Franz, Wolfgang; Heidbrink, Gustav W.; Scheremet, Wolfgang - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 1990
bilateral trade flows of the FRG with five EC-countries and the USA. Our estimation results show a significant influence on … econometric set-up emphasizes the importance of international trade flows within a disequilibrium framework. In these models … international trade is influenced by supply and demand constraints on national goods markets. More specially, imports lower national …