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A note on measuring the effects of exchange rate changes on Norwegian exports of seafood
(Working paper; Arbeidsnotat, 2002-09)
The purpose of this note is to develop a very simple, yet consistent structural model of the Norwegian seafood trade that highlights how trade flows and prices are affected by changes in exchange rates. By using a class of models called Equilibrium Displacement Models (EDM’s) the model is solved for the reduced-form elasticities to indicate the effects exchange rates changes has on producer ...