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Co-integrating relationship between terms of trade, money and current account: the Italian evidence

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  • Giovanna Tagliabue

Abstract

The paper analyses long-run relationships between terms of trade, money and current account for Italy in the period from the first quarter of 1975 to the first quarter of 2001. #E_Abstract. #Keywords money, terms of trade, current account, multivariate cointegration #Received #Accepted #Online #RePEC https://ideas.repec.org/a/wut/journl/v3-4y2005p99-111.html #E #DOI #Pages 113-127 #Id 44 #Title Selection of computer system with the analysis of investment efficiency #Authors Adam Wasilewski &Adam.Wasilewski@pwr.wroc.pl & Eliza Wróbel &Eliza.Wrobel@ae.wroc.pl & #S_Abstract Przedstawiono podstawowe zasady wyboru systemu informatycznego zarządzania. Szczególny nacisk położono na kryterium efektywności inwestycyjnej. Zaproponowano sposób wyznaczania wskaźnika ROI z uwzględnieniem specyfiki inwestycji w system informatyczny, czyli korzyści biznesowych, technicznych oraz nakładów bezpośrednich i pośrednich.

Suggested Citation

  • Giovanna Tagliabue, 2005. "Co-integrating relationship between terms of trade, money and current account: the Italian evidence," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 15(3-4), pages 99-111.
  • Handle: RePEc:wut:journl:v:3-4:y:2005:p:99-111
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    References listed on IDEAS

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    2. Mr. Paul Cashin & Mr. C. John McDermott, 1998. "Terms of Trade Shocks and the Current Account," IMF Working Papers 1998/177, International Monetary Fund.
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