Tyers, Rod; Yang, Yongzheng
The collapse of the heretofore most rapidly growing Asian developing economies, combined with the long recession in Japan, caused northern agriculture to endure the combined effects of declining commodity prices and rising domestic costs associated with real appreciations against major Asian trading partners. The redistribution of global investment associated with the Asian recession is likely to be long lasting. In this paper global general equilibrium analysis is employed to quantify the...[Show more]
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