THE EAST ASIAN CRISIS: A DYNAMIC COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS

Elena Ianchovichina, Robert McDougall and Thomas Hertel

No 21587, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The paper proposes a new disequilibrium approach to modeling international capital mobility. Key to this approach are errors in investors' assessments of potential returns to capital -- such as those recently observed in Asia. We use the model to study dynamic adjustment of North American farm and food industries to a marginally deeper, longer crisis in East Asia.

Keywords: Financial Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 16
Date: 1999
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/21587/files/sp99ia01.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21587

DOI: 10.22004/ag.econ.21587

Access Statistics for this paper

More papers in 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().