A simple dynamic applied general equilibrium model of a small open economy: transitional dynamics and trade policy

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dc.creatorDiao, Xinshen
dc.creatorYeldan, A. Erinc
dc.creatorRoe, Terry L.
dc.date1998
dc.date2025-01-29T12:58:06Z
dc.date2025-01-29T12:58:06Z
dc.date.accessioned2026-06-27T15:19:17Z
dc.descriptionA dynamic general equilibrium model of a small open economy is presented to investigate the transition properties of out-of-steady state growth paths in response to trade policy shocks. With the application of the so-called Armingtonian commodity system of static CGE models, we quantify the nature of the transition path and the convergence speed towards the respective steady state under alternative parametrization of the substitution elasticities and of trade policy instruments.
dc.identifierhttps://hdl.handle.net/10568/171389
dc.identifier.urihttp://hdl.handle.net/123456789/101068
dc.languageen
dc.rightsOpen Access
dc.sourceDiao, Xinshen; Yeldan, A. Erinc; Roe, Terry L. 1998. A simple dynamic applied general equilibrium model of a small open economy: transitional dynamics and trade policy. Journal of Economic Development 23(1): 77-101. https://jed.cau.ac.kr/archives/23-1/23-1-5.pdf
dc.subjecttrade policies
dc.titleA simple dynamic applied general equilibrium model of a small open economy: transitional dynamics and trade policy
dc.typeJournal Article

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)