作者：DEVARAJAN, S; SUSSANGKARN, C
摘要：Noting that standard calculations of effective rates of protection (ERP) assume that domestic and foreign goods are perfectly substitutable, this paper relaxes that assumption. Using a 54-sector, general equilibrium model of Thailand, we compute ERPs when the imported and domestically-produced good in each sector are assumed to be imperfect substitutes and compare them with the ERPs as derived using the standard approach. Our results show that the general-equilibrium calculation differs from t...
作者：JACKSON, WE
摘要：Two hypotheses are tested in this paper. The first is whether the appropriate geographic market for certain banking services is national, instead of local. The second is whether the definition of banking ''product'' as all banking services is too broad. A rational distributed lag model of bank pricing behavior is estimated using retail deposit rate data and the Fuller-Battese error component method. Dummy variables are incorporated into the model to test for differing pricing behavior across l...
