The relativistic amplitudes of pion photoproduction are evaluated by
dispersion relations at t=const. The imaginary parts of the amplitudes are
taken from the MAID model covering the absorption spectrum up to center-of-mass
energies W = 2.2 GeV. For sub-threshold kinematics the amplitudes are expanded
in powers of the two independent variables \nu and t related to energy and
momentum transfer. Subtracting the loop corrections from this power series
allows one to determine the counter terms of covariant baryon chiral
perturbation theory. The proposed continuation of the amplitudes into the
unphysical region provides a unique framework to derive the low-energy
constants to any given order as well as an estimate of the higher order terms
by global properties of the absorption spectrum.Comment: 13 pages, 6 figures, 5 table