An Estimation of Price Elasticities of Import Demand and Export Supply Functions Derived from an Integrated Production Model (Written in Korean)
Using an aggregator model, we look into the possibilities for substitution between Korea's exports, imports domestic sales and domestic inputs (particularly labor), and substitution between disaggregated export and import components. Our approach heavily draws on an economy-wide GNP function th...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
1990-12-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.1991.12.4.47 |