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World Trade Model : Revised Estimates.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 1988.
Series: IMF Working Papers
Edition/Format:   eBook : Document : International government publication : English
Summary:
This paper presents updated and revised estimates for the World Trade Model. The model estimates import and export price and volume relationships for each of three types of merchandise trade--manufactured, raw material, and agricultural--for 14 of the largest industrial countries. The extended data set has generally resulted in estimated price and volume equations that fit the data better than previous versions of  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund.
ISBN: 1455231207 9781455231201
OCLC Number: 1044318756
Notes: Available in PDF, ePUB, and Mobi formats on the Internet.
Description: 1 online resource (42 pages)
Series Title: IMF Working Papers

Abstract:

This paper presents updated and revised estimates for the World Trade Model. The model estimates import and export price and volume relationships for each of three types of merchandise trade--manufactured, raw material, and agricultural--for 14 of the largest industrial countries. The extended data set has generally resulted in estimated price and volume equations that fit the data better than previous versions of the model. In addition, the simulation properties of the model have been enhanced by imposing long-run activity elasticities of unity on the activity terms in the demand for imported manufactures equations.

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