To explain the perplexing issue of why Taiwan's trade imbalance with the US has persisted despite the depreciation of the dollar, we estimate a four equation model to determine the direct pass-through (DPT) and indirect cost adjustment (ICA) effects of exchange rate changes on Taiwan's export...

This paper provides an econometric analysis of the effects of cigarette price and advertising changes stemming from the United States Tobacco Settlement of 1998. This is done by estimation of a demand function for cigarettes, based on data from both before and after the Settlement. The model is...