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

Published online by Cambridge University Press:  26 March 2020

R. Anderton  and
A. Dunnett
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Extract

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?

Type
Articles
Information
National Institute Economic Review , Volume 121 , August 1987 , pp. 46 - 52
Copyright
Copyright © 1987 National Institute of Economic and Social Research

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References

Brooks, S. (1981), ‘Systematic econometric comparisons: exports of manufactured goods’, National Institute Economic Review, no. 97, August.CrossRefGoogle Scholar
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Milne, A. (1986), ‘The volume of manufactured exports from the UK’, HM Treasury Academic Panel Paper, no. 85(18).Google Scholar
National Institute of Economic and Social Research (1986), National Institute Model 9: November 1986.Google Scholar