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Author: Stephen P. Magee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
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Author: Stephen P. Magee
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 168
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Author: James E. Anderson
Publisher: World Bank Publications
ISBN:
Category : Comercio internacional
Languages : en
Pages : 37
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Book Description
In this paper we develop techniques for measuring the trade policy equivalent of domestic distortions, using a distance function approach. Our measure, the Trade Restrictiveness Index, is shown to equal the uniform tariff which is welfare-equivalent to a given pattern of domestic taxes and subsidies. We extend the Index to incorporate taxes on non-traded goods and factor markets and illustrate its operationality with an application to liberalization in Mexican agriculture. We conclude that our Index has considerable potential in empirical work and as an aid to trade negotiators.
Author: Bharat Hazari
Publisher: Routledge
ISBN: 1317241703
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
First published in 1978. This book provides a simple, systematic, yet rigorous treatment of the key aspects of the pure theory of international trade and distortions. The opening chapter presents the standard two-factor, two-commodity barter model of international trade and a comprehensive treatment of the important properties and relationships. The rest of the book consists of four sections: parts One and Two are devoted to an analysis of factor market imperfections, and Parts Three and Four consider the trade-theoretical consequences of product market imperfections. A concluding chapter presents some generalised theorems. This book would be of interest to students of economics.
Author: Ian William Middleton
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 124
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Author: Stephen Pat Magee
Publisher:
ISBN:
Category : Factor analysis
Languages : en
Pages : 382
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Author: Larry S Karp
Publisher: World Scientific
ISBN: 9811249881
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and natural resource problems, including pollution 'leakage' (where pollution reductions in one country are offset by trading partners' increased pollution) and imperfect property rights. Other applications include the general equilibrium effects of commodity and trade taxes, international transfers (the 'transfer problem'), minimum wage constraints, and immiserizing growth. The Author assumes that students have some experience in formulating and answering comparative statics questions in an optimization setting. Building on these skills, and developing the idea of stability in an equilibrium setting (the Marshall Lerner condition), students learn how to formulate and answer comparative static questions in trade models.
Author: Bharat Raj Hazari
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Anne O. Krueger
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 60
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Author: Avinash Dixit
Publisher: Cambridge University Press
ISBN: 1107717086
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.
Author: Raveendra N. Batra
Publisher: Springer
ISBN: 1349014230
Category : Business & Economics
Languages : en
Pages : 367
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Book Description
