FROM FACTOR PRICES EQUALIZATION TO OUTPUT PRICES EQUALIZATION
نویسندگان
چکیده
منابع مشابه
The Co-movement between Output and Prices: Evidence from Iran
This paper employs a multivariate dynamic conditional correlation GARCH model, which is developed by Engle (2001, 2002), to detect the timing and nature of changes in the comovement between Iranian output and prices for the periods after Iran–Iraq war , known as imposed war . The results showed that there is a weak correlation between output and prices after imposed war and varies periodically...
متن کاملSticky prices and volatile output
This paper represents the views and analysis of the authors and should not be thought to represent those of the Bank of England or Monetary Policy Committee members. We thank an anonymous referee, Robert King and seminar participants at the Bank of England, CEPR/MMF workshop and the London Business School for comments. The Bank of England's working paper series is externally refereed.
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This paper examines the issue of the effect of international trade on quality choice by firms in a factor-endowment framework. Factor price equalization implies product quality equalization. In the NorthSouth context it means that the South catches up with the North in product quality due to the competitive pressure from international trade, not because of technology adoption. Free trade may in...
متن کاملthe co-movement between output and prices: evidence from iran
this paper employs a multivariate dynamic conditional correlation garch model, which is developed by engle (2001, 2002), to detect the timing and nature of changes in the comovement between iranian output and prices for the periods after iran–iraq war , known as imposed war . the results showed that there is a weak correlation between output and prices after imposed war and varies periodically...
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ژورنال
عنوان ژورنال: JURNAL DINAMIKA EKONOMI PEMBANGUNAN
سال: 2012
ISSN: 2620-3049,2089-2489
DOI: 10.14710/jdep.1.1.43-49