Inflation dynamics and trade openness: with an application to South Africa.

Evolving openness to trade is hard to measure, despite its relevance to models of growth, inflation and exchange rates. Our innovative technique measures trade openness encompassing both observable trade policy (tariffs and surcharges) and unobservable trade policy (quotas and other nontariff barrie...

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Bibliographic Details
Main Authors: Aron, J, Muellbauer, J
Format: Working paper
Language:English
Published: CSAE (University of Oxford) 2007