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Estimates of a traditional aggregate import demand model for five countries

Assery, A. and Peel, David (1991) Estimates of a traditional aggregate import demand model for five countries. Economics Letters, 35 (4). pp. 435-439. ISSN 0165-1765

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Abstract

In this paper, we show for five advanced economics that if the variables in the aggregateImportdemand relationship are best described as non-stationary Integrated process, then the traditionalestimates of the income and price elasticity will be subject to substantial upward bias.

Item Type: Article
Journal or Publication Title: Economics Letters
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Economics
ID Code: 55952
Deposited By: ep_importer_pure
Deposited On: 19 Jul 2012 16:40
Refereed?: Yes
Published?: Published
Last Modified: 09 Apr 2014 23:50
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/55952

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