Abstract
The model of foreign trade described in this paper is part of a system of models being developed at the University of Maryland. The models, under the general title INFORUM — a contraction of INterindustry FORecasting at the University of Maryland — are being used for input-output forecasting and simulation. The original INFORUM model is of the United States. It is described in [1] and recent additions to it are described in [2].
I am indebted to Clopper Almon and Margaret Buckler for their many helpful suggestions. I gratefully acknowledge the University of Maryland Computer Science Center for their grant of computer time.
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References
OECD,Foreign Trade Statistics Bulletins , Series A, B and C.
Yeats, W. B. (1950) ‘Among school children’, vii. Collected Poems (2nd ed., London, 1950).
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© 1978 International Economic Association
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Nyhus, D. (1978). A Detailed Model of Bilateral Commodity Trade and the Effects of Exchange Rate Changes. In: Stone, R., Peterson, W. (eds) Econometric Contributions to Public Policy. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-16003-7_7
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DOI: https://doi.org/10.1007/978-1-349-16003-7_7
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