학술저널
Optimal Storage for a Small Open Economy under Price and Production Uncertainty
Optimal Storage for a Small Open Economy under Price and Production Uncertainty
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제4권 제1호
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1989.0388 - 98 (11 pages)
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In this paper we examine welfare-maximizing storage for a small open economy subject to price and production uncertainty. We show that production decisions, and the pattern of trade in some periods, may be affected by the storability of a good.
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