International Trade Theory and Policy
International Trade Theory and Policy

Author: Giancarlo Gandolfo

Publisher: Springer Science & Business Media

Published: 2013-08-13

Total Pages: 669

ISBN-13: 3642373143

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In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers alike. It addresses undergraduate students with extremely clear language and illustrations, making even the most complex trade models accessible. In the appendices, graduate students and researchers will find self-contained treatments in mathematical terms. The new edition has been thoroughly revised and updated to reflect the latest research on international trade.

Theory of International Trade
Theory of International Trade

Author: Avinash Dixit

Publisher: Cambridge University Press

Published: 1980-09-30

Total Pages: 352

ISBN-13: 1107717086

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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.

Theory of International Trade
Theory of International Trade

Author: Avinash K. Dixit

Publisher: Cambridge University Press

Published: 1980-09-30

Total Pages: 352

ISBN-13: 9780521299695

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This book emphasizes that a trading equilibrium is general rather than partial, and is often best modeled using dual or envelope functions.

International Trade Theory
International Trade Theory

Author: Wei-Bin Zhang

Publisher: Springer Science & Business Media

Published: 2008-04-23

Total Pages: 415

ISBN-13: 3540782656

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The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw together all of the disparate branches of trade theory into a single - ganized system of knowledge. This book provides a powerful – but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dim- sions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. Building and analyzing various tractable and flexible models within a compact whole, the book helps the reader to visualize economic life as an endless succession of physical ca- tal accumulation, human capital accumulation, innovation wrought by competition, monopoly and government intervention. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition. The uniqueness of the book is about modeling trade dyn- ics.

A new approach to the theory of international trade
A new approach to the theory of international trade

Author: C.J. Rijnvos

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 127

ISBN-13: 1461343852

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Seen from a methodological point of view, the practice of economic science includes critical and theoretical thinking. The specific nature of these fields of study, their limitations and mutual adjustment have been covered by us l elsewhere. It became apparent that critical thinking aims at reaching a logical data description, simplifying social economic reality. Based on these data, it is the task of theory to discover logical laws in economic activity, if this is realized in a rational manner - and this is naturally a theoretical analytical condition. Economic science according to this structure can be seen in the diagram below. A more extensive summary is provided in the synopsis of 'valuation of economic science', at the end of this study. 1. appraisal of economic reality; 2. a logical consistent description of data as a basis to theory; 3. formulation of tendencies in economic process. A science pursued with this objective may fall short in two ways. In the first instance, it is possible that the critical thinking is too far divorced from reality. The data from which in this instance conclusions are made, are un realistic; they are probably too idealistic. In this way a basis is laid for the 1. See our study Waardering van het economisch denken. More particular Chapter IV. 2 INTRODUCTION futile formulation of laws in a presupposed economic process, because the conclusions of science are very far from reality.

International Trade
International Trade

Author: James R. Markusen

Publisher: McGraw-Hill/Irwin

Published: 1995

Total Pages: 504

ISBN-13:

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This text is suitable for international trade courses at the undergraduate level. Knowledge of microeconomics is an assumed prerequisite for students using this text.

The Essence Of International Trade Theory
The Essence Of International Trade Theory

Author: Noritsugu Nakanishi

Publisher: World Scientific

Published: 2018-10-29

Total Pages: 289

ISBN-13: 9813274409

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This textbook aims to explain the principles in international trade theory and show how some useful trade models work. The book concentrates on two fundamental issues in international trade, that is, the 'determinants of trade patterns' and the 'welfare gains from trade' in various economic environments. Chapters 1 through 3 assume perfect competition and explore the workings of the Ricardian model, the Heckscher-Ohlin-Samuelson model, the Specific Factors model and more recent development of the Eaton-Kortum model. Chapter 4 examines various welfare criteria and their relation to the 'social utility function' and, then, proves the basic gains-from-trade proposition. Chapters 5 and 6 examine the implications of imperfect competition using a unified oligopolistic model and variations of the monopolistically competitive model. The roles of the strategic interaction among firms, the economies of scale, product differentiation, the heterogeneity of firms, and the geographic distribution of agents will be highlighted. Chapter 7 deals with some trade policy issues such as the effects of tariffs, the relation of tariffs to other policy measures, and the so-called strategic trade policies.

International Trade
International Trade

Author: Luis Rivera-Batiz

Publisher: OUP Oxford

Published: 2003

Total Pages: 734

ISBN-13: 9780198297116

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This title offers an integrated account of strategic trade analysis, combined with empirical evidence and new results. It addresses the need to synthesize and integrate the new advances in a field that has become a key element of policy discussions.

A New Construction of Ricardian Theory of International Values
A New Construction of Ricardian Theory of International Values

Author: Yoshinori Shiozawa

Publisher: Springer

Published: 2017-03-30

Total Pages: 307

ISBN-13: 981100191X

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This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo–Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M N). The new theory is based on the assumption that prices are determined by production costs, which is the property derived from the classical value theory. The papers collected here deal with the following: introducing readers to the new theory; presenting diagrammatic illustrations of the new theory; analysing efficient patterns of specialization allowing intermediate inputs; examining how the new theory gives a new horizon to the Neo-Ricardian trade theory; investigating competitiveness, the long-period method, and potentiality from the perspectives of the new theory; discussing Mill's conversion toward neoclassical revolution; scrutinizing how the concept of comparative advantage has developed and diverged from Ricardo’s trade theory; discussing the purification of Marshall's value theory through Mill’s influence; reviewing the controversies on international values among Japanese economists; considering the value-added trade based on the Ricardian value theory; and lastly giving a mathematical explanation of the definitions and theorems of the new theory./pp