Empirical studies analysing German import demand functions traditionally report implausibly high income and relative low price elasticities. Furthermore, estimation results strongly depend on the observation period. Minor variations in the estimation period typically lead to insignificant price...

Globalization is widely believed to have restricted the freedom of policy makers ? many fear that the forces of a global economy prevent different political parties from making substantially distinctive policy choices. In Partisanship, Globalization, and Canadian Labour Market Policy, Rodney...

This paper analyzes the determinants of German exports to the euro area, which is by far the biggest market for German products. Four conditional error-correction models based on regionally disaggregated data are developed. One specification includes EMU industrial production and a real external...