The New Americans

The New Americans

Author: Panel on the Demographic and Economic Impacts of Immigration

Publisher: National Academies Press

Published: 1997-10-28

Total Pages: 449

ISBN-13: 0309521424

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This book sheds light on one of the most controversial issues of the decade. It identifies the economic gains and losses from immigration--for the nation, states, and local areas--and provides a foundation for public discussion and policymaking. Three key questions are explored: What is the influence of immigration on the overall economy, especially national and regional labor markets? What are the overall effects of immigration on federal, state, and local government budgets? What effects will immigration have on the future size and makeup of the nation's population over the next 50 years? The New Americans examines what immigrants gain by coming to the United States and what they contribute to the country, the skills of immigrants and those of native-born Americans, the experiences of immigrant women and other groups, and much more. It offers examples of how to measure the impact of immigration on government revenues and expenditures--estimating one year's fiscal impact in California, New Jersey, and the United States and projecting the long-run fiscal effects on government revenues and expenditures. Also included is background information on immigration policies and practices and data on where immigrants come from, what they do in America, and how they will change the nation's social fabric in the decades to come.


Terms Of Trade: Glossary Of International Economics (2nd Edition)

Terms Of Trade: Glossary Of International Economics (2nd Edition)

Author: Alan V Deardorff

Publisher: World Scientific

Published: 2014-03-24

Total Pages: 616

ISBN-13: 9814518611

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Have you ever wondered what a term in international economics means? This useful reference book offers a glossary of terms in both international trade and international finance, with emphasis on economic issues. It is intended for students getting their first exposure to international economics, although advanced students will also find it useful for some of the more obscure terms that they have forgotten or never encountered.Besides an extensive glossary of terms that has been expanded about 50% from the first edition, there is a picture gallery of diagrams used to explain key concepts such as the Edgeworth Production Box and the Offer Curve Diagram in international economics. This section is followed by over 30 lists of terms that occur a lot in international economics, grouped by subject to help users find terms that they cannot recall.Prior to an enlarged bibliography is an expanded section on the origins of terms in international economics, which records what the author has been able to learn about the origins of some of the terms used in international economics. This is a must-have portable glossary in international trade and international economics!


Increasing Returns and Economic Analysis

Increasing Returns and Economic Analysis

Author: Kenneth J. Arrow

Publisher: Springer

Published: 1998-04-12

Total Pages: 478

ISBN-13: 1349262552

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Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.


Trade Liberalization Among Major World Trading Areas

Trade Liberalization Among Major World Trading Areas

Author: John Whalley

Publisher: MIT Press

Published: 1985

Total Pages: 336

ISBN-13: 9780262231206

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This book provides a much needed quantitative response to the classic question of whogains and who loses in trade liberalization and shows how important the process is for the globaleconomy. It contributes significantly to the debate concerning trade between developed anddeveloping countries.John Whalley describes and uses a numerical general equilibrium model of worldtrade to explore issues in the area of trade liberalization among major world trading areas - theEuropean Economic Community, the United States, Japan, and developing countries. His book is uniqueboth in using this framework to analyze world trading patterns, and in considering a number oftrading areas simultaneously within the same model. It is able to quantify the merits of alternativeactions in international trade policy, the ways that the interests of the EEC, the United States,and Japan are similar and ways in which they differ, and show how the interests of less developedcountries are affected by various trade liberalization initiatives.Part I provides a description ofthe model, data sources and adjustments to basic data, and methods for specification and solution ofthe model. Part II presents results from model applications along with policy conclusions.Applications include analysis of tariff cutting formulae in the Toyko Round, an evaluation of theTokyo Round trade agreement, examination of incentives for a retaliatory trade protection 'war'between world trade blocs, and analysis of the impact of protectionist policies on North-Southtrade.John Whalley is Professor of Economics at the University of Western Ontario.


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.


The Political Economy of Trade Policy

The Political Economy of Trade Policy

Author: Robert C. Feenstra

Publisher: MIT Press

Published: 1996

Total Pages: 334

ISBN-13: 9780262061865

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This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay


The Economic and Fiscal Consequences of Immigration

The Economic and Fiscal Consequences of Immigration

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-07-13

Total Pages: 643

ISBN-13: 0309444454

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The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.


Production Economics: A Dual Approach to Theory and Applications

Production Economics: A Dual Approach to Theory and Applications

Author: Melvyn Fuss

Publisher: Elsevier

Published: 2014-06-28

Total Pages: 361

ISBN-13: 148325903X

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Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.


Trade, Theory and Econometrics

Trade, Theory and Econometrics

Author: James R. Melvin

Publisher: Routledge

Published: 2012-08-06

Total Pages: 416

ISBN-13: 1134752814

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This book brings together cutting edge contributions in the fields of international economics, micro theory, welfare economics and econometrics, with contributions from Donald R. Davis, Avinash K. Dixit, Tadashi Inoue, Ronald W. Jones, Dale W. Jorgenson, K. Rao Kadiyala, Murray C. Kemp, Kenneth M. Kletzer, Anne O. Krueger, Mukul Majumdar, Daniel McFadden, Lionel McKenzie, James R. Melvin, James C. Moore, Takashi Negishi, Yoshihiko Otani, Raymond Riezman, Paul A. Samuelson, Joaquim Silvestre and Marie Thursby.


Inequality and Growth

Inequality and Growth

Author: Theo S. Eicher

Publisher: MIT Press

Published: 2003

Total Pages: 343

ISBN-13: 0262050692

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Essays exploring the relationship between economic growth and inequality and the implications for policy makers.