This paper proposes a rigorous framework for the incorporation of char acteristics in estimating U.S. import-demand functions by regions of origin. Assuming a CES aggregator function, the authors derive an imp ort-share equation that is identical for all regions. The results ind icate that the U.S. import share of a foreign region is positively re lated to that region's economic size, labor intensity, labor efficien cy, and proximity to the United States. Copyright 1988 by WWZ and Helbing & Lichtenhahn Verlag AG
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Article provided by Blackwell Publishing in its journal Kyklos.
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