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Since its introduction in 1999, the euro has shown pronounced swings against the US dollar and the British pound. In this study, we investigate whether this evolution has affected bilateral German exports to two of its major export destinations: the US and the UK. Applying the autoregressive...
Persistent link: https://www.econbiz.de/10011154768
This investigation includes non-price factors such as patent applications and government and business characteristics into macroeconomic export demand functions because these determinants might also be relevant for international competitiveness. Results from panel cointegration as well as...
Persistent link: https://www.econbiz.de/10011241861