'Trade shocks' in economies importing only intermediate goods

Steven E. Plaut

doi:10.1016/0014-2921(83)90097-1

'Trade shocks' in economies importing only intermediate goods

Research output: Contribution to journal › Article › peer-review

Abstract

In this paper, a model of 'trade shocks' is developed, where all traded goods are used as inputs in their country of destination. The model investigates the impact of increases in world prices of traded inputs on absorption possibilities and the prices of domestic final goods, which are endogenous. The model is used to simulate the impact of 'trade shocks' on the Netherlands, Norway and the United Kingdom.

Original language	English
Pages (from-to)	363-379
Number of pages	17
Journal	European Economic Review
Volume	21
Issue number	3
DOIs	https://doi.org/10.1016/0014-2921(83)90097-1
State	Published - May 1983
Externally published	Yes

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0014-2921(83)90097-1

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'Trade shocks' in economies importing only intermediate goods

Abstract

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