Determinants of Korean Trade Flows and their Geographical Destination

Lorenzo Giorgianni and Gian Maria Milesi-Ferretti ()

No 1703, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper investigates the behaviour 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 in terms of stability and forecasting performance. It also provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s.

Keywords: Direction of Exports; Exports; Imports; Korea; Trade Elasticities (search for similar items in EconPapers)
JEL-codes: F11 F14 F31 F32 (search for similar items in EconPapers)
Date: 1997-10
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Citations: View citations in EconPapers (5)

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Working Paper: Determinants of Korean Trade Flows and their Geographical Destination (1997)
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