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Estimating Trade Elasticities
Jaime Marquez
€ 130.55
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Description for Estimating Trade Elasticities
Hardback. One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory. This book offers one practical approach to deal with this tension. Series: Advanced Studies in Theoretical and Applied Econometrics. Num Pages: 147 pages, biography. BIC Classification: 1F; 1KBB; KCH. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 156 x 9. Weight in Grams: 393.
One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory or models that fit the theory but contradict certain aspects of the data. The essays in Estimating Trade Elasticities book offer one practical approach to deal with this tension. The analysis starts with the practical implications of optimising behaviour for estimation and it follows with a re-examination of the puzzling income elasticity for US imports that three decades of ... Read more
One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory or models that fit the theory but contradict certain aspects of the data. The essays in Estimating Trade Elasticities book offer one practical approach to deal with this tension. The analysis starts with the practical implications of optimising behaviour for estimation and it follows with a re-examination of the puzzling income elasticity for US imports that three decades of ... Read more
Product Details
Format
Hardback
Publication date
2002
Publisher
Kluwer Academic Publishers United States
Number of pages
147
Condition
New
Series
Advanced Studies in Theoretical and Applied Econometrics
Number of Pages
138
Place of Publication
New York, NY, United States
ISBN
9781402071591
SKU
V9781402071591
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Jaime Marquez
Jaime Marquez received his PhD in Economics from the University of Pennsylvania in 1983. Since then, he has been a staff economist of the Federal Reserve Board. He also serves as a professorial lecturer at the School of Advanced International Studies of Johns Hopkins University.
Reviews for Estimating Trade Elasticities
From the reviews: "All in all, Marquez's book is a remarkable and thought-provoking contribution to the literature. Like all of his earlier work, it is very carefully and professionally done. It illustrates some of the conflicts that applied researchers must deal with, and it paves the way to a number of innovative and imaginative solutions. Marquez does ... Read more