Consumption, Import Prices, and the Demand for Imported Consumer Durables: A Structural Econometric Investigation

Richard Clarida

The Review of Economics and Statistics, 1996, vol. 78, issue 3, 369-74

Abstract: 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.

Date: 1996
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