Foreign-domestic substitution, import penetration and CGE modelling

Import Substitution and Economic Growth

In spite of Latin America’s dismal economic performance between the 1950s and 1980s, the region experienced strong capital deepening. Furthermore, productivity (measured as TFP) grew at low rates in comparison with the U.S. In this paper, we suggest that all these facts can be explained as a consequence of the restrictive trade regime adopted at that time. Our analytical framework is based on a...

Foreign Income and Domestic Deductions

Microsimulation, CGE and Macro Modelling for Transition and Developing Economies

Modelling of Domestic and Foreign Visitors’ Behaviour at Commercial Bank Website during the Recent Financial Crisis

DRLÍK MARTIN, PILKOVÁ ANNA, MUNK MICHAL, ŠVEC PETER: Modelling of domestic and foreign visitors’ behaviour at commercial bank website during the recent fi nancial crisis. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2013, LXI, No. 7, pp. 2065–2070 The paper focuses on modelling of commercial bank website visitors’ behaviour. The authors analyse domestic and foreign ma...

Distribution Keiretsu, FDI and Import Penetration in Japan

An independent wholesaler with many different upstream suppliers is likely to be better at market coverage than if it were the subsidiary of just one supplier. But where wholesale efforts are focused on resolving externalities (by establishing and administering a directed marketing channel), efforts at expanding market coverage have greater marginal cost and will be commensurately retrenched, s...