Resumen de Econometric models of foreign trade in OECD countries
María del Carmen Guisán Seijas, María Teresa Cancelo Márquez
This article presents some econometric models which take into account both supply and demand sides as determinants of real Exports, including the important relationships existing between industrial development and external trade. The models focus on the positive role human capital plays in reducing external debt by fostering the evolution of exports and allowing the increase of imports necessary for industrial development. The analysis is performed with data of 25 OECD countries during the period 1960- 97.
