Domestic Demand Pressure, Relative Prices and the Exports Supply Equation - More Empirical Evidence.

The purpose of this study is to examine this issue further, using a different country--Israel--as a case study. The exports equation of this model includes both a price variable and a measure of domestic demand so that we can examine empirically whether both variables should be included in the expor...

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Publicado en:Economica Vol. 47; no. 188; pp. 443 - 451
Autor principal: Zilberfarb, Ben-Zion
Formato: Artículo
Publicado: Wiley-Blackwell Nov80
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Domestic Demand Pressure, Relative Prices and the Exports Supply Equation - More Empirical Evidence.
      aug:
        au: Zilberfarb, Ben-Zion
        affil: Bar-Ilan University.
      su:
        Exports
        Price variance
        Economic demand
        Demand function
        International trade
        Israel
      sug:
        subj:
          Israel
          Exports
          Price variance
          Economic demand
          Demand function
          International trade
      ab: The purpose of this study is to examine this issue further, using a different country--Israel--as a case study. The exports equation of this model includes both a price variable and a measure of domestic demand so that we can examine empirically whether both variables should be included in the exports equation. Furthermore, comparing our results with previous results obtained for Israeli exports (by Halevi, 1972), we were able, using a measure of DDP that is based on the difference between potential and actual output, to demonstrate that if domestic demand pressure is erroneously omitted from the exports equation, upward-biased estimates of the price elasticity result.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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