A Two-Regime Model of Exports: U.K. Manufactures, 1980–1996

Alan King ()

Open Economies Review, 2001, vol. 12, issue 1, 75-94

Abstract: Practically all existing studies of British export performance either model export supply in an ad hoc manner without accounting for any interaction between it and export demand and/or impose a simplifying homogeneity assumption on the firms being modeled. In this article, a new two-regime model, which addresses both issues, is described and applied to U.K. manufactured exports. The results obtained are supportive of the model and are in a number of respects better than those obtained when a more traditional export model is used instead. Copyright Kluwer Academic Publishers 2001

Keywords: exports; disequilibrium model; United Kingdom; two-regime (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1023/A:1026511127213

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