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Armington elasticities of substitution – AEs – are a crucial set of parameters that allows CGEMs applied to trade to be operational. In the case of Uruguay, no estimated values for these parameters have been available until now, forcing researchers to impose them arbitrarily. We here start...
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This paper has provided a model that shows China's manufacturing growth impact on Iran manufacturing sector. Our model includes as a special case of bias growth theory in international trade, the biased growth theory has intended to growth in the rest of the word good or bad for our country. In...
Persistent link: https://www.econbiz.de/10014079943
The trade relations between India and China have been intensified since 2001. The aim of this paper is to examine the effects of tariff reduction by India and China on bilateral imports in light and heavy manufacturing sectors. The results are evaluated in terms of welfare, output, employment...
Persistent link: https://www.econbiz.de/10014090616
Despite the rapid development of economic interaction between the People’s Republic of China (PRC) and Latin American and Caribbean (LAC) countries, their trade and investment ties are still in their very early stages, and the complementarity of factor endowments dominates their bilateral...
Persistent link: https://www.econbiz.de/10003855508
The high degree of openness of the Uruguayan economy and the fact that the country is characterised by being constantly subject to shocks, strongly suggest the use of simulation tools that allow for predicting its future evolution under different scenarios. Currently, Computable General...
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