Consumption, Import Prices, and the Demand for Imported Consumer Durables: A Structural Econometric Investigation
构建并估计了一个理性预期优化模型,分析进口耐用消费品的需求,发现模型的经验含义无法被拒绝,并得到了合理的价格和收入弹性估计。
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.