Modelling the Behaviour of Export Volumes of Manufactures: an Evaluation of the Performance of Different Measures of International Competitiveness

Author:

Anderton R.,Dunnett A.

Abstract

The objective of this note is to compare the econometric performance of several different equations which attempt to model the behaviour of export volumes of manufactured goods. Such equations usually explain export volumes in terms of an index of world economic activity and an index of competitiveness. This note concentrates on the issue of competitiveness; namely, how should competitiveness be defined and measured when employed in an export volumes equation?

Publisher

Cambridge University Press (CUP)

Subject

General Economics, Econometrics and Finance

Reference5 articles.

1. Systematic Econometric Comparisons: Exports of Manufactured Goods

2. London Business School (1986), ‘The London Business School quarterly econometric model of the United Kingdom economy: relationships in the basic model as at 20 March 1986’.

3. National Institute of Economic and Social Research (1986), National Institute Model 9: November 1986.

4. HM Treasury (1987), ‘HM Treasury macroeconomic model documentation’, January 1987 model (published version).

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