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On a two regime model of the Dutch export market

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Summary

About a decade ago Batchelor presented an interesting model for the export market of UK industry in the period 1948–1975. In this paper a corrected version of Batchelor's model is used to explain Dutch exports from 1962 to 1981. The results are compared with straightforward alternatives to obtain an indication of the relevance of the model in practice. Our conclusion is that the model does not explain exports behaviour better than simple alternatives. For some variables even implausible elasticities are obtained.

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Authors and Affiliations

  1. Department of Economics, University of Groningen, Groningen

    G. Joosten

Authors
  1. S. Brakman
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  2. G. Joosten
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Additional information

The authors gratefully acknowledge the computational assistance of Mr. R. van Dal and the valuable comments of Mr. D.A.G. Draper from the CPB, Professor J. Pen and two anonymous referees.

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Brakman, S., Joosten, G. On a two regime model of the Dutch export market. De Economist 135, 279–297 (1987). https://doi.org/10.1007/BF01297311

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  • DOI: https://doi.org/10.1007/BF01297311

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