Comparative Advantage, Exchange Rates, and G-7 Sectoral Trade Balances /

This paper uses a Ricardian framework to clarify the role of microeconomic and macroeconomic factors governing the time series and cross-section behavior of sectoral trade balances. Unit labor costs and trade balances are calculated for several sectors for the seven major industrial countries. The t...

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Detalles Bibliográficos
Autor principal: Golub, Stephen
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1994.
Colección:IMF Working Papers; Working Paper ; No. 1994/005
Acceso en línea:Full text available on IMF