Clinton R. Shiells, Kenneth A. Reinert, Armington Models and Terms-of-Trade Effects: Some Econometric Evidence for North America, The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 26, No. 2 (May, 1993), pp. 299-316
No takes yet. Share an insight, caveat, or question.
Shiells et al. (1993) studied this question.
Synapse has enriched one closely related paper. Consider it for comparative context: