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作者：LEVINSOHN, JA
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作者：MENDEZ, JA
摘要：This paper develops new estimates of the welfare and domestic production effects of repealing the US Offshore Assembly Provision (OAP). Although the controversy surrounding the OAP has recently intensified, the only other such estimates of repealing the OAP were developed by Finger (1976). The estimates are developed by applying a partial equilibrium trade model of a two-stage production process to nineteen product categories in which OAP trade was important in 1986. The paper finds that repea...
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作者：COHEN, D
摘要：This paper gives a valuation formula for LDC debt which is used to assess: (1) the price at which a buy-back of the debt is advantageous to the country; (2) the value to the creditors of having the flows of payment guaranteed against the extrinsic stochastic disturbances faced by the country; and (3) the trade-off between growth of payments and levels of payments. We finally offer an assessment of the Mexican agreement reached early in 1990.
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作者：KOHLI, U
作者单位：University of Colorado System; University of Colorado Boulder
摘要：This paper reports empirical estimates of one of the most popular models of international trade theory, the specific-factors model. Two outputs - consumption goods and investment goods - and two factors - labor and capital - are considered. Labor is assumed to be mobile between sectors, while capital is assumed to be sector specific. Assuming that the relative supplies of the two types of capital are constant through time, the model can be estimated with aggregate data even though the sector-s...
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作者：FINGER, JM
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作者：DICK, AR
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作者：MANSOORIAN, A
摘要：The habit persistence model of Ryder and Heal is used to examine the Harberger-Laursen-Metzler (H-L-M) effect. Our results are in contrast to the general view in the literature that the stability requirements preclude the H-L-M effect in an infinite horizon model. We show that if the marginal utility of real consumption is strongly increasing in the habitual standard of living, then the H-L M effect holds. and a terms of trade deterioration reduces savings. However, if the marginal utility of ...
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作者：CANOVA, F; DELLAS, H
作者单位：University System of Maryland; University of Maryland College Park; Brown University; European University Institute
摘要：A stochastic general equilibrium model of the world economy is developed to analyze the contribution of trade interdependence to international business cycles. We test some of the implications of the model using data from ten major industrial countries and a variety of detrending techniques to calculate the cyclical component of output. We find that the significance of trade in the transmission of economic disturbances across countries is not robust to the choice of the detrending method. In g...
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作者：JONES, RW
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作者：FINGER, JM
