A cross-country analysis of export prices in OECD countries

Article


Valadkhani, Abbas and Layton, Allan P.. 2006. "A cross-country analysis of export prices in OECD countries." Economic Papers: a journal of applied economics and policy. 25 (4), pp. 331-346. https://doi.org/10.1111/j.1759-3441.2006.tb00406.x
Article Title

A cross-country analysis of export prices in OECD countries

ERA Journal ID18207
Article CategoryArticle
AuthorsValadkhani, Abbas and Layton, Allan P.
Journal TitleEconomic Papers: a journal of applied economics and policy
Journal Citation25 (4), pp. 331-346
Number of Pages16
Year2006
PublisherJohn Wiley & Sons
Place of PublicationAustralia
ISSN0812-0439
1759-3441
Digital Object Identifier (DOI)https://doi.org/10.1111/j.1759-3441.2006.tb00406.x
Web Address (URL)https://onlinelibrary.wiley.com/doi/10.1111/j.1759-3441.2006.tb00406.x
Abstract

This article distinguishes the extent to which export price variation consists of global versus country-specific changes for fourteen OECD countries. We find that sharp changes in global export prices are evidently becoming more important for many of the OECD countries over the last twenty-five years as compared with the previous twenty-five year period. The article also finds that, by a number of different measures, whilst Australia's export price growth has apparently become more highly associated with world export prices in recent years, it nonetheless continues to have one of the more volatile set of export prices among OECD countries.

KeywordsAustralian economy; Capital Asset Pricing Model; Export prices
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Byline AffiliationsUniversity of Wollongong
School of Business
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