers)
JEL-codes: F10 F14 F31 F32 (search for similar items in EconPapers)
Date: 2017-09-07
New Economics Papers: this item is included in nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:81218

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