Modelling NIE exports: Aggregation, quantitative restrictions and choice of econometric methodology
作者： Prema‐Chandra Athukorala , James Riedel
DOI: 10.1080/00220389608422454
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摘要: The current debate regarding the robustness of estimates export demand and supply elasticities for NIEs is examined by modelling manufactured exports from Korea. results suggest that normalisation function price rather than quantity an important issue in estimating functions small countries, at high levels aggregation are subject to potentially powerful biases, when aggregate consists categories which quantitative restrictions. If proper procedures followed, it likely country assumption will find far more empirical support has hitherto.
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