The origins of forecasting can be traced back to the beginning of human civilization with attempts to predict the weather, although forecasting as a field first appeared in the 1940s and attracted more followers from the ...

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 ...

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 ...