Trade elasticities in Mercosur
This paper provides estimates of trade elasticities for a group of countries that are part of Mercosur using a model of error correction. The results show a low elasticity of exported and imported volumes to changes in the real effective exchange rate. The income elasticity of imports is higher with...
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I28-R145-rimf_v8_n1_02_oai2025-02-11 Albornoz, Maximiliano 2019 This paper provides estimates of trade elasticities for a group of countries that are part of Mercosur using a model of error correction. The results show a low elasticity of exported and imported volumes to changes in the real effective exchange rate. The income elasticity of imports is higher with respect to the income elasticity of exports in two of the four countries. Real effective exchange rate volatility has a negative effect on trade volumes with the greatest impact on imports. Este trabajo provee estimaciones de elasticidades de comercio para un grupo de países que son parte del Mercosur usando un modelo de corrección de errores. Los resultados muestran una baja elasticidad de los volúmenes exportados e importados a cambios en el tipo de cambio real efectivo. La elasticidad ingreso de las importaciones es más alta con respecto a la elasticidad ingreso de las exportaciones en dos de los cuatro países. La volatilidad del tipo de cambio real efectivo tiene un efecto negativo sobre los volúmenes comerciales con mayor impacto sobre las importaciones. Fil: Albornoz, Maximiliano. Universidad Nacional del Oeste. application/pdf rimf_v8_n1_02 http://bibliotecadigital.econ.uba.ar/econ/collection/rimf/document/rimf_v8_n1_02 spa info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by/2.5/ar/ Rev. investig. modelos financ. Vol. 08, Nro. 01 (2019), p. 23-40 Exportaciones Importaciones Tipo de cambio real Elasticidades Trade elasticities in Mercosur info:eu-repo/semantics/article info:ar-repo/semantics/artículo info:eu-repo/semantics/publishedVersion https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=modelfin&d=rimf_v8_n1_02_oai |
institution |
Universidad de Buenos Aires |
institution_str |
I-28 |
repository_str |
R-145 |
collection |
Repositorio Digital de la Universidad de Buenos Aires (UBA) |
language |
Español |
orig_language_str_mv |
spa |
topic |
Exportaciones Importaciones Tipo de cambio real Elasticidades |
spellingShingle |
Exportaciones Importaciones Tipo de cambio real Elasticidades Albornoz, Maximiliano Trade elasticities in Mercosur |
topic_facet |
Exportaciones Importaciones Tipo de cambio real Elasticidades |
description |
This paper provides estimates of trade elasticities for a group of countries that are part of Mercosur using a model of error correction. The results show a low elasticity of exported and imported volumes to changes in the real effective exchange rate. The income elasticity of imports is higher with respect to the income elasticity of exports in two of the four countries. Real effective exchange rate volatility has a negative effect on trade volumes with the greatest impact on imports. |
format |
Artículo Artículo publishedVersion |
author |
Albornoz, Maximiliano |
author_facet |
Albornoz, Maximiliano |
author_sort |
Albornoz, Maximiliano |
title |
Trade elasticities in Mercosur |
title_short |
Trade elasticities in Mercosur |
title_full |
Trade elasticities in Mercosur |
title_fullStr |
Trade elasticities in Mercosur |
title_full_unstemmed |
Trade elasticities in Mercosur |
title_sort |
trade elasticities in mercosur |
publishDate |
2019 |
url |
http://bibliotecadigital.econ.uba.ar/econ/collection/rimf/document/rimf_v8_n1_02 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=modelfin&d=rimf_v8_n1_02_oai |
work_keys_str_mv |
AT albornozmaximiliano tradeelasticitiesinmercosur |
_version_ |
1825551208611315712 |