200 Years of Ricardian Trade Theory

200 Years of Ricardian Trade Theory PDF Author: Ronald W. Jones
Publisher: Springer
ISBN: 3319606069
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.

200 Years of Ricardian Trade Theory

200 Years of Ricardian Trade Theory PDF Author: Ronald W. Jones
Publisher: Springer
ISBN: 3319606069
Category : Business & Economics
Languages : en
Pages : 273

Get Book Here

Book Description
This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.

Free Trade and Absolute and Comparative Advantage

Free Trade and Absolute and Comparative Advantage PDF Author: Reinhard Schumacher
Publisher: Universitätsverlag Potsdam
ISBN: 3869561955
Category : Political Science
Languages : en
Pages : 116

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Book Description
This thesis deals with two theories of international trade: the theory of comparative advantage, which is connected to the name David Ricardo and is dominating current trade theory, and Adam Smith’s theory of absolute advantage. Both theories are compared and their assumptions are scrutinised. The former theory is rejected on theoretical and empirical grounds in favour of the latter. On the basis of the theory of absolute advantage, developments of free international trade are examined, whereby the focus is on trade between industrial and underdeveloped countries. The main conclusions are that trade patterns are determined by absolute production cost advantages and that the gap between developed and poor countries is not reduced but rather increased by free trade.

Darwin's Dangerous Idea

Darwin's Dangerous Idea PDF Author: Daniel C. Dennett
Publisher: Simon and Schuster
ISBN: 1439126291
Category : Science
Languages : en
Pages : 596

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Book Description
In a book that is both groundbreaking and accessible, Daniel C. Dennett, whom Chet Raymo of The Boston Globe calls "one of the most provocative thinkers on the planet," focuses his unerringly logical mind on the theory of natural selection, showing how Darwin's great idea transforms and illuminates our traditional view of humanity's place in the universe. Dennett vividly describes the theory itself and then extends Darwin's vision with impeccable arguments to their often surprising conclusions, challenging the views of some of the most famous scientists of our day.

Does What You Export Matter?

Does What You Export Matter? PDF Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 0821395467
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products that only incidentally favor some sectors over others.

Rigged Rules and Double Standards

Rigged Rules and Double Standards PDF Author: Kevin Watkins
Publisher: Oxfam
ISBN: 9780855985257
Category : Social Science
Languages : en
Pages : 278

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Book Description
A critical and detailed analysis of inequalities of world trade systems.

Railroads and American Economic Growth

Railroads and American Economic Growth PDF Author: Robert William Fogel
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 0

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Book Description


Varieties of Capitalism

Varieties of Capitalism PDF Author: Peter A. Hall
Publisher: Oxford University Press
ISBN: 0199247749
Category : Business & Economics
Languages : en
Pages : 557

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Book Description
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Globalization and the Myths of Free Trade

Globalization and the Myths of Free Trade PDF Author: Anwar Shaikh
Publisher: Routledge
ISBN: 1135986959
Category : Business & Economics
Languages : en
Pages : 326

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Book Description
Written by an international team of contributors this book is a critical examination of the ongoing enterprise of neoliberalism; its history, theory, practice, and most of all, of its outcomes.

Who's Bashing Whom?

Who's Bashing Whom? PDF Author: Laura D'Andrea Tyson
Publisher: Peterson Institute
ISBN: 9780881321067
Category : Business & Economics
Languages : en
Pages : 358

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Book Description
Governments around the world? This volume answers these questions on the basis of detailed and rigorous case studies of trade disputes between the United States, Japan, and Europe in aircraft, semiconductors, supercomputers, telecommunications, and other electronics products. Tyson proposes a "cautious activist" policy agenda to promote US competitiveness in high-technology sectors and to strengthen multilateral rules governing high-technology trade.

An Evolutionary Theory of Economic Change

An Evolutionary Theory of Economic Change PDF Author: Richard R. Nelson
Publisher: Harvard University Press
ISBN: 9780674041431
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.