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A note on the estimation of import trade demand functions

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  • Giansoldati, Marco
  • Gregori, Tullio

Abstract

This paper compares six alternative methods of computing the import demand function. We use a sample of 33 countries from 1995:1 to 2016:3 and brand new information on import contents made available by WIOD. Preferred models take into account the separate effects of each final demand component. Contrary to some recent studies, we observe that private expenditure is the main driver of import variations.

Suggested Citation

  • Giansoldati, Marco & Gregori, Tullio, 2017. "A note on the estimation of import trade demand functions," Economics Letters, Elsevier, vol. 157(C), pages 133-135.
    • Handle: RePEc:eee:ecolet:v:157:y:2017:i:c:p:133-135
    DOI: 10.1016/j.econlet.2017.06.012
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    References listed on IDEAS

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    1. Marcel P. Timmer & Erik Dietzenbacher & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2015. "An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 575-605, August.
    2. Abdelhak Senhadji, 1998. "Time-Series Estimation of Structural Import Demand Equations: A Cross-Country Analysis," IMF Staff Papers, Palgrave Macmillan, vol. 45(2), pages 236-268, June.
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    5. Matthieu Bussière & Giovanni Callegari & Fabio Ghironi & Giulia Sestieri & Norihiko Yamano, 2013. "Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-2009," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(3), pages 118-151, July.
    6. Xu, Xinpeng, 2002. "The dynamic-optimizing approach to import demand: a structural model," Economics Letters, Elsevier, vol. 74(2), pages 265-270, January.
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    Cited by:

    1. Ioanna Konstantakopoulou, 2020. "Further Evidence on Import Demand Function and Income Inequality," Economies, MDPI, vol. 8(4), pages 1-12, October.
    2. Bruno T. Rocha, 2026. "A note on measures of aggregate demand adjusted for import intensity," Empirical Economics, Springer, vol. 70(2), pages 1-11, February.
    3. Cícero, Vinicius Curti & Lima, Gilberto Tadeu, 2023. "Functional distribution of income as a determinant of importing behavior: An empirical analysis," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 393-405.

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    Keywords

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    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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