Price Adjustments and Multiregional Rigidities in the Analysis of World Trade

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2208 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2208 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/2208 archive 351 disk0/00/00/22/02 2016-01-15 01:53:00 2021-08-27 17:11:18 2016-01-15 01:53:00 monograph show 3 Johansson B. AL0791 Batten D.F. AL0477 Price Adjustments and Multiregional Rigidities in the Analysis of World Trade pub iis_ecn iis_mod prog_rud 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. 1983-11 published WP-83-110 WP-83-110 1989 1713 public working_paper IIASA, Laxenburg, Austria 41 FALSE info:eu-repo/semantics/book