The Bilateral USA-Mexico Trade Balances Under Decomposed Export Data

dc.authoridOngan, Serdar/0000-0001-9695-3188
dc.authoridGOCER, ISMET/0000-0001-6050-1745
dc.contributor.authorOngan, Serdar
dc.contributor.authorKaramelikli, Huseyin
dc.contributor.authorDoyran, Mine Aysen
dc.contributor.authorGocer, Ismet
dc.contributor.authorRarick, Charles A.
dc.contributor.authorMellon, John
dc.date.accessioned2024-09-29T15:51:14Z
dc.date.available2024-09-29T15:51:14Z
dc.date.issued2023
dc.departmentKarabük Üniversitesien_US
dc.description.abstractThis study re-formulates and re-examines the traditional bilateral trade balance (TB) concept (ratio) in the USA-Mexico case using a different methodology. This re-examination is constructed on newly formulated decomposed-export-based TBs-namely, domestic-export-based TB and re-export-based TB. Since the undecomposed traditional total-export-based TB is expressed as a total export/import ratio, it may misrepresent the actual nature of bilateral trade of this country with Mexico because the USA also considerably re-exports to Mexico. The main empirical finding confirms the need for using decomposed-export-based TBs in trade models for the USA since the impacts of exchange rate and income on undecomposed and decomposed export-based TBs of the USA are entirely different. For example, while depreciation in the USD improves the re-export-based TB for only 13 commodities, the same change in the USD improves the domestic-export-based TB for 18. Some empirical inferences from findings are as follows: (i) Mexican consumers (MC) with a stronger Peso purchase US domestically produced commodities more than re-exported ones; (ii) MC with a weaker Peso stop purchasing US re-exported commodities more than the US domestically produced ones; (iii) MC are appreciated/depreciated-Peso-sensitive to US domestically produced commodities more than re-exported ones.en_US
dc.identifier.doi10.1007/s10842-023-00401-6
dc.identifier.endpage186en_US
dc.identifier.issn1566-1679
dc.identifier.issn1573-7012
dc.identifier.issue3-4en_US
dc.identifier.scopus2-s2.0-85168705582en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage171en_US
dc.identifier.urihttps://doi.org/10.1007/s10842-023-00401-6
dc.identifier.urihttps://hdl.handle.net/20.500.14619/3961
dc.identifier.volume23en_US
dc.identifier.wosWOS:001060128000002en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofJournal of Industry Competition & Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectTrade balanceen_US
dc.subjectDecomposed trade balanceen_US
dc.subjectUSMCAen_US
dc.subjectNonlinear ARDL approachen_US
dc.subjectF10en_US
dc.subjectF14en_US
dc.titleThe Bilateral USA-Mexico Trade Balances Under Decomposed Export Dataen_US
dc.typeArticleen_US

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