This distinctive book sets forth, on an advanced level, various methods for the quantitative measurement of important relationships at issue in areas of the balance of payments and international trade and welfare

Edward E. Leamer, Robert M. Stern

1: Introduction; I: Part I: The Balance of Payments; 2: Time-Series Estimation of Import and Export Demand Relationships; 3: Theory and Measurement of the Elasticity of Substitution in International Trade; 4: The Estimation of International Capital Movements; 5: Forecasting and Policy Analysis with Econometric Models; II: International Trade and Welfare; 6: Theory and Measurementof Trade Dependenceand Interdependence; 7: ; 8: Estimating the Welfare Effects of Trade Liberalization