The Geographical Composition of Swiss Foreign Trade: A Semiflexible Approach

Ulrich Kohli

Swiss Journal of Economics and Statistics (SJES), 1998, vol. 134, issue I, 41-62

Abstract: This paper models the geographical composition of Swiss foreign trade. Imports and exports are disaggregated into nine regions which together cover the entire OECD area. Given the large size of the model, the use of a flexible functional form is problematic. An attractive alternative is provided by semiflexible functional forms. These allow for large savings in terms of the number of parameters, and yet they are still able, under certain conditions, to provide a second-order approximation to an arbitrary aggregator function. Our results show that there are significant substitution - but also complementarity - relationships in Swiss foreign trade.

Date: 1998
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sjes.ch/papers/1998-I-3.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ses:arsjes:1998-i-3

Access Statistics for this article

Swiss Journal of Economics and Statistics (SJES) is currently edited by Marius Brülhart

More articles in Swiss Journal of Economics and Statistics (SJES) from Swiss Society of Economics and Statistics (SSES) Contact information at EDIRC.
Bibliographic data for series maintained by Kurt Schmidheiny ().