| Titre | Le modèle d'échanges commerciaux Mec 2 | |
|---|---|---|
| Auteur | Jacques Régniez, Jean Mathis | |
 |
Revue | Economie et prévision |
| Numéro | no 50, 1981/5 | |
| Page | 23-45 | |
| Résumé anglais |
The French «Foreign trade» model (Mec 2), by Jean Mathis and Jacques Régniez.
Mec 2 is a French six-product foreign trade model intended for use in the preparation of economic budgets. Modelization of foreign trade for the three main industrial products (intermediate goods, capital goods, consumer goods) brings into play production capacities, demands (domestic and foreign) and relative price variables. Estimates show a massive substitutability between domestic demand and the foreign balance. One billion francs more in demand for a product results in a trade deficit for this same product of 0.6, 0.8 and 0.5 billion francs, respectively.
Foreign trade in agricultural products and processed foodstuffs is modelized as a balance (and not separately as exports and imports). This balance depends upon the surplus of production over domestic demand, and upon the greater or lesser utilization of existing storage capacities.
Different variant effects are presented, which in particular bring out the drop in the efficiency of devaluation (in terms of effects on the balance in values) ever since the rise in the price of energy. Source : Éditeur (via Persée) |
|
| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1981_num_50_5_3163 |
