Structure of Export Competition between Asian NIEs and Japan in U.S. Import Market and Exchange Rate Effects (Written in Korean)
This paper analyzes U.S. demand for imports from Asian NIEs and Japan、utilizing the Almost Ideal Demand System (AIDS) developed by Deaton and Muellbauer, with an emphasis on the effect of changes in the exchange rate. The empirical model assumes a two-stage budgeting process in which the first stage...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
1990-08-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.1990.12.2.3 |