This paper compares six alternative methods of computing the import demand function. We use a sample of 33 countries from 1995:1 to 2016:3 and brand new information on import contents made available by WIOD. Preferred models take into account the separate effects of each final demand component. Contrary to some recent studies, we observe that private expenditure is the main driver of import variations.
A note on the estimation of import trade demand functions
GIANSOLDATI, MARCO;GREGORI, TULLIO
2017-01-01
Abstract
This paper compares six alternative methods of computing the import demand function. We use a sample of 33 countries from 1995:1 to 2016:3 and brand new information on import contents made available by WIOD. Preferred models take into account the separate effects of each final demand component. Contrary to some recent studies, we observe that private expenditure is the main driver of import variations.File in questo prodotto:
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