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 0165-1765Full text not available from this repository.
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.
|Journal or Publication Title:||Economics Letters|
|Subjects:||H Social Sciences > HB Economic Theory|
|Departments:||Lancaster University Management School > Economics|
|Deposited On:||19 Jul 2012 16:40|
|Last Modified:||07 Jan 2015 17:37|
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