A simple dynamic applied general equilibrium model of a small open economy: transitional dynamics and trade policy

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dc.citation.epage101en_US
dc.citation.issueNumber1en_US
dc.citation.spage77en_US
dc.citation.volumeNumber23en_US
dc.contributor.authorDiao, X.en_US
dc.contributor.authorYeldan, E.en_US
dc.contributor.authorRoe, T. L.en_US
dc.date.accessioned2019-02-12T11:04:03Z
dc.date.available2019-02-12T11:04:03Z
dc.date.issued1998en_US
dc.departmentDepartment of Economicsen_US
dc.departmentDepartment of International Relationsen_US
dc.description.abstractA dynamic general equilibrium model of a small open economy is presented to investigate the transition properties of out-of-steady state growth paths in response to trade policy shocks. With the application of the so-called Armingtonian commodity system of static CGE models, we quantify the nature of the transition path and the convergence speed towards the respective steady state under alternative parametrization of the substitution elasticities and of trade policy instruments.en_US
dc.identifier.issn0254-8372
dc.identifier.urihttp://hdl.handle.net/11693/49314
dc.language.isoEnglishen_US
dc.publisherEconomic Research Instituteen_US
dc.source.titleJournal of Economic Developmenten_US
dc.subjectGeneral equilibrium modelen_US
dc.subjectCGE modelsen_US
dc.titleA simple dynamic applied general equilibrium model of a small open economy: transitional dynamics and trade policyen_US
dc.typeArticleen_US

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