haku: @author Brown, D. K. / yhteensä: 2
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Tekijä: | Brown, D. K. |
Otsikko: | Market structure, the exchange rate and pricing behaviour by firms: some evidence from computable general equilibrium trade models |
Lehti: | Weltwirtschaftliches Archiv
1989 : VOL. 125:3, p. 441-463 |
Asiasana: | MARKET STRUCTURE EXCHANGE RATES PRICING EQUILIBRIUM ANALYSIS |
Kieli: | eng |
Tiivistelmä: | The paper uses a static Cournot model to demonstrate that an exchange rate change will have general equilibrium effects likely to give rise - in presence of tariffs or transportation costs - to pricing to market (the opposite of the law of one price). The theory is tested on a four region, 29 sector model. |
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