Cover IMF Working Papers
Buy Book in Print
Determinants of Argentina’s External Trade
Author:
Ms. Elisabetta Falcetti null

Search for other papers by Ms. Elisabetta Falcetti in
Current site
Google Scholar Close
and
Mr. Luis Catão
Search for other papers by Mr. Luis Catão in
Current site
Google Scholar Close
Series:
IMF Working Papers
Volume/Issue:
Volume 1999: Issue 121
Language:
English
Publication Date:
01 Sep 1999
DOI:
https://doi.org/10.5089/9781451854367.001
ISBN:
9781451854367
ISSN:
1018-5941
Pages:
35
Keywords:
WP; exchange rate; price elasticity; foreign trade; income elasticity of imports; Argentina; Foreign Trade Elasticities; International Competitiveness; MERCOSUR; commodity export price; A. export supply equation; Argentina's export; export supply function; export equation; B. export supply; import function; aggregate import function; import demand; income elasticity; price indicator; Exports; Imports; Real exchange rates; Trade balance; Export prices; Western Hemisphere; South America
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (1.4 MB) Download Epub
This paper presents new estimates of export and import equations for Argentina, using a broader set of variables than previous studies and distinguishing between intra- and extra-MERCOSUR trade. It measures the importance of relative price versus income effects in accounting for the higher trade deficit during the 1990s, and examines whether foreign trade elasticities have increased as a result of structural changes in the economy. It finds that the high income elasticity of imports and the responsiveness of exports to changes in world commodity prices, domestic absorption, and economic activity in Brazil have been key determinants of Argentina’s trade balance.
  • Collapse
  • Expand
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund