A test for strong hysteresis in international trade

dc.contributor.author	Teles, Vladimir Kuhl
dc.contributor.author	Denadai, Ricardo Sávio
dc.date.accessioned	2009-08-26T14:48:13Z
dc.date.available	2009-08-26T14:48:13Z
dc.date.issued	2009-08-26
dc.identifier.uri	http://hdl.handle.net/10438/2727
dc.description.abstract	The article suggests a new test for strong hysteresis in international trade. The variables that capture the effects of hysteresis are based on the model of Dixit (1989) with calibrations using a state-space model to determine the parameters for each point in time. These variables are then applied to a cointegration test with breaks, where it is possible to verify whether the hysteresis effect is essential in determining the long-term equilibrium.	eng
dc.language.iso	eng
dc.relation.ispartofseries	Textos para Discussão;195	por
dc.subject	Hysteresis	por
dc.subject	International trade	eng
dc.subject	Cointegration	por
dc.subject	Structural break	eng
dc.title	A test for strong hysteresis in international trade	eng
dc.type	Working Paper	eng
dc.subject.area	Economia	por
dc.contributor.unidadefgv	Escolas::EESP	por
dc.subject.bibliodata	Economia	por