TY - JOUR
T1 - International trade and structural change
AU - Ben-David, Dan
AU - Papell, David H.
PY - 1997/11/1
Y1 - 1997/11/1
N2 - In light of the substantial movement towards trade liberalization during the postwar period, this paper attempts to determine if, and when, countries experienced statistically significant changes in the paths of their export-GDP and import-GDP ratios. We find that: (1) most trade ratios exhibited a structural break in their time paths; (2) postbreak trade exceeded prebreak trade for the majority of countries; (3) the coincidence in timing between the import and export breaks does not appear to be particularly strong, and; (4) there is little relation between the extent of changes in imports and the extent of changes in exports for most countries.
AB - In light of the substantial movement towards trade liberalization during the postwar period, this paper attempts to determine if, and when, countries experienced statistically significant changes in the paths of their export-GDP and import-GDP ratios. We find that: (1) most trade ratios exhibited a structural break in their time paths; (2) postbreak trade exceeded prebreak trade for the majority of countries; (3) the coincidence in timing between the import and export breaks does not appear to be particularly strong, and; (4) there is little relation between the extent of changes in imports and the extent of changes in exports for most countries.
KW - International trade
KW - Structural change
UR - http://www.scopus.com/inward/record.url?scp=0031402520&partnerID=8YFLogxK
U2 - 10.1016/S0022-1996(97)00011-1
DO - 10.1016/S0022-1996(97)00011-1
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AN - SCOPUS:0031402520
SN - 0022-1996
VL - 43
SP - 513
EP - 523
JO - Journal of International Economics
JF - Journal of International Economics
IS - 3-4
ER -