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The terms-of-trade effect on expenditure : Some evidence from econometric models

dc.contributor.authorDeardorff, Alan V.en_US
dc.contributor.authorStern, Robert M.en_US
dc.date.accessioned2006-04-07T17:00:02Z
dc.date.available2006-04-07T17:00:02Z
dc.date.issued1978-08en_US
dc.identifier.citationDeardorff, Alan V., Stern, Robert M. (1978/08)."The terms-of-trade effect on expenditure : Some evidence from econometric models." Journal of International Economics 8(3): 409-414. <http://hdl.handle.net/2027.42/22559>en_US
dc.identifier.urihttp://www.sciencedirect.com/science/article/B6V6D-45F8YDK-1J/2/bb7ff905a2129befdfc689368551c57aen_US
dc.identifier.urihttps://hdl.handle.net/2027.42/22559
dc.description.abstractThe terms-of-trade effect on expenditure has been a long-recognized theoretical construct. In this paper, we examine the empirical credibility of this effect, using the expenditure equations of several large econometric models in terms of their formulation of real versus nominal variables. We find evidence of both positive and negative effects of import prices on various categories of expenditure. Thus, there is no consensus as to the direction of the terms-of-trade effect.en_US
dc.format.extent608327 bytes
dc.format.extent3118 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.language.isoen_US
dc.publisherElsevieren_US
dc.titleThe terms-of-trade effect on expenditure : Some evidence from econometric modelsen_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelAmerican and Canadian Studiesen_US
dc.subject.hlbtoplevelSocial Sciencesen_US
dc.subject.hlbtoplevelHumanitiesen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumUniversity of Michigan, Ann Arbor, MI 48109, U.S.Aen_US
dc.contributor.affiliationumUniversity of Michigan, Ann Arbor, MI 48109, U.S.Aen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/22559/1/0000104.pdfen_US
dc.identifier.doihttp://dx.doi.org/10.1016/0022-1996(78)90004-1en_US
dc.identifier.sourceJournal of International Economicsen_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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