Belke, Ansgar; Wagemester, Jan - In: CESifo economic studies : CESifo, a joint initiative of … 63 (2017) 3, pp. 270-294
constraints as additional variables for export equations. We apply the exponential and logistic variant of a smooth transition … most clearly be found for France, Greece, and Ireland (exponential smooth transition regression (ESTR) model) and France …, Portugal, and Italy (logistic smooth transition regression (LSTR) model), providing evidence of the importance of sunk costs …