The terms-of-trade effect on expenditure : Some evidence from econometric models
dc.contributor.author | Deardorff, Alan V. | en_US |
dc.contributor.author | Stern, Robert M. | en_US |
dc.date.accessioned | 2006-04-07T17:00:02Z | |
dc.date.available | 2006-04-07T17:00:02Z | |
dc.date.issued | 1978-08 | en_US |
dc.identifier.citation | Deardorff, 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.uri | http://www.sciencedirect.com/science/article/B6V6D-45F8YDK-1J/2/bb7ff905a2129befdfc689368551c57a | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/22559 | |
dc.description.abstract | The 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.extent | 608327 bytes | |
dc.format.extent | 3118 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.language.iso | en_US | |
dc.publisher | Elsevier | en_US |
dc.title | The terms-of-trade effect on expenditure : Some evidence from econometric models | en_US |
dc.type | Article | en_US |
dc.rights.robots | IndexNoFollow | en_US |
dc.subject.hlbsecondlevel | American and Canadian Studies | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.subject.hlbtoplevel | Humanities | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | University of Michigan, Ann Arbor, MI 48109, U.S.A | en_US |
dc.contributor.affiliationum | University of Michigan, Ann Arbor, MI 48109, U.S.A | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/22559/1/0000104.pdf | en_US |
dc.identifier.doi | http://dx.doi.org/10.1016/0022-1996(78)90004-1 | en_US |
dc.identifier.source | Journal of International Economics | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
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