On errors in variable biases in estimates of export price elasticities

Authors
Madsen, JB
Citation
Jb. Madsen, On errors in variable biases in estimates of export price elasticities, ECON LETT, 63(3), 1999, pp. 313-319
Citations number
7
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
63
Issue
3
Year of publication
1999
Pages
313 - 319
Database
ISI
SICI code
0165-1765(199906)63:3<313:OEIVBI>2.0.ZU;2-L
Abstract
The literature has long suggested that estimates of export price elasticiti es are biased toward -1. This paper demonstrates that they are either unbia sed or biased towards zero, depending on estimation method. (C) 1999 Elsevi er Science S.A. All rights reserved.