Determinants of Korean Trade Flows and their Geographical Destination

Author/Editor:

Gian M Milesi-Ferretti ; Lorenzo Giorgianni

Publication Date:

April 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper investigates the behavior of Korean trade flows during the last three decades and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables and assesses the relative merits of these alternative specifications in terms of stability and forecasting performance. It also provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s.

Series:

Working Paper No. 1997/054

Subject:

English

Publication Date:

April 1, 1997

ISBN/ISSN:

9781451847475/1018-5941

Stock No:

WPIEA0541997

Pages:

47

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