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 …

It has been suggested that countries which export in especially risky sectors will experience higher output volatility …. This paper develops a measure of the riskiness of a country's pattern of export specialization, and illustrates its … countries whose comparative advantage in the risky sectors is not too strong will diversify their export structure to insure …

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

-sum transfers are not necessarily superior to distortionary trade policy. We develop this argument in the context of food export …