Janevska Stefanova, Dijana; Petrovska, Magdalena - In: Journal of contemporary economic and business issues 6 (2019) 2, pp. 5-19
estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors … neither imports, nor exports serve as perfect substitutes for domestic goods. Moreover, our import and export functions along … tariffs on imports. To this end, we were able to obtain theory-implied estimates of import and export income and price …