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Estimations des élasticités du commerce extérieur sur l’ensemble des biens et services pour un panel de 17 pays

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  • Karine Hervé

Abstract

[eng] Elasticity values in trade equations have led to much discussion on subjects such as the role of the exchange rate in long-term distortion of nominal trade balances. This paper contributes to the discussion by calculating a trade model for a panel of 17 industrialised countries. Its innovative feature is to apply an original econometric method that makes it possible to test the equality of parameters between countries. This study demonstrates that there are structural differences between countries which may be more or less pronounced depending on the behaviour and range selected and that exchange-rate variations affect economies unequally. [fre] La valeur des élasticités des équations du commerce ont entraîné de nombreuses discussions autour de thèmes tels que le rôle du taux de change dans l'altération des balances commerciales nominales à long terme. Ce papier représente une contribution à ces débats par l’estimation d’un modèle de commerce sur un panel de 17 pays industrialisés. Son caractère innovant réside dans l’application d’une méthode économétrique originale permettant de tester l’égalité des paramètres entre pays. Cette étude montre qu'il existe des différences structurelles entre pays plus ou moins marquées selon le comportement et l'horizon retenus et que les variations de change affectent les économies dans des proportions inégales.

Suggested Citation

  • Karine Hervé, 2001. "Estimations des élasticités du commerce extérieur sur l’ensemble des biens et services pour un panel de 17 pays," Économie et Prévision, Programme National Persée, vol. 147(1), pages 19-36.
    • Handle: RePEc:prs:ecoprv:ecop_0249-4744_2001_num_147_1_6212
    DOI: 10.3406/ecop.2001.6212
    Note: DOI:10.3406/ecop.2001.6212
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    4. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
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    6. repec:adr:anecst:y:1997:i:47:p:07 is not listed on IDEAS
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