International Economic Journal · 1997 · 48 citations · 5 references
Social SciencesBusiness EconomicsEconomicsEconometricsInternational EconomicsInternational TradeAsian EconomiesCointegration AnalysisBudget Balance ConstraintCointegration In Macroeconomic VariablesEconomic Development In KoreaKorean Economy
Few studies have investigated the long-run convergence between imports and exports of a country. This paper investigates the Korean experience and founds that korea's imports and exports are cointegrated. The results indicate that Korea is not in violation of its international budget constraint. [F10]
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