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2 edition of An empirical analysis of short-run and long-run Irish export functions found in the catalog.

An empirical analysis of short-run and long-run Irish export functions

Donal Bredin

An empirical analysis of short-run and long-run Irish export functions

does exchange rate volatility matter?

by Donal Bredin

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  • 28 Currently reading

Published by Department of Economics, University College Galway in Galway .
Written in English


Edition Notes

Includes bibliographical references (p15-17).

StatementDonal Bredin, Stilianos Fountas, Eithne Murphy.
SeriesWorking papers (University College Galway. Department of Economics) -- no.22
ContributionsFountas, Stilianos., Murphy, Eithne., University College, Galway. Department of Economics.
The Physical Object
Pagination19p. ;
Number of Pages19
ID Numbers
Open LibraryOL22840664M

According to the export led growth hypothesis, exports being the major source of economic growth have many theoretical justifications. First, in Keynesian theory more exports generate more income growth through foreign exchange multiplier 1 in the short run. Second, Export raises more foreign exchange which is used to purchase commodities such.


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An empirical analysis of short-run and long-run Irish export functions by Donal Bredin Download PDF EPUB FB2

We analyse the long-run and short-run relationship between merchandise export volume and its determinants, foreign income, relative prices and exchange rate volatility. The Irish export sector is dualistic, with relatively smaller indigenous firms dominating the more low technology production sectors, while larger subsidiaries of foreign owned multinationals tend to dominate the more high technology.

An Empirical Analysis of Short-Run and Long-Run Irish Export Functions: Does Exchange Rate Volatility Matter. By Don Bredin∗ Central Bank of Ireland Stilianos Fountas and Eithne Murphy National University of Ireland, Galway The views expressed in this paper are the personal responsibility of.

BibTeX @MISC{Bredin02anempirical, author = {Don Bredin and Stilianos Fountas and Eithne Murphy}, title = {An Empirical Analysis of Short-Run and Long- Run Irish Export Functions: Does Exchange Rate Volatility Matter.

By}, year = {}}. An Empirical Analysis of Short-Run and Long-Run Irish. An Empirical Analysis of Short-run and Long-run Irish Export Functions: Does exchange rate volatility matter. Don Bredin, Stilianos Fountas & Eithne Murphy Pages: An Empirical Analysis of Short-Run and Long- Run Irish Export Functions: Does Exchange Rate Volatility Matter.

associated with the single currency will lead to a long-run fall in Irish exports. An Empirical Analysis of the Short Run and Long Run Impacts of Foreign Aid on Domestic Savings in Nigeria P.B.

Eregha and I.R. An empirical analysis of short-run and long-run Irish export functions book Abstract: This study examines the impact of foreign aid inflow on domestic savings in Nigeria.

This study analyzes the long and short run relationship between the Karachi stock market index and a set of macro-economic variables using the data from to date of inflation, exchange rate and interest rates; the Auto Regressive Distributed Lag technique is used to find the long-run Co-integration relationship of the model and Ordinary.

'An empirical analysis of Short Run and Long Run Irish Export Functions: Does Exchange Rate Rate Volatility Matter' Bredin, D, Murphy, E, Fountas, S () 'An empirical analysis of Short Run and Long Run Irish Export Functions: Does Exchange Rate Rate Volatility Matter'.

International Review of Applied Economics, 17 (2) (). ince’s export basket. With export values of products of 70 counties and 31 Chinese provinces- PEXPY is calculated. Analysis shows that most provinces do have an export basket that is more sophisticated than what would be normally expected for a province at its income level.

Next, I test the hypothesis that higher. "An Empirical Analysis of Short-run and Long-run Irish Export Functions: Does Exchange rate Volatility Matter?", International Review of Applied Economics, Buguk, C., M. Isık, D. Dellal and A. Allen. An Empirical Analysis of Short Run and Long Run Irish Export Functions: Does Exchange Rate Volatility Matter?”, ().

Bilateral trade flows, lender hypothesis, and exchange risk”. An Empirical Analysis of Short-Run and Long- Run Irish Export Functions: Does Exchange Rate Volatility Matter. (). An Empirical Analysis of Short-run and Long-run Irish Export Functions: Does exchange rate volatility matter.

International Review of. An empirical analysis of short-run and longrun Irish export function: does exchange rate volatility matter?’, ().

Bilateral trade flows, the Linder hypothesis and exchange risk’. The Long Run and Short Run Impacts of Exports on Economic Growth: Evidence from Gabon affect negatively on economic growth. However, in short run investment and export cause economic growth.

These results provide evidence that investment and exports are necessary in IV. Empirical Analysis 1) Test for unit roots. An Empirical Analysis of Short-Run and Long-Run Irish Exports: Does Exchange Rate Volatility Matter.

An empirical analysis of short-run and long-run Irish export functions: does exchange rate volatility matter. By Stilianos Fountas and Eithne Murphy. Abstract.

We analyse the long-run and short-run relationship between merchandise export volume and its determinants, foreign income, relative prices and exchange rate variability, using the.

ated with outward-oriented [export-led growth] policies on trade" (World Bank ). The purpose of this paper is to challenge the results of the empirical literature in support of the neoclassical theory of export-led growth and to provide a theoretical and empirical alterna tive.

Contrary to. and Export. andran () investigates the impact of exchange rate volatility on the real exports and Imports in India using annual time series data for the period to He found that GDP has a positive and significant impact on India s real exports in the long-run, but the impact turns out to be insignificant in the short-run.

Bredin, D, S Fountas and E Murphy [] An empirical analysis of short-run and long run Irish export functions: Does exchange rate volatility matter.

International Review of Applied Economics, 17(2), – Crossref, Google Scholar; Broll, U and B Eckwert [] Exchange rate volatility and international trade.

recent empirical studies. This paper re-examines the sources of growth for the period for India. It builds upon Feder™s model to investigate empirically the relationship between export growth and GDP growth (the export led growth hypothesis), using recent.

An Analysis of the Transmission Mechanism of Monetary Policy in Ireland: 0: 0: 0: 0: 1: An Empirical Analysis of Short-Run and Long-Run Irish Export Functions: Does Exchange Rate Volatility Matter. 0: 0: 0: 0: 0: 6: An Empirical Analysis of Short-Run and Long-Run Irish Export Functions: Does Exchange Rate Volatility Matter.

An Empirical Analysis of Short-Run and Long-Run Irish Export Functions: Does Exchange Rate Volatility Matter. Don Bredin, Stilianos Fountas and Eithne Murphy Technology and Intermediation: the Case of Banking.

The empirical analysis is for the period –, employing annual data. Income and price sensitivity of both the long- and the short-run demand for electricity are examined. The remainder of the paper is organized as follows: the next section reviews a selection of some of the empirical studies on gasoline demand.

An Empirical Analysis of Short-run and Long-run Irish Export Functions: Does exchange rate volatility matter.

International Review of Applied Economics,17, (2), View citations (31) See also Working Paper (). The empirical study of determinant of economic growth by Barro () has been an important reference to Ireland and Greece. They have draw out three conclusions, first, public expenditure Granger causes growth in the short run and long run in all of the sample countries.

Second, both bivariate and trivariare framework shows that increase. tion and error-correction models (ECM) to estimate a long-run and a short-run export demand function.1 The motivation for estimating the Irish export demand function derives from the recent extraordinary growth in the share of Irish exports in GDP.

Most empirical studies of the determinants of Irish exports have used traditional estimation tech­. To determine the relationships between Export, Import and GDP 2. To determine whether the relationships are long run or short run phenomena, or both 3.

To determine whether there is any causal relationships between Export, Import and GDP. To determine the directions of the causality. Literature Review. According to the estimated long-run relationship, consumer debt has a negative relationship with GDP (equation (4)). In the short run, as shown in Table A6 of Appendix A4, the growth rate of consumer debt adjusts negatively to disequilibrium as the negative adjustment coefficients of the equation for this variable indicates.

The direct impact. It also shows that the short-run output elasticity of imports is much greater than that in the long run, suggesting that import substitution may have been an important factor over the sample period.

Empirical studies of the export function tend to have adopted a disaggregated approach. Such an approach may be viewed as being substantially legitimate since different industries exhibit different market structures and technologies, as well as different elasticities of demand and supply, both long run and short run.

Ph.D. in Economics, The Ohio State University, Columbus, Ohio, USA, ; M.A. in Economics, The Ohio State University, Columbus, Ohio, USA, An empirical analysis of short-run and long run Irish export functions: does exchange rate volatility matter. Bilateral J-curve between U.S. and her trading partners.

D. Bredin, S. Fountas, E. MurphyAn empirical analysis of short run and long run Irish export functions: does exchange rate volatility matter. This is a book on demand analysis that links economic theory to empirical analysis.

The first part shows how theory can be used to specify equation systems suitable for empirical analysis. The second part discusses demand systems estimation using both.

An empirical analysis of short-run and long-run Irish export functions: does exchange rate volatility matter. Fountas, Stilianos ; Murphy, Eithne (National University of Ireland, Galway, ).

Behzad Yaghmaian, An empirical investigation of exports, development, and growth in developing countries: Challenging the neoclassical theory of export-led growth, World Development, /X(94), 22, 12, (), ().

Theoretical and empirical studies have shown the important role of exports as an engine of economic growth of several nations. As well as export growth determines the degree of integration of the national economy into the world economy.

Robert F. Emery () in his article entitled «the relation of export and economic growth”. Read "Long run post issue performance of fixed price and book built IPOs: an empirical study on Indian markets, Journal of Advances in Management Research" on DeepDyve, the largest online rental service for scholarly research with thousands of academic publications available at.

The empirical model in this study is a growth function and the infrastructure variables are added as an input to this function. Empirical results suggest that the long-run elasticity of transportation is higher than the long run elasticities of telecommunications and power.

Thus, in order to catch-up East Asia quickly, Latin America should.Besides the short and the long run model, the impulse response function and the descriptive analysis revealed that a J-curve phenomenon exists for the trade balance of Ethiopia.

That means, the finding of this study showed that the Marshall-Lerner Condition holds only in the long run.MULTIPLE CHOICE 1. Evidence from empirical studies of short-run cost-output relationships lends support to the: a. existence of a non-linear cubic total cost function b.

hypothesis that marginal costs first decrease, then gradually increase over the normal operating range of the firm c. hypothesis that total costs increase quadratically over the ranges of output examined d.

hypothesis that.