The dynamic-optimizing approach to import demand: A structural model

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22 Citations (Scopus)

Abstract

The conventional import demand equations are generally regarded as static. And its empirical specifications are often criticized as ad hoc. This paper derives a tractable structural import demand equation from the dynamic-optimizing intertemporal approach.
Original languageEnglish
Pages (from-to)265-270
Number of pages6
JournalEconomics Letters
Volume74
Issue number2
DOIs
Publication statusPublished - 1 Jan 2002

Keywords

  • Import demand
  • Intertemporal optimization

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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