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Consumption, Import Prices, and the Demand for Imported Consumer Durables: A Structural Econometric Investigation

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Author Info
Clarida, Richard H
Abstract

This paper derives and estimates a rational expectations optimizing model of the demand for imported consumer durable goods. The author is unable to reject the essential empirical implications of the model and obtain sensible estimates of the price and income elasticities of the demand for imported consumer durables. Copyright 1996 by MIT Press.

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Publisher Info
Article provided by MIT Press in its journal Review of Economics & Statistics.

Volume (Year): 78 (1996)
Issue (Month): 3 (August)
Pages: 369-74
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Handle: RePEc:tpr:restat:v:78:y:1996:i:3:p:369-74

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