Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the … fluctuation of the growth rate of trade balance is derived. These are the novel features of our model. The export price equation … and export volume equation are estimated for several Asian countries for the sample period of 1981 to 1996. Results are …

economies that export goods to the U.S., Japan, and neighboring countries. The optimality of the exchange rate regime is defined …

export market. We introduce time and risk into the fixed-variable cost tradeoff central to general equilibrium heterogeneous … the tendency of new exporters to export on a small scale, to have low survival rates, and to take time to grow into large … variable export costs, and tariff reforms generate time-varying trade elasticities. We show that the gains from reducing …