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Global Economy Journal

The Official Publication of the International Trade and Finance Association

Ed. by Pelzman, Joseph

CiteScore 2018: 0.33

SCImago Journal Rank (SJR) 2018: 0.157
Source Normalized Impact per Paper (SNIP) 2018: 0.402

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Volume 9, Issue 2


Structural Breaks and Exports in the Philippines

Saten Kumar
Published Online: 2009-06-09 | DOI: https://doi.org/10.2202/1524-5861.1504

This paper estimates the export demand equation for the Philippines using the Gregory and Hansen procedure. We allowed for structural breaks within the Gregory and Hansen framework and obtained a cointegrating relationship between real exports, real income and relative prices. Our preferred model is the level shift where all the coefficients are significant and plausible. The income elasticity of export demand is around unity and the relative price elasticity is around -1.2.

Keywords: Gregory and Hansen; export demand; income and relative price elasticities

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Published Online: 2009-06-09

Citation Information: Global Economy Journal, Volume 9, Issue 2, ISSN (Online) 1524-5861, DOI: https://doi.org/10.2202/1524-5861.1504.

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