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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1464 |
DP1464 Relative Labour Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries | |
Matthew B Canzoneri; Robert Cumby; Behzad Diba | |
发表日期 | 1996-09-30 |
出版年 | 1996 |
语种 | 英语 |
摘要 | This paper uses a price-leadership model of the international vanilla market to study the welfare consequences of alternative pricing policies for Madagascar ? a country that controls domestic production through a single-channel marketing system and is the leader in the vanilla market. Econometric estimates of the model are used for simulations of welfare and revenue gains and losses and internal redistribution of income from alternative pricing policies. The results indicate that Madagascar could have gained between 0.9?2.6% of GDP per year on average over the period 1981?91 by following optimal pricing policies, and that producers were overtaxed suggesting that political economy considerations played a role in the pricing decisions. |
主题 | International Trade and Regional Economics |
关键词 | Income distribution Marketing boards Monopoly power Monopsony power Optimal pricing |
URL | https://cepr.org/publications/dp1464 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530606 |
推荐引用方式 GB/T 7714 | Matthew B Canzoneri,Robert Cumby,Behzad Diba. DP1464 Relative Labour Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries. 1996. |
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