New Evidence on Export Price Elasticity from China and Six OECD Countries

作     者：Francesco Aiello Graziella Bonanno Alessia Via 

作者机构：Professor Department of Economics Statistics and Finance University of Calabria Calabria Italy. Post-Doc Researcher Department of Economics Statistics and Finance University of Calabria Calabria Italy. Post-Doe Student Liaison Office University of Calabria Calabria Italy. 

出 版 物：《China & World Economy》 (中国与世界经济（英文版）)

年 卷 期：2015年第23卷第6期

页      面：56-78页

核心收录：

学科分类：0202[经济学-应用经济学] 02[经济学] 03[法学] 0302[法学-政治学] 1202[管理学-工商管理] 0201[经济学-理论经济学] 020206[经济学-国际贸易学] 030206[法学-国际政治] 020105[经济学-世界经济] 020202[经济学-区域经济学] 0701[理学-数学] 

主　　题：competitive devaluation currency wars export price elasticity panel data 

摘      要：This paper provides new evidence on export price elasticities by analyzing the cases of China, France, Germany, Italy, Japan, UK and the USA over the period 1990-2012. Estimates have been made using panel data techniques for non-stationary data. After demonstrating that long-run relationships are stable to any structural break, it is found that exports are significantly determined by foreign demand, with long-run income elasticity significantly higher than unity for China, Japan, Germany, the UK and the USA. Conversely, exports are price inelastic for most of the countries in the sample, in both the long run and the short run. The exception is France, whose export price elasticity is lower （higher） than unity in the short run （long run）.