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- W1971289703 abstract "Abstract This paper extends the Bickerdike-Robinson-Metzler elasticities model to include cross-price effects in demand between exports and imports, and compares the extension to the Kemp general-equilibrium model. In the extended elasticities model, positive cross-price influences impede adjustment; in the general-equilibrium model, however, such influences are part of the uniform gross-substitutability condition that assures stability. This difference arises because income and own-price effects for nontraded goods are constrained to zero in the elasticities model. Evidence of the demand for exports and imports for the United States indicates significant crossprice effects." @default.
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- W1971289703 date "1984-03-01" @default.
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- W1971289703 title "Cross-price effects in demand between exports and imports" @default.
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- W1971289703 doi "https://doi.org/10.1016/0164-0704(84)90004-1" @default.
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