Comparative Advantage in International Trade

Comparative Advantage in International Trade PDF Author: Andrea Maneschi
Publisher: Edward Elgar Publishing
ISBN: 9781781956243
Category : Business & Economics
Languages : en
Pages : 276

Get Book Here

Book Description
'Historians of international trade and trade theory, intellectual historians, and students of trade theory will all benefit from Andrea Maneschi's masterful work, which takes the reader through a considerable amount of the primary literature and presents technical models of international trade with great clarity.' - Sandra Peart, The International History Review

Globalisation, Comparative Advantage and the Changing Dynamics of Trade

Globalisation, Comparative Advantage and the Changing Dynamics of Trade PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264113088
Category :
Languages : en
Pages : 351

Get Book Here

Book Description
This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.

Making Global Value Chains Work for Development

Making Global Value Chains Work for Development PDF Author: Daria Taglioni
Publisher: World Bank Publications
ISBN: 1464801622
Category : Business & Economics
Languages : en
Pages : 611

Get Book Here

Book Description
Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing and services. This is a paradigm shift from the 20th century when countries had to build the entire supply chain domestically to become competitive internationally. For policymakers, the focus is on boosting domestic value added and improving access to resources and technology while advancing development goals. However, participating in global value chains does not automatically improve living standards and social conditions in a country. This requires not only improving the quality and quantity of production factors and redressing market failures, but also engineering equitable distributions of opportunities and outcomes - including employment, wages, work conditions, economic rights, gender equality, economic security, and protecting the environment. The internationalization of production processes helps with very few of these development challenges. Following this perspective, Making Global Value Chains Work for Development offers a strategic framework, analytical tools, and policy options to address this challenge. The book conceptualizes GVCs and makes it easier for policymakers and practitioners to discuss them and their implications for development. It shows why GVCs require fresh thinking; it serves as a repository of analytical tools; and it proposes a strategic framework to guide policymakers in identifying the key objectives of GVC participation and in selecting suitable economic strategies to achieve them.

Comparative Advantage, Growth, and the Gains from Trade and Globalization

Comparative Advantage, Growth, and the Gains from Trade and Globalization PDF Author: Robert M. Stern
Publisher: World Scientific
ISBN: 9814340375
Category : Business & Economics
Languages : en
Pages : 716

Get Book Here

Book Description
Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2OCo3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled OC Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.OCO It was co-organized by two of Professor Deardorff''s former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff''s contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff''s contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled OC Reflections on Globalization: Yesteryear and Today.OCO All of these papers and Krugman''s lecture are contained in the volume."

The evolution of competitive or comparative advantage

The evolution of competitive or comparative advantage PDF Author: Richard R. Nelson
Publisher:
ISBN:
Category :
Languages : en
Pages : 33

Get Book Here

Book Description


The Evolution of Comparative Advantage: Measurement and Welfare Implications

The Evolution of Comparative Advantage: Measurement and Welfare Implications PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description


The Evolution of Competitive Or Comparative Advantage

The Evolution of Competitive Or Comparative Advantage PDF Author: Richard R. Nelson
Publisher:
ISBN:
Category :
Languages : en
Pages : 33

Get Book Here

Book Description


Comparative Advantage and Heterogeneous Firms

Comparative Advantage and Heterogeneous Firms PDF Author: Andrew B. Bernard
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper examines how country, industry and firm characteristics interact in general equilibrium to determine nations' responses to trade liberalization. When firms possess heterogeneous productivity, countries differ in relative factor abundance and industries vary in factor intensity, falling trade costs induce reallocations of resources both within and across industries and countries. These reallocations generate substantial job turnover in all sectors, spur relatively more creative destruction in comparative advantage industries than comparative disadvantage industries, and magnify ex ante comparative advantage to create additional welfare gains from trade. The relative ascendance of high-productivity firms within industries boosts aggregate productivity and drives down consumer prices. In contrast with the neoclassical model, these price declines dampen and can even reverse the real wage losses of scarce factors as countries liberalize.

Varieties of Capitalism

Varieties of Capitalism PDF Author: Peter A. Hall
Publisher: Oxford University Press
ISBN: 0199247749
Category : Business & Economics
Languages : en
Pages : 557

Get Book Here

Book Description
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Evolution of Comparative Advantage

Evolution of Comparative Advantage PDF Author: Chungsoo Kim
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

Get Book Here

Book Description