International Trade in Goods and Factor Mobility PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download International Trade in Goods and Factor Mobility PDF full book. Access full book title International Trade in Goods and Factor Mobility by Kar-yiu Wong. Download full books in PDF and EPUB format.
Author: Kar-yiu Wong
Publisher: MIT Press (MA)
ISBN: 9780262231794
Category : Business & Economics
Languages : en
Pages : 699
Get Book Here
Book Description
This up-to-date synthesis of the basic tools and survey results in international trade theory is unique in giving factor mobility equal billing with goods trade, highlighting factor flows in the context of a mainstream approach to trade theory. The importance of the international flow of factors has grown in recent decades, primarily because of increasing returns, imperfect competition, multinational corporations, and labor migration; theories of factor mobility and trade in goods can no longer be lumped together. Using sophisticated techniques, as well as simple economic intuitions and easy-to-follow diagrams, Kar-yiu Wong systematically presents within unified frameworks all the basic analytical techniques involved in the theories of international trade and factor mobility. Wong also provides extensive coverage of such issues as interactions between international trade in goods and capital movement, external economies of scale, monopolistic competition and differentiated products, oligopoly, welfare economics of international trade, and policy analysis for various models, and he devotes two separate chapters to multinational corporations and international labor migration. New techniques and approaches to these issues are suggested, and new results obtained for many of them. For instance, the discussion of intra-industry trade in the presence of positive transport cost and arbitrage is new, as is the systematic examination of the relationship between international trade in goods and factor mobility with external economies of scale, monopolistic competition, and oligopoly. Of particular importance to trade theorists, these issues serve as the link between neoclassical and imperfect-competition models.
Author: Kar-yiu Wong
Publisher: MIT Press (MA)
ISBN: 9780262231794
Category : Business & Economics
Languages : en
Pages : 699
Get Book Here
Book Description
This up-to-date synthesis of the basic tools and survey results in international trade theory is unique in giving factor mobility equal billing with goods trade, highlighting factor flows in the context of a mainstream approach to trade theory. The importance of the international flow of factors has grown in recent decades, primarily because of increasing returns, imperfect competition, multinational corporations, and labor migration; theories of factor mobility and trade in goods can no longer be lumped together. Using sophisticated techniques, as well as simple economic intuitions and easy-to-follow diagrams, Kar-yiu Wong systematically presents within unified frameworks all the basic analytical techniques involved in the theories of international trade and factor mobility. Wong also provides extensive coverage of such issues as interactions between international trade in goods and capital movement, external economies of scale, monopolistic competition and differentiated products, oligopoly, welfare economics of international trade, and policy analysis for various models, and he devotes two separate chapters to multinational corporations and international labor migration. New techniques and approaches to these issues are suggested, and new results obtained for many of them. For instance, the discussion of intra-industry trade in the presence of positive transport cost and arbitrage is new, as is the systematic examination of the relationship between international trade in goods and factor mobility with external economies of scale, monopolistic competition, and oligopoly. Of particular importance to trade theorists, these issues serve as the link between neoclassical and imperfect-competition models.
Author: J. Peter Neary
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Victor D. Norman
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 32
Get Book Here
Book Description
Author: Wilfred J. ETHIER
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Giovanni Facchini
Publisher:
ISBN:
Category :
Languages : en
Pages : 196
Get Book Here
Book Description
Author: Michael J. Hiscox
Publisher: Princeton University Press
ISBN: 0691214867
Category : Political Science
Languages : en
Pages : 223
Get Book Here
Book Description
This book unveils a potent new approach to one of the oldest debates in political economy--that over whether class conflict or group competition is more prevalent in politics. It goes further than any study to date by outlining the conditions under which one type of political conflict is more likely than the other. Michael Hiscox focuses on a critical issue affecting support for and opposition to free trade--factor mobility, or the ability of those who own a factor of production (land, labor, or capital) to move it from one industry to another. He argues that the types of political coalitions that form in trade politics depend largely on the extent to which factors are mobile between industries. Class coalitions are more likely where factor mobility is high, Hiscox demonstrates, whereas narrow, industry-based coalitions predominate where it is low. The book also breaks new ground by backing up the theory it advances with systematic evidence from the history of trade politics in six nations over the last two centuries, using a combination of case studies and quantitative analysis. It makes fresh conclusions about the forces shaping trade policy outcomes--conclusions that yield surprising insights into the likely evolution of the global trading system and U.S. trade policy in particular. International Trade and Political Conflict is a major contribution to the scholarly literature while being accessible to anyone interested in understanding and predicting developments in trade policy.
Author: Wilfred Ethier
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 36
Get Book Here
Book Description
This paper addresses the relation between goods trade and international factor mobility in general terms. Conditions for factor price equalization are derived for situations with tradein both goods and factors, as well as Rybczynski and Stolper-Sarnuel Sofl theorems. A weak price versionof the Heckscher-Ohlifl theorem is presented, as well as stronger quantity versions.The basic theorems of international trade, suitably interpreted, are shown to hold in their strong versions ifthe number of international markets is at least as large as the number of factors.The crucial dimensionality issue is hence not the relative number of goods and factors per se, but the number of international markets relative to the number of factors. Only the price version of the Heckscher-Ohlifl theorem fails to be essentially preserved by this condition
Author: Michael Rauscher
Publisher: Oxford University Press
ISBN: 9780198290506
Category : Business & Economics
Languages : en
Pages : 360
Get Book Here
Book Description
Finally, International Trade, Factor Movements, and the Environment addresses institutional issues on both national and international levels.
Author: Linda S. Goldberg
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 46
Get Book Here
Book Description
Foreign Direct Investment (FDI) has been growing rapidly, at a pace far exceeding the growth in international trade. Thus, a full understanding of the relationship between trade in goods and FDI is important for obtaining a complete picture of the extent and sources of international linkages. We investigate whether FDI serves as a complement to trade or a substitute for trade based on the effects identified by the Rybczynski theorem whereby an increase in a factor of production used intensively in one sector affects production both in that sector and in other sectors. Using detailed data on bilateral capital and trade flows between the United States and individual Latin American countries, we examine the linkages between FDI into particular sectors of Latin American economies and the net exports of those and other manufacturing sectors. We find that FDI from the United States can lead to significant, and varied, shifts in the composition of activity in many Latin American countries and across many manufacturing industries.
Author: Kar-yiu Wong
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 74
Get Book Here
Book Description
