Tariff Model with Translog Demand
Tariff Model with Translog Demand
Release Date: August 08, 2019
This PE model of trade policy changes uses translog preferences, a departure from CES functional forms, to quantify the economic impacts of a tariff change in a three-source market. The use of translog preferences allows for greater variety in substitution patterns across pairs of goods. The model simulates changes in prices, quantities, and trade values in the market.
Tags:
Perfect Competition
Tariff
Model Contacts:
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- Tariff Model with Translog Demand [ NB , 141 KB ]
- Tariff Model with Translog Demand [ PDF , 7 pages]
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Associated Papers:
Recommended Citations:
| Schreiber, S. (2019). Translog Partial Equilibrium Model of Trade Policy Changes. U.S. International Trade Commission. Economics Working Paper 2019-07-A. |