Cermeño, Rodolfo; Jensen, Bjamin S.; Rivera, Huver - Centro de Investigación y Docencia Económicas (CIDE) - 2010
In this paper we investigate the effects of volatility of the fundamental determinants of trade on trade flows in Mexico during the period 1991-2008. Our import and export functions are based on the well known imperfect substitute goods model of trade. We focus on the effects on imports and...