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dc.contributor.authorSwift, Robynen_US
dc.date.accessioned2017-05-03T12:51:37Z
dc.date.available2017-05-03T12:51:37Z
dc.date.issued2004en_US
dc.date.modified2007-03-18T21:41:20Z
dc.identifier.issn01640704en_US
dc.identifier.urihttp://hdl.handle.net/10072/5405
dc.description.abstractThis paper shows that the small-country assumption of dependent-economy models is unlikely to hold for many of the cases in which this class of models is used, for example, in the analysis of a terms of trade shock in the "commodity currency" models. When a shock affects most or all of the small countries exporting a commodity, the combined exchange rate effects will result in endogenous terms of trade changes even for those countries too small to individually affect world markets. The paper also explores the possible implications of these secondary terms of trade changes for the dependent-economy models.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherElsevieren_US
dc.publisher.placeNetherlandsen_US
dc.publisher.urihttp://www.elsevier.com/wps/find/journaldescription.cws_home/622617/description#descriptionen_AU
dc.relation.ispartofpagefrom737en_US
dc.relation.ispartofpageto745en_US
dc.relation.ispartofjournalJournal of Macroeconomicsen_US
dc.relation.ispartofvolume26en_US
dc.subject.fieldofresearchcode340206en_US
dc.titleExchange rate changes and endogenous terms of trade effects in a small open economyen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.rights.copyrightCopyright 2004 Elsevier : Reproduced in accordance with the copyright policy of the publisher : This journal is available online - use hypertext links.en_AU
gro.date.issued2004
gro.hasfulltextNo Full Text


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