Author: Thomas James Carter
Publisher:
ISBN:
Category :
Languages : en
Pages : 346

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Book Description

Author: Winston Chang
Publisher: Springer Science & Business Media
ISBN: 1461522498
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
A theoretical analysis of international trade and industrial policy, developing and using new models of trade with imperfect competition. Modeling of imperfect competition within international trade has been difficult until recent breakthroughs in this area, which have provided a more realistic view of the world economy. The book builds on the advances provided by such tools as game theory and the theory of monopolistic competition. The first section covers broad and basic trade issues which arise under imperfect competition. Section two examines implications for trade policy covering issues such as strategic trade policy in static and dynamic settings. Section three deals with various structural issues, such as optimal choice of trade liberalizing policies, the formation of trade blocks, and open dualistic economy with externalities.

Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226035700
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
The need for careful research on trade policy is particularly acute, and this volume empirically addresses these and many other important issues. The contributors offer studies which integrate the institutional details of current trade policy with creative economic analyses. Marked by a shift from a traditional reliance on simulation models, these papers take their inspiration from recent changes in the assumptions traditionally underlying research in international trade theory. No longer are government policies viewed as being somehow "given" to the researcher; in part 1, "Analyses with a Political Economy Perspective," four papers treat such policies as endogenous and explicable in terms of political economy. Neither are product and factor markets seen as perfectly competitive; instead, the three papers in part 2, "Trade Policy Effects under Imperfectly Competitive Market Conditions," assume that firms consider the actions of other companies when formulating their decisions. In part 3, "A New Measure of Trade Restrictiveness and Estimates of Trade Policy Effects with CGE Models," the first essay explores the quantitative restrictions on cheese to develop and implement a new model of restrictive trade. Two final contributions address problems for which simulation modeling is especially useful. The first considers the effectiveness of an import surcharge in reducing the U.S. trade deficit and the second treats the welfare effects of liberalization in South Korea where increasing returns to scale are significant These innovative studies focus on economic behavior that will provide valuable insights for policymakers, academic economists, and students.

Author: Graham R. Bird
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 56

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Author: Steven Brakman
Publisher: Cambridge University Press
ISBN: 1139438468
Category : Business & Economics
Languages : en
Pages : 511

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Book Description
In 1977 Dixit and Stiglitz revolutionized the modeling of imperfectly competitive markets, launching the second monopolistic competition revolution. This 2003 text includes a comprehensive survey of both monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.

Author: Chichur Chao
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 145

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Author: Robert M Stern
Publisher: World Scientific
ISBN: 9814462039
Category : Business & Economics
Languages : en
Pages : 716

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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 2-3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled “Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.” 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 “Reflections on Globalization: Yesteryear and Today.” All of these papers and Krugman's lecture are contained in the volume.In order to provide further perspective on the foregoing topics, each section of the volume includes reprints of a number of Professor Deardorff's most important papers that underlie the reflections on his work by the following Festschrift panelists whose original works are presented in this volume:

Author: Sangho Kim
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 388

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Author: Robert E. Kuenne
Publisher: New York : Wiley
ISBN:
Category : CHAMBERLIN, EDWARD,1899- . THE THEORY OF MONOPOLISTIC COMPETITION
Languages : en
Pages : 408

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Book Description

Author: Edward Chamberlin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 426

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Book Description
Chamberlain's classic work, now in its eighth edition, continues to influence the fundamental thinking of economists and businessmen, and for the best of reasons: It is a basic treatise in theory which, unlike traditional theories of "perfect competition," deals with the economic world we live in, including both price and nonprice competition, oligopoly, various degrees of monopoly, "differentiated" products, advertising, etc. Its influence has spread extensively as well as intensively--to new theoretical problems, such as economic dynamics and development, and to the analysis of an increasingly wide range of the so-called "applied" fields. In this eighth edition of The Theory of Monopolistic Competition Professor Chamberlain has added three new appendices: The Definition of Selling Costs; Numbers and Elasticities; and The Origin and Early Development of Monopolistic Competition Theory. The index has been extensively revised and expanded. In successive earlier editions the author compiled a bibliography of 1497 items. He also added a new treatment of the cost curve of the firm, discussing in particular some current misconceptions as to the role of the laws of proportions and of the divisibility of factors in relation to economics and diseconomies of scale, and advancing a broader theory which assigns to both proportions and scale their proper roles.