Anderton, Bob; Baltagi, Badi H.; Skudelny, Frauke; … - 2005
The aim of this paper is to improve our understanding of the key determinants of intra- and extra-euro area imports … of the euro area, we estimate intra- and extra-euro area import demand functions and impose various restrictions within … volatility and leads to substitution of trade away from higher-volatility regions towards lower-volatility regions …