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Estimates Of The Elasticities Of Substitution Between Imports And Home Goods For The United States
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Book Synopsis Estimates of the Elasticities of Substitution Between Imports and Home Goods for the United States by : Clinton R. Shiells
Download or read book Estimates of the Elasticities of Substitution Between Imports and Home Goods for the United States written by Clinton R. Shiells and published by . This book was released on 1988 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the two-stage budgeting approach in Deaton and Muellbauer (1980) and Deardorff and Stern (1986), the econometric estimates of import-demand elasticities in Shiells, Stern, and Deardorff (1986) were done holding within-group expenditure constant. Based on this assu;mption, the correct way to compute the rate at which imports displace the competing home good following the imposition of a tariff is to infer the cross-price elasticity of home-good demand from estimated import-demand elasticities using the group budget constraint. Employing this method, we show below that the increase in spending on home goods implied by our estimates must be less than the dollor-for-dollar assumption would imply. Rousslang's comparison of our estimates with the dollor-for dollar approach is based on the mistaken assumption that our estimates were obtained holding total expenditure, rather than within-group expenditure, constant.
Book Synopsis Estimates of the Elasticities of Substitution Between Imports and Home Goods for the United States by : Clinton R. Shiells
Download or read book Estimates of the Elasticities of Substitution Between Imports and Home Goods for the United States written by Clinton R. Shiells and published by . This book was released on 1983 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimates of the Elasticities of Substitution Between Imports and Home Goods for the United States by : Clinton R. Shiells
Download or read book Estimates of the Elasticities of Substitution Between Imports and Home Goods for the United States written by Clinton R. Shiells and published by . This book was released on 1985 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimated Elasticities of Substitution for Analysis of a North American Free Trade Area by : Kenneth A. Reinert
Download or read book Estimated Elasticities of Substitution for Analysis of a North American Free Trade Area written by Kenneth A. Reinert and published by . This book was released on 1992 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimates of the Elasticity of Substitution Between Imported and Domestically Produced Goods in New Zealand by : Andrew James Comber
Download or read book Estimates of the Elasticity of Substitution Between Imported and Domestically Produced Goods in New Zealand written by Andrew James Comber and published by . This book was released on 1995 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating Trade Elasticities by : Jaime Marquez
Download or read book Estimating Trade Elasticities written by Jaime Marquez and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory or models that fit the theory but contradict certain aspects of the data. The essays in Estimating Trade Elasticities book offer one practical approach to deal with this tension. The analysis starts with the practical implications of optimising behaviour for estimation and it follows with a re-examination of the puzzling income elasticity for US imports that three decades of studies have not resolved. The analysis then turns to the study of the role of income and prices in determining the expansion in Asian trade, a study largely neglected in fifty years of research. With the new estimates of trade elasticities, the book examines how they assist in restoring the consistency between elasticity estimates and the world trade identity.
Book Synopsis Expert Witnesses by : Faust F. Rossi
Download or read book Expert Witnesses written by Faust F. Rossi and published by American Bar Association. This book was released on 1991 with total page 1040 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book USITC Publication written by and published by . This book was released on with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economic Effects of Significant U.S. Import Restraints by :
Download or read book The Economic Effects of Significant U.S. Import Restraints written by and published by . This book was released on 1989 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Computable General Equilibrium Modeling by : Peter B. Dixon
Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-01-08 with total page 1886 pages. Available in PDF, EPUB and Kindle. Book excerpt: Top scholars synthesize and analyze scholarship on this widely used tool of policy analysis in 27 articles, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top U.S. graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy
Book Synopsis Constraints and Compromises by : Orit Frenkel
Download or read book Constraints and Compromises written by Orit Frenkel and published by Routledge. This book was released on 2017-10-05 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The negotiation of the Free Trade Area between the US and Israel was, at the time, a remarkable political accomplishment, and is a useful case study because it includes all of the industrial and agricultural sectors, thus spanning the full spectrum of issues that would be dealt with in negotiations. In addition, it has the advantage of involving just two countries and lasting only fifteen months from start to finish, facilitating a comprehensive analysis. This book, first published in 1990, provides a valuable analysis of this vital case study of an FTA from commencement to completion.
Book Synopsis Annual Report of the United States Department of Labor by : United States. Dept. of Labor
Download or read book Annual Report of the United States Department of Labor written by United States. Dept. of Labor and published by . This book was released on 1986 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Modeling Developing Countries' Policies In General Equilibrium by : Jaime De Melo
Download or read book Modeling Developing Countries' Policies In General Equilibrium written by Jaime De Melo and published by World Scientific. This book was released on 2015-02-26 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policies affecting resource allocation across tradable sectors and those affecting the incentives to produce tradable activities are key determinants of macroeconomic balance and growth. Computable general equilibrium models have made significant contributions to both types of policies. With advancements in computing power and software, these models have become easy to implement and are now widespread. The question then is when and how to formulate them to avoid the ‘black box’ syndrome.This book seeks to address these issues through carefully selected essays that analyse how to model general equilibrium linkages in a single economy, across developing and developed economies, and across both micro and macro policies. Micro policies examined include tariffs quotas and VERs, the choice of taxes to maximize government revenue, migration and remittances, and the political economy of tariff setting. Applications on macro policies cover capital inflows, real exchange rate determination, and the modeling of the effects of adjustment policies on income distribution.The book provides insights on the development of a family of models for diverse policy choices, focusing on the ways to model the following: links between tradable and non-tradable activities, labor markets, and portfolio choices given limited capital mobility. Selected essays are all inspired by specific policy problems, including the adaptation to external shocks (i.e. oil), consequences of capital inflows, determinants of migration and associated remittances, the productivity of foreign aid, and rent-seeking activities under trade regimes with non-price trade restrictions. Examples in this book lay out the theoretical foundations, alongside a variety of applications, to help formulate coherent and transparent models for policy analysis. Archetype economies are extensively used to show how differences in economic structure influence the effects of policies. Graduate students and policy analysts interested in modeling will find this a useful compendium of studies.
Book Synopsis The USDA/ERS Computable General Equilibrium (CGE) Model of the United States by : Sherman Robinson
Download or read book The USDA/ERS Computable General Equilibrium (CGE) Model of the United States written by Sherman Robinson and published by . This book was released on 1990 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Applied Economics and Public Policy by : Iain Begg
Download or read book Applied Economics and Public Policy written by Iain Begg and published by Cambridge University Press. This book was released on 1998-03-28 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied economics is both an art and a science. It requires a sound knowledge of economic theory, statistical techniques and data sources, together with an appreciation that behavioural changes can alter apparently established economic relationships. In this book leading economists illustrate the diversity of the subject, and present a series of studies that demonstrate a range of techniques and their applications to economic policy. It contains chapters which explore approaches to macroeconomic modelling analyses of corporate performance, new estimates of the evolution of incomes in the UK since the eighteenth century and assessments of the role of applied economics in guiding macroeconomic policy. All the chapters were specially commissioned to mark the fiftieth anniversary of the Department of Applied Economics at the University of Cambridge, and the contributions to the book are a fitting tribute to the work instigated by Sir Richard Stone and carried forward by his successors.
Book Synopsis Facing the Development Challenge in Mozambique by : Finn Tarp
Download or read book Facing the Development Challenge in Mozambique written by Finn Tarp and published by Intl Food Policy Res Inst. This book was released on 2002-01-01 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study responds to some of Mozambique's basic development challenges and provides qualitative and quantitative insights for policymaking from an economywide perspective. The report highlights the importance of agricultural development showing agriculture's large sectoral multiplier effects and that applying scarce capital to agriculture is generally more effective than applying it to industry and services. A novel CGE model is developed and used in a series of analyses focused on the impact and design of economic policy. Issues addressed are aid dependency, biases in price incentives facing the agriculture sector, improvement in agricultural technology and marketing margins, risk-reducing behavior and gender roles in agricultural production, and food aid distribution. The study also provides a future perspective and analyzes the Mozambican economy using dynamic macroeconomic modeling techniques, demonstrating that sophisticated analytical tools can be of significant value, even in "data-poor" situations.
Book Synopsis International Business in a VUCA World by : Rob van Tulder
Download or read book International Business in a VUCA World written by Rob van Tulder and published by Emerald Group Publishing. This book was released on 2019-10-21 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dedicated to Professor Peter Buckley, OBE, this volume of Progress in International Business Research explores the new challenges for MNEs, SMEs (small and medium sized enterprises) and INVs (International New Ventures) emerging from this changing and increasingly unpredictable political, economic, social and technological VUCA world.
