Demand and Supply Factors in the Determination of NIE Exports: A Simultaneous Error-Correction Model for Hong Kong.
This paper considers the issue of whether a small developing economy such as Hong Kong faces a perfectly elastic demand for its exports of manufactured goods. The authors construct a simultaneous demand and supply system which is estimated using Full Information Maximum Likelihood methods, and which...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
1992
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