A Note on adding-up restrictions when modelling trade flows |
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| Authors: | Mathan Satchi |
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| Affiliation: | Centre for International Macroeconomics, Department of Economics, University of Oxford, Manor Road Building, Oxford OX1 3UQ, UK |
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| Abstract: | An ad hoc rule is often required when modelling trade in multi-country models to ensure that aggregate imports equal aggregate exports in volumes and values. This paper offers an approach that offers some advantages over current methods. |
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| Keywords: | Macroeconomic Modelling Trade Adding-up restrictions |
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