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In this paper we have constructed a theoretical model in which Asian firms maximize their profit, competing with Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the exchange rate fluctuations vis-…-vis the Japanese yen and...
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liberalization on imports, exports, and overall trade balance for a large sample of developing countries. We find strong and … consistent evidence that trade liberalization leads to higher imports and exports. However, in contrast Santos-Paulino and …
Persistent link: https://www.econbiz.de/10012772840
In this paper we have constructed a theoretical model in which Asian firms maximize their profit, competing with Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the exchange rate fluctuations vis-...-vis the Japanese yen and...
Persistent link: https://www.econbiz.de/10013226986
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