Cilt 2, Sayı 2, Sayfalar 99 - 116 2017-06-30

The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy

Wei-Bin Zhang [1]

100 96

This study builds a growth model of a small open economy with imported energy and goods in a perfectly competitive economy. The economy is composed of one industrial sector and one service sector. The economy is endowed with constant labor and land. The growth mechanism is basically neoclassical in the sense that the main determinant of growth is endogenous wealth. This study is mainly concerned with the effects of changes in capital cost, energy price and price of imported goods on trade balance, price of services, land rent, and path of economic growth. The comparative dynamic analysis provides some insights into the impact of exogenous shocks on the national economy.
price of energy,price of imported goods,growth
  • Backus, D.K. and Crucini, M.J. (2000) Oil Prices and the Terms of Trade. Journal of International Economics 50, 185-213.
Konular Ekonomi ve İşletme
Dergi Bölümü Yayın İlkeleri
Yazarlar

Yazar: Wei-Bin Zhang
E-posta: wbz1@apu.ac.jp
Kurum: ABANT IZZET BAYSAL UNIV
Ülke: Japan


Bibtex @araştırma makalesi { beta286304, journal = {Bulletin of Economic Theory and Analysis}, issn = {}, address = {Mehmet Songur}, year = {2017}, volume = {2}, pages = {99 - 116}, doi = {10.25229/beta.286304}, title = {The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy}, language = {en}, key = {cite}, author = {Zhang, Wei-Bin} }
APA Zhang, W . (2017). The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy. Bulletin of Economic Theory and Analysis, 2 (2), 99-116. Retrieved from http://dergipark.gov.tr/beta/issue/30345/286304
MLA Zhang, W . "The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy". Bulletin of Economic Theory and Analysis 2 (2017): 99-116 <http://dergipark.gov.tr/beta/issue/30345/286304>
Chicago Zhang, W . "The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy". Bulletin of Economic Theory and Analysis 2 (2017): 99-116
RIS TY - JOUR T1 - The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy AU - Wei-Bin Zhang Y1 - 2017 PY - 2017 N1 - DO - T2 - Bulletin of Economic Theory and Analysis JF - Journal JO - JOR SP - 99 EP - 116 VL - 2 IS - 2 SN - -2548-0707 M3 - UR - Y2 - 2017 ER -
EndNote %0 Bulletin of Economic Theory and Analysis The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy %A Wei-Bin Zhang %T The Impact of Imported Energy and Goods Prices on Growth and Trade Balance of a Small Open Economy %D 2017 %J Bulletin of Economic Theory and Analysis %P -2548-0707 %V 2 %N 2 %R %U