Please use this identifier to cite or link to this item:
Author: Petala, Panagiota
Title: An empirical examination of the trade balance in Sweden.
Date Issued: 2014
Department: Διατμηματικό Πρόγραμμα Μεταπτυχιακών Σπουδών στη Διοίκηση Επιχειρήσεων
Supervisor: Karfakis, Constantinos
Abstract: This study examines the determinants of trade balance in Sweden in the context of a traditional model which includes the real effective exchange rate and domestic and foreign income levels. The econometric analysis indicates that the trade balance is found to be cointegrated with the other two variables and their relationship appears to be robust. A Vector Error Correction Model (VECM) analysis describes how the short term dynamics are linked to the long term relations, leading the cointegrating relationship to equilibrium. Finally, the study proves that there is no significant bilateral causality between the trade balance of Sweden and the real effective exchange rate.
Keywords: Sweden
Trade balance
Information: Διπλωματική εργασία--Πανεπιστήμιο Μακεδονίας, Θεσσαλονίκη, 2014.
Appears in Collections:ΔΠΜΣ Διοίκηση Επιχειρήσεων (M)

Files in This Item:
File Description SizeFormat 
PetalaPanagiotaMsc2014.pdf765.89 kBAdobe PDFView/Open

Items in Psepheda are protected by copyright, with all rights reserved, unless otherwise indicated.