Economic Growth of Nations

Economic Growth of Nations PDF Author: Simon Kuznets
Publisher:
ISBN:
Category :
Languages : en
Pages : 363

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Economic Growth of Nations

Economic Growth of Nations PDF Author: Simon Kuznets
Publisher:
ISBN:
Category :
Languages : en
Pages : 363

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Book Description


Production Structure, Trade and Growth

Production Structure, Trade and Growth PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 634

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International Trade

International Trade PDF Author: J. Peter Neary
Publisher: Edward Elgar Pub
ISBN: 9781852783617
Category : Business & Economics
Languages : en
Pages :

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Book Description
International trade has been one of the growing sub-fields of economics in recent years, with new work on trade under imperfect competition as well as extensions of existing models. This two-volume set puts the readings in perspective and provides an overview of the current state of knowledge.

The Global Trade Slowdown

The Global Trade Slowdown PDF Author: Cristina Constantinescu
Publisher: International Monetary Fund
ISBN: 1498399134
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

Global Production

Global Production PDF Author: Pol Antràs
Publisher: Princeton University Press
ISBN: 0691209030
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
Global Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and intermediary services. Many firms organize global production around offshoring parts, components, and services to producers in distant countries, and contracts are drawn up specific to the parties and distinct legal systems involved. Pol Antràs examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy. Antràs discusses the inevitable complications that develop in contract negotiation and execution. He provides a unified framework that sheds light on the factors helping global firms determine production locations and other organizational choices. Antràs also implements a series of systematic empirical tests, based on recent data from the U.S. Customs and Census Offices, which demonstrate the relevance of contractual factors in global production decisions. Using an integrated approach, Global Production is an excellent resource for researchers, graduate students, and advanced undergraduates interested in the inner workings of international economics and trade.

Economics of Trade and Development

Economics of Trade and Development PDF Author: James Daniel Theberge
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 568

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Book Description
Monographic compilation of readings in the economic theory of trade in relation to economic development - covers the effects of industrialization on exports, comparative advantage and development policy, Terms of Trade and economic development, tariff negotiation, technology transfer, capital formation, foreign investment in developing countries, policy obstacles to trade and development, etc. References and statistical tables.

International Trade: Production structure, trade and growth

International Trade: Production structure, trade and growth PDF Author: J. Peter Neary
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 682

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Structural Transformation and the sophistication of Production

Structural Transformation and the sophistication of Production PDF Author: Mr.Nicola Spatafora
Publisher: International Monetary Fund
ISBN: 1463947585
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a catalyst for broad-based economic growth, rather than turning into isolated enclaves, when the economy is liberalized, the exchange rate is not overvalued, and there are good information flows. An educated workforce, external liberalization, and good information flows are important prerequisites for developing sophisticated goods and services. An appropriate macroeconomic policy is particularly important for goods, skilled labor and good information flows for services.

Economic Growth in an Open Developing Economy

Economic Growth in an Open Developing Economy PDF Author: A. P. Thirlwall
Publisher: Edward Elgar Publishing
ISBN: 1781955336
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
This concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth provides a comprehensive critique of both old and new growth theory, highlighting the importance of economic growth for reducing poverty. A.P. Thirlwall illustrates that orthodox growth theory continues to work with Ôone-goodÕ models and to treat factor supplies as exogenously given, independent of demand. Orthodox trade theory still ignores the balance of payments consequences of different patterns of trade specialisation when assessing the welfare effects of trade. The author goes on to present theory underpinned by up-to-date empirical evidence that factors of production and productivity growth are endogenous to demand, and that the structure of production and trade matter for the long-run growth performance of countries because of their impact on the balance of payments. He concludes that trade liberalisation has proved disappointing in improving the trade-off between growth and the balance of payments. This book will provide a challenging read for students and academics in the fields of economics, heterodox economics, and development. Policymakers focussing on the relationship between growth, trade and the balance of payments will also find the book to be of great interest.

The Growth and Structure of International Trade Since the Second World War

The Growth and Structure of International Trade Since the Second World War PDF Author: Lynden Briscoe
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
This is the first book to present in one volume an empirical account of the growth and changes in international trade since the Second World War and an investigation of the reasons for them. The author analyzes the overall structure of world trade in terms of the main trading blocks, industrialized areas, the developing areas and the Eastern Block. On the changes in monetary value, he estimates the changes in real magnitudes, and hence the changes in specialization between the groups of countries.