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Are Imports and Exports of Korea Cointegrated?

Mohsen Bahmani-Oskooee () and Hyun-Jae Rhee

International Economic Journal, 1997, vol. 11, issue 1, 109-114

Abstract: Few studies have investigated the long-run convergence between imports and exports of a country. This paper investigates the Korean experience and founds that korea's imports and exports are cointegrated. The results indicate that Korea is not in violation of its international budget constraint. [F10]

Date: 1997
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