The Measurement of a Nation's Terms of Trade Effect and Real National Disposable Income within a National Accounting Framework

Author(s):  
Mick Silver ◽  
Khashayar Mahdavy
1978 ◽  
Vol 8 (3) ◽  
pp. 409-414 ◽  
Author(s):  
Alan V. Deardorff ◽  
Robert M. Stern
Keyword(s):  

2011 ◽  
Vol 2 (2) ◽  
pp. 49-72
Author(s):  
Baboo M Nowbutsing

In the context of a Competitive Ricardian Model (CRM), one can ask whether it is possible to relate winners and losers from a CU based on comparative advantage considerations. This was pursued by Venables (2003), who showed that careful consideration of a country’s comparative advantage – with the rest of the world relative to that with its partners in the CU- yields predictions about winners and losers. Starting from initial tariff equilibrium, in a 3 country model with a continuum of goods, he shows that a country with ‘extreme’ comparative advantage will be more vulnerable to trade diversion. In this experiment, the 3 x 3 Competitive Ricardian Model (CRM) in two scenarios multiple import tariffs and a customs union. We fully characterise the equilibrium under both. Starting from a tariff distorted situation, we find that when a customs union is formed there is an increase in trade flows among members; a rise in individual consumption of some goods; a clear terms of trade effect and the existence of trade diversion. Our experimental results support the simulation findings of Venables (2003), who showed that countries which have ‘extreme’ comparative advantage in a customs union will generally be more vulnerable to trade diversion.


2010 ◽  
pp. 53-64
Author(s):  
B. Zamaraev

The article is devoted to the analysis of different approaches to estimating trading gains (or losses) from changes in the terms of trade for the Russian economy. It presents the calculation of trading gains (or losses) received by the Russian economy in 1999-2009.


Author(s):  
Maurizio Bussolo ◽  
Patrizia Luongo
Keyword(s):  

GIS Business ◽  
2020 ◽  
Vol 14 (6) ◽  
pp. 1050-1061
Author(s):  
Sathish, ◽  
Rajendra Kumbharjuvenkar

The retail industry is changing worldwide, especially in developing nations. This retail transformation is a result of changing lifestyles, increased disposable income, growing brand consciousness and changing consumption patterns of consumers. In the process of meeting these growing expectations of consumers, there are noteworthy initiatives adopted by retail organizations. Brand equity of a retail store is seen as a major factor influencing buying decisions and repurchases intent of consumers’ world over.


Sign in / Sign up

Export Citation Format

Share Document