Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany

Detalhes bibliográficos
Autor(a) principal: Faleiros, João Paulo Martin
Data de Publicação: 2015
Outros Autores: Alves, Denisard Cneio de Oliveira
Tipo de documento: Artigo
Idioma: por
Título da fonte: Economia Aplicada
Texto Completo: https://www.revistas.usp.br/ecoa/article/view/106027
Resumo: The aim of this paper is to evaluate the relationship between exports and productivity using Multiple Regimes Smooth Transition Vector Error- Correction Model (MR-STVEC) for a sample of four developed countries (United States, Canada, Japan and Germany). MR-STVEC models require a previous strategy of identification. Based on the strategy used by Lundbergh et al. (2003), we apply two different likelihood ratio tests. The results indicate that exports may reverse negative productivity shocks. In particular, for Canada and Germany, exports are able to act as a restriction to an increase in productivity when there are positive shocks.
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spelling Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and GermanyRevalidando a relação entre produtividade e exportações através de modelo de correlação de erros não linear: evidências para Estados Unidos, Canadá, Japão e AlemanhaExportsProductivityNonlinear models.ExportaçõesProdutividadeModelos não lineares.The aim of this paper is to evaluate the relationship between exports and productivity using Multiple Regimes Smooth Transition Vector Error- Correction Model (MR-STVEC) for a sample of four developed countries (United States, Canada, Japan and Germany). MR-STVEC models require a previous strategy of identification. Based on the strategy used by Lundbergh et al. (2003), we apply two different likelihood ratio tests. The results indicate that exports may reverse negative productivity shocks. In particular, for Canada and Germany, exports are able to act as a restriction to an increase in productivity when there are positive shocks.O presente artigo avalia a relação entre exportações e produtividade total dos fatores (PFT) através do modelo de correção de erros não linear MR-STVEC (Multiple Regime Smooth Transition VEC) aplicado a quatro países desenvolvidos (Estados Unidos, Canadá, Japão e Alemanha). OMRSTVEC, assim como os demais da família de modelos de transição suave, exige uma estratégia prévia de identificação. Tomando como base a estratégia de Lundbergh et al. (2003), são aplicados dois diferentes testes de razão de Máxima Verossimilhança. Os resultados indicam que, para todos os casos, as exportações possuem mecanismo de reverter possíveis choques negativos de produtividade. Adicionalmente, para o Canadá e Alemanha, quando há choques positivos da produtividade, as exportações também agem, mas de modo a restringi-los.Universidade de São Paulo, FEA-RP/USP2015-03-19info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ecoa/article/view/10602710.1590/ea.v19i1.106027Economia Aplicada; Vol. 19 No. 1 (2015); 81-107Economia Aplicada; Vol. 19 Núm. 1 (2015); 81-107Economia Aplicada; v. 19 n. 1 (2015); 81-1071980-53301413-8050reponame:Economia Aplicadainstname:Universidade de São Paulo (USP)instacron:USPporhttps://www.revistas.usp.br/ecoa/article/view/106027/104682Copyright (c) 2015 Economia Aplicadainfo:eu-repo/semantics/openAccessFaleiros, João Paulo MartinAlves, Denisard Cneio de Oliveira2020-08-03T15:53:54Zoai:revistas.usp.br:article/106027Revistahttps://www.revistas.usp.br/ecoaPUBhttps://www.revistas.usp.br/ecoa/oai||revecap@usp.br1980-53301413-8050opendoar:2023-09-13T12:17:03.338456Economia Aplicada - Universidade de São Paulo (USP)false
dc.title.none.fl_str_mv Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
Revalidando a relação entre produtividade e exportações através de modelo de correlação de erros não linear: evidências para Estados Unidos, Canadá, Japão e Alemanha
title Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
spellingShingle Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
Faleiros, João Paulo Martin
Exports
Productivity
Nonlinear models.
Exportações
Produtividade
Modelos não lineares.
title_short Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
title_full Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
title_fullStr Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
title_full_unstemmed Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
title_sort Revaluating the relationship between productivity and exports through nonlinear error correction model: empirical evidences for United States, Canada, Japan and Germany
author Faleiros, João Paulo Martin
author_facet Faleiros, João Paulo Martin
Alves, Denisard Cneio de Oliveira
author_role author
author2 Alves, Denisard Cneio de Oliveira
author2_role author
dc.contributor.author.fl_str_mv Faleiros, João Paulo Martin
Alves, Denisard Cneio de Oliveira
dc.subject.por.fl_str_mv Exports
Productivity
Nonlinear models.
Exportações
Produtividade
Modelos não lineares.
topic Exports
Productivity
Nonlinear models.
Exportações
Produtividade
Modelos não lineares.
description The aim of this paper is to evaluate the relationship between exports and productivity using Multiple Regimes Smooth Transition Vector Error- Correction Model (MR-STVEC) for a sample of four developed countries (United States, Canada, Japan and Germany). MR-STVEC models require a previous strategy of identification. Based on the strategy used by Lundbergh et al. (2003), we apply two different likelihood ratio tests. The results indicate that exports may reverse negative productivity shocks. In particular, for Canada and Germany, exports are able to act as a restriction to an increase in productivity when there are positive shocks.
publishDate 2015
dc.date.none.fl_str_mv 2015-03-19
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://www.revistas.usp.br/ecoa/article/view/106027
10.1590/ea.v19i1.106027
url https://www.revistas.usp.br/ecoa/article/view/106027
identifier_str_mv 10.1590/ea.v19i1.106027
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://www.revistas.usp.br/ecoa/article/view/106027/104682
dc.rights.driver.fl_str_mv Copyright (c) 2015 Economia Aplicada
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2015 Economia Aplicada
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade de São Paulo, FEA-RP/USP
publisher.none.fl_str_mv Universidade de São Paulo, FEA-RP/USP
dc.source.none.fl_str_mv Economia Aplicada; Vol. 19 No. 1 (2015); 81-107
Economia Aplicada; Vol. 19 Núm. 1 (2015); 81-107
Economia Aplicada; v. 19 n. 1 (2015); 81-107
1980-5330
1413-8050
reponame:Economia Aplicada
instname:Universidade de São Paulo (USP)
instacron:USP
instname_str Universidade de São Paulo (USP)
instacron_str USP
institution USP
reponame_str Economia Aplicada
collection Economia Aplicada
repository.name.fl_str_mv Economia Aplicada - Universidade de São Paulo (USP)
repository.mail.fl_str_mv ||revecap@usp.br
_version_ 1787713305527189504

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