The Bilateral USA-Mexico Trade Balances Under Decomposed Export Data
dc.authorid | Ongan, Serdar/0000-0001-9695-3188 | |
dc.authorid | GOCER, ISMET/0000-0001-6050-1745 | |
dc.contributor.author | Ongan, Serdar | |
dc.contributor.author | Karamelikli, Huseyin | |
dc.contributor.author | Doyran, Mine Aysen | |
dc.contributor.author | Gocer, Ismet | |
dc.contributor.author | Rarick, Charles A. | |
dc.contributor.author | Mellon, John | |
dc.date.accessioned | 2024-09-29T15:51:14Z | |
dc.date.available | 2024-09-29T15:51:14Z | |
dc.date.issued | 2023 | |
dc.department | Karabük Üniversitesi | en_US |
dc.description.abstract | This 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.doi | 10.1007/s10842-023-00401-6 | |
dc.identifier.endpage | 186 | en_US |
dc.identifier.issn | 1566-1679 | |
dc.identifier.issn | 1573-7012 | |
dc.identifier.issue | 3-4 | en_US |
dc.identifier.scopus | 2-s2.0-85168705582 | en_US |
dc.identifier.scopusquality | Q2 | en_US |
dc.identifier.startpage | 171 | en_US |
dc.identifier.uri | https://doi.org/10.1007/s10842-023-00401-6 | |
dc.identifier.uri | https://hdl.handle.net/20.500.14619/3961 | |
dc.identifier.volume | 23 | en_US |
dc.identifier.wos | WOS:001060128000002 | en_US |
dc.identifier.wosquality | Q4 | en_US |
dc.indekslendigikaynak | Web of Science | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.publisher | Springer | en_US |
dc.relation.ispartof | Journal of Industry Competition & Trade | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Trade balance | en_US |
dc.subject | Decomposed trade balance | en_US |
dc.subject | USMCA | en_US |
dc.subject | Nonlinear ARDL approach | en_US |
dc.subject | F10 | en_US |
dc.subject | F14 | en_US |
dc.title | The Bilateral USA-Mexico Trade Balances Under Decomposed Export Data | en_US |
dc.type | Article | en_US |