Effects of exchange rate and tariffs on an open economy of scarcity of capital (Q1595265): Difference between revisions
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Property / cites work: Tobin's Marginal q and Average q: A Neoclassical Interpretation / rank | |||
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Property / cites work: Macroeconomic Dynamics in a Multi-Country Economy: A Dynamic Optimization Approach / rank | |||
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Property / cites work: Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy / rank | |||
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Latest revision as of 14:58, 3 June 2024
scientific article
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English | Effects of exchange rate and tariffs on an open economy of scarcity of capital |
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Effects of exchange rate and tariffs on an open economy of scarcity of capital (English)
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18 February 2002
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The paper is devoted to the study of certain questions on tariff and exchange rate of consumption and investment in an open economy. A (deterministic) model included the influence of the above factors is proposed. Steady state optimality conditions are analyzed. Dynamics of capital and market price are described. The effects of tariffs and exchange rate on the social welfare are investigated.
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open economy
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market price
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exchange rate
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tariff income distribution
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optimization
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