'Trade shocks' in economies importing only intermediate goods

Research output: Contribution to journalArticlepeer-review


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 languageEnglish
Pages (from-to)363-379
Number of pages17
JournalEuropean Economic Review
Issue number3
StatePublished - May 1983
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


Dive into the research topics of ''Trade shocks' in economies importing only intermediate goods'. Together they form a unique fingerprint.

Cite this