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From Demand Equations to Two Regimes: The Theoretical Development of Export Models

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  • King, Alan

Abstract

Over the last 50 years or so, a great deal of attention has been paid to the estimation of time series models of foreign trade flows--especially those relating to the volume of trade in imperfectly substitutable goods between one country and the rest of the world. In this time, the models employed have evolved from relatively simple demand equations through to more complex simultaneous-equation and two-regime approaches. The aim of this paper is to survey the developments that have been made and suggest some directions for future research by highlighting the weaknesses of the approaches currently available. Copyright 1997 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Suggested Citation

  • King, Alan, 1997. "From Demand Equations to Two Regimes: The Theoretical Development of Export Models," Bulletin of Economic Research, Wiley Blackwell, vol. 49(2), pages 81-125, April.
    • Handle: RePEc:bla:buecrs:v:49:y:1997:i:2:p:81-125
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    Cited by:

    1. Güzin Bayar, 2018. "Estimating export equations: a survey of the literature," Empirical Economics, Springer, vol. 54(2), pages 629-672, March.
    2. Güzin Bayar, 2022. "Turkey's sectoral exports: A competitiveness approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 2268-2289, April.

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