Comments on “ Income and Price Elasticities of Croatian Trade - A Panel Data Approach ” Bobić Vida. by Saša Žiković. Motivation. Croatia’s current account deficit is for the most part a consequence of a large deficit in merchandise trade.
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by Saša Žiković
Model: dynamic panel data method – estimation via GMM
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This is a solid econometric exercise but...
Some of the variables that are omitted but should be checked: