However, around 10 regions registered an unfavorable trade balance
during the third quarter of 2017.
The objective of this paper is to address this gap in the existing literature by examining in a multivariate context the influence of both the exchange rate and structural factors on China's trade balance.
The next section contains a selective review of the empirical studies that have examined the sensitivity of China's trade balance to movements in the real effective exchange rate of the renminbi.
The results also indicate the presence of contemporaneous correlation in the residuals; that is, cross (or between) dependence in exports, imports and trade balances
As for import prices and trade balances
, pass-through was found to be more significant and nearly complete by twelve months.
They further observe that positive trade balances
lower the critical economies of scale value necessary for permitting a domestic merger; that is, when domestic mergers result in enhanced international rents, then fewer merger synergies are required for home nation welfare enhancement.
Indeed, evidence supporting the reverse proposition that innovations to the trade balance
are a major factor determining the government budget surplus is more robust to changes in orderings and measures of the budget and trade balances
This paper reexamines the effectiveness of devaluation in trade balance
The analysis of the opening of furniture markets covers the past eight years, with data on trade balance
, imports/consumption and exports/production ratio.
In particular and thanks to their property of measuring the degree of disequilibrium among trade flows, the normalized trade balances
are also used to evaluate the relative intensity of interindustry versus intraindustry trade specialization: the more such balances approach zero, the more exports tend to equal imports of the same product and the more one can claim to be in the presence of sizeable intraindustry trade phenomena [Balassa, 1966].
world trade balance
in electronics products and services was a negative $11.