The key variables in international trade policy are imports and exports elasticities with respect to income and prices. Thus their estimation has drawn~particular attention in the post war period. Most of the studies ...

The testing of various explanations of international trade patterns always arouses a good share of academic interest. Unfortunately, due to imperfections embodied in the testing processes and due to imperfect data, the ...

Governments are expected to subsidy activities that would improve environmental conditions. In this respect, subsidies promoting the spread of new environment friendly technology are in effect in most parts of the world. ...

This paper presents four consumer demand models. The Rotterdam, the Linear Expenditure, the Indirect Addilog and the Translogarithmic. In the first part their derivation and theoretical properties are outlined. Afterwards ...