Further evidence on Orcutt's hypothesis using Korean-US commodity data

Mohsen Bahmani-Oskooee and Jungho Baek

Applied Economics Letters, 2015, vol. 22, issue 9, 717-724

Abstract: Orcutt's hypothesis in international economics asserts that trade flows respond to exchange rate changes faster than to changes in relative prices. Previous research has provided mixed support by using trade flows of one country with the rest of the world, an aggregate concept. A second group of studies is now emerging which use prices and trade flows at commodity level. We add to this second group by using data from 10 Standard International Trade Classification single-digit industries that trade between Korea and the United States. The hypothesis was supported in small fraction of industries.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2014.972539 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:22:y:2015:i:9:p:717-724

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2014.972539

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().