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Johansson, B. & Batten, D.F. (1983). Price Adjustments and Multiregional Rigidities in the Analysis of World Trade. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-83-110
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Abstract
This paper reviews a set of approaches to modeling interregional and international trade flows. It also suggests a framework which is capable of combining price formation mechanisms with factors which cause resistance to change and barriers to trade. In certain respects the framework adheres to the Takayama-Judge tradition, but differs by using a probabilistic framework which generates equilibrium solutions which are not perfect competition equilibria.
| Item Type: | Monograph (IIASA Working Paper) |
|---|---|
| Research Programs: | Regional Issues Program (RUD) |
| Depositing User: | IIASA Import |
| Date Deposited: | 15 Jan 2016 01:53 |
| Last Modified: | 27 Aug 2021 17:11 |
| URI: | https://pure.iiasa.ac.at/2202 |
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