Work ing PaPer Ser ieS no 1594 / SePtember 2013 iS there a role for domeStic demand PreSSure on exPort Performance ?

Abstract

Traditionally, exports behavior is modeled only as a function of the foreign demand and the real exchange rate. However, it is by now widely acknowledged that these variables are not able to fully explain exports developments. This paper suggests considering domestic demand pressure as an additional variable, revisiting its economic rationale and assessing… (More)

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