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International Trade and Structural Change / Dan Ben-David, David H. Papell.

By: Contributor(s): Material type: TextTextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w6096.Publication details: Cambridge, Mass. National Bureau of Economic Research 1997.Description: 1 online resource: illustrations (black and white)Subject(s): Online resources: Available additional physical forms:
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Abstract: 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.
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Working Paper Biblioteca Digital Colección NBER nber w6096 (Browse shelf(Opens below)) Not For Loan
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July 1997.

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.

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