Lecture Notes In International Trade Theory: Classical Trade And Applications PDF Download
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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: 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: Richard Pomfret
Publisher: World Scientific Publishing Company
ISBN: 9813107227
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
This book provides a comprehensive review of the theory of international trade and trade policy, including coverage of recent areas of research such as heterogeneous firm trade models and trade costs. It then proceeds to analyze the history of trade policies and the evolution of the global trading system, with a primary focus on important policies or controversial issues such as the Doha Round, antidumping duties, regionalism and fair trade.It aims to emphasize the significance of different theories and how they are interconnected. Unlike other technique-driven international economics textbooks, this book focuses on readers understanding how theory and policy are connected. Written in a lecture note format and in a straightforward manner, the presentation is self-contained with no assumed mathematical knowledge.
Author: Charles Francis Bastable
Publisher:
ISBN:
Category : Literary Criticism
Languages : en
Pages : 220
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Book Description
Author: Murray Kemp
Publisher: Routledge
ISBN: 1134073186
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
Murray C. Kemp is one of Australia's foremost economists. He has held positions across the world including London School of Economics, U.C. Berkeley, Columbia University, McGill University, MIT, and latterly Macquarie University. Kemp was a Member of Council for the Econometric Society and was a Distinguished Fellow of the Economics
Author: Takashi Negishi
Publisher: Springer Science & Business Media
ISBN: 1475749597
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Written in a style that makes it easily accessible to scholars and students, the book combines standard topics on international trade with a discussion of the evolution of the theory and some recent discussions on topics like immiserizing growth. This book is presented in two parts. Part I examines the historical progression of international trade theory. Part II addresses the modern theory and recent developments of international trade. This book offers a comprehensive evaluation of the non-monetary problems of international economics.
Author: Jagdish N. Bhagwati
Publisher: MIT Press (MA)
ISBN: 9780262024433
Category : Business & Economics
Languages : en
Pages : 602
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Book Description
"A comprehensive treatment of both positive and normative trade theory, this second edition includes new chapters on the specific-factors model, economies of scale, strategic trade policy, and endogenous growth. Graduate students will appreciate the lucid writing and the judicious mix of algebra and diagrams." -- Gene Grossman, Jacob Viner Professor of International Economics, Princeton University The greatest strength of this thoroughly revised and expanded edition of "Lectures on International Trade" is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors, who now include Arvind Panagariya, offer both policy insights and empirical applications. They have added nine entirely new chapters as well as new sections to several existing chapters (e.g., a greatly expanded treatment of the growing theory of preferential trade agreements). The new chapters are on: the specific-factors model the "higher-dimensional" trade theory and empirical verification of the Heckscher-Ohlin-Vanek theory duality in trade theory algebra of the Heckscher-Ohlin and specific-factors models the theories of international trade in the presence of scale economies nontariff instruments of trade policy, chiefly AD, VERs, and VIEs trade policy under oligopoly and monopolistic competition trade policy reform application of the new literature on endogenous growth to trade theory and policy
Author: Priyaranjan Jha
Publisher: World Scientific Lecture Notes
ISBN: 9789811220838
Category : Business & Economics
Languages : en
Pages : 160
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Book Description
This book provides a comprehensive discussion of the economics of International Trade. Key questions related to why countries trade, how they gain from trade, and how international trade can produce winners and losers are answered. The last of these questions is related to the connection of trade to inequality in the distribution of income. The book uses both theoretical models and empirical evidence to answer these questions. It also provides a discussion of the economics of labor migration and international capital mobility. The book also provides a detailed discussion of the welfare implications of various trade policy instruments such as tariffs, quotas, export subsidies etc. This is followed by a discussion of the process of actual policymaking in democratic societies which goes into the realm of political economy. The focus here is on the political economy of trade policy. It also provides a discussion of the economics of preferential trading agreements and a history of multilateral trading agreements under the aegis of GATT (General Agreement on Tariffs and Trade) and its evolution into the World Trade Organization (WTO).
Author: Jacob Viner
Publisher: New York ; London : Harper
ISBN:
Category : Commerce
Languages : en
Pages : 704
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Book Description
"First edition." Bibliography: p. 602-631.
Author: Miltiades Chacholiades
Publisher: Routledge
ISBN: 1351475681
Category : Business & Economics
Languages : en
Pages : 744
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Book Description
There has long been a need for a systematic introduction to the modern pure theory of international trade that would take the student through a careful introduction to the tools of analysis and the main logical propositions into the application of the theory to practical problems of international economic policy. Trade theory should be part and parcel of price theory, distinguished only by the fact that other countries form part of the natural opportunities--and natural constraints--that a country confronts in its efforts to bend nature to its desire to produce utility-yielding goods and services; but its exposition is often confused by the attachment of its expositors to obsolete problems and backward analytical techniques. This book covers in detail classical, neoclassical, and modern theories of international trade, with special attention to problems of equilibrium, growth, and welfare, and discusses the work of all major contributors in this field from Ricardo and Mill through Meade, Heckscher, and Ohlin, to the growth models of Johnson, Solow, and Uzawa. All problems are clearly stated and the easiest and most convenient solutions are sought in each case, with the more technical topics in the field discussed in several chapters and appendixes that may be omitted for less advanced students without interrupting the continuity of the book. The book's coverage is complete and entirely up-to-date. It is written primarily for advanced undergraduate and graduate courses in international trade, but it will also serve as an important reference tool for professional economists working in this field and will be of considerable interest to students and practitioners dealing with problems of economic development and international business relationships more generally.
Author: Miltiades Chacholiades
Publisher: New York : McGraw-Hill
ISBN:
Category : Business & Economics
Languages : en
Pages : 650
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Book Description
