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This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 period. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there appears to be a structural break in the import demand...
Persistent link: https://www.econbiz.de/10013220385
This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 period. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there appears to be a structural break in the import demand...
Persistent link: https://www.econbiz.de/10014062336
This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there appears to be a structural break in the import demand function...
Persistent link: https://www.econbiz.de/10014103896