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RISS 인기검색어
- 검색키워드
- 저자 : ( Peter B. Dixon ) (검색결과 3 건)
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Trade Policy in Australia and the Development of Computable General Equilibrium Modeling
( Peter B. Dixon ) 세종대학교 경제통합연구소 (구 세종대학교 국제경제연구소) 2008 Journal of Economic Integration Vol.23 No.3
This paper discusses the early establishment in Australia of CGE modeling as a major policy tool. As background, it provides a short history of CGE modeling and describes the impetus to the field from: (a) the failure of less theoretically formal approaches; and (b) the recognition that this type of modeling can handle policy-relevant detail. The paper then argues that the CGE approach flourished in Australia because Australia had the right issue, the right institutions and the right model. The final section looks to the future of CGE modeling and the challenge of demonstrating that it really works.
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Regional Trading Agreements and Intra-industry Trade
( Jayant Menon ),( Peter B. Dixon ) 세종대학교 경제통합연구소 1996 Journal of Economic Integration Vol.11 No.1
Do Regional Trading Agreements (RTAs) promote intra-industry trade (IIT)? In attempting to answer this question, previous researchers have looked at two issues: (i) whether IIT has increased following the formation of the RTA, and (ii) whether IIT is more important in intra versus extra RTA trade. To answer the first question, researchers have used movements in the value of the Grubel and Lloyd (1975, GL) index over time, while the second has been dealt with by comparing the value of the CL index for intra versus extra RTA trade. Employing the CL index in these ways to answer these questions can lead to error In this paper, we develop a new methodology for analyzing both of these questions which overcomes this problem. First, we derive a formula which decomposes the growth in total trade (TT) into the contributions of growth in IIT and net trade (NT). Second, we show how to measure the contribution of inira and extra RTA trade to the growth in a country`s total multilat eral IIT and NT. These formulas are employed to examine the effects of the Australia-New Zealand Closer Economic Relations Trading Agreement (ANZCERTA) on Australian and New Zealand trade.
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Regional Trading Agreements and Intra-industry Trade
Menon, Jayant,Dixon, Peter B. 세종대학교 국제경제연구소 1996 Journal of Economic Integration Vol.11 No.1
Do Regional Trading Agreements(RATs) promote intra-industry trade (IIT)? In attempting to answer this question, previous researches have looked at two issues: (i) whether IIT has increased following the formation of the RTA, and (ii) whether IIT is more important in intra versus extra RTA trade. To answer the first question, researchers have used movements in the value of the Grubel and Lloyd(1975,GL) index over time, while the second has been dealt with by comparing the value of the GL index for intra versus extra RTA trade. Employing the GL index in these ways to answer these questions can lead to error. In this paper, we develop a new methodology for analyzing both of these questions which overcomes this problem. First, we derive a formula which decomposes the growth in total trade (TT) into the contributions of growth in IIT and net trade (NT). Second, we show how to measure the contribution of intra and extra RTA trade to the growth in a country's total multilateral IIT and NT. These formulas are employed to examine the effects of the Australia-New Zealand Closer Economic Relations Trading Agreement (ANZCERTA) on Australian and New Zealand trade.
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