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Practically all existing studies of British export performance either model export supply in an ad hoc manner without accounting for any interaction between it and export demand and/or impose a simplifying homogeneity assumption on the firms being modeled. In this article, a new two-regime...
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In the absence of any theoretical guidance, a solution to the question of what is the appropriate functional form for an import demand model can only be found empirically. Examines this question in the context of UK motor vehicle imports by applying a range of tests of functional form to two,...
Persistent link: https://www.econbiz.de/10004987091
In the absence of any theoretical guidance, a solution to the question of what is the appropriate functional form for an import demand model can only be found empirically. Examines this question in the context of UK motor vehicle imports by applying a range of tests of functional form to two,...
Persistent link: https://www.econbiz.de/10014863429