Globalization has led to huge increases in import volumes, but the literature on import forecasting is still in its … infancy. We introduce the first leading indicator especially constructed for total import growth, the so-called Import Climate …. It builds on the idea that the import demand of the domestic country should be reflected in the expected export …

Globalization has led to huge increases in import volumes, increasing the importance of imports for total output. Since … domestic product. We introduce the first leading indicator constructed to forecast import growth, the Import Climate. It builds … on the idea that the import demand of the domestic country should be reflected in the expected export developments of its …