We argue that, under certain conditions, firms consider exports as a substitute for domestic demand. Our econometric …

We argue that, under certain conditions described by a sunk cost hysteresis model, firms consider exports as a … export market and vice versa takes place in a smooth manner. Areas of weak reaction of exports to changes in domestic demand …

strength of the link between domestic demand and exports is dependent on capacity constraints. Our econometric model for six … same transition variable. We find that domestic demand developments are relevant for the short-run dynamics of exports when … exports turns out to be stronger the larger is the deviation of capacity utilization from its average value over the cycle. …

strength of the link between domestic demand and exports is dependent on capacity constraints. Our econometric model for six … same transition variable. We find that domestic demand developments are relevant for the short-run dynamics of exports when … exports turns out to be stronger the larger is the deviation of capacity utilization from its average value over the cycle. …

We argue that, under certain conditions described by a sunk cost hysteresis model, firms consider exports as a … export market and vice versa takes place in a smooth manner. Areas of weak reaction of exports to changes in domestic demand …

-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector error …-correction models ; Granger causality …

-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector … errorcorrection models ; Granger causality …