A Note on Impacts of International Trade on Economic Growth and Inflation

Autor: Ling T. He
Rok vydání: 2011
Předmět:
Zdroj: The International Trade Journal. 25:418-432
ISSN: 1521-0545
0885-3908
DOI: 10.1080/08853908.2011.597681
Popis: Results of this study indicate that short- and long-term effects of international trade on inflation, GDP, and inflation-adjusted GDP growth vary over periods with fixed or freely floating exchange rates or a big accumulated trade deficit. Causalities between trade and other macroeconomic variables are also different in different periods. This study does not find supportive evidence that “phantom GDP gains” may significantly change impacts of imports on productivity, CPI, and inflation-adjusted GDP and causalities between imports and other macroeconomic variables, although a structural break is found in the relationship between imports and GDP at the beginning of 2003.
Databáze: OpenAIRE
Nepřihlášeným uživatelům se plný text nezobrazuje