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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 …
Persistent link: https://www.econbiz.de/10012471508
U.S.-owned manufacturing affiliates in foreign countries tended to become more export-oriented between 1966 and 1977 … affiliate activities in almost all cases. The most export-oriented were subsidiaries in machinery industries in Southeast Asia …, however, and high rates of affiliate export growth were associated with rapid growth of host country GDP and exports …
Persistent link: https://www.econbiz.de/10012478068
assumptions have until very recently usually been made about it. We refer to the relation of exchange rate changes, export prices … in the exchange rate might also alter the relationship between the export price and the domestic price of a given product …
Persistent link: https://www.econbiz.de/10012478947
construction of trade models that a country's export price for a particular product is identical to its domestic price. Any impact … of foreign or domestic events on prices is expected to fall identically on the export and the domestic price for a good … are fairly substantial and long-lasting divergences between export and domestic price changes for the same or closely …
Persistent link: https://www.econbiz.de/10012478953
It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an excessively small share of yen invoicing: First, a strong...
Persistent link: https://www.econbiz.de/10012462424
economies that export goods to the U.S., Japan, and neighboring countries. The optimality of the exchange rate regime is defined …
Persistent link: https://www.econbiz.de/10012470729