Badinger, Harald, Fichet de Clairfontaine, Aurélien. 2017. Dynamics of the Trade Balance: In Search of the J-Curve using a Structural Gravity Approach. Winterseminar der Gesellschaft für Regionalforschung (GfR), Spital am Pyhrn, Austria, 18.02.-24.02.

RIS

@CONFERENCE{Badinger2017,
title = {Dynamics of the Trade Balance: In Search of the J-Curve using a Structural Gravity Approach},
author = {Harald Badinger and Aurélien Fichet de Clairfontaine},
year = {2017},
address = {Spital am Pyhrn},
url = {http://gfr.ersa.org/2016/10/31/winterseminar-2017/},
language = {EN},
misc = {Winterseminar der Gesellschaft für Regionalforschung (GfR)},
abstract = {The present paper uses a structural gravity approach, specifying currency movements as component of trade costs, in order to derive an empirical trade balance model, which incorporates multilateral resistance terms and accounts for the cross-country variation in the magnitude of the exchange rate pass-through into import and export prices. The model then is estimated using quarterly bilateral trade flows between 47 countries, disaggregated into 97 commodity groups, over the period 2010Q1-2017Q2. The results support the existence of a pooled J-curve across countries and commodity sectors; at the same time they point to considerable heterogeneity in the effects across countries and industries below the surface of aggregate data.},
}