Bahmani-Oskooee, Mohsen; Ratha, Artatrana - In: Empirical Economics 35 (2008) 1, pp. 141-152
trade balance resembles the letter S and labeled it the S-curve. Support for S-curve is rather weak in some cases, most … potential bias stemming from aggregation. Indeed, by employing US bilateral trade data excellent support for the S-curve is … employ US–UK trade data at the industry level and find overwhelming support for the S-curve. Furthermore, commodity …