The demand for imports and exports in the U.S.: A survey |
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Authors: | W. Charles Sawyer Richard L. Sprinkle |
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Affiliation: | 1. The University of Southern Mississippi, 39406, Hattiesburg, MS 2. The University of Texas at El Paso, 79968, El Paso, TX
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Abstract: | One of the more important issues in applied international economics is the extent to which trade flows adjust to changes in income, relative prices, and exchange rates. In this paper, the literature on the empirical estimation of the demand for imports and exports for the U.S. is surveyed. More precisely, this paper updates earlier surveys by Stern, Francis, and Schumacher (1976) and Goldstein and Khan (1985). |
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