International Trade in Intermediate and Final Goods: Some Welfare Implications of Destabilized Prices

International Trade in Intermediate and Final Goods: Some Welfare Implications of Destabilized Prices

I. Introduction, 351.--II. The Massell results, 352.--III. Final product spatial price models, 354.--IV. International welfare, 358.--V. The generalized model, 359.--VI. Price instability in both intermediate and final goods trade, 362.--VII. Summary and conclusions, 364.

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Veröffentlicht in:The Quarterly journal of economics 1972-08, Vol.86 (3), p.352-365
Hauptverfasser: Hueth, Darrell, Schmitz, Andrew
Format: Artikel
Sprache:eng
Schlagworte:
Consumer goods
Consumer prices
Economic models
Final goods
Intermediate goods
International trade
Market prices
Price stability
Price stabilization
Supply and demand
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Zusammenfassung:I. Introduction, 351.--II. The Massell results, 352.--III. Final product spatial price models, 354.--IV. International welfare, 358.--V. The generalized model, 359.--VI. Price instability in both intermediate and final goods trade, 362.--VII. Summary and conclusions, 364.
ISSN:0033-5533
1531-4650