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Title: |
Are Imports and Exports of Korea Cointegrated? |
| Author: |
Bahmani-Oskooee,
Mohsen; Rhee, Hyun-Jae |
| Author
Affiliation: |
U WI,
Milwaukee; Chongju U |
| Source: |
International Economic Journal, Spring 1997, v. 11, no. 1, pp. 109-114 |
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Publication Date: |
Spring 1997 |
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Abstract: |
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. |
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