Empirical Analysis of Export Demand Behavior of LDCs: Panel Cointegration Approach

Shigeyuki Hamori and Yoichi Matsubayashi ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we use panel data to empirically analyze the stability of the export functions of LDCs for the period 1980-2004 using the nonstationary panel time series analysis. We find that the use of panel data for the region of the LDC clearly supports a cointegrating relationship. Our empirical results also show that price elasticity ranges between -0.24 and -0.34 and income elasticity ranges between 1.36 and 1.79 for the panel of LDCs.

Keywords: LDCs; export demand function; panel unit root; panel cointegration (search for similar items in EconPapers)
JEL-codes: F41 O11 (search for similar items in EconPapers)
Date: 2009-09-14
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published in Economics Bulletin 3.29(2009): pp. 1996-2005

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/17316/1/MPRA_paper_17316.pdf original version (application/pdf)

Related works:
Journal Article: Empirical analysis of export demand behavior of LDCs: Panel cointegration approach (2009)
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:pra:mprapa:17316

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().