Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/46684 
Erscheinungsjahr: 
1978
Quellenangabe: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1978
Schriftenreihe/Nr.: 
Kiel Working Paper No. 84
Verlag: 
Kiel Institute of World Economics (IfW), Kiel
Zusammenfassung: 
This study develops a practical supply and demand model of bilateral trade flows. The model is constructed in two tiers. First, aggregate import demand and aggregate export supply are determined from aggregate economic relations that contain real income (output) and relative prices. Second, bilateral import demand and bilateral export supply are determined from theory-based allocation relations. By differentiating import prices from export prices, the analysis incorporates international transportation costs and tariffs. The result is a simultaneous system that determines bilateral trade flows and bilateral prices given country incomes, domestic price levels and international transmission factors. The model in dynamic form is estimated from a panel of bilateral trade flows for five major OECD countries (United States, Japan, France, West Germany, United Kingdom) for the years 1958-1971. The model has many applications, e.g. in the analyses of the impacts on trade flows of differential economic growth rates and tariff policies. These policy aspects figure prominently in the current discussions among the major OECD countries.
Dokumentart: 
Working Paper
Dokumentversion: 
Digitized Version

Datei(en):
Datei
Größe
1.6 MB





Publikationen in EconStor sind urheberrechtlich geschützt.