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 language | English |
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Pages (from-to) | 265-270 |
Number of pages | 6 |
Journal | Economics Letters |
Volume | 74 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Jan 2002 |
Keywords
- Import demand
- Intertemporal optimization
ASJC Scopus subject areas
- Finance
- Economics and Econometrics